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Barbara Wilson's Tip of the Month

Tip of the Month :: September 2005

 

Priced to Sell, Not Sit

The best way to judge market value and ensure you get the best price is to obtain a Comparable Market Analysis (CMA) from Barbara Wilson, Medina County's #1 Real Estate Agent. This analysis of homes in your area includes those that are currently on the market, expired from the market, pending a sale or already sold. Of course the best indicator of your home's value is the sale price for similar homes in your area that have already sold. The comparison is based on several factors, including the proximity to your home and the similarity of characteristics, such as lot size, square footage and number of bedrooms and baths. The goal is to obtain a balanced market view looking at four basic groups:

  • Current listings to identify "the competition."
  • Recently sold homes to indicate what buyers are willing to pay.
  • Homes with a sale pending to point to current demand for this type of home.
  • Expired homes to suggest what buyers are unwilling to pay.

Contact Barbara Wilson to receive a professional Comparative Market Analysis to find out how much your home is worth. It's the first step to making sure your home is priced to sell!

 

Bringing Buyer & Seller Together
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