What is the Value of My Home?
Whether you're selling your home, buying a new home or just curious, there are a number of approaches in determining the value of your property. The most common methods used by Realtors are the FREE Market Analysis (CMA) or Estimate of Value.
The ideal price for any home is described as its "comparable market value" or "fair market value." The closer your price is to this figure, the higher the probability of a sale. Estimating this value accurately is one of the most beneficial services Real Estate Alliance Group can provide. When it comes to selling a home, correct pricing is ninety percent of the battle in which case a price that's too high will attract few potential buyers and even less offers! On the other hand, a home that is priced to low may cost you thousands of dollars!
While keeping in mind that a Comparable Market Analysis is usually prepared by a Realtor, here at Real Estate Alliance Group, our Real Estate Specialists take advantage of every available resource to determine the highest return on your investment including but not limited to the Multiple Listing Service, County Records, Foreclosure Radar and more!
While there are many factors involved in determining the price of your home and how long it may take to sell, if you understand these, you'll be more comfortable with the sales process, setting the price and marketing your home!
For more information contact Donna Denton 916.765.5001 for a FREE No-Obligation Confidential Consultation and FREE Market Analysis.