About Your CMA

Determining your home’s market value. A comparative market analysis, or CMA, is an effective tool for estimating your home’s value. As a real estate professional, I provide a complimentary CMA to those interested in determining the value of their home under current market conditions. A thorough CMA includes a comparison of similar sold properties, as well as properties currently on the market.

Pricing Strategy Sold Listings

Homes sold within the last three to six months are used as comparable sales to best indicate the current value of your home.

Comparable Sales

Comparable sales are properties closely resembling your home and have sold within a similar time frame. Factors affecting your home’s market value:

Location • Age of Construction

Square Footage • Upgrades & Condition

Market conditions are affected by:

• Interest Rates

• Buyer Demand

• Price of Recently Sold Homes

• State of the Economy

• Seasonal Demand

Factors having NO affect:

• The original purchase price

• Expected cash proceeds from the sale

• What others say your property is worth

• Money needed to purchase a new home

• The mortgage balance on your property

The price of your home is critical to the selling process. Your home must be priced strategically in order to sell for list price but also to sell in a reasonable amount of time. Your home should be priced to appeal to the greatest number of potential buyers. As your agent, I will incorporate your financial goals, the market value of your home and other selling objectives into your personal pricing strategy.

How Soon Would you Like to Sell?

Remember, each step up the price ladder eliminates some buyers. The percentage of potential buyers who will look for property