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1-visit an open house (typically on a weekend, but possible on other days). you can use public websites to find this information; zillow, redfin, realtor.com, for example. 2-note any special features and the overall condition of the property. 3-using an online data source (again, zillow, etc.) find 2 comparable properties that have sold. comparable can be defined by time (when it sold), size (square feet of house and/or lot, etc.), use (single family residence or other function), etc. answer the following questions and submit a word or pdf document in canvas: 1-what sales practices did the agent use at the open house (chapter 4)? 2-using comp #1, give an opinion of value for your subject property. note any differences in the properties and why you adjusted the price up/down from the comparable sale. 3-using comp #2, give an opinion of value for your subject property. note any differences in the properties and why you adjusted the price up/down from the comparable sale. 4-using all the information from the comparable sales and the information you gathered on your walk-through, give a revised price opinion for your subject property (not necessarily the asking price).



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