Distorted Comps in Real Estate: When Low Sales Skew Values
https://newgenadv.com/2025/09/....distorted-comps-in-r
In real estate, “comps” (short for comparables) are one of the most widely used tools to determine a property’s value. A comp is essentially a recent sale of a similar asset in a similar market, used as a benchmark. Real estate brokers, investors, lenders, and appraisers rely significantly on comps because they allow them to determine fair market value quickly without the need for complex models.
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