in financial analysis, comps is short for "comparable company analysis," which is a technique used to assign a value to a business based on the valuation metrics of a peer. In real estate, comps are used to assess a property's value by comparing it to similar...
Comps, or comparables, are similar properties in the same area that help value a real estate property. When appraising a property, appraisers will look at comparable sales in the surrounding area. They also consider market conditions to help determine the value of the subject property. Comps In...