Wednesday, November 11, 2015 / by Tom Nickley
When it comes to preparing your home for the market and determining its value, there are several factors that should be considered. The antiquated model of a Comparative Market Analysis, or CMA, leaves way too many variables on the table, and doesn’t allow you to position your home on the market to get the best offer possible.
Here at the Nickley Group, we have a team of expert advisors who will offer you something that’s a step above a CMA, an equity evaluation. An equity value is our way of determining home value that looks at many different factors including inventory and demand in the market, pricing trends and strategies, market absorption rates, and more. This is going to give us the clearest idea of where to position your home to sell for the most amount of money possible.
An expert advisor is also going to know how to help you prepare your home for sale and differentiate it from the competition. There are over 12,000 homes available right now in Orlando, so it’s crucial that your home stands out from the crowd. By strategically marketing and preparing your home for sale, we can often net sellers up to 20% more than the competition on the market.
One of the last things we do is check the market absorption rate. It will give us a very clear idea of the competition and an in-depth look of how the market is performing, so we can find that sweet spot to price your home to sell very quickly and for top dollar, and even get multiple offers.
When it comes to valuing your home, you need to do a whole lot more than an old-fashioned CMA. If you have any questions or want to get a truly accurate home valuation, give us a call or send us an email. We look forward to hearing from you!