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Updated over 10 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • boston, NH
32
Votes |
401
Posts

how to run comps in NH

Account Closed
  • Real Estate Investor
  • boston, NH
Posted

people told me to use NNEREN but i need to be a realtor to use it.

is there a better/easier way of finding comps?

Most Popular Reply

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3,269
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Ann Bellamy
  • Lender
  • Tyngsboro, MA
2,367
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3,269
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Ann Bellamy
  • Lender
  • Tyngsboro, MA
Replied

Derek, in this case, you move on. Although the trulia and zillow estimates cannot be used to estimate value, they indicate a general idea. Lets assume the house is actually worth the zestimate, which is unlikely. But just for discussion, if it's worth $252K, and the seller wants $259K, it would take a lot of negotiating to get down to a point that you could make money. You also haven't given us any idea of the price of repairs needed. So really, there is no way we can answer this question except to tell you to find a motivated seller, not someone who wants retail.

Also, NNEREN actually does have sold comps listed on it without being a realtor. Once you go to NNEREN.com, There is an option to search Sold Properties. You can't enter much in the way of criteria, but you can get a little information on recently sold properties in a given town.

And finally, in a separate post, I gave you a couple other ways to find comps that were not nneren. You will have to either really dig for the information or pay for it using the service I mentioned, or have a real estate agent pay for the information.

Also the NHREIA used to provide free comps for its members. You can check with them and see if they still do this for members.

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