You're listening to Wholesling Inc. episode number 1642. You want the most recent comparables.

And I'm telling you, in this current market, you want the costs, the sold properties to be within

three months. This is game-changing information guaranteed to raise your real estate wholesaling

business with actionable steps

you can take immediately to navigate the ins and outs of wholesaling and start making money today.

Join us as we put our guests in the hot seat and dive deep to dissect their strategies for success

to enable you to duplicate their results. You're listening to Wholesaling, Inc., the only show

dedicated to making you a fortune in wholesaling. My name is Brett Daniels, Mr. TTP, Mr. Talk to People,

and I want to break down the seven steps to coming up with the value of any property. This is critical if you are a real estate entrepreneur,

a real estate investor, because this helps you determine if the conversation you're having

with the property owner and the price that they want, is this a deal or not a deal?

So let's break this down simply. Don't let this be overwhelming.

Yes, it takes some reps to be able to really feel confident in doing this, but I'm going

to show you what appraisers, four banks use as their seven steps to come up with the

value.

The reason this is important is because at the end of the line, whether or not this is an ugly house right now or if it's in good shape, typically most properties get a loan on those properties to be able to purchase it and they need to be appraised.

That is the bank's way of determining what the value of this property is because banks don't value properties.

They hire appraisers to be able to do that.

So let's jump in to the seven steps.

The seven steps to comping.

Here we go, the breakdown.

Number one is location.

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