Automated comparable selection (automated “comps”) reduces the manual work of finding similar sales and brings consistency to valuations. Automation helps, but you should validate results.
Why automation matters:
Manual comp selection is slow and subjective. Automated systems apply consistent filters — location radius, sale date window, property type, and adjustment logic — reducing bias and speeding decisions.
Key checks for quality comps:
Time window: Prefer sales within the last 6–12 months.
Distance: Use neighborhood boundaries first.
Property features: Match beds, baths, and square footage.
Outlier detection: Flag extreme adjustments for review.
How PricerPro helps:
PricerPro suggests comps, shows adjustment lines, and allows you to accept, edit, or replace comparables. Exportable reports keep everyone aligned.
Takeaway:
Automated comps are a starting point. Combine automation with quick manual validation for the best results.