All Forum Posts by: Lori Greene

Created by 2 Sisters in the Real Estate Business

Having been real estate investors, mentors and speakers all over the US, and having worked with hundreds of investors and real estate agents, we were always hearing the same questions over and over from both sides.

Investors were always asking, "Where can I order comps online?" We always had to tell them that there was nowhere for them to order actual MLS comps online from a local agent.

Real estate agents were always asking, "How can I find local home buyers and sellers who are serious?" And our answer to them was that it takes time, hard work and LOTS of marketing to find customers who may or may not be serious about buying or selling a property.

Then it occurred to us . . .

Why don't we create a complimentary business model that would benefit everyone? And that's how Real Estate Comps Today was born. We now have a National Network of Real Estate Agents that covers every market in the U.S.

We provide a service where home buyers, sellers and investors order their comps online for a nominal fee starting at $4.95 by filling out a short order form.

One of our agents in the area of the property then runs the comps report and sends it directly to the customer usually within 1 business day and offering further assistance if needed.

This simple service works well for the customers because it is so convenient. They don't have to worry about calling around to find an agent.

And it works well for agents because they are able to easily build relationships with new customers who are serious enough to pay for comps. Agents never have to pay a referral fee. It's completely free to sign-up!

High Demand

This long needed service is so popular that we are growing fast! We need more agents. If you are an agent interested in building better customer relationships, contact Jan Kerr at [email protected] or (435) 723-2086.

If you are in need of comps, look no more. Visit us at RealEstateCompsToday.com

@Russell Holmes Hi Russell, Thanks for your feedback. Yes, I do feel it's important to give people value before sales.

We are always looking for great Realtors to add to our nationwide team. We've created a complimentary business model that benefits everyone involved. So it's a win-win-win for everyone. Therefore, commissions don't come into play here.

We will message you directly to discuss your interest in joining our team.

This is the story of a real estate investor I once worked with.

When I met Trevor, he told me all about how his first real estate investment had become his worst nightmare. As a new investor, he had decided to go to one of those big real estate investing seminars. At the seminar he learned how to find motivated sellers, how to get instant house values online, how to analyze those deals for an ARV (After Repair Value) and how to make offers based on those figures.

He thought is was all very interesting and it turned out he was pretty good at it. It didn't take long before he found the perfect real estate deal. The sellers were super motivated because they could no longer make their house payment and they wanted to avoid a foreclosure to protect their credit. So they were only asking $142,000, which was amazing because the ARV was only $265,000.

Trevor was so excited about his real estate investing success actually becoming a reality.

Once the deal closed, he immediately got to work on fixing the place up. He was careful to hire only the highest rated contractors with the most experience. Everything about the rehab seemed to go smoothly. It was completed after about 4 months and it only cost him about $40,000. He figured he would cash in with a $70,000 profit after holding costs.

He then contacted a great Realtor who was a trusted family friend to list it for him. The Realtor got to work evaluating the comps to find the perfect asking price that would help the property sell fast.

This is when all the trouble began. Unfortunately, the Realtor was having a very hard time trying to find any comps to support Trevor's estimated ARV. After much research she had no choice but to call him and break the bad news.

Her detailed comps analysis had revealed that this property was valued at only $175,000. Trevor was in disbelief. How could he be so far off with his calculations? But after a lengthy discussion with her, it became clear where he went wrong.

She went over her comps analysis with him in detail, helping him to understand just how important accurate comps are, how important an agent's knowledge of the neighborhood market is and why instant home value websites can be an absolute disaster for figuring an ARV.

What happened to my friend after finding the true ARV of his dream investment?

He lost his shirt on that deal. He did end up selling the house a few months after dropping the price again and again. In the end it sold for about $179,000. That’s $86,000 less than he had planned on. Not only did he make zero profit, but he had to borrow money to pay back the hard money lender.

Here’s an approximate numbers crunch on how the deal worked out:

$179,000 Final Sale Price

- 142,000 Purchase Price

- 40,000 Repairs

- 1500 Utilities, maintenance, etc.

