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Updated about 8 years ago on . Most recent reply

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241
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Chad K.
  • Charlotte, NC
21
Votes |
241
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who has the most accurate comps?

Chad K.
  • Charlotte, NC
Posted

Since im not a realtor with access to the mls when im preparing to make a offer on a home as a wholesaler I use a few websites.Are there any great ways or websites to get the most accurate comps of a home? Because the current home im researching thru zillow(zestimate) was very different than the redfin comp. if you could help please leave a comment or message.

Most Popular Reply

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670
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352
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Jeff Wallenius
  • Specialist
  • Indianapolis, IN
352
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670
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Jeff Wallenius
  • Specialist
  • Indianapolis, IN
Replied

@Chad K. the best bet is to create your own comps. Redfin allows you to look at sold comps and search your area that way. Be careful on Zillow as they show solds that we sold back to the bank at foreclosure and these can be an inflated price that is unrealistic, so do your homework. Don't rely on any computer program to give you a value, theres too many variables. Find the closest houses in your particular area that have sold within the past 3 months preferably. Make sure your aware of school districts that raise value, or specific neighborhoods. In Portland one neighborhood can sell for $50K higher than another 5 blocks away. Let me know if you need more details on how to comp. Best of luck!

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