Please include the address of the home you want evaluated, along with any home highlights (ex: new floors, updated kitchen/bathroom, new roof, new ac, etc.)
A completed Home Evaluation or CMA (Comparative Market Analysis) is presented in the form of a report, which includes the selling price, detailed information about your home, and the comparable properties that were researched to determine its value.
What can I expect to see in my report?
Don't be surprised if a CMA results in a price range rather than a set price, particularly in markets were there are price differences due to property size, age, architectural style or physical condition.
I will research information about comparable properties in the area, usually using a real estate industry resource called the Multiple Listing Service. This includes:
Expired listings - properties that did not sell during the listing period
Pending sales - listings that have sold but not yet closed
Active listings - properties currently for sale
Properties that have sold and closed within the last 12 months
Why should I get a Home Evaluation (CMA)?
If you want to sell your home, it's not so easy and it's certainly not simple. The value of your home is much more difficult to predict and the information available to home sellers can be untrustworthy. Online home valuation sites are fun to play with, but they are based on past sales, not current market factors. Newspaper listings give you some information, but houses are usually so different that it's hard to compare.
If you don't get a CMA before you list your home, you might try to sell it for the wrong price. Setting the price too low means you'll get less money for your home; setting it too high means it might not sell at all.
The best method available to home sellers to learn their home's current value so they can select the best sale price is a CMA.