Market Analysis:
Simply put the Fair Market Value of a house is the highest price an informed buyer will pay, assuming there is no unusual pressure to complete the purchase. In asking for a Fair Market Value (or Competitive Market Analysis, CMA) you will be given a realistic figure based on the most salient points of the local real estate market. It will provide you with information about recent sales of similar houses, including how much they sold for and how long it took. The CMA is most helpful in determining the right asking price and will establish a competitive pricing strategy.

The asking price will be based on a wide array of information you may not have at your disposal, including recent listings and pending sales in your area. Your broker will work with you to establish your priorities. If you had to choose, are you more concerned with selling quickly or getting the most money possible?

At ERA Andrew we don't think of a house as just piece of property, we see it as your "Home" - the center of your family's life and where your dreams come to life. We understand what a sensitive and emotionally charged process buying and selling can be. We are committed to provide whatever it takes to help you through the process and make sure you have the right answers to the many questions that may arise during your transition.

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