Comparative Market Analysis Knowledge-Realtor Tom Gilliam

Comparative Market Analysis

It would be a mistake to take the word of an appraiser about what your home is actually worth on the market, but a Comparative Market Analysis is the next best thing. You will get different appraisals that yield different results. An agent who specializes in real estate can do a Comparative Market Analysis based on your specific neighborhood and its features.

Well, you’ve decided to enter into selling real estate. Well, except for the fact that there is so much information that you have no clue how to begin. Don’t fret, real estate selling tips are here! Listed below are some tips that will help you get started and organized so that you can successfully sell real estate.

Inexpensive kitchen updates can play a major role in the appeal and value of your home. Adding one eye-catching appliance, like a stove or refrigerator, can make the kitchen more attractive to buyers. Island fixtures add extra counter space, while hanging storage de-clutters the cupboards and serves as ornamentation. Michigan real estate market analysis - Realtors and home sellers comparative market analysisNo wonder they are such popular upgrades. Rather than investing in the replacement of all the cabinets, try a new paint job, which is much less expensive for a new look.

Improving For Best Price

Improving your home’s curb appeal will help you to sell your residence faster. Your lawn is one of the first things a buyer sees as they pull up to your house, and it is one of the last things they see as they leave. Your yard can make a huge impression on the buyer’s overall feeling about the house. Repair your driveway and tidy your yard to make a good impression.

Sellers are more motivated and inclined to negotiate during the fall months. They may have rejected offers during the spring and summer months that they would be more than happy to accept this late in the year. If a home that you looked at earlier in the season is still on the market, go back with a low offer and it may be accepted.

When you have your home assessed and inspected in order to sell it, don’t automatically assume the assessor and inspector recommended by your real estate agent are the best choice. Selling a home is probably one of the biggest financial transactions you will ever make. You need to be sure that the people responsible for determining the value of your home are trustworthy. A Comparative Market Analysis can help you determine what other homes similar in your area have sold for , it is suggested that it be within the last six months as the housing market changes rapidly at time.

Why a CMA?

Comparative Market Analysis is an important first step in Selling a Home in the Greater Oakland County Mi area, it is full of statistics and other criteria that a Realtor like myself uses to determine what the value is of your home in comparison. The Comparative Market Analysis can also be used for a Home Buyer to determine if they are paying to much for a Home they are considering making an offer on. The CMA is the best tool we have in our arsenal to help you and work with you towards your Home Selling or Home Buying needs. If you are interested in getting a CMA on your current property for free and no obligation please fill out the form below and I will have it to you in no time.

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