- 500 Property Taxes & Insurance

- 10,500 Real Estate Agent Fees and Closing Costs

- 14,000 Hard Money Interest

= $29,500 Loss

The most important lesson to take away from this story is the absolute importance of enlisting the help of a knowledgeable real estate agent experienced in the local market you are investing in. An agent's help can be invaluable for investors. It's the only real way to get an accurate ARV and therefore, the only way to be confident that your deal will turn out how you expect it to.

Curious after hearing my friend's story, 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 had recently refinanced my home so I used that appraisal and a CMA (Comparative Market Analysis) from my realtor to compare the website values to.

Here are the results . . .

$514,651 CMA Before Appraisal

$500,000 Actual Value Confirmed by Appraisal

Automated Home Value Estimation Sites:

• $606,483 Zillow Zestimate - Only 82% Accurate - $106,483 Potential Loss
• $682,000 Chase Home Value Estimator - Only 73% Accurate - $182,000 Potential Loss
• $588,078 ForSaleByOwner Pricing Scout - Only 85% Accurate - $88,078 Potential Loss
• $622,000 Eppraisal.com - Only 80% Accurate - $122,000 Potential Loss
• $606,259 Trulia Estimate - Only 82% Accurate - $106,259 Potential Loss
• $700,000 Realtor.com - Only 71% Accurate - $200,000 Potential Loss
• $718,000 Remax Home Estimate - Only 70% Accurate - $218,000 Potential Loss

As you can see, there is a huge difference between the instant estimated values for my house. But the CMA, done from a human being, a knowledgeable agent in my area, came the closest to the actual value.

So, there's really just one question:

How important is your real estate investing career to you? Are you willing to gamble on the potential loss of thousands of dollars just to get an instant value?

I know it can sometimes take a while to get comps from an agent. But now there is a faster way. If you can't get good comps from your agent right away, you can now simply order them online from 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 even 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 most accurate way is also the easiest way!

To learn more about how home value websites compare to Realtor comps, read this informative article.

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.

So you've found some potential deals and you're trying to decide which ones will make the best investments. This is where comps come in. Once you know the accurate value of the property, you can then run your numbers to determine your maximum offer.

So first, let's go over how to analyze your comps in order to determine an accurate value for the property. This step is CRITICAL to the success of your deals and thus your career.

Obviously, the very first thing you need to do is to get the comps. If you don't have a great real estate agent you can get them from immediately, you can now order them online at RealEstateCompsToday.com. It only takes 2 minutes to fill out the form and costs 5 bucks.

Once you submit your order, it will be immediately sent to an agent who is an expert in the neighborhood market of your subject property. The agent will pull your detailed comps and email them to you within about 1 business day.

Real Estate Comps Today has agents in every market in the U.S. even in rural areas. They'll also run comps on undeveloped land lots and commercial properties

Whatever you do, DO NOT USE an estimated value from an instant home value website. They are far too inaccurate. Imagine what could happen if your profit margin was $50k but the value you based your offer on was $100k higher than the actual value. That could ruin you.

Here's an example of how far off these instant value sites can be: Home Value Websites vs Realtor Comps

How you analyze your comps depends on what kind of comps you order. If you order a CMA (Comparative Market Analysis), the agent will do the value analysis for you. That's the easiest, fastest and most accurate way to go.

But, if you're a control freak and want to spend the time to do your own analysis, below are the most important things to consider:

Recent Sales: Use the most recent homes sold. Sales within 3 months is best. You can go back as far as 6 to 12 months if necessary when their aren’t many comps. Just keep in mind that, the farther back you go, the less accurate the sold prices will be because of appreciation and market fluctuations.

Location: Use comparables that are within a mile of your house if possible. A half mile is even better. It’s also important that the neighborhood is similar to yours. For example, if your home is of average quality, you wouldn’t want to use comps from an upscale area even if they are within a half mile. Also, if you live in a rural area where their aren’t many comps, you can go outside a mile.

