Podcasts about comparative market analysis

The Truth About Off-Market Properties and Valuation Shortfalls Welcome back to another episode of Talk Property To Me! I'm your host, Brad East, alongside my co-host, Aaron Downie. In today's episode, we dive deep into the intricate world of property valuations, a crucial aspect for anyone looking to buy, sell, or invest in real estate. We kick off the discussion by introducing the various types of property valuations that lenders utilize. From Automated Valuation Models (AVMs) to desktop and curbside valuations, we break down how each method works and the implications they have on property value assessments. We highlight the importance of understanding these methodologies, especially when it comes to pulling equity for investment purposes. One of the key points we address is the difference between a property's market value and its purchase price. We emphasize that lenders often rely on third-party valuers to mitigate the emotional biases that can lead buyers to overspend. This leads us into a discussion about the subjective nature of property value, where we explore how personal circumstances can justify higher prices for certain buyers. As we navigate through the episode, we touch on the common pitfalls in property valuations, particularly when it comes to off-the-plan purchases. We share insights on how relying solely on real estate agents' guide prices and median prices can lead to overvaluation and disappointment. We stress the importance of conducting thorough research and performing a comparative market analysis to arrive at a realistic property value. We also delve into the role of buyer's agents and the concept of off-market properties. While off-market opportunities can be appealing, we discuss the nuances of the current market, particularly in Newcastle, and whether these properties truly offer better value or simply serve as a sales tactic. Throughout the episode, we provide practical tips for listeners on how to approach property valuations. We encourage them to attend open homes, observe market trends, and understand the significance of inventory rates and days on the market. In closing, we reiterate the importance of being well-informed and cautious when it comes to property valuations. We remind our audience that while market value is often what someone is willing to pay, it's essential to justify any significant deviations from the median price in the area. Join us for this insightful discussion, and don't forget to check out our website at talkpropertytome.com.au for more episodes and resources. Thank you for tuning in, and we look forward to having you with us next time! 00:00:00 - Introduction to Property Valuations 00:01:06 - Types of Valuations Used by Banks 00:02:22 - Understanding Automated Valuation Models (AVMs) 00:03:55 - Different Valuation Methods Explained 00:04:40 - Valuation vs. Purchase Price 00:05:30 - Subjective vs. Market Value 00:07:30 - Key Elements Influencing Property Valuation 00:09:18 - Comparative Market Analysis 00:10:20 - The Role of Real Estate Agents in Valuation 00:11:03 - Shortfalls in Valuations 00:12:30 - Common Pitfalls in Property Valuation 00:13:41 - Guide Prices and Anchoring Techniques 00:15:21 - Limitations of Online Valuation Tools 00:16:50 - Future of Property Valuation with AI 00:18:09 - Challenges in Unique Property Valuations 00:19:29 - Off-Market Properties: Pros and Cons 00:21:14 - The Role of Buyer's Agents in Off-Market Deals 00:23:40 - Accessing Off-Market Opportunities 00:25:46 - Recap on Property Valuation Considerations 00:28:00 - Manipulating Valuations: Ethical Considerations 00:29:27 - Conclusion and Final Thoughts ABOUT THE HOSTS BRAD EAST Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved. Website → https://wisebuygroup.com.au  LinkedIn → https://www.linkedin.com/in/newcastlemortgagebroker/  Instagram → https://www.instagram.com/bradeast_mortgagebroker/  Facebook → https://www.facebook.com/bradeastofficial AARON DOWNIE Joining the podcast in 2024, Aaron Downie is a seasoned property investor and director of Mackenzie Buyers Agency. Aaron's deep understanding of the property market and investment strategies provides listeners with invaluable insights. Website: https://www.mackenziepropertygroup.com.au/ Linkedin: https://www.linkedin.com/in/aaron-downie-1b2749134/

