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  • cgshumway

3 times you'll need real estate comps

Do you know when you might need your agent to pull sales data on similar homes (aka comparables or “comps”) for a property? Here are a few scenarios:

🏡 You’re preparing to sell. We can help you set an ideal list price based, in part, on what homes like yours have sold for in the recent past.

🏡 You’re thinking about buying. We’ll use comps to assess whether or not a home’s asking price is reasonable and help you come up with a data-driven offer.

🏡 You're taking out a home equity loan. Comparables can help you estimate your home’s value — and if an appraisal comes in low, you can use comps to contest it.
Need some comparable sales data for your property? Don’t hesitate to reach out!
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