FSBO<\/u><\/a>, you can do your COMS analysis by yourself.\u00a0<\/p>You can start by locating your house on online platforms like Zillow, Trulia, Redfin, Realtor.com, etc.\u00a0<\/p>
Once you located your property, you can see the homes that are sold in your area with similar configurations and features like yours like bedrooms, garage, and size.\u00a0<\/p>
To do a fair comparison there have to be at least three homes sold within the last ninety days in the area.\u00a0<\/p>
Let\u2019s say you find three homes that were similar to yours that were sold in lat ninety days prised at $350k, $375K, and $325k respectively.\u00a0<\/p>
Now you need to calculate the average price of the three comparable properties which in our case comes to $350K.\u00a0<\/p>
So according to the fair comparison considering your house is similar to the comparables would be fairly valued at $350k.\u00a0<\/p>
This is one of the quickest ways to run COMPS to get an idea of the home that you are either buying or selling in that area.<\/p>
The other way that you can get the COMPS is through public property records. Your county keeps a record of the properties that are sold in the county. You can find information on comparable properties through the county websites.\u00a0<\/p>
However, the prices mentioned on the record maybe after the seller’s concessions.\u00a0<\/p>
This comparable value may not be the original asking price as there might be some contingencies that the seller might have accepted while signing the sales contract that might have led to lowering the original sales price.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t