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Calculating comps...

Posted by 2nd Fred on April 07, 2003 at 9:17 AM

Hi Ward,

What's the trick to figuring out what a piece of property is really worth? When I use the comps services (realnet.com, MSN House & Home, Chigago Title) I get different numbers from each. Then the difference between low and high is usually around $50,000. With a spread that large, how can you even get close to figuring your profit? Should I be using an appraisal service?

Thanks,
Fred


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