Size: Use comps within 200 to 400 square feet of your house if possible. For larger homes, try to stay within about 10% of square footage.

Age: Use comps that have no more than a 10 year difference in the year built. But, of course, the closer the comps are in age to your house, the better.

Condition: Comparing house condition and construction quality is something that is often overlooked by homeowners and automated house value websites. Real Estate Agents will usually take these differences into consideration when determining your house value. But it's always a good idea to double check all comps to make sure they compare in condition and quality. An easy way to compare condition and quality is to look at the photos attached to the comps and to read the details in each comparable's MLS report.

# of Rooms: Use comps with a similar number of bathrooms, bedrooms and other types of rooms as well as garage spaces.

Lot Size: Also remember to look at the lot sizes of your comps. For instance, if a comparable property has a lot size 3 times the size of yours, it will usually have a higher value. In that case, you may not want to use that property as a comp unless you are short on comps. Your agent may be able to help you make a value adjustment for the difference in lot size.

House Style: If you have enough comps to choose ones with a similar house style to yours (i.e.: Ranch Style, Two Story, Multi-Level, Split Entry, etc.), then it’s a good idea to do so. If not, sometimes you will need to use a comps with a different house style. Your agent can help you decide the difference in value, if any, based on house styles that sell best in your area.

Other Features: Your agent can also help you determine value differences for various house features like a swimming pool, fireplace, granite countertops, wood floors, central air, decks, solar and landscaping among many others.

Choose comps that meet the above criteria and make value adjustments for their differences. That's what is so great about a CMA vs analyzing your own comps, the CMA comes with those value differences already adjusted for you.

A CMA is similar to an appraisal except that the appraiser actually visits the property and also makes adjustments for condition, construction quality, location, view, etc. BPO's(Broker Price Opinion) can be fairly accurate but are costly. A CMA is the closest thing you'll get to an appraisal or a BPO without the cost.

Once you have an accurate value for your property, you can now run your numbers. Then you can choose the best deals based on their potential for profit, the motivation of the seller, how much equity (bargaining room) they have, etc. Here's an example of a numbers crunch formula:

$150,000 After Repair Value (this example 1,245 sq ft)

- 18,675 Repairs (sq ft x $15) (use $20 or $25 sq ft if the house is more than 30 years old or is a major rehab or is very high end)

- 747 Holding Costs while waiting to resell (sq ft x 15% x 4 mo's)

- 500 Property Taxes & Insurance (4 mo's worth)

- 15,000 Real Estate Agent Fees and Closing Costs to resell (ARV x 10%)

- 5250 Financing Costs (4 mo's interest)

- 1,500 Vacant Insurance (ARV x 1%)

- 30,000 (profit you want to make, ARV x 20%)

= 78,328 Your Maximum Offer

If you want to learn more about strategies like these, follow me to stay updated on upcoming posts like:

- Various Ways to Wholesale.

- How to Build a Power Team Fast.

- Maximum Offer Formulas.

- Evaluating Comps and Markets.

- How to Protect Your Earnest Money.

- How to Get Proof of Funds, even for REO's when using hard money.

- How to Use Seller's Questions to Determine Exit Strategy.

- Best Ways to Find Leads, MLS vs FSBO.

- How to Sell Your Deals Quick!

- Deep Due Diligence.

- Making Offers - Contracts - REPC, FSBO.

- Multiple Choice Offers.

- Seller Finance Rentals.

- Creative Financing.

- Remodeling Cost vs ROI, get the most value return for your money.

- How to Do Short Sales.

- All About Tax Liens Investing.

- Rentals, Commercial, Cash Flow Properties.

- Land Development

Need Comps Today? Finally, there is a website where you can order actual MLS Comps Online directly from a Local Realtor.

We are an Online MLS Comps Service with our own National Network of Real Estate Agents in every market in the U.S.

Just fill out the 2 minute order form and, for the price of a latte, your order is immediately sent to an agent who lives in and knows the local market of your property. The agent will pull your comps and email them to you right away.

