Comparable Sales and Your Offer Price

Comparable Sales in the Multiple Listing Service

Most of the public is aware that the Multiple Listing Service is a private resource where Realtors list properties available for sale. Recently, the public has been able to access some of that information on such sites as Realtor.com, MSN HomeAdvisor, and others.

Once a property is sold and the transaction has closed, the selling price is posted to the listing in the Multiple Listing Service. Over time, it has become a huge database on past sales, containing much more information on individual homes than can be gleaned from the public record. This information is only available to real estate agents who are members of the local Multiple Listing Service.

Your agent will provide you with this data to help determine your offer price.


Next Comparable Sales - Pending Transactions


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Benefits of Owning Your Own Home
Important Things To Avoid Before Buying a Home
Don't Buy a Car - or Did You Already Buy One?
The Business Cycle and Buying a Home
Comparable Sales and Your Offer Price
Major Factors Influencing your Offer Price
Offering to Purchase Real Estate- the Basics
Writing an Offer - Safeguards Regarding the Property
How Financing Details Affect Your Offer
How FHA and VA Financing Affects Your Offer
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