US EditionThe secret to precise valuations? It’s not what you think
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The secret to precise valuations? It’s not what you think
When real estate professionals talk about “comparable properties,” or “comps,” they’re referring to the backbone of property valuation. Whether you’re preparing a Comparative Market Analysis (CMA) for a seller or advising a buyer, comps are the essential reference points that help determine a property’s market value. But what exactly makes a property “comparable,” and are we missing something by focusing solely on the technical side of the equa…
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