evaluating comps

[Iverem Rose]

let's say that your subject property is short sale in poor condition, should I only pay attention to the comps of recently sold short sales in same condition or regular resales that are also in poor condition?

[Kevin Hill]

I would look at both, but give more weight to a short sale comp. Short sales generally sell below market value, as the process to close on them usually takes longer than a non-short sale and scares some buyers off.