home sales in central ct: How Good are You at Negotiating?
- 02/19/16 10:39 AM
How Good are You at Negotiating? That was a question that came from left field from my buyer client and caused me to ponder the purpose of that question before I responded. This client was getting upset at not being able to find a home to purchase. Part of the frustration was the size of the house needed and the amount of money she was able to spend. The additional frustration was borne of the lower than normal inventory for being in winter. Her thought was to go well beyond her upper financial cap and attempt to get the sellers to negotiate down to
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home sales in central ct: What's the Difference Between an Appraisal and a Comparative Market Analysis
- 09/09/15 06:06 AM
What's the Difference Between an Appraisal and a Comparative Market Analysis No proper real estate transaction can completed unless the true value of the house is determined. Most real estate agents will look into closed sales to use as a guide to reaching a Fair Market value for the subject property. This would be considered a Comparable Market Analysis, or CMA. In researching the CMA, like properties are selected, as close as possible to the subject property and normally no sales beyond 90-120 days. Adjustments are then made for differences in the properties using the subject home as the base and making dollar
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