Created by Investors, for Investors. You can even get comps for rural areas, land and commercial properties. And monthly discount memberships are available for frequent users. NO MORE COLD CALLING AGENTS!

Your investing career is far too important to use automated value estimation websites like Zillow for an investment property value. Those kinds of sites are only 70 - 80% accurate because their public data isn't up to date and doesn't have the local knowledge of an experienced agent. They can be off by many thousands of dollars and that kind of mistake could ruin you.

Unrivaled Support. We personally inspect every comps order to ensure that you are receiving only the very best comps that meet our high standards. We know the kind of detailed property information and analysis that investors need for an accurate property value. We also offer one-on-one consultation for a comprehensive value analysis.

No membership required, no hype, just simple, fast service. Finding an accurate property value just got easy for investors. 

This is the story of a real estate investor I once worked with.

When I met Trevor, he told me all about how his first real estate investment became his worst nightmare. As a young newbie investor, he had decided to go to one of those big real estate investing seminars. At the seminar he learned how to find motivated sellers, how to get instant house values online, how to analyze those deals for an ARV (After Repair Value) and how to make offers based on those figures.

It turned out he was pretty good at it. It didn't take long before he found the perfect real estate deal. The sellers were super motivated because they couldn't make their house payment anymore. They wanted to avoid a foreclosure to protect their credit. So they were only asking $142,000 and the ARV was only $265,000.

Trevor was so excited about his real estate investing success actually becoming a reality.

Once the deal closed, he immediately got to work on fixing the place up. He was careful to hire only the highest rated contractors. The rehab went like a dream. It was completed within about 4 months and it only cost him $40,000. He figured he was about to cash in with a $70,000 profit after holding costs.

He then contacted a great Realtor who was a trusted family member to list it for him. The Realtor got to work evaluating the comps to find the perfect asking price that would help the property sell fast.

This is when all the trouble began. Unfortunately, the Realtor was having a very hard time trying to find any comps to support Trevor's estimated ARV. She called him to break the bad news.

Her detailed comps analysis had revealed that this property was valued at only $175,000. Trevor was in disbelief. How could he be so far off with his calculations? But after a lengthy discussion with her, it became clear where he went wrong.

She went over her comps analysis in detail, helping him to understand just how important accurate comps are, how important an agent's knowledge of the neigborhood market is and how instant home value websites can be an absolute disaster for figuring an ARV.

What happened to my friend after finding the true ARV of his dream investment?

He lost his shirt on that deal. He did end up selling the house a few months after dropping the price again and again. In the end it sold for $179,000. That’s $86,000 less than he had planned on. Not only did he make zero profit, but he had to borrow money to pay back the hard money lender.

Here’s an approximate numbers crunch on how the deal worked out:

$179,000 Final Sale Price

- 142,000 Purchase Price

- 40,000 Repairs

- 1500 Utilities, maintenance, etc.

- 500 Property Taxes & Insurance

- 10,500 Real Estate Agent Fees and Closing Costs

- 14,000 Hard Money Interest

= $29,500 Loss

The most important lesson to take away from this story is the absolute importance of enlisting the help of a knowledgeable real estate agent experienced in the local market you are investing in. An agent's help can be invaluable for investors. It's the only real way to get an accurate ARV and therefore, the only way to be confident that your deal will turn out how you expect it to.

Curious after hearing my friend's story, 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 had recently refinanced my home so I used that appraisal and a CMA (Comparative Market Analysis) from my realtor to compare the website values to.

Here are the results . . .

