
Get the free New and Custom Comps Policy - Final
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SWMLSNewandCustomHomesCompsPolicy
1.2.3.4.5.6.7.8.
BuilderwillcompleteandsubmitaCompOnlyListingFormavailableasapaperform, electronic PDF, or online
web form. Thisformwillcontainalltherequiredfieldsandphotosforentry,
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How to fill out new and custom comps

How to fill out new and custom comps
01
Gather all necessary information required for the comps such as property details, location, and recent sales data.
02
Determine the purpose for creating the new and custom comps (e.g. market analysis, pricing strategy, etc.)
03
Research comparable properties that are similar to the subject property in terms of size, location, condition, and features.
04
Analyze the sales data of the comparable properties to determine their market value and adjust for any differences with the subject property.
05
Present the new and custom comps in a clear and organized format, highlighting key details and explaining the rationale behind the selection of each comparable property.
Who needs new and custom comps?
01
Real estate agents who need to provide accurate market analysis to their clients.
02
Homeowners who are considering selling their property and want to understand its market value.
03
Investors who are evaluating potential properties for purchase or sale.
04
Appraisers who need to determine the value of a property for lending or tax purposes.
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What is new and custom comps?
New and custom comps are specialized components or features that are not part of the standard product offerings. They are designed and developed specifically for a particular client or project.
Who is required to file new and custom comps?
Companies or individuals who have requested or commissioned the development of new and custom comps are required to file them.
How to fill out new and custom comps?
New and custom comps are typically filled out by providing detailed specifications, requirements, and any other relevant information to the developers or designers.
What is the purpose of new and custom comps?
The purpose of new and custom comps is to meet the unique needs and specifications of a particular client or project that cannot be fulfilled by standard product offerings.
What information must be reported on new and custom comps?
Information such as project requirements, specifications, design preferences, and any other relevant details must be reported on new and custom comps.
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