This is a question I hear all of the time. It seems like such a simple question but the implementation of various laws several years ago has confused real estate agents about whether they are allowed to provide sales comparables to the appraiser. Many believe they cannot even communicate with the appraiser, but this is […]
Is it a sale or is it a comparable?
September 13, 2012 By Leave a Comment
You may ask “what is the difference?” A sale is a comparable (comp), right? Wrong! A comp is a sale, but a sale is not always a comp. Does this sound confusing? If so, stay with me and I will try to explain the difference between the two. I hope I can give you better […]
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