What determines market value?
Raise your hand if you know the answer. Don’t just shout it out like a… shouter. I demand
order in the classroom of Preston Ely.
Anyone? Bueller?
You. In the front. Staring at the screen right now. Reading these words…
Yo, you! What’s the answer?
Okay, I’ll just tell you…
It’s whatever two people agree the value is.
Ain’t that some crazy!? Whatever two people agree that it is. Unfreakinbelievable. I love America. I say you and I go up to D.C., agree that the White House is worth $100 bucks, and flip it for a cool mil.
No, seriously, as we all know, the market value of a house in North America is whatever Zillow says it is.
Stop laughing.
Okay fine, you got me. It’s whatever Zillow says it is… MINUS 20% or so. The 20% variance is what I like to call their “fraudulent enhancement of value in order to generate more illegitimate leads for Realtors” BS.
…
Preston Ely
is a real estate investor, serial entrepreneur, life coach, musician and philanthropist. CEO of Real Freedom, Inc, one of the most influential internet-based information publishers in the world, owns the largest Anytime Fitness Gym in the United States, is recording a music album with Atlantic Records, sits on the board of Advocates Of Love Orphanage, and has a non-profit charity assisting the poor and oppressed in Cuba with both their physical and spiritual needs.
With over 200,000 subscribers to his email newsletter, he is rapidly fulfilling his mission on earth, which is to glorify God by setting people physically, mentally, financially, and spiritually free through his music and his message of FREEDOM. Preston is 37 years old, lives in Tampa, FL with his wife Ashley, where he spends most of his time reading, writing, and practicing mixed martial arts.