First Flip, WHAT THE COMPS?!?!?!

[Danielle Jones]

Trying to understand the formula used to get comps for my first rehab. I have two real estate agents give me comps on the same property and there was a $30k difference. I used Redfin, Bank of American Real Estate Center, zillow, trulia...my own estimate came close to one of the agents give or take a few thousand. Should I get a 3rd opinion? 

Any input would be greatly appreciated 

[Steve Vaughan]

The similarity of recently sold properties in your area is key.  Not listed property, sold!  The method which the properties sold (short/auction sales, seller-financed, etc) and condition of the properties is also huge.  Days the sold properties were on market is also important.  Did those have exposure?   Trust a competent realtor over online sources.  Good question @Danielle Jones!