Bracketing Contracts Development Realtors 
Birmingham Appraisal
APRIL 11, 2023
If agents can use the same techniques an appraiser uses the likelihood of there being a big discrepancy between the contract price and appraisal is reduced. 3) Use bracketing when choosing comps- The technique of using sales that are larger and smaller than the home you are pricing is referred to as bracketing.
Birmingham Appraisal
FEBRUARY 20, 2024
It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what. The Purpose and Components of a Comparative Market Analysis (CMA) The CMA is a tool that real estate agents use to develop a list price for the house they are selling.
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Lamacchia Realty
JUNE 21, 2022
That’s because fewer homes are being placed under contract. Your home is priced much higher than properties in your area Your REALTOR® will complete a comparative market analysis of the homes sold in your area in the 2-3 months. If three weeks go by, contact your REALTOR® to discuss an adjustment on the list price.
Birmingham Appraisal
SEPTEMBER 26, 2023
Overpriced listings may not accurately reflect the broader market, making it difficult for appraisers to justify the contract price. In turn, this can result in issues with financing, as lenders may be hesitant to approve loans based on a property that may not appraise for an over-inflated contract price.
Lamacchia Realty
MARCH 26, 2024
The chart below shows the median time to contract, which is the number of days it takes for the property to be considered off the market. An experienced REALTOR® will make it very clear from the beginning that pricing right is the key to selling faster and for more money. How do you know your house or condo is overpriced?
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