AI-driven pricing models provide useful starting points but have significant limitations in unique or complex markets. They struggle with co-op share pricing, building-specific variables like flip taxes and board restrictions, recent renovations, and micro-neighborhood dynamics. Use AVMs as one data point alongside a broker's comparative market analysis and your own research into recent comparable sales in your specific building and block.
From the seller playbook: AI-Driven Pricing Models
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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