What are “Comps”? And what is your agent doing when they say they are “running comps”?

“Comps” is short for Comparable Sales and they are determined through completing a Comprehensive Market Analysis (CMA). Your agent is comparing the “subject property” – the house you want – with comparable homes in order to estimate the probable selling price of a property, typically…

Sold in Laurel!

Sold! This spacious townhouse in Laurel officially closed today. And Otto got some gifts from the lovely seller so it’s a pretty wonderful day all around. Working with a client who is the type of person who buys your dog gifts at closing… priceless. It…