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Perhaps the most frequent and
important question homeowners ask is "Exactly what is my home
worth?"
It is likely that your home is one of the most valuable
possessions assets you have. With this in mind, we wish to thank
you for placing your trust in me to help you with this process.
We welcome the opportunity to serve you. Please contact me with
any questions you may have, should they arise now or anytime
down the road.
There are a few ways to determine the value of your home.
1) Get an appraisal
An appraisal is a licensed Appraisers professional study of a
property's market value, based on recent closed sales of similar
properties, comparing location, square footage and construction,
quality & condition. An appraisal costs the homeowner on average
about $350- $450.
2) Have a Realtor provide you with a CMA
A comparative market analysis or "CMA" is a projection of a
homes market value performed by a Realtor based on several
things in addition closed sales, they will factor in the
following:
-Similar properties now for sale at the time as your
competition.
-Similar homes that failed to sell.
-Seasonal and economic conditions of the current real estate
market.
-Condition of the home and improvements to the home.
A CMA is a more accurate valuation estimate vs. an appraisal.
Producing an accurate CMA is much more involved then an
appraisal-most Realtors will however provide this service at no
cost to prospective new clients.
Accuracy is key in providing a CMA
-This is where an experienced agent is invaluable. to produce a
good CMA, The Agent should be known for working extensively in
your area, Knowing which comps to select and assessing the
attributes of the comps, they will produce a truly accurate
analysis of the value of your home.
Our concept is simple
-If we provide a CMA for your home, this is our testament of
what we feel we can sell your home for if you list your home
with us. -We know that you will expect us to perform!
Proceed cautiously when comparing multiple cma results.
-Some agents will produce an aggressively high CMA value in
hopes of getting your business then go back and ask you to
reduce your asking price as the home has not sold. -The Agent
may not be experienced with the area and suggest you list you
home below the actual market price. We suggest you check their
track record. Talk to their past clients and ask them if the
agent delivered what they expected.
When considering us for the job- we invite you to contact our
current clients for this, in fact we even supply you with their
phone numbers.
Our first goal is to help you establish a market price that
represents top market value, without going so high that it does
not sell at all. This can only be accomplished by thoroughly
understanding the market. To help you in this regard, you will
find a detailed market analysis attached. It has been diligently
prepared to insure that you feel comfortable and confident that
this price is accurate.
Additionally, should you decide to sell your home, please
consider us for the job. I am confident that you will be
represented by an agent and organization that are determined to
assure that this entire process goes as smoothly and positively
as possible.
Our track record is impressive-our results reinforce our
commitment to producing an accurate analysis.
Why choose us for this- Plain and Simple…We work hard to get
you results!
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