Thinking about selling your home?

No one wants to sell their home for less than fair market value. In the same way, failing to sell a home because the price is higher than the market can be a costly mistake. These situations are really two sides of the same coin. It is very important to have an estimate of value that is provided by an experienced and reliable source. 

You may ask “What is a Comparative Market Analysis?”  A Comparative Market Analysis, or CMA, is a real estate agent's evaluation, based on local listing and sales data, to determine the probable sale price of a property in the current market. Sellers can use a CMA to help determine a list price. Buyers can use a CMA to help them decide what to offer on a listing they want to buy. The accuracy of the analysis will depend in part on the quality of the data and the skill of the real estate agent who prepares it. The listings used for comparison should ideally be located in the neighborhood, and they should be as similar as possible to the subject property.

To get a complete picture of your local marketplace, the CMA should include information about currently available comparable listings, pending sales, sales that occurred within the last 6 months, as well as information about listings that did not sell during the listing period. These are called expired listings.

You can see that providing a Free Comparative Market Analysis is a valuable service to both buyers and sellers. Remember the service is FREE. Realtors chosen to provide these CMA’s provide this service because they hope that by being of service to you, they will have a chance to list your home when and if you decide to sell. The service is Free. To request your Free Comparative Market Analysis, submit the form below: