How the Public Can Find Las Vegas Area Rental & Sale Comps
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Post #3 for the day with search terms found in my google analytics! How Can the General Public Find Las Vegas Area Rental & Sale Comps? First of all I want to explain what a real estate "comp" is. A comp in real estate is not a freebie you get from throwing your money away in the casinos like a free lunch or room or show. A "comp" is a comparable. Comparables or "COMPS" are used to determine pricing (done by real estate agents) or value (done by appraisers). It is basically a review of the market on what homes are selling and/or leasing for. There is a really easy way you can find rental and sale "comps" in the Las Vegas Market - through IDX. This is basically MLS fed listings provided that the seller or owner allowed for the IDX option. Most MLS items are there but some are not (...