Charlotte, NC · Member since 2008 · 49 posts · 0 votes
Does anyone have a realistic site they use to get comps and previous purchase prices. I use realestateabc.com which seems to be a great site what does everyone else use instead of having to depend on a agent. Even though sometimes you may not be able to pull every property you request.
Developer · Santa Clarita, CA · Member since 2008 · 15k+ posts · 10k+ votes
18y
Realtor.com and Dataquick are helpful. I have a membership to dataquick which allows me to search for comps, property profiles, as well as outstanding mortgages. Some states have disclosure laws, so I can not get all the info necessary at times.
A title company on your team is very important as well as an agent to run comps.
Charlotte, NC · Member since 2008 · 49 posts · 0 votes
18y
I appreciate the info have you every used realestateabc.com. Nationwide what does the title company do exactly. How can they help me and what do they charge.
Real Estate Investor · OK · Member since 2008 · 81 posts · 2 votes
18y
I get my comps from a Realtor
I realize that in a larger city this might be cumbersome, but I think it's the only true way to find out what properties sell for, plus sellers concessions. And to get the most critical data, which is DOM (days on market).
get MLS data sheets of closed properties and you get the goods.
Rental Property Investor · Mercer Island, WA · Member since 2008 · 22k+ posts · 14k+ votes
18y
Title companies also have data. Not sure if you can just call one out of the blue and get access, but after you do a deal, contact that title company and ask about getting access. The one I use has a nice online tool that lets you look at property details and search for comps. It does a surprisingly good job of choosing similar properties (similar style, size, and beds/baths.)
Depending on where you are, county records can be good. They're fair in my main farm area, poor in Denver county, and really good in a couple of other counties. In the county where I live, they show a history for each property, back about 15 years.
Developer · Santa Clarita, CA · Member since 2008 · 15k+ posts · 10k+ votes
18y
Originally posted by "krlovill":
I appreciate the info have you every used realestateabc.com. Nationwide what does the title company do exactly. How can they help me and what do they charge.
The title company has access to ownership details, outstanding mortgage debt, property profile, etc. They have the most up to date and accurate info. As for getting them on your team, there are two ways that come to mind.
1. Request the service and pay a fee for said service.
2. Let them know you are a professional RE investor and do deals in their area. On occasion, you need to pull specific info/reports on properties and would like them to do so for you. In return, they will receive the business on all your closings. For this option to work, you need to have credibility as anyone can tell a great story. You should either, give them business upfront to create the relationship, or have an agent or other professional who already has a relationship with them, give your credibility to the title co. via the agent's referral. Of course you should follow through or that agent will never recommend you again!
Charlotte, NC · Member since 2008 · 49 posts · 0 votes
18y
I've been using realestaste.com which I mentioned before to me its a great site try it. I know the previous purchase and price on all comps. I usely focus on the six months and the dollar per square footage before I even take in to consideration the property. Do you guys look at homes if there 3/1 bed bath or 2/1 or wall unit a/c if so do have problems turn those around. Thanks for all the info.