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!