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How to pull comps/ Work with investors
Hello!!
Any tips on how to pull comps? I have come across a lot of information but feel that it is inconsistent. Specifically when it comes to pulling comps to provide appraisers when the appraised value doesn't meet the contract price. As an example, I am working on two low appraisals for two different listings. On the first, I pulled comps utilizing similar sq ftg, age, neighborhood, and bed/bath count and the appraiser told me he couldn't utilize those because they are different floor plans. However, the appraiser on the second listing did utilize different floor plans with similar sq ftg, bed/bath, age, and neighborhood. I'm an agent in Aurora, Colorado and my main business is with investors. Any tips/suggestions are greatly appreciated. Thank you.