Purchasing resources for Comparable Sales

Quickly find information on comparable home sales. Research providers of comparable sales services that assist in the analysis of property values. Identify comparable real estate sales resources that suit your needs.

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Appraisal Class Online

Business directory to appraisal classes online.

www.business.com/real-estate/appraisal-class-online/
Property Assessors Offices - Massachusetts

Massachusetts county assessors offices and tax records.

www.business.com/real-estate/property-assessors-offices-massachusetts/
Property Assessors Offices - Tennessee

Tennessee county assessors offices and tax records.

www.business.com/real-estate/property-assessors-offices-tennessee/
Property Assessors Offices - Oklahoma

Oklahoma county assessors offices and tax records.

www.business.com/real-estate/property-assessors-offices-oklahoma/
Property Assessors Offices - South Dakota

South Dakota county assessors offices and tax records.

www.business.com/real-estate/property-assessors-offices-south-dakota/
Independent Fee Appraisers in Connecticut

Real estate appraisal firms located in Connecticut.

www.business.com/real-estate/independent-fee-appraisers-in-connecticut/
Property Assessors Offices - Florida

Florida county assessors offices and tax records.

www.business.com/real-estate/property-assessors-offices-florida/
Property Assessors Offices - Louisiana

Louisiana county assessors offices and tax records.

www.business.com/real-estate/property-assessors-offices-louisiana/
Real Estate Appraisal Organizations

Industry groups, councils, associations and organizations.

www.business.com/real-estate/real-estate-appraisal-organizations/
US County Assessors' Offices

County assessors' offices in the United States and real property information.

www.business.com/real-estate/us-county-assessors-offices/
Making the Most of Comparable Sales

Source: /guides/making-the-most-of-comparable-sales-26136/

Comparable sales are one of the best tools to use throughout the buying and selling process. This gives the property buyer or seller an inside look at the value of the property. Read More »

Comparable Sales

Source: /guides/comparable-sales-10197/

Each property sale is unique so it might be difficult to find comparable sales data for your client's home or business property. To get the right mix of comparable sales you may need to search outside of the regular sales lists. Read More »

Comparable Sales Basics

Comparable sales are used to estimate pricing on real estate for many reasons. The value of properties recently sold and those properties of similar structure and size are used to estimate the value of the current piece of real estate. This gives the property owner and the buyer of it an idea of its real worth. These comparable sales basics can be enhanced in many ways.

By using comparable real estate sales, real estate agents and other professionals can produce a very good picture of the value of the property. This is part of the formula used by appraisers to determine the value of real estate as well. When using this information, keep the following in mind:

1. Determine comparable home sales within the right region, since the area of comparison should be close.

2. Invest in comparable sales data that is as up to date as possible.

3. Learn about comparable properties through a variety of sources.

Use comparable property sales information from public records

Public records are a free real estate comparables tool that can be accessed by the general public. Use the deeds filed with municipalities or the local county recorder's office. The only downside to using this information is that it can be six-to-eight-weeks behind the current market, making it less accurate for rapidly changing markets.

Find comp sales from the Multiple Listing Service

Real estate comparable sales are available through the Multiple Listing Service, or MLS. Generally, this is a real estate agent's resource for locating properties for sale, but it can also be used by the public through a variety of websites. The key is to find the selling price posted on the MLS just after the property sale is complete. This information remains posted for several months or longer.

Utilize pending sales for comparative sales analysis

The most accurate and most current information available for comparable home sale prices comes from pending home sales. These are properties that are just selling. This information is rarely available to the public, so hiring a real estate agent is necessary to use this information to price real estate.
  • When using comparable sales in the public record, keep in mind that any changes to the property have likely not been updated. New additions, structural changes and even remodeling is not always recorded.