LIFamilies.com - Long Island, NY


RSS
Articles Business Directory Blog Real Estate Community Forum Shop My Family Contests

Log In Chat Index Search Rules Lingo Create Account

Quick navigation:   

Where can I get COmps, that actually compare apples to apples?

Posted By Message

lulugrrl
My 3 Blessings

Member since 3/06

6551 total posts

Name:
L

Where can I get COmps, that actually compare apples to apples?

I know there are quite a few websites, that give you recent home sales in the area. However, I want to find comps of similar houses, so I can figure out what would be a fair offer if we decide to make one.

I would ask my RE agent, but he is the sellers agent also, so even if he printed out comps for me from MLS, I think he would still give me just the higher ones.

SO is there anywhere I can get the same info. that I could get off the realtors MLS site?

Posted 9/18/06 11:07 AM
 
Long Island Weddings
Long Island's Largest Bridal Resource
  |   Prudential Douglas Elliman Real Estate

MrsRbk
<3 <3 <3 <3

Member since 1/06

19197 total posts

Name:
Michelle

Re: Where can I get COmps, that actually compare apples to apples?

I know that some real estate websites have them, I'm pretty sure Coldwell Bankers site you can find comps for the area.

Posted 9/18/06 11:12 AM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: Where can I get COmps, that actually compare apples to apples?

domania.com has them - but they arent that recent.

Posted 9/18/06 11:14 AM
 

MrsBlueSash
Love my sailor

Member since 6/05

5793 total posts

Name:
Christian

Re: Where can I get COmps, that actually compare apples to apples?

try zillow.com, you just need to know the address.

Posted 9/18/06 2:32 PM
 

charon54
My two boys!

Member since 5/05

7279 total posts

Name:
Rebecca

Re: Where can I get COmps, that actually compare apples to apples?

If you are looking in Nassau County, www.mynassauproperty.com gives comps.

Posted 9/18/06 6:03 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: Where can I get COmps, that actually compare apples to apples?

Every realtor I worked with gave me comps. Ask your realtor.

Posted 9/19/06 11:01 AM
 

lulugrrl
My 3 Blessings

Member since 3/06

6551 total posts

Name:
L

Re: Where can I get COmps, that actually compare apples to apples?

Posted by alnem

neither zillow.com nor mynassauproperty.com give accurate comps. they show comps that are 20% less than what the market value is. your RE agent shouldnt give you comps because he works for the seller. it's unethical for him to give you an idea of what you should offer. its his job to get as close to full asking as possible.

what i advise to all of my buyers is to just throw out a number, any number! if it's too low, the seller will just refuse it OR they will counter and you will find a happy medium.



Yes, I realize my realtor cannot give me comps, I think if I decide to make an offer, I will just do 5% below asking and see what happens. However, I already know my realtor overpriced my house, so I am sure he did the same with the other house he listed, LOL...evil game...I hate it.

My probelm is the area I am looking in there are very few colonials to compare it to, everything is high ranches (tons of them)...so I am having a hard time finding good comparisons. Should I get another realtor involved?

Posted 9/19/06 11:16 AM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: Where can I get COmps, that actually compare apples to apples?

Posted by alnem

neither zillow.com nor mynassauproperty.com give accurate comps. they show comps that are 20% less than what the market value is. your RE agent shouldnt give you comps because he works for the seller. it's unethical for him to give you an idea of what you should offer. its his job to get as close to full asking as possible.

what i advise to all of my buyers is to just throw out a number, any number! if it's too low, the seller will just refuse it OR they will counter and you will find a happy medium.

totally agree... my realtor gave me BS comps. I asked her time and again for them and she finally sent me 4 houses that sold (and we were with her for 8-9 months) Chat Icon oh yea, and no surprise, the one's she sent me all sold for very close to asking.

RE agents have the seller's best interest in mind, end of story.

Posted 9/19/06 1:14 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: Where can I get COmps, that actually compare apples to apples?

Home sales are a part of public record. You could consult the department of records in the county.

Posted 9/19/06 1:24 PM
 

charon54
My two boys!

Member since 5/05

7279 total posts

Name:
Rebecca

Re: Where can I get COmps, that actually compare apples to apples?

Posted by alnem

neither zillow.com nor mynassauproperty.com give accurate comps. they show comps that are 20% less than what the market value is. your RE agent shouldnt give you comps because he works for the seller. it's unethical for him to give you an idea of what you should offer. its his job to get as close to full asking as possible.

what i advise to all of my buyers is to just throw out a number, any number! if it's too low, the seller will just refuse it OR they will counter and you will find a happy medium.



Well, one other thing you can see on www.mynassauproperty.com is the recent home sale price for the comps, so that might help.

Posted 9/19/06 5:54 PM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: Where can I get COmps, that actually compare apples to apples?

