I wanted to get some feedback on how others are getting good comps if you are not getting them from a real estate agent. I’ve tried Zillow but have heard enough bad things to make me not use it. Also, it does not give the number of bedrooms which sucks.
I’ve seen Zillow be off 10k and i’ve seen them off 60k, I use them for rough numbers, but I also know my area. By Knowing the area, it saves you alot of time. But when I have decided to Purchase I always double check with my agent.
Zillow is a tool, but I wouldn’t even categorize it as a comparative sales program. Zillow is not bad; it’s just not accurate in terms of market prices. However if you know your local market well enough then Zillow can be a great to get a rough estimate. In one particular suburb I invest in Zillow is routinely off by $25,000, so I will add that to get an estimate.
To get reliable comps its best to go directly to the source and use a realtor. I don’t mean using one to buy a property if you don’t want, but paying the fee (generally $20-$50) for a package of comparative sales in the last 6 months.
Know your area, especially if you are trying to find good comps on your own.
Using Reallist is fairly accurate, and cheaper than paying a realtor, and if you are going to use sq ft price as a guide, make sure you are comparing sq ft prices of comps within the same or very similar neighborhoods. $100/sq ft might be a bargain price in one neighborhood, but $37/sq ft might be high, three blocks away.