How to Find a Great Realtor to Run Your Property “Comparables” (Comps)

Establishing value on your property is critical. Skill number one above all other skills to master.

The most important aspects of being a real estate investor is the ability to establish value on houses or properties you are considering buying, wholesaling, or flipping. Irregardless of location, be it California, New York, Houston, or Dallas its a must know skill to learn in time.

But how do you master comping property if you do not have Multiple Listing Service (MLS) access? How can you practice and practice running comps (like I have until you breeze through it), looking at land, comparing variables like year built, location, lot square feet, bed and baths, subdivision and lastly what is the property next too? Is it next to a commercial center, stinky ranch or pig farm or a nice area with a creek or lake? These factors are important to know in learning to master running comps on property.

Before you can become proficient with running comps you need MLS access from a realtor if you are not one already. And this is how you do it. You want to find a realtor you know on a personal level, maybe a friend, friend of the family, or relative. If you don’t have a realtor on hand you need to make friends with one.

This is how you go about making friends and getting MLS access. Drive for dollars and find a vacant, boarded up house ones you want to consider buying or wholesaling. Find two or three, then call a few Realtors up tell them you are real estate buyer or investor and need a good realtor to buy through and run comps.

Start off only giving them a few addresses to comp then a week later give them a few more, meanwhile take them out to coffee get to know them, their likes dislikes, hobbies, etc. Form a relationship with them. A week later give them a few more comps to run, be sure the houses are in your actual buying areas of interest. In other words make sure its real comps of real houses. Its one way to get to know your platinum areas.

Phone your realtor talk to him or her about the houses he or she comped. Make the chat a casual conversation. Ask them if they would like you to refer them (realtor) to the sellers who want to list. Of course the realtor will say yes! Let them know not all sellers you meet are desperate or motivated sellers and some simply need a good realtor to list with.

Then when a seller does not want to sell ask them if they would like to talk to your realtor to see if listing is right for them. Call the Realtor and give them the seller’s name, phone, address, and the condition of the house. This will show the realtor you are serious. No one works for free. Keep track of those referrals maybe the realtor will give you a small finders fee once listed and sold, just don’t ask for one at this point. Your sole goal is MLS access! The gold standard of running comps.

Somewhere in the discussions you are giving them the comps to run, they start to get a bit overwhelmed at the extra work load of running the comps for you. This is what you want. They need to realize in the back of their minds without you mentioning it, they should just give you MLS access.

However, when you feel its a good time tell them you can “save them time buy getting MLS access as an “real estate assistant” or such, just whatever is easier for them” which they can ethically do. This is why, they have real estate assistants who run comps for them, look up properties on the MLS and help out in the office for them.

If you are giving them leads they are going to be more than happy to give you the access you need once you establish trust with them. It is wise to be working about 2-3 Realtors at once to see who is actually a big picture or forward thinker. Do this until they get you the MLS access. Do this until you can speak their language. Do this until you get your MLS access. But stay in touch with the other Realtors, because you never know when you will need them too.

Let this soak in a bit and see if it helps you to get the MLS access you need. Zillow or no other comp service is worth a darn, hey its hard enough to establish value with the MLS as it is. Some Realtors will say they can run the comps but a realtor see’s comps through a different light than the investor. Here is one major difference, WE write the $200,000 check to BUY the house, Realtors only list the house. We better be right-on with our comps! Get it!?! So they see running comps through a different pair of glasses, and this is one of many reasons why you need the actual MLS access yourself.

Online Shopping Through Comparison Shopping Search Engines

Shopping can be a fun activity for some, but for others it is irritating. For those who find it irritating, online shopping is the best option available. Online shopping can be fun, economical, time-saving and simple. Also, since it provides a controlled environment, the chances of splurging are lower. However, there are certain drawbacks, too, like insecure online payments, late delivery, loss of your shipment, shipping the wrong products and so on.

These days, merchants and online shoppers are presented with an array of options when it comes to online shopping. Most of the companies and stores have their own website through which shoppers can buy things online. Also, there are shopping blogs and comparison shopping search engines through which one can shop. Comparison shopping search engines are more popular, as they provide shoppers with the option of searching and comparing the prices of specific products in the same category. This invariably would present to the customers the best deals of the day. It also helps shoppers to shop on the basis of price, the online merchant’s reputation, product information and consumer buying reviews.

