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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Comps aren't flawless, but there's enough data on items that frequently change hands to show you whether a seller is reasonable, out of their mind, or somewhere in between.
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Last edited by Brent G.; 11-25-2025 at 02:14 PM.
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11-25-2025, 02:14 PM
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