Real Estate Investor · Steamboat, CO · Member since 2010 · 295 posts · 34 votes
I've read at BP that comparable reports and property reports are available from RealQuest at $3-$4 each, and can be ordered on an as-needed basis. When I called to inquire, I was told that was not available, and that the Professional version was $125 per month for a county version, and $150 per month for a state version, each with a year's commitement to the service.
How can I obtain what I believed to be available? I suspect I'm being upsold a service that's too costly for me at this point in my investing career. I had gone thorugh the RQ posts here and the service has received quite positive comments.
Real Estate Investor · Steamboat, CO · Member since 2010 · 295 posts · 34 votes
16y
I declined the year-long agreement and have since been offered the pay-as-you plan at $5 per comparable report. I saw later the thread stating it costs $3-4 per report was dated 1997. I also sent a link to that thread to the account rep.
Orlando, FL · Member since 2009 · 2k+ posts · 282 votes
16y
Originally posted by Burt L.:
When I called to inquire, I was told that was not available, and that the Professional version was $125 per month for a county version, and $150 per month for a state version, each with a year's commitement to the service.
Their terms are ridiculous. Better to just guess at property values than to agree to their contract.
Real Estate Consultant · Irvine, CA · Member since 2009 · 102 posts · 24 votes
15y
I've been doing research on this company recently in order to automate pre-qualifying my homeowner leads. They have examples of all their reports on their website, I've included a few here:
Hope that helps, they supposedly use multiple valuation techniques and include confidence levels for each comp. Still checking them out, will let everyone know how it goes.
Developer · Santa Clarita, CA · Member since 2008 · 15k+ posts · 10k+ votes
15y
Originally posted by wheelhouse:
I want to see what these reports look like, because I think you can get the same thing from title companies for free.
This is true. You can form a relationship with a title company and get property profile reports and even full blown reports, including previous permits for free so long as you give them your business.
Orlando, FL · Member since 2009 · 2k+ posts · 282 votes
15y
Originally posted by Will Barnard:
Originally posted by wheelhouse:
I want to see what these reports look like, because I think you can get the same thing from title companies for free.
This is true. You can form a relationship with a title company and get property profile reports and even full blown reports, including previous permits for free so long as you give them your business.
I tried doing that and the title co. wouldn't do it for me.
I end up bought a block of property reports from Sitex-Data. It wasn't cheap but they threw in a few extra free ones for me.
As a beginner, it's been very useful for me in making offers, but I wonder how much the REOs are skewing these automated comps. Sometimes I have go to the property appraiser's site to see whether the comps were bank-owned or not. And occasionally some of the most recent solds will be from 2008 or 2009 which is not that helpful in this environment.
The RealQuest Express "free" version seems to be totally unreliable. They still had my own house listed with the sale price the previous owner paid for it. The Property Shark free version seems to provide more useful info.