WIP 1072: Wholesaling Quicktip - 7 Steps to Comping Wholesale Properties

When we get into this business from outside the industry or we’re just getting started, we tend to realize that the values of every house are tough. Coming up with questions like "how do I know what this house is truly worth?" or "how can I get to the price that fits my standards?"

Well, you’re in luck! Because in this episode, Brent Daniels will answer those questions for you! And he'll be giving you seven actionable steps to comp a property in the easiest way possible. If you enjoyed this episode and like to learn more, head over to Brent’s TTP Training Program where he gives you a blueprint to your  real estate investing success.

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Show notes:

• (0:49) Beginning of today’s episode 
• (2:00) Brent breaks down the seven steps to comping
• (2:07) Location: Start with the neighborhood first
• (3:33) Timeline: Maximize the three-month rule for comps or sold properties
• (4:09) Age: The floor plan of every property must be adjusted every fifteen years 
• (4:37) Size: Don’t forget the plus or minus 15% order
• (5:24) Floor Plan: Floor plans matter so much; assess them!
• (6:30) Condition of the Property: How much repair would you need to do?
• (7:11) Potential: What would this property sell for?

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Resources:

• Redfin
• Zillow
• Realtor.com 
• Check out Brent’s Youtube channel here
• Want to learn more? Check out our TTP training program.
• To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule here
• Make sure to check out TTPdata.com and TTPInsider.com 

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