COMPARATIVE MARKET ANALYSIS
A CMA (Comparative Market Analysis) is an important tool in helping you sell your Houston home or understand how much to offer for a new home purchase. A CMA is an analysis of properties that have recently sold in your market area and serves as a critical benchmark for your home's value. Using our Houston market knowledge, we provide qualitative price adjustments to the properties that have sold based on characteristics of your home and the comparable properties. Some of those characteristics are:
- Home square footage
- Lot square footage
- Interior upgrades and finishes
- Home's age and condition
- Exterior upgrades (e.g. pool, landscaping, porch, etc.)
Some Houston REALTORS charge up to $475 for a CMA. At HoustonProperties.com, we provide this service for free.
Pricing a home for sale is one of the most important steps in selling a Houston home. If you price a home too high, it can sit on the markets for months or even years, costing you precious time and money. Sometimes it may never sell at all and create the aura of a "problem house." If you price your home for sale too low, you can leave tens of thousands of dollars or more on the table. All of the advertising and marketing dollars will not overcome an incorrectly priced home.
Determining the right price for a home is one of the most difficult steps for a Houston home seller. It is often an emotional process, and can be overly influenced by factors that may not be important to the seller (e.g. Dollars you've spent on personal upgrades; How much profit you "want" from the house; Getting enough profit from a recent utility or roof fix, etc.)
Homeowners benefit greatly from a clear and un-emotional understanding of the facts and recent transactions that have closed in their surrounding areas. Even if a home is unique, buyers will still look to neighborhood homes that have sold and use that information in their pricing offer. If the home seller doesn't have information from comparable home sales and an analysis of the nearby market, they'll be at a competitive disadvantage in negotiations.
A Comparative Market Analysis (CMA) helps you price your home because it gives you:
We are skilled and experienced at selling hundreds of Houston homes. These experiences have allowed us to understand Houston market information, make the right CMA selection, and utilize the most appropriate comparable properties. More often than not, the value and opinions from our staff are very close to actual sale prices of Houston homes.
Realtors in Houston charge up to $475 for a CMA. Receiving a CMA from SamCProperties.com is completely free and does not obligate you to anything. Complete the form below for a free, no-obligation Houston Comparative Market Analysis for your Houston home for sale or call 832-419-4700 for immediate assistance.
|Presented By Sam (Saleem) Chaudhry|
Managing Broker & A.C.P
REMAX Hall of Fame Memeber
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