Nov 26, 2019 · What are comps in 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 …

Feb 11, 2025 · Real estate comps, also referred to as “closed comparable sales,” are recently sold homes in a specific area that share similar characteristics with the home you’re selling or …

Feb 24, 2025 · Agents, buyers, lenders, and sellers use recent sales of comparable homes to determine the fair market value of a property. These are commonly called comps. Factors …

Jan 10, 2025 · Real estate comps, short for comparables, are a way to gauge how much a property is worth by comparing it to other, similar properties. Real estate agents and home …

Determining the right price for a property is one of the most critical steps in real estate investing. Simplify the process with our powerful tools designed to provide fast, accurate property …

Mar 14, 2025 · Used to determine a property’s current market value, comps are an essential part of successful real estate transactions. Real estate comparables — colloquially referred to as …

Real estate comparables, or “comps,” are similar homes in the same neighborhood or somewhere nearby. Learn who uses real estate comps and how to find them.

Learn what real estate comps are, how they’re used to value properties, and why they’re crucial in residential and commercial real estate transactions.

Oct 31, 2022 · So what exactly are comps? Short for housing "comparables," comps are a way to help you figure out what a home is worth based on the recent sales prices of similar properties …