"Sale comps" refers to a process of comparing the prices at which similar properties have recently been sold. It helps determine the value of a property by looking at the prices of comparable properties in the same area.
Full definition
Synonyms for individual words can be found below.
«sale»
«comps»
Sentences with «sale comps»
- Skills and expertise developed during career tenure include: Account and territory management Sales Trainer Sales pipeline management Marketing strategy Corporate budgeting Strong sales proposal writer Team building expertise Customer satisfaction Highly organized Budget forecasting Budget development Creation of sales comp structure Effective negotiator Excellent listening skills (members.climber.com)
- - Best of all, that same Townhouse appraised for $ 96K last year and may now be worth as much as $ 110K based upon nearby recent sale comps in an appreciating market - so I have both great equity and cash - flow from a property that I have no money in... How great to get a FREE property and help someone in the process, plus provide a great home to deserving tenant. (biggerpockets.com)
- For example, LoopNet's RecentSales service delivers sales comps on commercial property transactions across the United States. (nreionline.com)
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