Sell Brigantine Home – First Step – Determining Value by CMA

sell Brigantine home

When preparing to sell your Brigantine home, you must first understand your local real estate market. Establishing the value of your Brigantine home is the first & most important service Realtors provide for their client sellers. This is a brief overview on how a competent Realtor arrives at an accurate price when preparing to list Brigantine home – determining value with Comparative Market Analysis. sell brigantine home

When determining the value of your Brigantine home, Realtors create a Comparative Market Analysis, or CMA, calculated to determine the fair market value of a property. A complete CMA should include a minimum of six comparable properties, or comps; three sold comps, and three comps currently listed and competing with the subject property. Whenever possible, it’s important that sold comps be no older than six months, in order to reflect changing market conditions. sell brigantine home

Many factors are considered when choosing the ideal comparable properties. Ideally, comps should have similar location, amenities, age, style, square footage, present and future use potential, and be in similar condition. In beach towns, proximity to the beach or bay and associated views and/or view potential is an imperative factor when identifying relevant comps. sell brigantine home

When there are no ideal similar properties, the search is expanded in all of the above categories; appropriate value adjustments are made, and a range of value is reached.

A presentation is then made to the seller, and the process of listing and marketing the property begins!t Brigantine home

For information on Brigantine Homes & Brigantine Real Estate opportunities, please call Brigantine Realtor Nancy Campione @609-517-0009 at your convenience.

When buying or selling property, there is simply no substitute for a competent & knowledgeable Realtor. I’ve been providing quality real estate representation to clients in Brigantine and adjacent towns for more than 30 years. My mission is to provide enthusiastic & personalized service designed to achieve each client’s unique real estate vision.