JoeHolmes@kw.com
hlpederson@kw.com
FACILITATION
Why & How It Applies:
A Facilitator is a reduced role in real estate in which services are provided to a seller, buyer or both but doesn’t represent either in a fiduciary capacity. This is done when a seller and buyer are working with each other directly and simply need guidance on the terms, process, forms, pricing, title companies and generally just getting to a closing. This is usually seen when the home is being sold to someone the seller(s) knows like a friend, family member, or neighbor. Real Estate guidance is needed but the need to formally list the home isn’t necessary.
Advantages:
This is extremely cost effective and not a commission-based expense structure.
Less time intensive and very easy to execute.
Convenience & control for the seller.
CMA’s vs. Appraisals: What’s the difference?
An appraisal and CMA (Comparative Market Analysis) are used for the same purpose but are different tools created by different professionals. The end goal of each is to suggest market value for a property by using sales data for similar properties compared to that of the subject property. An appraisal has a specific format to use, guidelines for the comparable sales and adjustments made. A CMA on the other hand does not have a specific form of use or guidelines on past sales or adjustments made to each. It’s more subject to the experience of the person doing the work. We’ll break down the advantages and disadvantages to each report and info and tips on each.
What is market value? - The price a buyer is willing to pay for a property in an open market. CMA
Goal: To establish market value To establish market value
Who:
