- Feb 8, 2016
- Professional Status
- Certified Residential Appraiser
- New Jersey
I have pushed to do a REO for a client and have been working with 2 appraiser with over 25 years each. Looking for some other opinion on how I comp the report. I did as is sales, and 2 actives like a regular report then did 3 for REO addendum that were as repaired listings. One guy said don't do as repaired for REO and he also said just use 3 sales on your grid and no listings. What is the best way to do it? Ive seen it with 2 actives in grid and no actives in grid. Also should my REO addendum listings be as is listings?