Intro to Comping

Comping involves evaluating a property’s value by comparing it to similar homes recently sold in the same locality. This process is essential in real estate for appraisers, agents, and investors to gauge accurate market values and potential investment returns. By analyzing recent sales of comparable properties, comping enables professionals to make well-informed decisions regarding property pricing, purchases, sales, or investments, ensuring transactions are grounded in current market dynamics and property specifics.

In just two concise modules, you’ll delve into:

1. The Fundamentals of Comping
2. Using Tools to Compare Properties

Let’s get started!