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Selling Services
Items Ready
Before Listing
Listing Plan
Prepare
Your Home
Determining
Value
Pricing Your
Property
Realtor Role
Reasons For
Listing
The Right
Buyer
Principles Of
Evaluation
Commissions
What Is My
Home Worth?
Land Transfer
Tax
Sale Expenses
Purchase
Expenses
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DETERMINING THE VALUE OF YOUR HOME
The market ultimately determines the true value of your property.
The following points should be taken into consideration
before you are able to compare your home to similar properties
and establish a competitive list price:
- Location
- Size
- Style
- Condition
- Community Amenities
- Buyer Supply
- Financing Options
Getting To Know Your Market
The Comparative Market Analysis is an indicator of what
today’s Buyers are willing to pay for a home. It compares
the sales activity of homes in your neighbourhood which
are similar to yours. Those that have recently sold represent
what Buyers are prepared to pay. The homes currently for
sale represent the price sellers hope to obtain. The listings
that have expired were generally overpriced or poorly
marketed.
The Comparative Market Analysis will help you and your
Realtor establish the right list price for your home based
on current market conditions.
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