Auction demo

Value a lot against comparable sales

Price a lot against completed sales you can open and inspect.

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4 minute walkthrough

The challenge

Valuations arrive as a number with no comparables attached, which makes them impossible to challenge.

The scenario

A buyer needs a defensible value for a lot before deciding what it is worth bidding.

What goes in

Target lot
The lot being valued, with its condition and attributes.

What you can ask

Illustrative prompts. Results depend on your own data and are not deterministic.

  • What have comparable lots sold for?
  • Which comparables are you using?
  • How does condition change this value?

How Clearception approaches it

How the work is structured. Each step shows what its output is grounded in.

  1. Find comparables

    Observed

    Identify completed sales of genuinely similar lots.

  2. Adjust for difference

    Estimate

    Account for condition and attribute differences.

  3. Show the basis

    Estimate

    Present the value with every comparable listed.

What you get

The shape of what comes back — not a promised result.

  • Valuation with comparables

    Estimate

    An estimated value and the completed sales behind it.

Why it matters

Challengeable values
You can disagree with a comparable rather than a number.

Auction

Set a maximum bid from landed cost

Work back from value and total cost to the highest bid that still makes sense.

3 minute walkthrough

  • All-In Cost Modelling
  • Comparable Valuation
  • Deterministic Policy Engine

Want to try this with your own work?

Open Auction and bring your own data. No signup is needed to read these demos.