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The square footage of a home is important when buying or selling a home. It has to be accurate when the home is listed in the Multiple Listing Service (MLS), as the size of the house contributes to the price. Square footage contributes to the valuation of a home, so an accurate measurement help 
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When selling a home, accurate data is critical for buyers and sellers. The information provided can influence a buyer's decision on purchasing a property and, ultimately, what they are willing to pay.
One of the key data points of any property is the size. It is critical for home sellers and real estate agents to get the square footage of a home nailed down correctly.
It is such a crucial information point, you could be sued for misrepresentation if it is way off. See what you need to know about selling a house and measuring the property accurately in the helpful article at Realty Times.