How many comps do I get, and what do extra comps cost?
Download MarkdownYour account's plan determines its included comp allowance. Check the current allowance and recorded usage in CloseMagnet rather than relying on an older plan comparison.
Your account's plan determines its included comp allowance. Check the current allowance and recorded usage in CloseMagnet rather than relying on an older plan comparison.
After an included allowance is exhausted, the application shows the applicable paid-comp requirement. Review the current confirmation and available credit before starting it. A quote or authorization is not the same as finalized usage; use Account & Billing for the recorded result.
Related Articles
- How long does a comp take?The comp engine runs in the background, so you can keep working while it does. When you click Run comp, the form confirms the request right away, and the finished comp appears in your comp list with its ARV, as-is value, and cash
- How do I run a comp?1. Click Comps in the left menu (https://app.closemagnet.com/comps). 2. Click Run a comp to open the comp form. 3. Enter the Street address, City, State, and Zip code. All four are required. 4. Optionally add a Contact name, a Con
- Where does the ARV on a comp come from?The comp engine provides an Engine ARV and an ARV range, shown on the comp's Overview tab under Offer Report Values, next to the as-is value, monthly rent, and the confidence score.
- What are the three offer bands on a comp?Comps no longer use three offer bands. Your offers are calculated under four exit strategies: Quick Cash, Fix & Flip, Novation, and Buy & Hold. They appear as cards in the Offer Strategy Summary on the comp's Overview tab and in d