What is a CMA?
(Comparative Market Analysis)
A CMA is a written report which compares your home to homes of similar size and with similar features in your neighborhood which are currently on the market. A CMA also often includes a listing of homes like yours which have recently sold (and how long they have been on the market for), and a listing of homes which have failed to sell.
By looking at these various types of properties and their respective prices, a real estate agent can help you determine a successful market price for your home.
The CMA is usually a two-step process: after gathering all necessary information about your home (which should include a personal inspection by the agent), the real estate agent will then contact you again with the data and estimated value of your house.
|
ARE YOU THINKING ABOUT SELLING YOUR HOME?
Before putting your home on the market and setting a price, it is important to first have an estimate of your home's value.
This can be easily accomplished by having us provide you with a Comparative Market Analysis (CMA) of your home.
There are many factors that influence a home's value and pricing your home to sell can be tricky in any market.
Without an understanding of the market conditions that influence a homes price, sellers can overprice their home, only to realize they are simply extending the time period for a sale.
Your CMA will be provided to you at no cost and without obligation. We provide this service with the anticipation, if and when you decide to place your home on the market, that we will be given the opportunity to be considered as your agents.
Many sellers just realy on just a online evaluation of their home, we presonally inspect and prepare an indepth comparative market analysis. (remember no cost or obligation).
Problems with Online CMA's:
Online home evaluations can be inaccurate.
Online home evaluations ignores your location, that is why we presonally inspect your neighborhood.
Online home evaluations cannot see your home, that is why we walk through and inspect your home.
Online home evaluations ignores the human factors, we learn our sellers motivations, needs, and study the current market conditions.
Online home evaluations data may not be current. We use the most current data for our Multiple Listing Service.
|
Serving only the Boise, Eagle, Meridian, Kuna, Nampa, Caldwell, Middleton, Star, Idaho areas. All other requests will be forwarded to a Coldwell Banker or a real estate professional in your area.
|
We understand that defaulting on your mortgage is a difficult situation. Deciding to be proactive and attempting to resolve your situation is the first step of the Boise Idaho short sale process.
Not Sure If You Qualify For a Boise Idaho Short Sale? Do You:
- Owe more on your property than what you could sell it for, especially after
real estate commission, closing costs, late payments, interest, etc?
- Have difficulty covering your expenses each month?
- Not have money in the bank to cover the difference of what you could sell
your house for and what you owe the bank?
Are You Having Trouble Making The Payments? Are You:
- Feeling the stress mounting with each missed payment and phone call from your bank?
- Borrowing money from other sources to pay your mortgage?
- Getting confused as to what your options are at this point?
If you think it's time to consider a short sale, then it time to contact us.
Dennis Jonas
208-850-7000
djonas21@gmail.com
COLDWELL BANKER TOMLINSON GROUP
|
What Is My House Worth?
The Right Selling Price Affects Your Bottom Line
When you’re selling your home, the price you set is a critical factor in the return you’ll receive. That’s why you need a professional evaluation from an experienced realtor. This person can provide you with an honest assessment of your home, based on several factors including:
- Market conditions
- Condition of your home
- Repairs or improvements
- Time frame
In real estate terms, market value is the price at which a particular house, in its current condition, will sell within 30 to 90 days.
If the price of your home is too high, several things could happen:
- Limits buyers. Potential buyers may not view your home, because it would be out of their buying range.
- Limits showings. Other salespeople may be less reluctant to view your home.
- Used as leverage. Other realtors may use this home to sell against homes that are better priced.
- Extended stay on the market. When a home is on the market too long, it may be perceived as defective. Buyers may wonder, “what’s wrong,” or “why hasn’t this sold?”
- Lower price. An overpriced home, still on the market beyond the average selling time, could lead a lower selling price. To sell it, you will have to reduce the price, sometimes, several times. In the end, you’ll probably get less than if it had been properly priced at the start.
- Wasted time and energy. A bank appraisal is most often required to finance a home.
Realtors have known it for years – Well-kept homes, properly priced in the beginning always get you the fast sale for the best price! And that’s why you need a professional to assist you in the selling of your home.
|
 |
| Use our mls listing map, makes finding a new home easy. |
|
|
|
