Birmingham Appraisal
APRIL 11, 2023
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. Using the living area to describe this technique helps it to be more easily understood, however, bracketing can be used with other features of the home as well.
Lamacchia Realty
OCTOBER 25, 2023
An experienced REALTOR® will make it very clear from the beginning that pricing right is the key to selling faster and for more money. 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 past 2-3 months.
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Birmingham Appraisal
FEBRUARY 20, 2024
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. By providing the CMA to the appraiser, the appraiser can see the agent’s thought process when developing the asking price.
Lamacchia Realty
JUNE 21, 2022
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. Consider the Price Brackets. See chart below.
Lamacchia Realty
AUGUST 3, 2021
An experienced REALTOR will make it very clear from the beginning that pricing right is the key to selling faster and for more money. 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 past 6 months. Consider the Price Brackets.
Birmingham Appraisal
MARCH 26, 2024
The sales approach is the most well-known approach to value and involves the use of sales comparables or “comps” to develop an opinion of value. What is bracketing and why should Realtors do it? It reflects the current cost of construction materials and labor as well as land value.
Birmingham Appraisal
MARCH 26, 2024
The sales approach is the most well-known approach to value and involves the use of sales comparables or “comps” to develop an opinion of value. What is bracketing and why should Realtors do it? It reflects the current cost of construction materials and labor as well as land value.
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