What is your home worth in today's real estate market?
Bob will prepare a comparable market analysis (CMA) on your property, using like properties in your area, at no cost or obligation to you.
Using similar properties in your area as comparables, a CMA is an analysis done by real estate agents to establish a home's market value. It is not an appraisal. CMAs are about facts which can be qualified and quantified. The CMA is typically designed to give quick capsules of information such as number of bedrooms and baths, approximate square footage, size of major rooms, amenities such as fireplaces and pools, age of the home, property taxes, listing agent contact information and more.
CMAs can include homes that are currently for sale and those which have recently sold. They can go back in time as long ago as a year or more, or a week ago. CMAs can cover areas as narrow as one or two streets surrounding your home, or as broad as our entire valley.
The CMA is clearly a selling tool, but like any tool, it doesn't work very well by itself. It takes a skilled person to be able to use it. For this reason, the CMA will always need to be interpreted by a professional or with complete objectivity by the seller or buyer.
Remember that the CMA is also a buying tool; it is taken just as seriously by the buyer and his or her agent. As you and your agent are going to use the CMA to ask the highest possible price for your home, the buyer is going to use it to find reasons to either choose or eliminate your home, and to arrive at the lowest price possible.
Call Bob today at 406.261.5438
or email Bob@JustLiveItNow.com.
610 9TH STREET WEST | COLUMBIA FALLS, MT 59912
Bob Foley is a licensed broker in the state of Montana.
Each office is independently owned and operated.