Market Research - Salt Lake City, Utah

[Andrew McFarlane]

Hello All!

How do you get a "pulse" on the market? Do most people just look at all of the MLS listing sites (Realtor, Trulia, Zillow, etc.) or local classifieds and craigslist?

Whats the best way to pull comps? Is there a database to pull all of this information from?

Thanks,

Andrew

[Aaron Smith]

@Andrew McFarlane The short answer is, yes. :D  You can talk to a local realtor to see about comps. You can do your own research from all of those site and pull data from there. CL is a good way to judge rents in the local area to see if your property rents are near/at/or above market.. 

Pulling comps, and this is an educated guess, to get the data you need for a full analysis will require access to the MLS. Not sure you can do that in UT without a license, but I'm not sure about that part.

All the best, 

Aaron