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How can i find the market value of my house?

  • October 04 2010 - Englewood
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Answers (3)

The most accurate method is to consult with a Realtor that you trust.  As a Realtor, we have access to the most comprehensive data from which we can determine current market value with a very high degree of accuracy. 
  • April 17 2011
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  • October 05 2010
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Well obviously the easiest way is to have a few brokers do a CMA or Comparative Market Analysis on your home.  They will compare sq/f, location, condition, sold comparable homes, market conditions,etc... and then should be able to give you a range in which your home should sell with-in.  In my experience homeowners always focus on the high end of that and really in this market they should be focusing on the low end.  Be leary of any broker who confidently tells you they could sell on the High end.  They are using a bait and switch technique to get your listing.  They want you to sign a listing agreement then beat you over the head for price reduction after price reduction.  The whole time, wasting your most precious time on the market....your first 6 weeks.  Price it right the first time and move fast.  You'll always do better than homes that sit on the market for 3, 4, 5 or more months.  They tend to get stigmatized and always end up getting less in the end.  The reality is that there isn't a broker out there that has some magic pill.  We all use the same MLS and for the most part, same marketing channels.  Follow through and honesty is often what sets a good broker apart from a bad one.  I always think that as a seller you should cover the ground on what you think it's worth and what price you actually get offers at....as quickly as possible.  Then make the decision to sell or not.  Believe it or not, it really is that simple.  If you'd like at least one brokers opinion I'd be happy to work something up for you. My contact info is in my profile.  I hope that helps.

Jay Feaster
FeasterRealty.com

  • October 05 2010
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