$514,651 CMA Before Appraisal

$500,000 Actual Value Confirmed by Appraisal

Automated Home Value Estimation Sites:

• $606,483  Zillow Zestimate  -  Only 82% Accurate  -  $106,483 Potential Loss
• $682,000  Chase Home Value Estimator  - Only 73% Accurate  -  $182,000 Potential Loss
• $588,078  ForSaleByOwner Pricing Scout  -  Only 85% Accurate  -  $88,078 Potential Loss
• $622,000  Eppraisal.com  -  Only 80% Accurate  -  $122,000 Potential Loss
• $606,259  Trulia Estimate  -  Only 82% Accurate  -  $106,259 Potential Loss
• $700,000  Realtor.com  -  Only 71% Accurate  -  $200,000 Potential Loss
• $718,000  Remax Home Estimate  -  Only 70% Accurate  -  $218,000 Potential Loss

As you can see, there is a huge difference between the instant estimated values for my house. But the CMA, done from a human being, a knowledgeable agent in my area, came the closest to the actual value.

So, there's really just one question:

How important is your real estate investing career to you? Are you willing to gamble on the potential loss of thousands of dollars just to get an instant value?

I know it can sometimes take a while to get comps from an agent. But now there is a faster way. If you can't get good comps from your agent right away, you can now simply order them online from 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 even 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 most accurate way is also the easiest way!

To learn more about how home value websites compare to Real MLS comps, read this informative article.

My pleasure. Don't hesitate to ask if you have questions. And please feel free to share this post so others might benefit from it too.

So you've found some potential deals and you're trying to decide which ones will make the best investments. This is where comps come in. Once you know the accurate value of the property, you can then run your numbers to determine your maximum offer.

So first, let's go over how to analyze your comps in order to determine an accurate value for the property. This step is CRITICAL to the success of your deals and thus your career.

Obviously, the very first thing you need to do is to get the comps. If you don't have a great real estate agent you can get them from immediately, you can now order them online at RealEstateCompsToday.com. It only takes 2 minutes to fill out the form and costs 5 bucks.

Once you submit your order, it will be immediately sent to an agent who is an expert in the neighborhood market of your subject property. The agent will pull your detailed comps and email them to you within about 1 business day.

Real Estate Comps Today has agents in every market in the U.S. even in rural areas. They'll also run comps on undeveloped land lots and commercial properties

Whatever you do, DO NOT USE an estimated value from an instant home value website. They are far too inaccurate. Imagine what could happen if your profit margin was $50k but the value you based your offer on was $100k higher than the actual value. That could ruin you.

Here's an example of how far off these instant value sites can be: Home Value Websites vs Realtor Comps

How you analyze your comps depends on what kind of comps you order. If you order a CMA (Comparative Market Analysis), the agent will do the value analysis for you. That's the easiest, fastest and most accurate way to go.

But, if you're a control freak and want to spend the time to do your own analysis, below are the most important things to consider:

Recent Sales: Use the most recent homes sold. Sales within 3 months is best. You can go back as far as 6 to 12 months if necessary when their aren’t many comps. Just keep in mind that, the farther back you go, the less accurate the sold prices will be because of appreciation and market fluctuations.

Location: Use comparables that are within a mile of your house if possible. A half mile is even better. It’s also important that the neighborhood is similar to yours. For example, if your home is of average quality, you wouldn’t want to use comps from an upscale area even if they are within a half mile. Also, if you live in a rural area where their aren’t many comps, you can go outside a mile.

Size: Use comps within 200 to 400 square feet of your house if possible. For larger homes, try to stay within about 10% of square footage.

Age: Use comps that have no more than a 10 year difference in the year built. But, of course, the closer the comps are in age to your house, the better.

Condition: Comparing house condition and construction quality is something that is often overlooked by homeowners and automated house value websites. Real Estate Agents will usually take these differences into consideration when determining your house value. But it's always a good idea to double check all comps to make sure they compare in condition and quality. An easy way to compare condition and quality is to look at the photos attached to the comps and to read the details in each comparable's MLS report.

# of Rooms: Use comps with a similar number of bathrooms, bedrooms and other types of rooms as well as garage spaces.

Lot Size: Also remember to look at the lot sizes of your comps. For instance, if a comparable property has a lot size 3 times the size of yours, it will usually have a higher value. In that case, you may not want to use that property as a comp unless you are short on comps. Your agent may be able to help you make a value adjustment for the difference in lot size.

