Home Pricing

The Comparative Market Analysis (CMA)

Compartive Market Analysis pr CMA uses Comparable homes

A home seller's first thought when it comes time to sell is what is my home worth? But no only does a seller want to know what their home is worth but more importantly, how much will they net from the sale of my home. This is when a homeowner turns towards a REALTOR or a Real Estate Agent to prepare a Comparative Market Analysis or CMA to determine the fair market value of a home. The single most important thing you need to do when selling a home is to price your home correctly. Your CMA … Continue reading...

Understanding Fair Market Value of a Home

understanding fari market value in real estate

At the crux of every real estate transaction underlies fair market value. Of course a buyer wants a great deal on a home, and of course every seller wants the most amount of money they can get for their home. But, at the end of the day most homes sold through a real estate agent in the Multiple Listing Service will sell for fair market value. Definition of Fair Market Value Of A Home Lets define fair market value of a home. the most probable selling price for a specific … Continue reading...

Don’t Short The Home Selling Process

There is a process to selling your home. The process to selling your home involves more calling an agent to slap a sign in the yard. Once you have the thought of selling your home, contact an agent and get an overview of the home selling process. Make the home selling process work for you. Most home sellers expect to get top dollar for their home and want it sold quickly with few hassles. If this is your expectation when it comes time to sell your home don't short the … Continue reading...

What Home Sellers Need To Know To Successfully Sell Their Home

If you are a first time home seller or haven't sold a house recently you probably have a lot of questions and wondering what is involved. I have put together what home sellers need to know to successfully sell their home. There are many aspects that go into selling a home. And, for the first time home seller or for someone that hasn't sold in awhile there is much to know. In the 18+ years I have been in the business there has been some major shifts in how buyers buy and … Continue reading...

Your Home Is Only A New Listing Once

In Massachusetts home that are new to the market show up as a "NEW listing" for four days. From a marketing standpoint your listing is only new once. It is important for a seller to make the most of the first few days to the first couple of weeks of their new listing. The new listing period thru the first couple of weeks is a very critical time for the sale of your home. It is the period that will get the most amount of attention from the very best buyers. If it all … Continue reading...

9 Reasons Why Sellers Overprice Their Home But Shouldn’t

9 Reasons Why Home Sellers Overprice Their Homes But Shouldn't

There are several key components that go into a very successful home sale. But the most critical of all the components is getting your home priced correctly. Yet their are always multiple reasons why sellers overprice their home. Some home owners will unwittingly overprice their homes and others will do it on purpose thinking it gives them an advantage. Overpricing your home is never a good strategy when selling your home. In the long run overpricing your home may ultimately cost you … Continue reading...

What Every Listing Agent Wished Their Home Sellers Knew

I proposed "What Every Listing Agent Wished Their Sellers Knew".... well I received some great responses from some very competent listing agents across the country. For some sellers listing a home may seem like a mystery. But these agents know what they are doing.... from helping you prepare your home, pricing properly for the market and presenting it to the public, these top listing agents have the experience and know how to help you. What Every Listing Agent Wished There Home Sellers … Continue reading...

How Much of A Price Reduction Should I Have on My Home?

Every home seller has high hopes their home will sell immediately and that there home is priced just right. Unfortunately for some home sellers that is not always the case and they will be faced with reducing the price of their home if they truly want to sell it. You will be left asking how much of a price reduction should I have on my home. Pricing your home right from the start is ultra critical yet it doesn't always happen. Sometimes determining the fair market value of … Continue reading...

The Price You Set for Your Home Determines 9 Aspects of Selling Your Home

The price you set for your home determines 9 aspects of home selling

Of course you want to get the most amount of money for your home. That is natural. But the price you set for your home will determine many things thru the life of your listing.... not just how much you net in your pocket. At the end of the day properly pricing your home boils down to the comparable homes that have sold around you. Your real estate professional should prepare a report or CMA for you to understand what similar nearby properties have sold for in the recent … Continue reading...