However, the information on these websites is often inaccurate or outdated, so you need to be careful when using them to look for real estate comps. A more accurate source for finding comps would be public property records. You’ll need to visit a county assessor’s office in person or ...
In real estate, comps are similar homes in your area that have sold relatively recently- that is the most straightforward definition. The more the comparable properties share in common with the seller’s house, the better. Real estate agents refer to these as “sold comps.” Comparables are p...
Real estate comps, short for comparables, are a way to gauge how much a property is worth by comparing it to other, similar properties. The more characteristics your home shares with the comps, the more accurate they are likely to be. Real estate agents and home appraisers use comps, ...
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Residential Real Estate “You never would have seen this design in Brandermill until now,” said Andy Wyman, an area real estate agent who said the house is the first on the waterfront to replace a tear-down of an older home. The year in high-end home sales started off with a bang ...
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1. Real Estate Investor Becoming a real estate investor is arguably the most rewarding ventures in this sector. They are those who buy houses, buildings, or land, try to maximize their value, and then keep them in the long term (buy and hold) or offer them up for a profit. ...
Review the sale price of similar homes in the area that sold recently to help you determine how much you feel the home is worth. Your agent can put together a list of real estate comparables, or comps, which shows how much buyers paid for similar, recently sold properties in the same ar...