FlipperForce pulls recent comparable sales data from public records. However, the availability of sales prices can vary depending on whether your property is located in a disclosure or non-disclosure state.
- Disclosure States: In states that require the publication of sales data, FlipperForce can provide accurate sales prices from public records.
- Non-Disclosure States: These states do not mandate the disclosure of sales prices, so information may be limited or unavailable. In these cases, you might see "Unknown Price" for many properties.
Why are some sales prices unavailable in non-disclosure states?
Several factors contribute to this:
- Private Sales: For Sale By Owner (FSBO) transactions or sales handled outside the Multiple Listing Service (MLS) often remain confidential.
- MLS Variations: Not all MLS systems require agents to enter sales prices upon closing.
- Confidential Classifications: The National Association of Realtors (NAR) notes that some sales prices can be classified as confidential, even in non-disclosure states.
- County-Level Differences: Some non-disclosure states may have counties that operate as full-disclosure areas, creating further complexity.
What if I need sales prices in a non-disclosure state?
While FlipperForce may have limited pricing data in non-disclosure states, you can explore other sources like your local MLS or real estate agents for more information.
