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Old 01-28-2009, 10:35 AM
 
410 posts, read 923,218 times
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When realtors use Comps, are they using info for similar houses on same street? or same subdivision? Zip code? Can't the general public access same info for a fee or better yet, for free?
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Old 01-28-2009, 04:08 PM
 
4,145 posts, read 10,423,879 times
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Depends on the community and type of home. Has to be within the last six months. For production homes, typically same community. Customs get a lot more detailed and we sometimes have to go to neighboring similar communities. It's the SOLD prices. Not list prices. Public generally doesn't have access to that.

The thing about comps is that we take all the similar homes, then start making adjustments for pools, granite, green belts, etc, etc, etc., because no homes are the same. Each upgrade/downgrade has a cost associated with it and the costs vary by type and area of home.

Why not just get a buyer's agent to help you? Doesn't cost you anything.
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