Comparison shopping search engines are broadly classified as shopping search engines, with a large number of product categories and shopping search engines focused on specific product categories. Some of the most popular comparison shopping search engines are:

1. Yahoo Shopping, Google’s Froogle, MSN Shopping, CNet Shopper
2. E. W. Scripp’s BizRate and Shopzilla
3. eBay’s shopping.com
4. NexTag
5. PriceGrabber
6. PriceRunner
7. MySimon

Some of the specialized shopping search engines are:

1. PriceWatch, which lets the shopper know and compare prices of computers, computer parts and other electronic items.
2. HealthPricer and pharmacychecker.com, which compare the prices of drugs, medicines, health supplements and so on.
3. AddAll, which compares the prices of books, magazines, CDs, DVDs and so on.
4. PriceScan, which shops for books, sporting goods, electronics and the like.
5. 800wine.com and allwinebaskets.com, for buying wines or wine gift baskets.
6. specialoffers.com, which searches for online special offers, freebies, coupons and so on.

The benefits of comparison shopping search engines are manifold. They are:

1. It offers more convenience to online shoppers.
2. It allows shoppers to browse through different retailers, products and categories and compare the prices with each other.
3. They are available all throughout the year and offer their services around the clock, allowing shoppers to shop at their own convenience.
4. They help reduce the overhead costs, thereby reducing the prices.
5. The bargains from online retailers are numerous as a part of their promotions, so shoppers can buy the products at a cheaper rate.
6. When sending gifts to loved ones in another country, these search engines help to compare the prices of various products before deciding on one.

Each shopper can make his or her online shopping safe and cost-effective by following certain rules. They are:

1. It is advisable to all shoppers to know about the products they are planning to buy and to check the prices of the products using various comparison shopping search engines.
2. It is recommended to check out the seller’s refund policies and the privacy policy.
3. Always shop with retailers whose website begins with “https:” as they are secured sites and shoppers needn’t worry about any frauds regarding their login information.
4. After purchasing a product, it is better to leave a testimonial regarding the retailer, website and the product as it would be useful for other customers too.

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  • Overview of the Ministry of Education

    The MoE is New Zealand’s main state education organization.Originally there was a huge state department covering all aspects of educations, aptly named The Department of Education. This DoE was disbanded in 1989 and converted into more specialized organizations.The Ministry of Education does not teach per say but tries to set education standards in New Zealand as well as develop and expand policies.The ministry offers many services to education providers, parents and the government.They offer a wide range of services as well as information. Some of areas are listed below;Help for Education OrganizationThey get involved with education organizations to help ensure they are following the teaching guidelines and policies.They also provide support to these organizations to make sure they have all the information they need to provide a quality teaching experience to their students.Helping ParentsThey also do a great job helping parents directly.They help the parents make the right decision regarding which education organization is right for them and showing them all their options to help them make an informed decision when it comes to educating their child.Researching EducationThey also are very much involved with researching the current and future state of education systems in New Zealand. They can use this research to better help them make the right policy decisions and other aspects of education leadership.Developing PoliciesAnother responsibility of the ministry is to develop policies for the education systems in New Zealand. The aim of these policies is to help raise the standards of education.Resources for TeachersThey also provide an immense offline and online research resource for teachers. The teachers can refer to this information resource to ensure they are following the correct standards of education, ways to determining their progress as a teacher and learning about how they can further themselves by taking part in advanced scholarships.Providing Help for StudentsThey also help students directly especially for students with special learning needs. This can be a great help to the student who is having problems keeping up or following a particular education program.As well as the areas listed above they also offer a number of useful resources online including a directory listing of early childhood education and childcare providers.This is useful for parents as they can choose a certain location (region and city) and the type of service they are looking for (playcentres, casual education providers etc) and it will show them a list of providers in that area.You can click here to find the ministry’s website which has a vast array of education resources for parents, teachers and education providers.