Vocabulary: Comparables

Comparables.png
Comparables.png

Vocabulary: Comparables

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πŸ“Š Real Estate Vocabulary: Comparables (Comps/Sales Comps)! 🏑

When pricing or buying a home, Comparables (or Comps) are recently sold homes with similar size, location, and features to the one being valued. πŸ“ˆ

✨ Why do Comps matter?
βœ” For Sellers β†’ Helps price your home competitively.
βœ” For Buyers β†’ Ensures you're making a fair offer.
βœ” For Agents β†’ Provides a data-driven approach to home valuation.

πŸ”Ž Curious about what homes in your area have sold for? Let’s run some Comps! πŸ“©

#RealEstate #Comps #HomeValue #SellingYourHome #HomeBuying #BHGRE #WostalRealty #TheNoffertGroup

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