About 'Public Info' Sales Price and Privacy
This topic, from a previous thread, is interesting to me.
When I close on Friday, my sales price will not be recorded on the deed. No lien will be recorded. Therefore, the public record will not contain the sales price. State and county databases will not have the sales price, and will not be able to publish it from its own primary data bank.
The Indiana Board of Realtors may well record the sales figure in their own database. Thus, it is conceivable that the sales price could show up on Realtor.com when I go to sell again.
The realtor is my employee, or contractor, in a way. I never signed anything giving them "rights" to retain or publish this info. I do think I "own" the info and have an almost exclusive "right" to it, because this is a private transaction -- the realtor is merely a service provider who happens to be benefitting, and that is all.
I'm sure that other people asking and paying inflated prices contributed in no small way to the grotesque balloon in house prices of the 90's and 00's. When you really sit down and think of how much your beds and baths are "worth", in comparison to what you earn in an hour of your time, housing price deflation happens. Well, unless you work on Wall Street, I guess.
This gets into the whole market theory of economics, of course, but houses are pretty different from wheat.