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re: Comparable sales

Posted on 6/10/09 at 1:57 pm to
Posted by FriscoKid
Red Stick
Member since Jan 2005
5123 posts
Posted on 6/10/09 at 1:57 pm to
what area? why not work with an agent, it cost you nothing and their job is to get you comps.
Posted by JFremani
Mid-city Baton Rouge
Member since Apr 2009
1911 posts
Posted on 6/10/09 at 2:02 pm to
That zillow site was about $100k off the estimate of my house. Not sure how fruitful that would be, although it claims to know the price at which my neighbors house was bought for. (I am not sure if it is correct, but it seemed high)

FYI: The zestimates seem to be based on how much taxes were paid, and thus loosely based on the assessments. The guy down the street with a much larger house is paying less property taxes (according to zillow) than I, and thus the website thinks my house is worth more.
This post was edited on 6/10/09 at 2:06 pm
Posted by hen
past the point of no return
Member since Sep 2007
1751 posts
Posted on 6/10/09 at 2:18 pm to
quote:

what area?


Northshore. I have a comp report from two months ago, but it is missing a few more recent sales. I might just try to look those up individually.

quote:

why not work with an agent


Not really interested in paying someone 3% to find a house in an area that I know better than most agents. I also have some friends who are agents and willing to offer some free advice. However, I might consider using an agent if I look into any complicated transactions.

quote:

it cost you nothing


I am hoping to parlay the lack of a buyer's agent fee into a lower purchase price. And in that sense, an agent does cost something.
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