Question on Comping Properties 🏡
I was watching Brent Daniels break down his comping method, and what he did was take the listing prices of the subject property from Redfin, Realtor.com, and Zillow, then divide by 3 to get the ARV. But from my understanding, comping is usually done by pulling 3–6 similar sold properties around the subject property, then adjusting based on size, condition, and features. Curious—how are you guys comping your deals? Do you use Brent’s approach or stick with sold comps?