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Dave Blinder from eXp Realty in New Jersey discusses the importance of providing market updates and MLS training for new realtors, buyers, and sellers. In this video, he demonstrates how to find comps for a home in Fort Lee, Bergen County. The target property is a single-family home with four bedrooms, three bathrooms, and a finished basement on 0.22 acres, which is considered large for Fort Lee. Regular market updates are valuable for realtors to inform their sphere of influence.