| The most common way a home is given an
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| | This is where the agent's experience can
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| approximate value is a Comparative Market
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| | help you. It is VITAL that you first find
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| Analysis (CMA). Most real estate agents
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| | a good agent, and second, that you take
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| will do a CMA as a free service for any
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| | their advice when they give you an
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| prospective client. The CMA is determined
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| | estimated value on your home. Agents are
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| by pulling comparable properties in your
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| | not emotionally or personally attached to
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| general area that have sold in the past
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| | your home. You, as the owner and occupier
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| 4-6 months. The properties are assessed
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| | of the home for years, are most
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| for selling price, time on the market,
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| | certainly! If you watched your kids grow
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| improvements, square footage, and other
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| | up in the home, celebrated birthdays
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| variations that are then used to give an
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| | there, had family gatherings, and painted
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| approximate value of your home. Because
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| | the walls bird-egg blue 10 years ago, you
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| real estate markets change rapidly, a CMA
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| | definitely have value in this home that
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| can be out of date in a few months in
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| | cannot be expressed in dollars. That
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| some markets. It is always important to
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| | value, while priceless to you, has no
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| have a current CMA when considering the
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| | worth to a prospective buyer. That is why
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| sell of your home.
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| | YOU should never attempt to price your
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| CMAs, while based on data, are still very
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| | own home. Let someone who has no
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| subjective. When looking at comparable
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| | attachment to your property take on this
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| properties it may be hard to account for
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| | task. That is, unless you want the home
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| things such as curb appeal, desirability
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| | to sit and languish on the market for
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| of the home's architectural style, etc.
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| | much longer than necessary.
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