Posts by David Marino

The Misapplication Of Comp Data In Commercial Real Estate

David Marino on June 05, 2024

In many real estate transactions, buyers and sellers assess the market value of a property using market comparables, or “comps,” of similar recently sold properties. Within residential real estate, comps are powerful indicators of market value since sales can be accurately compared (“comped”) with similar properties based on square footage, condition, age and other features like the number of bedrooms, view, property size and other attributes.