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The
first step to putting your house on the market is having a FREE
Comparative Market Analysis done on your home, which is known in
the industry as a CMA. A CMA is used to help establish a realistic price
range for a home.
- A review of comparable
properties in the immediate area currently on the market.
- The number of bedrooms
and bathrooms, lot size, architectural style, square footage,
special features, such as: a swimming pool, spa,
panoramic city, mountain or ocean view, year built, location,
asking price and number of days on the market.
- A review of comparable
homes currently under contract (in escrow) with all available
pricing information.
- A review of comparable
properties that have closed in the past 6 months, with final selling
price.
The key to
remember about a CMA is that, it will give you the hard numbers
necessary to reach a realistic pricing decision. |
