Fernando
Elite Member
- Joined
- Nov 7, 2016
- Professional Status
- Certified Residential Appraiser
- State
- California
Technically it's off market. Listing agent had a contract and then put it in the MLS without letting other brokerage have a look at it.No.....my hoppy is Voodoo Ranger IPA's...
Why would I use an off market listing as a comparable? As George pointed out, it doesn't fit the definition of market value as it was not exposed to the open market. So, I wouldn't care about it.
So yes Fernando, I'm a real appraiser, a real surfer and a guitar slinger too....
Usually has "For Comparison Only" as remark and I have to call and find out the circumstances.
When few comps available, have to use what I have and make extra effort and consideration.