Re: COMPS - MLS - Posted by Carmen
Posted by Carmen on April 16, 1999 at 09:43:29:
Although there are some counties that “post” their MLS information, usually they are catering to the retail buyer, and they only list the available properties.
To do a “real” comp, you need to look at what has sold in the area in the last 6 months. I have not looked too deeply, but I don’t think this info is posted (no reason to).
You can check out www.realtor.com, at least you’ll get an idea of the asking prices - and, with a little bit of research through the tax rolls, you can probably determine with pretty good results how much under asking price (percentage-wise) the homes in your area sell for - but use it just a rule of thumb, not an actual comp.