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how can i use comps to my advantage?

  • November 28 2009 - Hicksville
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Answers (6)

When you talk about comps;it shoud be done by real estate a professional,because it neeeds knowledge and experience. plus a professional has a larger data base.
  • February 07 2010
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If you aren't working with a Realtor now is the time to consider using their services not only for accurate comps but also current information. However, if you interested in recent closed properties in any area check out MLSLI.com under closed properties, under the area. 
  • November 29 2009
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Don't rely on Zillow for accurate comps. It is a guideline at best. You really need to get an agent to show you comps. Then take the whole picture into consideration. If you offer foreclosure pricing on a non-foreclosure, you risk offending the seller. However, you can offer anything you want. The worst thing a seller can say is no.
  • November 28 2009
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You can certainly use those comps to justify a lower offer. In my experience, negotiations go the smoothest when we have the numbers to back up our offers. Your agent can present your offer in a way that shows you want to pay fair market value and not move into a house with negative equity.
  • November 28 2009
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Remenber ,that you need to be some knowledge about the are , to get what you looking for , based on what yuo pricing your property, remenber top conditions, you get the top dollar for you house , bad conditions , you get the munimun ok.

  • November 28 2009
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Profile picture for cmv138
let me get into more detail of the situation. a place im looking at is asking 415 and i see other houses sell for from 250-450 in the area. i got those comp #s from Zillow's  "recent nearby sales"



  • November 28 2009
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