“Under the Radar” Deals Nine times out of ten, when Realtors refer to a “Comp,” they mean a “Comparable Sold Property” — what agents and appraisers alike rely on to establish fair market value for a given property. So, what’s a “COMP?” An acronym for “Came on Market Pending Sale.” The usual scenario is a private...Read More
Agent-to-Agent Closing Courtesy While the Seller is busy passing house keys, garage door openers, etc. to the Buyer at closing, the Buyer’s agent often is transferring something to the listing agent, representing the Seller: the listing agent’s lockbox (no, the correct answer isn’t, “a flask of whiskey”). As a courtesy, Buyers’ agents will often ask...Read More
