The settlement of the Sitzer-Burnett lawsuit got a lot of traditional media coverage. It got much more hand-wringing on YouTube and in comment sections across the social media landscape. The required practice changes, which are widely misunderstood, are being implemented unevenly across the nation, including in Idaho. We will recap how this affects the owners of high-value properties as they consider a sale.

Conjectures about property values are dangerous whether they come from a real estate salesperson, neighbor, builder or anyone else. Accurate valuations take real work. Valuations for high-value properties can go sideways for two reasons.