Creating a Comp Report

A Comp Analysis is an essential tool for Real Estate Investors.  'Running' comps is a term used when trying to find properties with similar characteristics to your subject property based on location, square feet, bedrooms, bathrooms, etc to help you determine the value of your subject property.  Below we will show you how you can easily generate a Comp Report for your properties.

1. Property search
2. Mapview
3. Filters

Finding a Property

To access the comp engine, go to the Leadpipes > Property Leads from the left side menu. 

To begin your comparable search you have two options:

A. Perform an individual property search by entering the address into the search field.

B. Perform a broad County, City, Zipcode search by entering the desired location in the search field.

Click the Search button

Option A will take you directly to the property details page for the lead. Click "Comparables" to the right of "Overview". 

Option B will take you to the Leadpipes list view, which will allow you to refine your list further. When you find a specific property you would like to run comps on click on the specific property address and you will be directed to the Property overview page that will include additional details on the property.

Click "Comparables" to the right of "Overview". 

You will be taken to the Comparables page for  the subject property

Mapview

You will now see comps populate on the map within a mile radius of your subject property.  

• The comps will populate white pins on the map and display the last recorded sold price. 
• The subject property pin will be at the center of the mile circle radius. 
• Clicking on the comparable pins or the subject property marker will open a window with additional details on the property. 
  • Clicking on the comparable property address in this view will open up the Leadpipe property details for the address in a new tab. You can then add this property to your leads if you would like to save it to view later.

Filtering your list

Use the filters located beneath the map to adjust your search. You can filter your search by the following fields:

Bed/Bath

Square Footage

Distance - Recommended distance is 1 mile

Ai Scores - Additional purchase required

Lead Types * Expert Tip! - Filter by Cash Buyers to see which properties have sold for Cash in your area.

Property Types

Status - located in the More filter

Year Built - located in the More filter

Lot Size - located in the More filter

* Expert Tip - We recommend starting with a very broad search before applying any filters to populate the most results. 

 

After adjusting your desired filters, click the SEARCH button. The map view and the comparable list below will update.

The list below will populate by the closest comparable by Distance.

Click the check box to the left of the comparables you would like in your report and click the Print button at the top right of the screen to print or save a PDF of your report.  

Note: You will notice columns on the list view for Retail, Rental, and Wholesale. This is referring to our Leadpipes Ai scoring feature, which is only available if you have an Ai subscription. Leadpipes Ai will help you to increase the ROI on your marketing spend across the board to target the properties with the highest propensity to sell.