Fix & flip investors
Back your after-repair value with real sales before you commit to a purchase price.
Feature — Comps Analysis
Know what the house is really worth before you make the offer
A bad comp costs you twice: once when you overpay, and again when the house doesn't sell for what you planned. FoundREI keeps every comp for the property in one place and does the math for you, so your offer stands on real sales.
Inside the feature
What it is
Comps are the foundation of every number you put on a deal: your after-repair value, your offer, your rent and your lender's confidence. Most investors keep them in a browser tab, a screenshot or a spreadsheet that never makes it back to the deal. FoundREI gives comps a permanent home on the property. Bring them in from an MLS export or add them by hand, and FoundREI works out the medians, shows how much support you have, and carries the same comps into your offer and your lender package.
- Sold, pending, active, withdrawn and rental comps in one place
- Import your MLS export from any spreadsheet in minutes
- Instant median price, price per square foot and rent
- A comp checklist that tells you when you have enough
- Enter comps once; they follow the property from offer to deal
- Every change logged, so you know who added what
From input to outcome
How it works
A clear workflow that keeps every decision attached to the same deal.
STEP 01
Bring in your comps.
Upload your MLS export (.csv or .xlsx) and match your columns once, or add a comp by hand with a link back to the source.
STEP 02
Sort them automatically.
Comps land in Sold, Pending, Active, Cancelled/Withdrawn or Rental. Anything the file couldn't classify waits in “Needs Review” instead of skewing your numbers.
STEP 03
Read the medians.
FoundREI calculates the median sold price, price per square foot, and pending, active and rental medians as you go.
STEP 04
Use them everywhere.
The same comps support your offer pricing, your offer letter and your lender funding proposal, with no re-entry.
Built for the work
Who it's for
Wholesalers
Show buyers and sellers the comps behind your number, not just the number.
Buy & hold investors
Keep rental comps next to sales comps so your rent assumption holds up.
Investors raising private money
Hand lenders a package whose value is supported by real, recent sales.
Ways investors keep comps
| Approach | Speed | Stays with the deal | Shareable |
|---|---|---|---|
| Browser tabs and screenshots | Slow | No | No |
| Personal spreadsheet | Medium | Rarely | With effort |
| FoundREI Comps Analysis | Fast | Always | Built into offers and lender packets |
Frequently asked questions
What are comps in real estate?
Comps (comparable sales) are recently sold, pending or active properties similar to the one you're analyzing: close by, similar size, and similar beds and baths. Investors use them to estimate what a property is worth after repairs and what it will rent for.
How many comps do I need?
A good rule of thumb is three recent sold comps, three active listings and two pending sales, ideally within a quarter mile, within about 200 square feet, and sold in the last three to six months. FoundREI shows your count against that checklist on every offer.
Can I import comps from my MLS?
Yes. Export your search as a .csv or Excel file and upload it. Your column names don't need to match ours: you map them once, FoundREI previews every row, and any row with a problem is skipped and listed so you can fix it.
Does FoundREI pull comps or calculate ARV automatically?
Not today. You bring the comps, from your MLS, an agent or your own research, and FoundREI organizes them and calculates the medians. You stay in control of which comps support your after-repair value.
Where do my comps show up after I add them?
On the property itself. The same comps are used by your offer pricing, your offer letter and your lender funding proposal, so you never enter them twice.
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