Getting comps

Propertyshark is the best way. They get the data straight from the City records as soon as a deed is recorded. Zillow etc gets there data from brokers; they then kind of check with public records but the info is slow & often not correct.
Most appraisers get their information from MLS systems, as anyone dealing in NYC , MLS does not work in NYC & again it is info put in by Brokers.

resident2

in General Discussion 6 years and 6 months ago

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slopefarm | 6 years and 6 months ago

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We have an appraiser coming (HELOC application) and I always like to give an appraiser a few, well-chosen comps. What is the easiest way to generate and sift through a list of recent sales in my area? I used to be able to do this with Zillow, but that site seems to change and get fussier and more difficult to use with each new day.

slopefarm | 6 years and 6 months ago

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OK, Zillow seems to just run slowly these days. I managed to coax a small smattering of “recent” (1 year?) sales but it hardly looks like a thorough, representative list and the comps are not particularly comparable. I just want a handful of recent sales within about a 10-block radius. this used to be much easier.

greenworks | 6 years and 6 months ago

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When we refi’d a couple of years ago, our realtor neighbor friend cherry picked some nice comps off PropertyShark that I wasn’t able to find elsewhere. At the time I THINK they required a paid membership to access. Not sure what they require now but may be worth looking in to.

slopefarm | 6 years and 6 months ago

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Thanks. Looks like I need to subscribe, though I think it will give me a free subscription with one comps report. I might try it if there are no other suggestions.