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Understanding Market Value
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Market-sensitive pricing can be the key to maximum market exposure and, ultimately, a satisfactory sale. The existing pool of prospective buyers determines a property’s value, based on: Location, Design, Amenities and Condition. Availability of Comparable (Competing) Properties. Economic Conditions that effect Real Property Transactions.
Factors that have little or no influence on the market value of a house include: The Price the Seller originally paid for the property. The Seller’s expected net proceeds. The Amount spent on Improvements.
The Impact of accurate Pricing: Properties priced within market range generate more showings and offers, and sell in a shorter period of time. Properties priced too high have a difficult time selling.
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FREE Comparative Market Analysis for Venice and Sarasota Sellers
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Online Reports
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Selling your home is an involved process that affects your family and your future. Before you begin this process, you'll want to ensure that you have the most up-to-date information. When should you sell? How do you get the best price? What kinds of renovations should be made prior to the sale? These home selling reports will assist you in answering the many questions that arise during the home selling process. When you're armed with the right information, and an experienced real estate professional, you'll be closer to reaching your goal - selling your home fast, and for the best price. It is essential that the buyer or seller be aware of all aspects of the real estate market before making a major decision. Whether it be through newsletters, checklists or news articles, we are here to make this process stress-free and rewarding. Please access our free reports today! Contact us if you have any questions about selling your Venice or Sarasota home. |
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Home Evaluation Form:
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The correct selling price of a home is the highest price that the market will bear. To assist you in determining the correct asking price we provide you with a comprehensive market analysis of comparable properties sold and offered for sale in your neighborhood. To provide a more detailed Comparative Market Analysis, we would be more than happy to also assess your home in person. Simply enter your criteria below, and we will provide you with a speedy response. The more information given, the more accurate the evaluation. All information you provide is secure and will be kept strictly confidential. There is no obligation. Please indicate when you are thinking of selling and if you are moving within the Sarasota Metro area or relocating outside Sarasota. |
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Market-sensitive pricing is the key to success
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| Market-sensitive pricing can be the key to maximum market exposure and, ultimately, a satisfactory sale. Determining a Market – Sensitive Price An impartial evaluation of market activity is the most effective way to estimate a property’s potential selling price. A Comparative Market Analysis (CMA) considers similar properties that: - Have sold in the recent past: This shows us what buyers in this market have actually paid for properties similar to yours.
- Are currently on the market: These are properties that will be competing with yours for the attention of available buyers.
- Failed to sell: Understanding why these properties did not sell can help avoid disappointment in the marketing of your property.
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