Special offer

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Ambassador
3,344,906
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I have had that request several times over the course of 16+ years.  I first ask them to share the comps they are using ... then we will review the comps I used.  It's worked well for me. 
Now, if the agent is being a jerk and attempting to convince me I don't know what I am doing, my comps are all wrong, then I wish them all the best. 

 

Apr 11, 2019 08:07 AM
Rainmaker
1,052,056
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Of course, the data is available to anybody who knows how to search for it and if they're not as good at searching as I am, I'll help them.

And if there are no actual comps which is quite common in my neck of the woods and business, how we used pro forma data to arrive at a value.

I personally would not ask a listing broker for comps. I can DIY!

Apr 11, 2019 07:13 AM
Rainer
19,237
Mary Grace (Ballew) MacDougall
Keller Williams Columbia - Columbia, SC
Home Buying and Selling in the Columbia Area

Buyer Agent here!

I've asked listing agents to share their comps before and been very polite about it. When I ask there are typically 2 reasons:

 

1. My buyers and I are having a difficult time seeing the list value in the home. Therefore I'm asking the listing agent to provide comps to see if there are some I'm simply missing.

2. The home is obviously overpriced and I am questioning if the agent even ran comps (several times they have not).

Either way, I'm doing a lenthy CMA on my own. Sorry to see it looks like your person was not doing any research on their own!

Apr 11, 2019 09:07 AM
Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Probably not, they're on their own to compile their own due diligence.

Apr 11, 2019 07:49 AM
Ambassador
3,125,265
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

As a listing agent, the top priority is to get the property sold Corinne. Why wouldn't you, especially if your comps justify the list price? 

Apr 11, 2019 07:30 AM
Rainmaker
2,220,323
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Sure, why not?

Apr 11, 2019 10:14 AM
Rainmaker
2,781,013
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Absolutely however, ask me nicely

Apr 11, 2019 07:05 AM
Ambassador
6,392,899
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Sure, I have many times.

Apr 11, 2019 09:12 AM
Rainmaker
5,215,698
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Don't mess with Kathleen Daniels

Apr 11, 2019 08:13 AM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

If it will help my seller yes.

Apr 11, 2019 07:36 AM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

I occasionally ask for it.

Not because I can't do comps, but to force the LAgent to review the fact that they listed too high.

It is mind boggling at some of the answers I get...comps from 5 miles away...the seller wants to move up...or blatently no understanding of what an appraisal is.

Eve

 

Apr 11, 2019 07:36 AM
Ambassador
5,048,718
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

It's come up only rarely and I did share. But I can see circumstances when I might say no.

Apr 11, 2019 07:33 AM
Rainmaker
469,510
Dan & Laurie Pittsenbarger Team
Keller Williams Western Realty - Bellingham, WA
Lakeside & Coastal Single Family Homes

Sure. It doesn't come up often but every once in awhile.

Apr 11, 2019 07:05 AM
Rainer
509,449
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

I would especially on a low ball offer. I've had that twice a long time ago and asked them where they were getting the comps from.  

Apr 11, 2019 10:53 AM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Is it because Z. and Redfin using different comps and they have no idea what to say to their client? 

Apr 11, 2019 10:28 AM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Yes.

Apr 11, 2019 07:35 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

no, I would not....that's the job of the buyer's agent for their buyer.... they can ask the bank appraiser what he used for comps after their appraisal is finished....

Apr 11, 2019 02:44 PM
Rainmaker
1,045,440
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

Absolutely why not sound information will show value and I think in most cases will result in fair offers.. there will always be low-ballers in any market though as there are home sellers or encouraged by the listing agent that over-price to "TEST the Market" or in the case of the listing agent that use this as a snag to "Get The Listing" 
Oh yes Mr. / Mrs. / Ms. seller your home is absolutely worth $50k more than your neighbors... yes that other agent you spoke with is very wrong  that new mirror in the bathroom and the fresh coat of paint do make your home worth the $50k more at least ;-)

Apr 11, 2019 11:55 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Of course. However I would do so in ALL CAPS instead of Title Caps.

If you do the heavy lifting for the other agent, the outcome is more likely to go the way you want. Many times I know the comps won't support the price. So, I make it clear they must decide if this house is for them and good luck finding another at this price with these features.

Apr 11, 2019 11:55 AM
Rainmaker
911,228
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Yes. But it depends. if they don't have a potential buyer, or are just too lazy to check comps for themselves, i might say no.

Apr 11, 2019 11:15 AM
Rainmaker
1,844,171
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Yes I do it all the time. I have a schpeal that I'll send them right over PDF when they come in with low ball offers. 

Apr 11, 2019 11:14 AM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Absolutely... especially as I would normally trust my own numbers over those prepared by most agents. There might be circumstances when I don't, but I know I have called a listing agent more than once to ask how they comped out their listings when I couldn't find numbers that worked. 

