The phrase
"sale comparables" refers to similar properties that have recently been sold in the same area. These properties are used as a reference point to determine the value of a property that is currently being evaluated or sold. By comparing the features and prices of these comparable properties, one can estimate the fair market value of the property in question.
Full definition
Both appraisers developed cost and
sales comparable approaches to value, but the appraiser who viewed the property as special - purpose put more weight into a cost - based conclusion, while the other put more weight on his sales - comparison approach.
Mohammed also uses the app to access
recent sales comparables so she can make sure she walks into meetings with the most up - to - date information possible.
Thankfully, gone are the days of having to manually go through MLS listings to research properties and
generate sales comparables thanks to technology bringing us new tools and capabilities that do more.
If the value wasn't there, it only took a little bit of tinkering to find the
right sales comparables to get it right.
Still, it could have an impact on U.S. shoppers» perception of Huawei, Greengart notes, since the phone maker isn't a scrappy startup looking to make a name for itself but a global giant with
phone sales comparable to Apple and Samsung in other parts of the world.
In the olden days, you had to go through the MLS, one by one,
pulling sales comparables to estimate the value of a home for an offer or listing....
We run an advanced algorithm and complete a Rental &
Sales Comparable valuation to come up with an expert property value and rental estimate.
Our comprehensive databases are updated multiple times daily, and they provide address, school, community and
recent sales comparables.
On a national level, CoStar Group of Bethesda, Md., says its services — including online listings, property data,
sales comparables, and tenant information — were a factor in more than 70 percent of U.S. leasing and sales transactions last year.
Not just 1 or 2
sales comparables either — using your apps you can look at all comparable sales in the area if you want and generate averages.
The graphs and comparison grid in
the Sales Comparables Report make it easy to compare the subject property to the other comparable sales, based on key criteria.
These are all conversations and
your sales comparables and home valuation tools are what make you able to have these conversations.
Comps — Slang for «
sales comparables.»
With DataTree, you benefit from a single source for property information,
sales comparables, maps and more, offering transparency and access to quality data from appraisal assignment to completion.
Another methodology that is often used in combination with the discounted cash flow approach is
the sales comparable approach.
A real estate agent can not become overconfident in her role as the real estate expert, because overconfidence in subjective valuations or predictions will never be as accurate as market measures or
sales comparables.
Both benefit from HouseRebate's MLS database that contains addresses and pictures of homes, as well as neighborhood information and
sales comparables.
From appraisal assignment to completion, DataTree is a single source for property information,
sales comparables and more.
We provide you with all
the sale comparables to make the most intelligent offer.
Reis is the nation's most trusted source for property and market intelligence, including vacancy rates, rent levels, cap rates, new construction, rent comparables,
sales comparables, valuation estimates, and capital market trends across nine major commercial real estate sectors.