Selling a home without a CMA is like taking a dream vacation without ample spending money. Regrets, regrets, regrets.
A CMA or Competitive Market Analysis is a tool that real estate agents use to estimate the value of a home. It compares the home to be sold to factual information of previously sold and currently listed homes that are similar in size, style, age, condition and proximity. Use of this information can determine the best price point when listing a home.
When a CMA is accurately executed and properly used, it provides the ultimate guide to selling a home at its best possible price within the least amount of time.
Many popular websites offer automated CMA’s for quick glance piques to computer generated home values. Unfortunately, these services cannot measure things like curb appeal, property condition and neighborhood attributes, which calls for the input of a Licensed Real Estate professional.
If you’re thinking about selling your home in the Chicagoland area, avoid any possibility of regrets, and contact a proven, Licensed Real Estate professional for a free CMA. Contact James Morris.