Home Market Analysis Explanation
The correct selling price of a home is the highest price
the market will bear that is acceptable to the seller. To assist you
in determining the correct asking price for you home, we have provided
you with a comprehensive Home Market Analysis of comparable properties
in this area that have been recently offered for sale. This analysis
is based on homes that can be considered similar to yours, and has been
specially prepared just for you.
This comprehensive property analysis is divided into four
categories:
- Similar properties that are currently listed
- Similar properties that have recently sold
- Similar properties that have sales pending
- Similar properties that failed to sell
Be careful studying the comparable property locations, features, and
the terms under which they offered, we can develop a clear picture of
the potential market for you property and help you price it accurately.
By looking at the similar properties currently listed, we can see exactly
what alternatives a serious buyer has to choose from. These are the homes
your home will be competing with for the attention of the buyers. We can
also be certain that we are not under pricing the property.
By looking at similar properties that have recently sold or are pending
sales, we can see what buyers have actually paid over the last few months.
While we naturally want top market value for the home, we can agree that
there's a point where the price would be too high. By looking at similar
homes that didn't seel, we can accurately determine what buyers won't
pay and be careful not to get too close to it.
By doing our homework diligently, we can help you get maximum dollars
in a reasonalbe short period of time.
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