Dive into the world of property valuations with Michael Pung, Director of Vanguard Valuations! From stamp duty to family law, discover the art of pinpointing property values.Join us as Michael unveils the secrets behind tailored valuations and the key renovations that add serious value.Whether you're a buyer, seller, or investor, this episode is your insider's guide to mastering property valuation strategies!Don't miss out—tune in now“ we use the apples for apples approach, because the thing is the more similar the comparable property is to your property, as an example, the more reliable the valuation would be. "-Michael PungEPISODE HIGHLIGHTS: 00:00 Introduction00:32 Meet Michael Pung: Director of Vanguard Valuations01:41 Understanding the Property Valuation Process03:28 Comparative Market Analysis in Property Valuation06:38 Client Involvement and Valuation Integrity11:17 Renovations That Add Value to Your Property15:49 Impact of Property Titles on Valuation18:09 Orientation, Views, and Energy Efficiency20:46 Challenges and Surprises in Property Valuation26:04 Future Trends in Sydney's Housing Market27:34 Conclusion and Contact InformationResourcesValuers Vanguard Valuationshttps://vanguardvaluations.com.au/The School Of Renovatinghttps://www.theschoolofrenovating.comShe Renovates Podcasthttps://www.theschoolofrenovating.com/podcasts-page/Connect with The School of RenovatingASK BERNADETTE https://www.theschoolofrenovating.com/podcasts-pageSubscribe to She Renovates Apple Podcasthttps://apple.co/3faoWlTSubscribe to Youtube:https://www.youtube.com/c/TheSchoolOfRenovatingFollow on Twitterhttps://twitter.com/renovatingscFollow on Instagramhttps://www.instagram.com/the_school_of_renovating

When we're representing a seller we have the responsibility to advise on a proper selling price. How we ascertain our recommendation is by using comparable properties.   Here's a clip of one of our Q&A Sessions where Raman explains Comparative Market Analysis. These Q&A Sessions happen weekly here at the Alberta Real Estate School and it's an important way for our students to learn and interact with each other. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments. We train tomorrow's top Real Estate Agents and Mortgage Associates in Alberta! : www.albertarealestateschool.com : 587-936-7779 #realestateschool #realestate #becomearealtor #albertarealestate

Welcome back to America's #1 Daily Podcast,  featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris?  Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206. IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://premiercoaching.com Lee Jennings, experienced Realtor with a demonstrated history of working in the real estate industry. Skilled in Comparative Market Analysis, First Time Home Sellers, Buyer's Agent, Resales, and Existing Home Sales. Strong real estate professional with a Bachelor's degree focused in Philosophy from Lewis & Clark College. HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/

Utilizing Comparative Market Analysis (CMA) to Determine Accurate Property Valuations by Radio Islam

What You Need to Know When Dealing with CMAs  Real Estate Coach Dan Rochon from No Broke Months for Real Estate Agents shares Insights about everything you need to know about Comparative Market Analysis.Dan explores the impact of Comparative Market Analysis (CMA) in real estate, shedding light on how CMAs can refine pricing strategies, inform crucial decisions, and lead to successful transactions in real estate.Learn about the Comparative Market analysis in the latest No Broke Months for Real Estate Agents episode. --To find out more about Dan Rochon and the CPI Community, you can check this link:www.NoBrokeMonths.com --Do you want to win a FREE 45-minute complimentary coaching session with Dan Rochon and a FREE copy of the book "Real Estate Evolution," a comprehensive 10-step guide to achieving Consistent and Predictable Income?❗❗JOIN THE NO BROKE MONTHS FOR REAL ESTATE AGENTS MONTHLY RAFFLE HERE ❗❗--Stop

