WHATS THE DIFFERENCE BETWEEN A CMA, BANK APPRAISED VALUE AND AN OFFER TO BUY...HMMM....HOW MANY OF YOUR LISTINGS ARE PRICED AT SELLING PRICE....HOW DO SUGGEST THAT YOUR SELLER RESPOND TO A ''LOW BALL'' OFFER....HOW MANY OFFERS DO YOU PRESENT, IN PERSON, [EITHER TO THE AGENT OR TO THE SELLER,..........WHAT ARE YOUR THOUGHTS ? ? ? BRUCE...
Coldwell Banker Heart of America - Bloomington-Normal, IL
An appraisal is what the bank would be willing to loan for a house. A CMA is generally less. That's what a buyer will be willing to pay. I'm presenting more offers in person than ever before. I don't trust the other agents to tell the sellers the true market picture.
Apr 17, 2010 12:26 AM
Coldwell Banker Heart of America - Bloomington-Normal, IL
An appraisal is what the bank would be willing to loan for a house. A CMA is generally less. That's what a buyer will be willing to pay. I'm presenting more offers in person than ever before. I don't trust the other agents to tell the sellers the true market picture.
Apr 17, 2010 12:26 AM
Coldwell Banker Harris McHaney & Faucette 479-253-3796 - Bentonville, AR
AR REALTOR, Bentonville Real Estate Agent and Broker
Bruce, I'll put my CMA info up against an apprasial anytime as far as nailing the likely sales price. I like to go to the MLS occasionally and study a few examples of solds. I look at the list price vs sold price vs tax record market valuation. Obviously we accept that the market value is the price it sold for.
Apr 17, 2010 12:32 AM
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