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Comparative Market Analysis (COMPS)

Comparative Market Analysis (COMPS)

Comps are an analysis of recent sale prices on homes with similar characteristics to a home that a person wishes to sell, in order to estimate the value of the person's home. Real estate agents provide COMPS based on size of property, number of rooms, and amenities.  COMPS are part of a licensed appraiser's analysis, though the appraiser also uses other information, such as the condition of the home, to establish his or her estimate.


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