- Sep 23, 2004
- Professional Status
- Certified Residential Appraiser
Selling agent wants me to use a house across the street from Subject as a Comparable Sale. The Subject is new construction. The house across the street was not put on MLS. According to the selling agent, the house was sold before she could get it on MLS. She said it was not a custom home, but the buyer's were driving through the neighborhood and put an offer on the house before it was completed. I am hesitant to use it because of it's lack of exposure to the open market. The LO wants a current sale in the Subject's immediate neighborhood. And this is the only one that I can find. Wyoming is a non-disclosure state. But I called the court house and it has transferred ownership on the date that the seller said it closed. This sale would be Sale No. 7 in my market grid. I need to know if you would consider this secondary data that I could use, without putting any weight on it. Thanks for your help.