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How Appraisers Calculate Adjustments on “Comps” (Part 2 of 2)
J. Chris Tricomi, MAI, SRA
Picking up where we left off in Part 1, let’s dive into how an appraiser analyzes the tangible differences among comparable sales, and makes adjustments to develop the subject property's market value.
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There’s More to “Comps” Than Meets the Eye (Part 1 of 2)
J. Chris Tricomi, MAI, SRA
If you are in the market for buying or selling a home, the first question that typically comes to mind is: What’s a fair asking price?
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“What’s my property worth?”
John Tricomi
One of the most common – yet least effective – ways to open the dialogue with a real estate appraiser is by asking the loaded question, “So, what is my property worth?”
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