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FREE, Quick, "Over-The-Net" Market Analysis
One of the first steps you will have to take is establishing a competitive price for your property. We will use our understanding of the market to help you understand what properties like yours have recently sold for and to identify a price range that will ensure you a successful sale within your timeline.
To request your free, no-obligation Market Analysis Report, simply complete the form below. We will provide you with a report that you can use to evaluate your sale opportunities and real estate goals.
How much is your home worth?
You'll need to know exactly what it is worth before putting it on the market. As a real estate professional, we analyze home values and determine market prices every day. By comparing your home to recent sales and other similar homes on the market we can quickly tell you what your home is worth. This analysis is known as "Competitive Market Analysis", or CMA. Just fill out the form to give us the information we need and we'll be glad to perform a CMA for your home and provide you the results for free. An Over-the-Net CMA typically takes us about 30 minutes to produce. A more detailed one, in which we tour the property and provide a complete report, takes us about 2 hours to conduct, including our travel time.
At any point in time, there are several homes for sale competing with your home. It is critical to know what's going on in your local housing market in order to price your home competitively and to attract qualified buyers. We will help you determine the market value of your home by generating a CMA report, which will show you a range of prices being paid for homes in your area.
We will also discuss other factors that help us determine the value of your home:
Location...Square footage of your home, and lot....Condition of your property....Buyer demand level for homes in your area....Your motivation.....Availability of financing....Interest Rates
Marketing Factors affecting the sale of your home: Who controls them?
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Marketing Factor |
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Who Controls? |
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Market Position (based on price) |
Seller |
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Saleability/Appeal to Buyer |
Seller* |
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Marketing Program |
Agent |
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Market Value |
Buyers |
We will determine price based only on the factors under your control*:
Property Condition.....Marketing time alloted to sell it....Seller Financing....Warranty
The combination of an accurate Competitive Market Analysis, a precise property evaluation, and a well-executed marketing plan will help you price your home realistically in order to attract the full-price buyer.
Why not just price your home as high as you think you possibly can?
The chart below, from the National Association of Realtors, shows your likelihood of selling at different market values:
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Price % Above Market Value |
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Percent of Homes Sold |
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+15% |
20% |
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+10% |
30% |
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Priced at market |
60% |
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-10% |
75% |
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-15% |
90% |
Realistic pricing means you will:
Capitalize on the first few weeks of high activity and interest. Attract more prospects. Increase the likelihood of receiving higher offers. Minimize the inconvenience of keeping your home ready to show. Accomplish a faster sale.
Remember, your need for money does not increase the value of your home. Pricing too high only means your price will make other homes in your area look like better deals.
Overpricing your home could also make it difficult for a buyer to finance. 99% of all homes are financed. If you overprice your home, a buyer may be denied financing because the appraisal will come in too low to justify the loan.
Timing is critical!
The majority of buyer activity occurs in the first two weeks after a home first goes on the market, and peak sales activity occurs within the first 10 days. Buyers who see a property at a non-competitive price will not be back for a second look. The longer your home stays on the market without an offer, the least your chances are for a full-price buyer.
Please provide all of the features of your home that you can think of (for example: lot size, home size (square footage), decks, porches, patios, garage size (attached or detached), carport size, pool, sunroom, screened porch, upgrades, etc.). Please include your Street Address & town.
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