Apr 11, 2019 11:02 AM
Rainmaker
1,239,801
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I leave them with the owners for reference. Those who say I will not sell less than XXX as often not serious home owners.  For 2 years I have been saying home prices have maxed out. Now they realize I was correct.

Apr 11, 2019 09:24 AM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Corinne,

It depends who I was dealing with.  Most savvy agents regardless of their specialty know their comps before making an offer...Sounds like you dealt wiht an incompetent one based on your answers.  A

Apr 11, 2019 07:57 AM
Rainmaker
4,882,349
Richard Weeks
Dallas, TX
REALTOR®, Broker

Of course, I would assume they were lazy or incompetent.

Apr 11, 2019 07:17 AM
Rainmaker
7,835,260
Roy Kelley
Retired - Gaithersburg, MD

Yes.

Apr 11, 2019 07:15 AM
Rainmaker
1,196,588
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Only after they show me theirs first then only for discussion

Apr 11, 2019 03:10 PM
Rainmaker
1,310,972
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I would send them a copy of my CMA, if they asked for it. Comps are in the public (agent's) sphere.

Apr 11, 2019 12:55 PM
Ambassador
2,061,096
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home is where the hearth is.

Yes.  I'm happy to supply the comps that I've used to build our asking price.  Why not?  My job, as the listing agent, is to get the property sold, and if I can do that by supplying the buyer's agent with a list of the properties I've used... I'm happy to do that.

If/when they start questioning the homes that I used, I tell them that they're happy to pull their own comps, but we're comfortable with the ones we've cited.

Apr 11, 2019 12:42 PM
Rainmaker
961,383
Mel Ahrens, MBA, Kelly Right Real Estate
Kelly Right Real Estate - Hood River, OR
Customized Choices for your Real Estate Needs

Usually yes.

Apr 11, 2019 12:23 PM
Rainmaker
969,858
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Not often but I would share. 

Apr 11, 2019 07:10 AM
Rainmaker
628,724
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

Always happy to share the comps to defend the list price I recommend

Apr 11, 2019 06:17 PM
Rainmaker
1,502,858
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Yes.  I have.  Very useful for out of area agents or ones not that familiar with a particular area.

Apr 11, 2019 03:29 PM
Rainmaker
577,750
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

It's not difficult to find comps in residential areas here.... Usully the buyer agent produces or will quote  recent sales in the neighbourhood to justify their offer price.  If needed I will produce my comps to justify my list price.  

Apr 19, 2019 06:02 AM
Rainmaker
4,935,556
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Others ask and depending if I think we are on the edge, I would still do it.

 

Apr 12, 2019 11:54 AM
Rainmaker
716,049
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

Sure.

Apr 12, 2019 07:16 AM
Rainmaker
1,197,022
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Definitely, especially if it supports my case.  i am interested in reading other responses.

Apr 12, 2019 06:25 AM
Rainmaker
556,536
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

We beg the buyers agent to look at our comps. We beg the listing agents to provide their comps. Too many agents don't know how to pull comps or analyze them.

Apr 12, 2019 06:24 AM
Rainmaker
183,505
James (Jim) Lawson, DBA
DomainRealty.com LLC - Bonita Springs, FL
Broker Associate, RSPS, BPOR, HI & PE

Why not help the buyer's agent get to the offer stage? Buyers need assurance they are not overpaying, so the agent must be convinced first. 

Apr 11, 2019 11:13 PM
Ambassador
5,229,290
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

If I knew I was priced correctly, I would ask what comps THEY were using not to be able to determine that!

I have asked a listing agent before because, for the life of me, I couldn't get near their price. 

 

Apr 11, 2019 06:20 PM
Rainmaker
2,071,025
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

For sure.

Sep 21, 2019 09:04 AM
Rainmaker
5,868,372
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

If they are struggling, and have no offers coming in, yes.

Apr 27, 2019 04:47 PM
Rainmaker
1,598,452
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

No

Apr 19, 2019 01:34 PM
Rainmaker
660,806
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 602.710.8161 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Yes, most often I will share comps. Especially, if I feel the Buyer's agent has not seen some of the closed sales in the area. I would like to know what comps they were using, too.

Apr 19, 2019 06:21 AM
Rainer
4,190
Maggie Rose March
Bishop West Real Estate - Venice, FL
Realtor with expertise in relocation & 2nd homes

In our area, there are several ways to influence the value of a home. In fact, in some areas, there is many hindered of thousands of dollars in differences in price, and a good agent can research and identify those areas of discrepancies and provide astute answers to a buyer's questions on price. And how many buyers have you had that thought the price was too little?

A CMA has a measurable amount of subjective research involved in the process. If you have to ask for the comparable homes the agent used when listing the home, you are not doing your job. If you do not believe the home is worth the asking price, don't show the house unless you are working under a buyer's agreement and then justify your position with your research. You have not been hired to determine the selling value of the home for the seller.

Apr 14, 2019 11:41 AM