Real estate blog entries tagged with comparative market analysis by Mike Morgan (Coldwell Banker Residential Real Estate)

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Home : Blogs : Mike Morgan : Mike Morgan's Blog : Tag "comparative market analysis"

comparative market analysis: How a Comparative Market Analysis Can Help You When Buying a Home - 05/03/11 01:31 PM

One of the dilemmas facing prospective home buyers as they search and tour homes for sale is knowing whether or not the asking prices are in line with current values. There is a way to find out. You can start by asking your real estate agent to collect comparables and prepare a Comparative Market Analysis (CMA). This report indicates market trends by showing whether similar homes in the area are selling for above or below the asking price of the home(s) you've selected. Once your real estate agent does his research and gives you a list of comparables, you can figure … (0 comments)

comparative market analysis: How to Price Your Home Under Pressure - 02/07/11 05:09 PM

Deciding on an asking price for your home is challenging enough these days, but you need specific pricing strategies for particular scenarios. This is especially true if you're under pressure to move quickly or your home isn’t selling after being on the market for several months. Here are suggestions for both situations.
If you're facing a deadline due to job relocation or other reasons, then you need to price competitively, even more competitively than expected in today's market. You'll need to list at significantly less than your competition. Think 15% less. That may seem tough to stomach, but it’s better than … (2 comments)

comparative market analysis: Dollars vs. Days – Determining the Best Home Sale Price - 04/19/10 08:33 AM

So you’ve decided to sell your home. That’s an important step. But the next step you take is equally important – setting your asking price. Team Morgan, your Miami-based real estate specialists, recommends that you strive for a balance between generating offers and receiving top dollar for your home.
Your chosen representative will perform a Competitive Market Analysis (CMA) to produce an estimate of your home’s “fair market value,” or that price that educated buyers will pay based on listings and sales of homes similar to yours. The agent will not establish the price, but only provide the information you need … (0 comments)

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Mike Morgan

Miami, FL

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Coldwell Banker Residential Real Estate

Address: 12155 S. Dixie Highway, Miami, Fl, 33156

Office Phone: (305) 253-2800

Cell Phone: (305) 542-2138

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