Determining the Value

A Comparative Market Analysis (CMA) will help you and your sales representative set the appropriate list price for your home based on current market conditions.

This report tells us what today’s buyers are willing to pay for a home.

It compares the sales activity of homes in your neighbourhood that are similar to yours.

  • Those that have recently sold represents what buyers are prepared to pay

  • Homes currently for sale represent the price sellers hope to get

  • Expired listings were either inappropriately priced or poorly marketed

A key question sellers have to ask themselves is: Do I want to list my home – or sell it?

Consider the following factors before you compare yourself to similar properties and establish a list price:

  • Location

  • Size

  • Style

  • Condition

  • Community amenities

  • Buyer supply

  • Financing options

Pricing Your Property

When you decide to sell, you want to make as much money as the market will allow. Pricing too high will keep your home from selling. Pricing too low will cheat you of the full value of your property.

Work with Patrick Posh to determine the right price for your property.

Influences on Pricing:

The State of The Market

  • The market determines value

  • Price your home competitively using the CMA

The Condition of Your Home

  • Buyers will base their offers on the condition of the house as well as the price. The need for costly repairs or upgrades will negatively affect the asking price.

The Right Sales Representative

  • Patrick Posh has access to the latest market conditions by street: he will bring the market to you.

  • Patrick Posh knows the market and can get you the best possible price … not the one who promises you the highest price simply to get you to list with him.