House Style: If you have enough comps to choose ones with a similar house style to yours (i.e.: Ranch Style, Two Story, Multi-Level, Split Entry, etc.), then it’s a good idea to do so. If not, sometimes you will need to use a comps with a different house style. Your agent can help you decide the difference in value, if any, based on house styles that sell best in your area.

Other Features: Your agent can also help you determine value differences for various house features like a swimming pool, fireplace, granite countertops, wood floors, central air, decks, solar and landscaping among many others.

Choose comps that meet the above criteria and make value adjustments for their differences. That's what is so great about a CMA vs analyzing your own comps, the CMA comes with those value differences already adjusted for you.

A CMA is similar to an appraisal except that the appraiser actually visits the property and also makes adjustments for condition, construction quality, location, view, etc. BPO's(Broker Price Opinion) can be fairly accurate but are costly. A CMA is the closest thing you'll get to an appraisal or a BPO without the cost.

Once you have an accurate value for your property, you can now run your numbers. Then you can choose the best deals based on their potential for profit, the motivation of the seller, how much equity (bargaining room) they have, etc. Here's an example of a numbers crunch formula:

$150,000 After Repair Value (this example 1,245 sq ft)

- 18,675 Repairs (sq ft x $15) (use $20 or $25 sq ft if the house is more than 30 years old or is a major rehab or is very high end)

- 747 Holding Costs while waiting to resell (sq ft x 15% x 4 mo's)

- 500 Property Taxes & Insurance (4 mo's worth)

- 15,000 Real Estate Agent Fees and Closing Costs to resell (ARV x 10%)

- 5250 Financing Costs (4 mo's interest)

- 1,500 Vacant Insurance (ARV x 1%)

- 30,000 (profit you want to make, ARV x 20%)

= 78,328 Your Maximum Offer

If you want to learn more about strategies like these, follow me to stay updated on upcoming posts like:

- Various Ways to Wholesale.

- How to Build a Power Team Fast.

- Maximum Offer Formulas.

- Evaluating Comps and Markets.

- How to Protect Your Earnest Money.

- How to Get Proof of Funds, even for REO's when using hard money.

- How to Use Seller's Questions to Determine Exit Strategy.

- Best Ways to Find Leads, MLS vs FSBO.

- How to Sell Your Deals Quick!

- Deep Due Diligence.

- Making Offers - Contracts - REPC, FSBO.

- Multiple Choice Offers.

- Seller Finance Rentals.

- Creative Financing.

- Remodeling Cost vs ROI, get the most value return for your money.

- How to Do Short Sales.

- All About Tax Liens Investing.

- Rentals, Commercial, Cash Flow Properties.

- Land Development.

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 CMA from my realtor to compare the website values to. Here are the results . . .

$514,651 CMA Before Appraisal

$500,000      Actual Value Confirmed by Appraisal

Automated Home Value Estimation Sites

$606,483      Zillow Zestimate   -   82% Accurate   -   $106,483 Potential Loss

$682,000      Chase Home Value Estimator   -   73% Accurate   -   $182,000 Potential Loss

$588,078      ForSaleByOwner Pricing Scout   -   85% Accurate   -    $88,078 Potential Loss

$622,000      Eppraisal.com    -   80% Accurate    -   $122,000 Potential Loss

$606,259      Trulia Estimate    -   82% Accurate    -  $106,259 Potential Loss

$700,000      Realtor.com    -   71% Accurate    -   $200,000 Potential Loss

$718,000      Remax Home Estimate    -   70% Accurate    -   $218,000 Potential Loss

As you can see, there is a huge difference between the instant estimated values for my house but the CMA, done from a human being, a knowledgeable agent in my area, came the closest.

So, there's really just one question: How important is your real estate investing career to you? Are you willing to gamble on the potential loss of thousands of dollars just to get an instant value?

I know it can sometimes take a while to get comps from an agent. But now there is a faster way. If you can't get good comps from your agent right away, you can now simply order them online from 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.