For subscribers, RealtyTrac provides Estimated Property Market Values on the Property Details page of property posted on RealtyTrac. Market value is an estimate of what the property will sell for on the current real estate market. When determining the final offer you want to make on the property, you will need to balance the market value with any liens against the property and estimated repairs.
Subscribers can view the Comparable Sales and Loan History reports from the Property Details or My RealtyTrac pages for properties. The comparable sales report provides a list of up to 15 properties that have sold recently in the neighborhood and an analysis of property values in the neighborhood. The liens and loans report provides a list of loans secured by the property and any tax liens placed on the property.
Subscribers can also use the "Comparable Listing" tile on property details pages to see other properties listed with real estate agents in the vicinity of the properties posted on RealtyTrac. The asking prices on those nearby properties will provide a rough estimate of the neighborhood's market value.
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