MLMN

A practical guide by MLMN

Questions for comparing a local property discussion

Questions for comparing a local property discussion

Property podcasts and local updates may mix opinion, market commentary and sales material. Use a comparison sheet to identify what is evidence and what needs professional advice.

Work through the checklist

  1. Record the area, property type and date of each statement. Ask whether a figure represents asking prices, completed sales, rent or an estimate.

  2. Note the source and sample behind a market claim. Avoid extending a conclusion from one neighbourhood or period to another without supporting evidence.

  3. Write questions about condition, legal obligations, financing and ongoing costs for relevant qualified advisers. Keep promotional statements separate from your own requirements.

A useful question

Can a podcast tell me what a property is worth?

It can suggest questions and context. It does not replace an assessment of the specific property and the legal and financial circumstances of a purchase.