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Real Estate Comps And How To Find Them | Bankrate
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...
Real Estate Comps: How to Find Comparables for Real Estate
A comp, which is an abbreviation for comparable sale, is a recently sold home in your area that's similar to your home in location, size, condition and features. How sellers use real estate comps. Sellers, especially those selling for sale by owner (FSBO), use comps to determine the right listing price for their home.
How to Find Real Estate Comps in My Area | Redfin
1. Use a reputable real estate website to find local comps. Comps are an essential part of listing your home and the home appraisal process. One way to find comps in your area is to use an established real estate listing website for your research. Redfin offers an easy way to identify recently sold homes in your neighborhood quickly.
Real Estate Comps: How To Find & Use Them | Rocket Mortgage
Simply put, real estate comparables – or “comps” – are comparable properties in a specific area that you’re looking to buy or sell in. Comps are used to determine the value of a home by comparing it to similar properties sold in the same neighborhood or in an area as close as possible to the house being valued.
How to Find Comps for My House: An Illustrated Guide - HomeLight
What are comps in real estate? In real estate, the term “comps” — short for comparables — refers to recently sold homes that are similar to your house. To be a comp, the house must have similar characteristics, such as size, school district, and amenities.
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