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Updated over 13 years ago,
Pulling comps the right way
I'm a new realtor but I always thought that to pull solid comps on a subject property, you only looked at similar properties that had been sold or closed within the last 60 to 90 days, using a half-mile or so radius. Well, that's what I've been doing for a couple of probate properties. I asked my managing broker to check my work just to be sure, and he used not only sold but active, pending, price changed, etc. At that point, i just knew I'd have to find someone else to check my work.
Am I right on this?