Posted by Murman on December 26, 2004 at 07:57:03:
You are most welcome.
NJ Investors - Posted by N Marie
Posted by N Marie on December 21, 2004 at 11:09:17:
How do you determine the value of a home without the use of a real estate salesperson? Do you guys visit the municipal buildings for info on residential properties?
Re: NJ Investors - Posted by IB (NJ)
Posted by IB (NJ) on December 21, 2004 at 13:46:44:
Well my Sister’s a Realtor so I get her to run comps.
But if I didn’t have her as a resource I would work out an agreement where I throw an agent referrals (homeowners who want retail for their property) in exchange for comps anytime I need them. I would also think about going for my license as well.
But you can also check your local paper on a weekly basis (Sunday Star Ledger) and track houses by looking them up in your county’s court house. This should give you an idea of which way the market is headed.
Re: NJ Investors - Posted by Murman
Posted by Murman on December 22, 2004 at 08:18:20:
I use my property appraiser’s website. In my County, it will list similar sales so you can make a spreadsheet and figure out your own comps. Your numbers will be very close to a realtors.
Re: NJ Investors - Posted by IB (NJ)
Posted by IB (NJ) on December 23, 2004 at 23:38:50:
Are you a NJ Investor? If so, what site do you use for those sales? Thx.
Re: NJ Investors - Posted by Murman
Posted by Murman on December 26, 2004 at 07:55:29:
No, much further south…Tampa, Florida
Re: NJ Investors - Posted by N Marie
Posted by N Marie on December 25, 2004 at 20:41:15:
Thnaks for the helpful information.