Building Comp Sets is Easy with redIQ
The comps page will list all deals that have historicals or rent roll data on redIQ. By default, the Historicals option is selected, however a Rent Roll report can be run by selecting the corresponding button above the list of deals.
To Build a Comp Set:
- First, go to edit comp set and input filter criteria to find the right comp properties
- Then select the properties that you would like to compare your deal property to
- Once those have been selected, hit save comps and watch the comp set build itself out
That’s all it takes. Every stakeholder stays on the same page with the click of a few buttons and everyone gets to stay on the same page. Just another way we are making the analysis and underwriting of multifamily properties easier.