Befreinding Realtors?

[Edward Suarez]

Hey Everyone this is Edward again, and I wanted to ask a question(s) on getting comps for a property to show the seller what they're going for in their area , so the questions are

How to get a realtor to get you comps?

How to compensate your realtor per property?

and How to work with a realtor for my wholesale deals long term?

Anything would help Thanks.

[Doug Pretorius]

Maybe things are different in Tucson. But in my experience, comps aren't worth paying for. Get 5 realtors to do CMAs and you'll get 5 different prices ranging by at least 20%. I can come to the same 'conclusion' about price by just averaging what's for sale in the neighborhood and taking 10% off the top (for commission and closing costs.)

Besides, I'm a believer that past prices do not indicate future trends. Your subject property is competing with what IS on the market, not what WAS on the market.