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Updated over 7 years ago, 07/20/2017

User Stats

83
Posts
40
Votes
Jake Miller
  • Flipper
  • Huntington Beach, CA
40
Votes |
83
Posts

Inaccurate Comps being sent by Agent

Jake Miller
  • Flipper
  • Huntington Beach, CA
Posted

So I have an Agent I've been working with to run comps for me, interesting thing is her comps frequently put the property 20-30k above my ARV's everytime, just like wholesalers I see out there who are trying to misslead people.

For example she recently sent me comps of a property that had an average ARV around 140k, the problem is every property on her list had nearly double the square footage, so these aren't even accurate comps at all.

I use a program that allows me to search the MLS and runs comps for me and I feel like I'm pretty thorough in keeping square footage within a couple hundred feet, bedrooms and baths nearly identical and factoring in certain amenities like pools,garages ect ect.

Do you feel like this Agent simply doesn't know what she's doing?

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