Advanced Comp and Analysis Tips

[Alonso Figueroa]

Aside the from the MLS, and resources exclusive to real estate professionals

What FREE TOOLS would you recommend to make comps in analyzing a deal?
eaxmple: Zillow, Redfin, government crime report sites, google maps/time machine, public tax records, etc

PAID TOOLS?
example: Rentometer, BiggerPockets calculators,

Thanks for your input!

[Bob Okenwa]

@Alonso Figueroa

I go with Redfin for comps. Good UI, data is pulled from the MLS and is updated regularly, and it's free. I check county records to ensure the SF, bed/bath count/lot size matches what's in the listing. If it isn't, I have questions for the listing agent to explain the discrepancy (addition, finished attic/basement,etc).

Rentometer and BP calculators help with rent estimates, but Zillow/Trulia/Realtor.com/Redfin are good for rental estimates as this is where your client base is looking and will be making decisions on what they think the rental market rates are. Also, a good agent should get closed MLS rental data so you have hard numbers to work off of.