A comp is a price comparison - against other similar boats that have sold in the past few years. There are databases that list all of the reported boats sold and the prices they reportedly sold for so you can figure out 1) How to price your boat, or 2) What to offer on a boat.
s/v "Pelican" Passport 40 #076- Finished Cruising - for the moment -
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"Don't dream your life, live your dream" - Bob Bitchin'
"I'll see it when I believe it" - Me