Quote:
Originally Posted by Fred
Bubble? Needle?
How are comps supposed to work?
Isn't it an average of the latest prices paid? I'm guessing someone can manipulate comps.
Does everyone "buy into" the comps? How do comps work when there are only a few items tracked and the last realized price was because two people bid up the price. Is that a "new" realistic comp?
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See my previous post, #12.