- Jan 17, 2002
- Professional Status
- Certified Residential Appraiser
I'm looking at comp where the listing Realtor bought the subject propery directly from the seller. It sold for $158K. The listing Realtor then put the property on the market herself and sold it again (1 month later) for $154K. I'm trying to determine if either of those sales are usable as comps. The first transaction ($158K) might have been motivated by the Realtor wanting a commission-- so she might have overpaid for it. On the other hand, the second transaction is probably more indicative of her just wanting to unload the property- hence the lower sales price. Is either usable?