The Value of a Competitive Market Analysis
Monday, April 04, 2011
The Value of a Competitive Market Analysis
As we enter the Spring housing market, sellers have a tremendous opportunity to reach a wide audience of potential buyers.
It is important that sellers consult with a knowledgeable professional at the start of the spring market. Each buyer is looking for a home with the best combination of price, location, condition, and amenities. Ask your agent to compile a new CMA with the most recent market statistics available. Pay special attention to pending and closed sales in the last 60-90 days, and review market trends for homes in your price range and area. Statistics tell us that pricing your home competitively from the beginning will lead to a faster sale, and net you more money in the long run.
