Comparable Market Analysis
Many sellers are tempted to list their property at a high price just to see if they can get it. This is not a good strategy. Pricing your home appropriately from the beginning is critical to getting it sold quickly and at the best price. You will get the most interest from your listing in the first couple of weeks it’s listed. Research shows that overpricing your property and then dropping the price several times while it sits on the market and becomes stale usually leads to selling it at a much lower price than what you originally should have asked for it. The longer a home stays on the market, the deeper the discount is likely to be off the original price.
We provide you with a Comparative Market Analysis comparing properties similar to yours by size, age, and features in the same area that have recently sold to help you determine a fair and reasonable selling price for your property.
Comparative Market Analysis includes:
- What properties similar to yours are selling for.
- Comparisons of your property to recently sold properties for size, age, and features.
- How long it’s taking for the comparable properties to sell.
- The sale price of comparative properties in relation to the listing price.
AVAILABLE FOR RESIDENTIAL PROPERTIES IN MICHIGAN ONLY
*Not available for Rental Properties, Manufactured Homes in Parks/Communities, or Commercial Properties*