Knowing the value of a home is the first step in selling it. Through a Comparative Market Analysis (CMA), I’ll evaluate similar homes in your area, also known as comparables, to help you reach a realistic, competitive price for your home.
What you will learn from your CMA
The sale prices of homes like yours How long it takes for them to sell What their sale prices are in relation to their list prices (the difference between what sellers actually got for their house and what they asked for)
What is evaluated in your CMA
Active listings—properties currently on the market Sold listings—homes that have closed within the past six months Expired listings—homes that did not sell likely because they were unreasonably priced (this gives us a good indication of acceptable market value)