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What is queen of comps?
Queen of comps is a report that compares the sales price of a property to similar properties in the area.
Who is required to file queen of comps?
Real estate agents and appraisers are typically required to file queen of comps when evaluating a property.
How to fill out queen of comps?
Queen of comps is filled out by researching recent sales of similar properties in the same area and comparing them to the property being evaluated.
What is the purpose of queen of comps?
The purpose of queen of comps is to determine the fair market value of a property based on recent sales of similar properties.
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Information such as the sales price, location, size, and condition of the property must be reported on queen of comps.
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