Getting To Know Your Market
A Comparative Market Analysis: CMA is in an indicator of what today’s buyers are willing to pay for a home. It compares your offer price to other sold prices or listings in the neighbourhood.
Those that have recently sold represent what buyers are willing to pay. These homes currently listed for sale, represent the price sellers to obtain. Those listings that have expired were generally overpriced or poorly marketed.
As your Real Estate Professional, I will prepare a comparative market analysis for the homes that you are interested in, based on the most current market information. Together, we will establish the proper price when submitting an offer.
“The Market ultimately determines what the true market value of a property.”