What the heck is a “Comp”?
In this episode, Blaine discusses how Appraisers define ‘comparable’ sales and what criteria they typically use to weed out the sales that may not be the best ones to utilize in an appraisal. Blaine gives 4 basic criteria he uses when he’s looking at sales in the market and how he decides if they can move from the ‘just a sale’ category to the ‘comparable sale’ category. Grab a pen, a cup of coffee and a bagel and lets get our learn on!
Blaine founded the Real Value Group in 2005 with a vision of having a collaborative office of like-minded appraisers and professionals from other industries all under one roof. The idea worked even better than first planned! Real Value Group became a business incubator for success minded individuals from several industries. Blaine has mentored and personally trained more than 10 appraisers since 2005, most of whom have gone on to build their own successful appraisal firms.