Seller Utility Bills Give Buyers the Wrong Data. The Industry Keeps Asking for Them Anyway.

Requesting historical utility bills from sellers is a standard step in residential due diligence. But according to Tim Stanislaus of Pearl, the practice produces data so compromised by occupant behavior that it cannot predict a buyer’s actual costs and may actively mislead them. The Occupancy Problem That Invalidates Seller Bills Stanislaus argues that the utility […]