Comps: Free vs. the MLS

Comps: Free vs. the MLS

Rental Property Investor · Bethlehem, PA · Member since 2016 · 4 posts · 0 votes

I've been using Redfin and county tax records whenever I look for the ARV (and comps) of a property.

What exactly am I missing by not having MLS access?

I thought about going after a real estate sales license, but I'm trying to figure out if it's worth the time and money if all I'm looking to do now is invest.

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Kerry Noble JrPro Member
Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
7y

I use Icomps and then i verify the recently sold properties on the assessor's site to verify everything.......so far everything has matched up......

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  • Kerry Noble JrPro Member
    Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
    7y

    I use Icomps and then i verify the recently sold properties on the assessor's site to verify everything.......so far everything has matched up......

  • Lender · Arlington, TX · Member since 2018 · 465 posts · 184 votes
    7y

    From my understanding by not using MLS your information is not most up to date. You also potentially miss accurate days on market.

  • Real Estate Agent · Cupertino, CA · Member since 2016 · 4k+ posts · 1k+ votes
    7y

    Any added sf with permits are not there.


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