Pink House Team
I, Pamela Madore, am not an appraiser. An appraiser is licensed and trained to do an appraisal. To get a license an appraiser needs more than 150 hours of classes. Then testing, testing, testing and training.
My point is that appraisers are trained extensively to find property values and as Realtors we have minimal experience in comparison. However, we are trained enough to be able to compare properties that are for sale and those that have sold. That is called a Comparative Market Analysis (CMA).
We always have to remember that the value of the property is worth what someone will pay. The advantage an appraiser may have is that we have found a buyer that is willing to pay X amount for your househouse.
I like to do a CMA at the beginning of the listing process and then every couple of weeks after that. There are times when the market is stable enough so that there isn't any change. At the moment, however, our market is changing sometimes even weekly.
It is easier to do a CMA in City View, for instance, than in River Road. In City View the properties are similar. In River Road there is a large variety of property types.
As an agent I do the very best that I can to make your CMA relevant. The test is, of course, whether or not we get offers. If we don't get offers within the first 3 weeks we may have miscalculated the value. A price reduction would be in order.
I constantly want to improve my CMA skills and make this offer to anyone in the Amarillo area whether or not you are thinking of selling your house. Maybe your are just curious about how much your house is worth?? No obligation at all. I would like to practice, practice, practice. Just like an athlete, the more your practice the better you get. The whole Pink House Team wants to do the very best for our clients!
Contact me today!
Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121