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How do realtors get a list of fair market values on properties? Is there a web site that shows property sales?
I am a new investor and would like to pull my own fair market property values I know realtors have a source for doing this and I would like to find out how they do it? Is it a web site they pay for the listings of properties that have sold in the last year? OR does the local community services provide this? Do you have to have a realtors license to do this?
You are in Luck!!!
just a few short weeks ago the best website for doing just this came out from the guy that made expedia.com.
http://www.zillow.com
zillow.com is a great little website that will let you do this yourself. You will get the idea of when it may be innacurate (updates not included but hey thats easy to tell), and the comps on there are priceless for doing the homework yourself.
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