Winnipesaukee Forum - View Single Post

fatlazyless · 11-15-2006, 06:26 AM

Sometimes, people like to knock on the Realtors and say they are overpaid with their five or six percent commissions but they are a good source of abatement info.
Two different agents at two local companies, C-21 Lakes Region, and Caldwell Banker in Moultonborough were happy to supply me with copies of residential property listings showing at what price recent homes, comparable to my humble cottage, have sold. They were happy to do it, and it was no big deal to get the info as all the Realtors are very information-puter organized. They both agreed that my cottage was over assessed by about 25% from what Meredith had for a value. Realtors like to talk with potential sellers, and there's no need to mask that you are not interested in selling and are there only for the free abatement info comps. It's called 'picking their brains' and they know all about it.

I understand that getting your local town to agree to a substantially lower value of say 25% is totally 'another issue' even when armed with comparable sales prices.

Anyone have any experience with appealing to the state board in Concord, or to the local superior court, for a too high assessment?

11-15-2006, 06:26 AM	#7
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,730 Blog Entries: 1 Thanks: 300 Thanked 1,003 Times in 731 Posts	...help from local Realtor Sometimes, people like to knock on the Realtors and say they are overpaid with their five or six percent commissions but they are a good source of abatement info. Two different agents at two local companies, C-21 Lakes Region, and Caldwell Banker in Moultonborough were happy to supply me with copies of residential property listings showing at what price recent homes, comparable to my humble cottage, have sold. They were happy to do it, and it was no big deal to get the info as all the Realtors are very information-puter organized. They both agreed that my cottage was over assessed by about 25% from what Meredith had for a value. Realtors like to talk with potential sellers, and there's no need to mask that you are not interested in selling and are there only for the free abatement info comps. It's called 'picking their brains' and they know all about it. I understand that getting your local town to agree to a substantially lower value of say 25% is totally 'another issue' even when armed with comparable sales prices. Anyone have any experience with appealing to the state board in Concord, or to the local superior court, for a too high assessment?