Hello. I'm really happy and excited to write my first post here. So, I ...
Peace.
I'm really happy and excited to write my first post here.
So, I'm going to close my first clip and it looks really good. The numbers are doing pretty well and I have a highly motivated local team.
Now, from conversations with other investors, I understood that before the end of the license period it is worthwhile and it is recommended to pick up the phone for all kinds of rellators that recently closed deals in the vicinity of the property to buy.
They, I was told, can give information that MLS does not have about the house, as only someone who walks around can physically give me. Maybe its value is not really as I thought, maybe there are problems that only they know about them and all kinds of ideas.
So I, as a good kid, do what I am told and start calling all kinds of agents who have recently made deals at the property (according to realtors.com), but what… Whoever cooperates and is willing to help me at all is checking in MLS and not giving me new information and who is not ready To help me wonder why my relator is not getting the information I need.
I personally think that this stage is a bit unnecessary, but if the sages of me recommended that I do it ...
Here I turn to the distinguished forum and direct the question to you.
Is there such a need at all to do a "market survey" after I have a good comps and after a contractor's inspection and after an appraiser's assessment? Could there really be such hidden information? And if so, how to get it, because in my way I'm a little stuck.
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Everything around may be excellent and it may not be.. there may be environmental hazards such as for example a neighbor with 10 dogs in the yard that make terrible noise.. problematic neighbors.. sanitary hazards nearby.. etc.. it is worth sending a neutral person to check...
Great.
Memphis Tennessee
Just advice, when writing such a post is invested, you should also specify the area you work in even if you think there is no connection. It will help us to relate to things.
There are details related to the property that only those who work in the vicinity know. Let us take an extreme example, suppose that in a house next to a drug store, it is clear to you that the comps are irrelevant in this case and the value of the specific incite will be low because no one will want to live there. How do you get to the middlemen who worked there? Realtor.com will show you photos of realtors sold in the actual environment. Look for a repeatable face, it's a broker who has done a lot of deals there. Call him and explain why you're calling. They usually understand logic. Successfully.
It is best to work with an experienced broker, who can give an objective opinion about the property and how attractive it is to the potential audience in this area.
If you are still undecided on the price, you can always upload to a site like Zillow coming soon and get a feel for the area. If you are too low, there may be many requests for the beginning, then you can update the price or do the highest and best -
bid war.
And if you are too high, you will immediately feel that the market is cool and there is almost no movement, and then you will lower the price.
As long as you do the download relatively quickly it will not harm the reputation of the property (because it is important that the asset did not sit long in the market).
I live in the US and am a real estate agent and that is your broker's job to do. Prepare a table with properties that have been sold, how many offers have been received, how many agents have arrived.
This is called pure Hebrew
Verify, validate, verify
It does not cost money so why not do it. Realtors can manipulate the Combs.
Ask your broker and others for non-filtered kompas. So a year back and different sizes of assets. You'll get to your numbers very quickly.
At the same time as we mentioned - district sites, Zilo (just see the DOM) etc.
And of course with success.