Home Value Websites vs Realtor Comps - Which is Most Accurate?
Instant home value websites do have their appeal. As an investor, you need property value answers quick. Otherwise, you'll be in analysis paralysis and never get an actual deal done.
But how accurate are they? Not very, according to many online reviews comparing various home value websites. Here's an article by U.S. News that sums up the reasons why you get a wide range of values from these sites on the very same home: https://realestate.usnews.com/real-estate/articles...
I did a test on my own home using my recent appraisal as the accurate value. Then I compared the values from 7 popular home value websites. I recently refinanced my home so I had an appraisal and a RealEstateCompsToday.com. It only takes 2 minutes to order and costs 5 bucks.
They have agents in every market in the U.S., even rural areas. They can even run comps on land and on commercial properties.
Your order will be immediately given to a local agent who is knowledgeable in the neighborhood market of your subject property. The agent will pull your comps and email them to you within about 1 business day. Real Estate Comps Today will follow through with you and the agent to make sure you received the very best comps.
Isn't your investing career worth a day? It could save you thousands of dollars and so much frustration. Now the easy way is also the most accurate way.
What's your vote? Instant Home Value Websites or Real MLS Comps. We want to know your opinion.