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Tracie, Real Estate Pro in Tampa, FL

When preparing a BPO, what is more important when choosing sold comparables? Distance to subject or Date sold

Asked by Tracie, Tampa, FL Tue Mar 3, 2009

Which comps would you choose first: closest to subject but older sale or most recent sales but a little further away? Thanks for the imput.

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I would look at most recent sale but a little further away. I just had a conversation with a seller today and I used homes that were just over a mile away because there just weren't any current enough sales in his immediate neighborhood to justify the current sales price.
0 votes Thank Flag Link Tue Mar 3, 2009
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