Determining Market Value.

The process of determining the market value of a home is quite complex. Recent sales activity and information about similar properties currently on the market are just a few of the primary components.

Real estate professionals use a Comparative Market Analysis (CMA) approach to assess a home's value: a well-executed CMA provides a sound basis for a home value discussion. Ultimately, you must decide the price to ask for your home, factoring in such issues as timeframe, mortgage pay off, and, possibly, purchase price of a new home. Regular feedback from the listing agent will provide information about revisiting the pricing strategy, if the asking price does not generate the desired offers.

A CMA Will Include Comparable Property Information:
• Sales closed within the last 3-6 months
• Properties currently under agreement
• Active listings
• Withdrawn and expired listings

And A Range Of Values Based Upon:
• Neighborhood
• Age of property
• Conditions of property
• Features of property

With A Marketing Plan:
• Tailored to your property
• Detailing the specific services provided

South Shore Real Estate has over 30 years of combined experienced and understands the marketplace contact us for a free no obligation CMA on your property .