FAQ

What is the Smart Pricing Engine?

Smart Pricing is LandXchange's automated price estimate from recorded comparable sales. It is paused for now while we test comparable-sales data providers. For a value checked by a person, ask for a free land value for your county.

1. How does Smart Pricing work?

   We pull recorded comparable sales for your exact parcel. An automated AI check scores each one and drops poor matches with a reason. If there are not enough real comparable sales, you get no estimate rather than a guess. Smart Pricing is paused for now.

2. What do the three tiers mean?

   Cash-fast: roughly 70-80% of market, what an investor would pay today for a 7-14 day close. Market: 95-105% of comp median, the price most owner-occupant buyers will offer. Owner-finance: 110-130% of market, reflecting the buyer paying a premium for seller-carried financing.

3. Is Smart Pricing the same as an appraisal?

   No. Smart Pricing is informational, useful for setting your asking price and understanding market conditions, but not a substitute for a licensed appraisal. Banks and 1031 exchanges require formal appraisals; we do not provide those.

4. Why does my Smart Price differ from Zillow or LandWatch?

   Zillow does not value vacant land well, its algorithms are calibrated for homes with comparable square-footage data. LandWatch shows asking prices on competing listings, which often differ from actual sale prices. Smart Pricing uses recorded sale data, not asking-price data.

LandXchange is a marketplace technology platform, not a real estate broker, law firm, or appraiser. Information here is general, for specific transactions, work with a licensed professional.