How To Find Real Estate Comps For Wholesaling (FAST & FREE)!

Real Estate Skills Podcast

In this video, Ryan Zomorodi, COO and Co-Founder of RealEstateSkills.com shows you exactly how to find real estate comps to accurately determine the market value of ANY property!

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Whether you're a beginner or an experienced investor, understanding real estate comparables is essential for making smart real estate decisions.

This video covers everything from what comps are in real estate, how to find them for free using Redfin and the MLS, to the key criteria appraisers use for property comparisons.

Here’s What You’ll Learn:

📚 Understanding Real Estate Comps: Gain a solid grasp of what real estate comparables are and why they are crucial for your investment decisions.

🔎 How to Find Comps: We’ll guide you through the process of locating the right comps to ensure your property valuations are accurate and reflective of current market conditions.

🏡 Best Ways to Run Comps: Discover our expert strategies for running comps that help you determine the true value of a property—essential for making smart investment choices in wholesaling or house flipping.

📊 Analyzing Deals Effectively: Learn how to pull all the information together to analyze real estate deals like a pro, including calculating the After Repair Value (ARV) to estimate potential profit margins.

📌 TIMESTAMPS:

0:00 Introduction

1:15 What are Comps in Real Estate?

2:15 What is Market Value?

2:37 Real Estate Comps Vs. Appraisals

3:18 The 3 Approaches to Finding Comparable Real Estate

5:21 How to Find Real Estate Comps & How to Get Comps for FREE

8:06 The Appraisal Rules: Key Factors of a Real Estate Comp Criteria

11:29 How to Find Comps on Redfin (FOR FREE)

18:26 The BEST Way to Find Real Estate Comps (ON THE MLS)

23:44 How to Use Real Estate Comparables

24:50 What If You Can't Find Real Estate Comps?

25:30 Conclusion

Whether you're a real estate agent, wholesaler, or investor, learning how to find comps is crucial to making profitable decisions in today's market. This comprehensive guide will teach you step-by-step how to pull accurate comps, the difference between comps and appraisals, and what to do when real estate comparables are hard to find.

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PropertyRadar: https://www.propertyradar.com/pricing?_by=realestateskills

For more on finding real estate comps, read our article: https://www.realestateskills.com/blog/real-estate-comps

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📝 Disclaimer:

This video is not personalized financial or legal advice for the viewer.