[quote=urbanrealtor] So if I had shown up (like I got hired to consult) while a DIY was happening and I told the buyer the price was too high, he could say “lower the price or I am walking”. The terms of the contract would determine whether he got his deposit back or not.[/quote]
Again, as I mentioned in my earlier post, I’m not talking about a situation where a realtor was speaking with a client or taking part in a transaction. I was referring to someone trying to make a reputation for themselves (through a website or newspaper column, etc.) based on the accuracy of their predictions about the ultimate sale price of homes. I guess I answered my own question as it seems that Zillow continues to publish their “Zestimates” – which is pretty much what I was talking about.