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recent sales/Comp Question
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HeatherRose
Life is Good :)
Member since 11/07 6605 total posts
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recent sales/Comp Question
So I know when they appraise the house they base some of it on recent sales.
So I was looking on MLS and listingbook at recent sales.
My question is this.. When a house sells, does the sale price get posted, or is it the sale price plus what ever % the sellers might have wrapped into the price for sellers concession?
I would think its just the actual sale price, but I have no way to figure out if it is or not
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Posted 1/25/10 8:56 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource | Prudential Douglas Elliman Real Estate |
SummerMom
Now a mom of 2!
Member since 6/07 4970 total posts
Name:
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Re: recent sales/Comp Question
I just had an appraisal done.
There were two columns for each house: sale price, and concessions. They used 4 comps for our house and not one had any sellers' concessions. So it would say something like Sale Price: $350,000. Concessions: $0
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| Posted 1/25/10 10:39 PM |
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HeatherRose
Life is Good :)
Member since 11/07 6605 total posts
Name:
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Re: recent sales/Comp Question
Posted by DavaDay
I just had an appraisal done.
There were two columns for each house: sale price, and concessions. They used 4 comps for our house and not one had any sellers' concessions. So it would say something like Sale Price: $350,000. Concessions: $0
thats helpful. thanks
But what about the recent sale prices posted on MLS and listingbook?
like the ones I would pull??
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| Posted 1/26/10 11:39 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: recent sales/Comp Question
Posted by HeatherRose
[
thats helpful. thanks
But what about the recent sale prices posted on MLS and listingbook?
like the ones I would pull??
if you want FM me the MLS numbers and I will use stratus (realtor MLS) and tell you what it says
the appriaser is going to use stratus
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| Posted 1/26/10 2:26 PM |
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HeatherRose
Life is Good :)
Member since 11/07 6605 total posts
Name:
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Re: recent sales/Comp Question
Posted by Beth
Posted by HeatherRose
[
thats helpful. thanks
But what about the recent sale prices posted on MLS and listingbook?
like the ones I would pull??
if you want FM me the MLS numbers and I will use stratus (realtor MLS) and tell you what it says
the appriaser is going to use stratus
thanks Beth!! 
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| Posted 1/26/10 2:27 PM |
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