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1. www.investopedia.com › terms › cComparables: What They Are, How They Work, Examples

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   Mar 31, 2024 · Example of Comparables. For example, Bert wants to sell his house. He notices that a similar house in the neighborhood has just recently sold. He does a little investigating and finds the price ...

   • Author: Will Kenton

2. www.investopedia.com › terms › cComps: Definition, How They're Used in Analysis, and Example

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   Oct 28, 2020 · In real estate, comps are used to assess a property's value by comparing it to similar properties. ... Comps: Business Valuation Method . ... Definition, Measurement, Examples ...

3. Videos

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     How to Run Comps on a House (Value ANY Property)

     Aug 8, 2022

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     What Are Real Estate Comps?

     Sep 30, 2019

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     18:48

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     How To Find Comps For Real Estate for FREE

     Feb 28, 2020

     6K Views

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4. www.zillow.com › learn › what-are-compsWhat Are Comps? Understanding a Key Real Estate Tool

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   Jul 13, 2015 · Whether you're buying or selling a home, comparing similar homes can yield a wealth of helpful information. “Comps,” or comparable sales, is a term anyone on either side of a real estate transaction should know well. It refers to homes located in the same area and very similar in size, condition and features as the home you are trying to ...

5. reww.com › real-estate-comps › what-are-compsWhat Are Real Estate Comps? – Real Estate Worldwide - REWW

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   Comps are a critical part of investing in real estate. They are especially important to property wholesalers, and their clients. This can also be a confusing part of the process of buying, selling, and flipping houses. Master comps and you’ll have an edge in the market, find better deals, and make more money.

6. blog.realeflow.com › understanding-real-estate-compsHow to Find Real Estate Comps - Realeflow

   blog.realeflow.com › understanding-real-estate-comps

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   Step 1: Understand Your Property's Characteristics. Begin by clearly defining the key features of your property, including its size, age, style, condition, and any unique attributes. This initial step is crucial as it sets the criteria for selecting comparable properties, ensuring you're comparing apples to apples.

   • Author: Greg Clement

7. www.forbes.com › real-estate › real-estate-compsWhat Are Real Estate Comps? – Forbes Advisor

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   Jan 10, 2023 · Agents. Real estate agents can use comps when it comes to both selling and buying. Comps come in handy during the selling process because it helps agents determine if the price they’re listing ...

8. People also ask

   What is a 'comp' in real estate?

   • Understanding a Key Real Estate Tool Whether you're buying or selling a home, comparing similar homes can yield a wealth of helpful information. “Comps,” or comparable sales, is a term anyone on either side of a real estate transaction should know well.

   What Are Comps? Understanding a Key Real Estate Tool - Zillow

   www.zillow.com/learn/what-are-comps/

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   How do real estate agents use comps?

   • Real estate agents can use comps when it comes to both selling and buying. Comps come in handy during the selling process because it helps agents determine if the price they’re listing is fair. When it comes to buying, agents can help their buyers find homes in their price range based on comps.

   What Are Real Estate Comps? – Forbes Advisor

   www.forbes.com/advisor/mortgages/real-estate/real-estate-comps/

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   Why are comps important in real estate?

   • Comps are an asset to a lot of people in real estate. They’re important to homebuyers and other groups as well. When listing a home, sellers need to know what other, similar homes in the area sold for recently. This gives them a reasonable expectation of market conditions and what price they should set on their house.

   What Are Real Estate Comps? – Forbes Advisor

   www.forbes.com/advisor/mortgages/real-estate/real-estate-comps/

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   How do homebuyers use comps?

   • Homebuyers use comps to see how other homes in the area sold based on similarities. It helps buyers determine if the home they’re looking at is reasonably priced. If it’s got a high asking price, buyers can use comps to negotiate. Real estate agents can use comps when it comes to both selling and buying.

   What Are Real Estate Comps? – Forbes Advisor

   www.forbes.com/advisor/mortgages/real-estate/real-estate-comps/

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   Can real estate comps help you buy a home?

   • Buying a home is an all-encompassing process. It’s like a part-time job that requires hours of research, work and money. The last thing you want to do is pay more than you need to for a home. And that’s where real estate comps come up. You can use comps to help you find the right home in your budget for the best price.

   What Are Real Estate Comps? – Forbes Advisor

   www.forbes.com/advisor/mortgages/real-estate/real-estate-comps/

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   What does comps mean in retail?

   • The term comps, short for comparables, carries different meanings depending on the industry and context, but generally entails a comparison of financial metrics and other factors to quantify performance or determine valuation. In retail, it refers to a company's same-store sales compared to the previous year or a similar store.

   Comps: Definition, How They're Used in Analysis, and Example

   www.investopedia.com/terms/c/comps.asp

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9. blog.realeflow.com › what-are-real-estate-compsComps 101: Mastering Real Estate Investments - Realeflow

   blog.realeflow.com › what-are-real-estate-comps

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   Comps are properties with similar characteristics such as location, size, condition, age, style, and amenities. The more alike, the better the comp, and the better informed you are. The Nitty-Gritty of Real Estate Comps. In the world of real estate, it's all about specifics. When evaluating comps, consider factors like: Proximity: The closer ...