One big challenge for real estate investors that don't have access to the MLS is getting accurate comps for a property. I was pretty excited recently when I heard about a free service called Find Comps Now. This seemed almost too good to be true; a place to get comps at no cost.
For the past couple of days, I have been playing around with Find Comps Now and I have to to tell you, I was disappointed. It would seem that this site would pull relevant information from public records, but I have found it to be lacking in detail. There is a lot of missing data and I'm still unclear about how it finds cash buyers and private lenders.
It does however give you sale prices for homes. One big drawback is you don't have information in front of you that allows you to compare things like bedrooms and baths and other important statistics. But… if you don't have access to the MLS this is another tool for you.
Find Comps Now
You can check out the site here at Find Comps Now
Here's the Video
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