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Do you want an Opinion of Value or a CMA? Toronto

By David Pylyp

Real Estate Agent with RE/MAX Realty Specialists Inc.,

April 11, 2010 12:51 PM

For a little clarity;

Online Property Evaluation
Market Analysis
Comparative Market Evaluation
Instant Property Values

Appraisals are done by licensed appraisers or an Agent may provide an Opinion of Value. Appraisers may testify in court related matters; Banks prefer Appraisers because they are not selling or involved in the transaction.

The Opinion of Value the legal description on the property as provided by Teranet, recent sales from the street (and surrounding neighbourhood) information as drawn from MPAC, general neighbourhood conditions and any other qualifying criteria.

Market value is defined as the highest price in terms of money, allowing a reasonable time period to find a purchaser who buys with the knowledge of the uses to which it is adapted and for which it is capable of being used.

A Home Evaluation (CMA) is used by an agent and home owner to ascertain the market value that one might expect compared with other similar properties that have recently sold. If you would like a market evaluation and are considering selling please give me a call.

If you need an OPINION OF VALUE please give a call 905 361 3387 to schedule the drive by; photo session and report delivery timing.

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Jenny Kotulak

RE/MAX Real Estate Centre Inc., Brokerage - Oakville, ON

Broker - Oakville Ontario Real Estate

Hi David, great info. I saw you on the news the other night. Looks like you are keeping busy.

Apr 11, 2010 02:26 PM

David Pylyp

RE/MAX Realty Specialists Inc., - Toronto, ON

The weekend Open House Activity In Oakville and Mississauga has already softened; the market has already moved slightly, There are fewer buyers out! No one is jumping in the same fashion for multiple offers, and indeed more listings are coming on stream to quench the appetite for product. The News was great! Being on TV is an event all unto itself, shoot shoot stage discuss scripts, delivery dialogue, Minutes in the can... seconds on screen. I can really understand how video production Tv, staging and editting can become so expensive. Your comments are always appreciated!

Apr 11, 2010 10:10 PM

Do you want an Opinion of Value or a CMA? Toronto

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