Rental comps accuracy

[Robert Shoffner]

How accurate are the rental comps using CoStar’s comps? They have an estimated range and then also a dollar amount for that market, sub market, and sometimes the property too.

I’m guessing it is a bit of an art, but how much variance is there from reality? Are they a good guide for determining the rent you’ll be able to charge? Thanks

[Robert Shoffner]

@Ralph Justiz. This is for commercial property, so I wouldn’t be using Zillow or the rents of the houses in the area.