REALdeal – CMA’s with the Buyer in Mind
When a seller approaches a Selling Agent they will often be presented with a Comparative Market Analysis (CMA), an approximation of the price they may be able to sell their property for. It is then the Selling Agent’s job to sell the property at the highest price and within the shortest time-on-market.
In turn, to get an idea of the value of a property the buyer can check online pricing services. Alternatively, the buyer may employ a Registered Valuer. Unfortunately, checking the web for house price predictions is highly speculative, gives only a broad range and does not provide in-depth information; while employing a valuer is expensive and likely to be done after a sale price has been agreed upon.
Comparative Market Analysis for the Buyer
Rather than employing a Registered Valuer or rely on broad and speculative price indicators online in the initial stages of the buying process, the buyer may seek their own BUYERS’ Comparative Market Analysis (CMA).
Here’s how this approach may be implemented:
- Buyer researches and inspects the properties they are interested in;
- Buyer shortlists properties and gets an initial indication of selling price using online pricing services;
- Buyer obtains a FREE Comparative Market Analysis;
- Buyer starts own informed negotiation with selling agent or engages a Buying Agent.
Get a REALdeal Comparative Market Analysis
By completing this form we will provide you with a FREE Comparative Market Analysis Report that will give you a good idea of a property’s REALdeal value.
FREE REALdeal CMA