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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: More comps and confustion... Posted by Jorge on May 03, 2003 at 9:51 AM In Reply to: More comps and confustion... posted by 2nd Fred on May 02, 2003 at 10:53 PM Hi Fred: We don't use any of the comps mentioned but dataquick is similar to the one we do. We use 6 months back, in houses no ore than 0.5 mile. we place special relevance to identical comps ( same sq ft, year built, etc.). With that number we have an "idea" of prices in the area. I also ck the competition We follow the property to the sale, The day before I take a look to the mls and ck what is active nearby.The day of the sale I drive by, take a look at the property, drive by a couple of comps and the ones for sale, then you really know the price you can get for it. And much curb appeal to need to do to get it. House are like any other thing, if you have the nicest house in the area, people will pay your price. I have never figured appreciation, specially now. Regarding your previous posting: Your figures are rigth, perhaps you need to sharpen your pencil in the repairs. We also figure only 3% comm. Don't feel overbid, is the way is happening now. It just makes no sense of the prices people are paying. Of our 5 deals this year only one was purchase at the sale. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Hi Fred: : We don't use any of the comps mentioned but dataquick is similar : to the one we do. : We use 6 months back, in houses no ore than 0.5 mile. : we place special relevance to identical comps ( same sq ft, : year built, etc.). With that number we have an "idea" of prices : in the area. I also ck the competition : We follow the property to the sale, The day before I take a look : to the mls and ck what is active nearby.The day of the sale : I drive by, take a look at the property, drive by a couple : of comps and the ones for sale, then you really know the price : you can get for it. And much curb appeal to need to do to get it. : House are like any other thing, if you have the nicest house : in the area, people will pay your price. : I have never figured appreciation, specially now. : : Regarding your previous posting: : Your figures are rigth, perhaps you need to sharpen your pencil : in the repairs. We also figure only 3% comm. : Don't feel overbid, is the way is happening now. It just makes : no sense of the prices people are paying. : Of our 5 deals this year only one was purchase at the sale. : Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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