Updated over 8 years ago on . Most recent reply
Running Comps in the NOLA area
Hello. Does anyone have software that runs comps in NOLA? The software I have runs comps but for some reason in NOLA, I can't search by bedrooms or sq. footages (which is a big problem). If no one knows of any software, could someone recommend a real estate agent? Thanks
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New Orleans neighborhoods change drastically from block to block. They always have. And now we have many neighborhoods that are in transition and changing rapidly. The boundaries of good and bad are moving and if you don't know where they are you will get yourself into some real trouble. Investing in New Orleans is a challenge even for us with experience. Comps jump all over the place. You cannot look at a radius or zip code when looking at comps. You must draw your own boundaries on the map to be sure you are looking in the same neighborhood. You must know where those boundary lines are.
I'm a local realtor and investor, but I dont run comps for other investors. No offense, but there is a conflict of interest there for me. I am sure you could find a realtor that would do it for you, but you would have to make it worth their while somehow. I have several friends and associates that are realtors that I might be able to refer you to, but they will want to know how would you make it worth their while...?