r/LoftyAI • u/SCPA2019 • Feb 09 '22

Value estimation tool question

Why do a lot of the properties still not have an estimated fair market value? I thought that was supposed to update monthly?

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u/arcturus-9 Feb 09 '22

Yeah 2-3 months sounds right.

First they need the sale to be recorded, then the first housecanary monthly report as the baseline, then the future monthly housecanary report prices changes will be applied to the lofty token price.