Comparative Method Flashcards by Max Pullen

Q

Six steps to the comparative method

A

Search comparables
Confirm details and analyse headline rent
Assemble schedule
Adjust comparables using the hierarchy
Analyse comparable
Report value

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Q

Hierarchy of evidence

A

Category A: direct comparables
Category B: general market data
Category C: other sources (interest rates)

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Q

How to locate comparables

A

Online (AI)
Contacts (agents)
In house records

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