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Answers (5)
- Auria Roman, "MNS.net.aroman"
- Contributions:87
No one can really give you an accurate estimate, other than an appraiser.
There are ways to to accomplish, what you are looking to do. Calling a local bank, may be an easy way to get their expertise and help you find an appraiser.
or Click on my picture for my info if you need further details
- Larry Jacobson, "Clearpoint"
- Contributions:1214
Take out foreclosures? You have got to be kidding me!!
what horse nonsense! "I take out the foreclosures which are not good comps!" newsflash: if there are foreclosures, an appraisor must use them in his/her appraisal.
If you want your clients to feel good about the comps, list with you and never sell, keep doing that! If you want a price at which the home has a prayer of selling at, you must price competitive with foreclosures.
If you want your clients to feel good about the comps, list with you and never sell, keep doing that! If you want a price at which the home has a prayer of selling at, you must price competitive with foreclosures.
- Chris Richards,GRI, "Chris Richards"
- Contributions:280
Any real estate professional will get you comps in your neighborhood. We are now having to take out foreclosure properties which generally sell for less than the conventional listing in today's market.
I do comps by running the subject property on the MLS and in the tax records. After checking square footage, bedrooms, baths and amenities, I then do a radius search within (let's say) 1/2 mile from the subject property.
I then take out the foreclosures and other properties that are not good comps. The MLS does the figuring for us.
Let me know if you have other question I can answer for you at crichards@prupat.com.
chris
I do comps by running the subject property on the MLS and in the tax records. After checking square footage, bedrooms, baths and amenities, I then do a radius search within (let's say) 1/2 mile from the subject property.
I then take out the foreclosures and other properties that are not good comps. The MLS does the figuring for us.
Let me know if you have other question I can answer for you at crichards@prupat.com.
chris
- sunnyview
- Contributions:25139
The comps on the comp list are not necessarily used in finding your Zestimate. I know that doesn't make immediate sense, but they are listed there for your information only so you can see what has sold near you. I have comps on my comp list that are 1,000 square feet bigger and 50 years newer than my home. Zillow lists them by for me by distance, but doesn't use them in calculating the numbers. You do have an option of selecting specific comps for your home. I have heard it is easy to do, but I haven't done it myself yet. I do not know if you choose your own comps if Zillow uses them in the Zestimate number mix or not. I would guess that they wouldn't, but it is hard to say for sure.
Why not use comps from my neighborhood or nearby to get an estimate?
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