Posted by charon54

Posted by alnem

neither zillow.com nor mynassauproperty.com give accurate comps. they show comps that are 20% less than what the market value is. your RE agent shouldnt give you comps because he works for the seller. it's unethical for him to give you an idea of what you should offer. its his job to get as close to full asking as possible.

what i advise to all of my buyers is to just throw out a number, any number! if it's too low, the seller will just refuse it OR they will counter and you will find a happy medium.



Well, one other thing you can see on www.mynassauproperty.com is the recent home sale price for the comps, so that might help.

but there isn't a site like that for Suffolk.

Posted 9/19/06 6:22 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Where can I get COmps, that actually compare apples to apples?

Posted by lulugrrl



I would ask my RE agent, but he is the sellers agent also, so even if he printed out comps for me from MLS, I think he would still give me just the higher ones.




you are putting yourself at the disadvantage not using your own agent-in this case the agent is always on the side of the seller- higher price = higher commission- double commission in this case

you need someone on your side- to help you- not them



Posted 9/19/06 6:27 PM
 

anon
where's winter?

Member since 11/05

2209 total posts

Name:

Re: Where can I get COmps, that actually compare apples to apples?

Posted by Beth1210

Posted by lulugrrl



I would ask my RE agent, but he is the sellers agent also, so even if he printed out comps for me from MLS, I think he would still give me just the higher ones.




you are putting yourself at the disadvantage not using your own agent-in this case the agent is always on the side of the seller- higher price = higher commission- double commission in this case

you need someone on your side- to help you- not them




i was thinking the same thing, why are you dealing with the sellers agent?

Posted 9/19/06 7:44 PM
 

alnem
This is gonna be a good year!

Member since 2/06

9562 total posts

Name:
Emily

Re: Where can I get COmps, that actually compare apples to apples?

Posted by anon

Posted by Beth1210

Posted by lulugrrl



I would ask my RE agent, but he is the sellers agent also, so even if he printed out comps for me from MLS, I think he would still give me just the higher ones.




you are putting yourself at the disadvantage not using your own agent-in this case the agent is always on the side of the seller- higher price = higher commission- double commission in this case

you need someone on your side- to help you- not them




i was thinking the same thing, why are you dealing with the sellers agent?



some people dont realize it but ALL realtors in NYS work for the seller automatically even if its not their listing because they get paid by the seller at closing. if you want an agent to work on your behalf (the buyer) then you need to hire a buyer broker. in which case you need to retain them to work for you by signing a contract and YOU pay them at closing which gets added into your closing costs.

Posted 9/19/06 10:45 PM
 

lulugrrl
My 3 Blessings

Member since 3/06

6551 total posts

Name:
L

Re: Where can I get COmps, that actually compare apples to apples?

Posted by alnem

Posted by anon

Posted by Beth1210

Posted by lulugrrl



I would ask my RE agent, but he is the sellers agent also, so even if he printed out comps for me from MLS, I think he would still give me just the higher ones.




you are putting yourself at the disadvantage not using your own agent-in this case the agent is always on the side of the seller- higher price = higher commission- double commission in this case

you need someone on your side- to help you- not them




i was thinking the same thing, why are you dealing with the sellers agent?



some people dont realize it but ALL realtors in NYS work for the seller automatically even if its not their listing because they get paid by the seller at closing. if you want an agent to work on your behalf (the buyer) then you need to hire a buyer broker. in which case you need to retain them to work for you by signing a contract and YOU pay them at closing which gets added into your closing costs.




Yes I actually did not realize this. When I lived upstate it worked differently. It is fairly equal between buyers agents, and sellers agents.

Also, I was dealing with the sellers agent, because he is my agent too. I listed my house with him. He is a friend, he knows my taste. Normally he lists homes in an area I am not interested in. But he listed one that he knew I would love, so he wanted to show me.

Posted 9/20/06 9:43 AM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
Ha! Mike Bloomburg, how do you like dem apples! MissJones 7/6/05 10 Families Helping Families ™
Need suggestions for some new fruits.....we're having issues with apples btrflygrl 7/25/06 6 Parenting
APPLES LadyMaravilla 4/14/06 19 Families Helping Families ™
apples and wine-cute momAGAIN 4/12/06 4 Families Helping Families ™
Apples CaseyGirl 2/7/06 3 Families Helping Families ™
craving carmel apples Corinne 7/5/05 7 Pregnancy
 
Quick navigation:   
Currently 688418 users on the LIFamilies.com Chat
New Businesses
1 More Rep
Carleton Hall of East Islip
J&A Building Services
LaraMae Health Coaching
Sonic Wellness
Julbaby Photography LLC
Ideal Uniforms
Teresa Geraghty Photography
Camelot Dream Homes
Long Island Wedding Boutique
MB Febus- Rodan & Fields
Camp Harbor
Market America-Shop.com
ACM Basement Waterproofing
Travel Tom

      Follow LIWeddings on Facebook

      Follow LIFamilies on Twitter
Long Island Bridal Shows