Learning selling prices or doing comps - Posted by Jerry (Hutch) Hutchens
Posted by Jerry (Hutch) Hutchens on January 28, 2001 at 20:46:32:
I know that you make money when you buy a property - not when you sell it. Any advice on the fastest way to get a handle on your local market as far as what the actual selling prices are?
I know that CS says to get in good with a local RE agent and gain access to the MLS, but what about in the meantime? I am in the process of doing a re-fi on my house to pull $10,000 out of my equity so I have some operating capital to work with and as soon as I get it I am going to start knocking down doors finding no money down deals.
Is there a website that you know of that has localized comps on housing? Or are RE agents freeer with thier info than I think they will be?
I understand the best way is to learn your market and find out all info on sells that are happening but what about until the point where I feel comfortable about what the market value is?
Any help would be appreciated.
Hutch in Oklahoma City