Short sale agents follow a definite process in pricing offers. We normally conduct a comparative market analysis, the same method that’s used in traditional transactions.
Here’s how our team does it. First, we research on market values of homes that were recently sold in your neighborhood—particularly on those with similar features to your property. We take its value and use it as basis in determining the price of our offer.
When putting your Long Island home up for short sale, I encourage you to educate yourself as much as possible. Many will take advantage of your situation and make … (3 comments)
No, it’s not simply guesswork.
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