Tuesday, March 26, 2019

LBI Real Estate Buyer and Seller Comparable Sales (Comps)

LBI Real Estate Buyer and Seller Comparable Sales (Comps)



Long Beach Island Real Estate

When looking to buy or sell a house in the LBI real estate market understanding comparables sales is a must. A comparable sale is just what the name implies. It is a recent sale that is comparable to a property that you are trying to determine a value for. By using comparable sales or “comps” it is possible to determine the correct value for a home in the Long Beach Island real estate market. In order to do so you have to understand what determines value in the LBI real estate market and how to rate a property.




By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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