Comparative Market Analysis

The key to setting the correct price is to determine today's market value. No two houses are identical and it's not possible to predict with absolute certainty what a buyer will pay. However, the best indicator is recent, similar property sales in your area called 'comps' - comparable sales. The process to produce 'comps' is called a Comparative Market Analysis (CMA).

I have access to local sales data and can give you an estimate of an appropriate selling price. I do this at no cost or obligation to you.

The procedure to produce a Comparative Market Analysis Report is to:

• Review your home in terms of the immediate neighborhood,
• Evaluate the current real estate market trends,
• Assess the condition of the house and landscape, and
• Search the database for recent comparable listings and sales in your area.

In the end, you will receive a price based upon an objective viewpoint, business acumen and an educated eye. The recommended selling point takes into account all of the important factors specific to your situation. Together, we determine the price that generates the most buyer interest and best return on your investment of time, energy and money.

When you have a CMA completed on your property, it adds objectivity to what can become a subjective process. Whether you use the Report to price your house to sell today or use it as a benchmark for future pricing decisions, it will give you a clear indication of its current market value.

If you are interested in having a CMA completed on your property, click here to send me an email. Please include your phone number and when you prefer to be contacted.