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Podcast: Tim Andersen, The Appraiser's Advocate Podcast
Episode: Just What is a COMPARABLE Sale? - TAA Podcast 085
Description: Whatâs a comparable sale? Does USPAP answer this question? (spoiler alert: NO!) Can the GSEs answer this question? (same spoiler alert!). Youâre an ethical, curious, well-trained and well-educated appraiser. What are you going to do? In this podcast, Tim Andersen, The Appraiserâs Advocate takes a stab at the answer! Think highest and best use since that is the key to a comparable sale. There is no âofficialâ definition of a comp. But the best description, however, is one with the same highest and best use as the subject.
There are sales and then there are comparable sales...