March 9, 2018

Why the Neighbor’s House Usually Isn’t a Comp

Comparing Honey Crisps to Braeburns One of the more quizzical looks Realtors get is when they (try to) explain to a prospective home Seller that their neighbor’s house isn’t a “Comp” (Comparable Sold Property). In plain English:  it isn’t relevant — at least directly — for pricing their home. For the uninitiated, a Comp is one of the...
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