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Updated over 8 years ago on . Most recent reply
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Pulling comps in Houston
How do agents pull comps? Recently, I picked 3 sold houses off of HAR's map view. The value was 145k. But when I use the instant CMA tool the value is 133k. My filters are no minimum, no maximum, 6 months sold, and 1.5 miles.
Which one is more reliable?
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Agents are able to pull comps a few different ways. One criteria I would recommend not focusing on is distance. You must be able to focus on subdivisions and school zones. Agents have the capability to map these boundaries in TEMPO. Crossing a major street could adjust your ARV as this could place you in another subdivision or school zone and this could sometimes be 100ft (far less than 1.5 miles).