What are comps in real estate?
Real estate comparables, or "comps," are crucial tools in the property market, enabling investors to assess the value of a property by comparing it to similar properties that have recently been sold or are on the market. These comps give an accurate snapshot of current market trends, contributing to informed investment decisions by providing a reliable benchmark for property valuation.
Don't just take our word for it, though. Experience the power of comprehensive market analysis at your fingertips by trying our sophisticated MLS Comps tool below.
*Note: Our full comps tool includes filters and much more. Sign up for a free trial to get our full comps experience.
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