comps

Bird Dogs, Wholesaling
1

I have been trying to work with realtors to get comps, but to no avail. I am a wholesaler, that needs a web-site to access comps, that is free and accurate, besides zillow.com, that i believe is not, nor are tax rolls accurate.

2

The only way that you are going to get true comps is to work with an appraiser. Have you tried going to any of the local REI club meetings? I am sure that with home sales being down, appraisers should be pretty hungry.

3

Find an investor friendly Agent, title company employee, or mortgage broker. They all have access to sales data.

4

Try this site, it’s Dean Graziosi’s site and it works really well.

Here’s the formula for comps which you can apply to data on this site:

  1. Sold Properties in the Lat 90 Days
  2. Must be Like Property
  3. Must Be Within 200-300 Sqft of the Subject
  4. Must be Within a One Mile Radius. Start 1/4 Mile, then 1/2 Mile then 1 Mile
    5 Must be Within 10 Yrs of Subject

Here’s the site:

http://www.totalviewrealestate.com/lockitup.php

Cheers :slight_smile:

Sean

5

Call an appraiser. Some appraisers may be willing to do a ‘pre-comp’. The bottom line is that what you are seeking is value-added information. Generally, such information is not free since it required labor to process.

6

To Sean Terry:Do you feel the comps from this web-site that you talk about, are accurate. According to some investors, on some properties that i have shown them, their comps seem to be 10-$15,000 lower. I know they might be a little different, but i also know their are some greedy investors out there. All i am trying to do is, get close, so i can wholesale flip the properties to other investors