Posted by Patrick on June 17, 2001 at 19:27:37:
What I really meant to say is that there is no way I can easily do comps manually like that. I would have to look at ALL sales in the entire town for the past 6 months to hope to find a few decent comps. To give you an example, I just bought a house here about 2 months ago and the appraiser had a hard time doing comps on this place. So it just seems like using the MLS system would be a lot quicker and easier than manually looking up every or almost every sale in the area over the past 6 months … with the MLS system you just type in the property address and click a few buttons. I can’t even use my house as a starting point because the properties I’m looking at are not in the same ballpark. So far what I’ve been trying to do is learn the area by seeing what’s for sale, driving by to see what they look like at that price, etc. What am I misssing here? Thanks!