Stand Out & Secure the Listing: Essential Strategies for New Real Estate AgentsAre you a new real estate agent struggling to secure listing appointments? Join me as we share key strategies for success in this competitive industry. From building rapport with clients to providing valuable market analysis, these tips will help you stand out and secure more listings. But what happens when a seemingly perfect listing appointment takes an unexpected turn? And the seller wants to list at a crazy high price? We have a solution for that too! In this episode, you will be able to:Gain real estate marketing insights to outperform competitors.Master successful listing appointment strategies for more listings.Build rapport with clients to win their trust and loyalty.Provide a compelling CMA report for impactful client presentations.Confidently walk clients through the selling process with ease.The key moments in this episode are:00:00:02 - Introduction to Real Estate Marketing Insights 00:03:46 - Conducting a Home Tour and Gathering Information 00:08:53 - Presenting the Comparative Market Analysis 00:10:53 - Pricing the Home and Red Line Triggers 00:11:20 - Setting Expectations and Conclusion 00:11:27 - Importance of Getting Listings 00:11:37 - The Net Sheet 00:12:34 - Walkthrough of Selling Process 00:13:17 - Building Rapport and Trust 00:14:03 - Additional Resources Follow us @socialsoutherncreative on Instagram Facebook Pinterest TikTok Youtube

(Talk) On Let's Talk Real Estate with Tina Goodrich the subject will be Comparative Market Analysis (CMA). It's all here, right now and so much more on Rob Byrd Moondog show.

In this podcast, we'll cover the basics of the Comparative Market Analysis and discuss best practices for leveraging its power to get better results. We'll look at the essential components of the CMA, how it works, and how you can use it to get your clients the best possible deal in any real estate transaction. We'll also discuss strategies on how you can maximize your client's profits with a thorough understanding of market trends and conditions. Finally, we'll provide some insight into the important steps that should be taken when delivering the CMA.SUBSCRIBE & RING THE BELL to receive notifications on new videos dropping EVERY WEEK! Share the love! If this video helped you, please LIKE, COMMENT & SHARE.LEARN MORE about all of Brendan's secrets and strategies to getting more clients and selling more real estate at https://www.brendanbartic.com/. GET MY FREE SCRIPT BOOK HERE: https://www.brendanbartic.com/ LIKE FREE RESOURCES? Join our Private FB Group, Brendan Bartic Real Estate Coaching: https://www.facebook.com/groups/584389598727184/WHO IS BRENDAN BARTIC?With $98 dollars to his name, a bus ticket, and a duffle bag fresh out of the United States Army, Brendan Bartic started out as an assistant to a top-producing agent making $8 per hour. With his sights set high and a long road ahead of him, Brendan carved his own path towards success one cold call and client relationship at a time. Now, a real estate titan, an elite coach, and national trainer with over two decades of incredible success in the real estate industry, Brendan has SOLD OVER ONE BILLION DOLLARS IN RESIDENTIAL VOLUME over the course of his career. As the owner of the #1 Real Estate Team in Denver, a top listing agent, and the Operating Principal of a brokerage serving over 200 agents, he ranks in the Top 1% of all Realtors in the Nation. Brendan is a United States Army Infantry Veteran. Growing up in an abusive home, Brendan left and moved from group home to group home until he was referred to Third Way Center, a place of hope to high-risk and disadvantaged youth until he was emancipated and joined the Army.  Now, giving back to the community that provided him so much, Brendan has helped raise over $1 Million for Denver's disadvantaged youth as the Vice President of the Board of Directors for Third Way Center. He's now sharing the secrets to his unrivaled success in real estate.CONNECT WITH BRENDAN ON SOCIAL MEDIA:WEBSITE: https://www.brendanbartic.com/ FACEBOOK: https://bit.ly/OfficialBBCFacebookPage INSTAGRAM: https://www.instagram.com/brendanbarticcoaching/PODCAST: https://bit.ly/REALTalkBrendanBartic LINKEDIN: https://www.linkedin.com/in/brendanjbartic/TWITTER: https://twitter.com/BarticRealEMAIL: info@brendanbartic.comPlease note: This video and information are for entertainment purposes only. Please check all federal and local solicitation laws and always adhere to the Do Not Call List.

Thanks for tuning in! Check out our latest episode on Selling Real Estate with Kelly Cook!  Today, we're going to take you back to the basics of Real Estate and cover something that you may have learned when you first became an agent - How to Run a Proper CMA (Comparative Market Analysis). For those of you who don't know what CMA stands for it is Comparative Market Analysis which will help you and your client accurately price their home for sale! Now there's a catch - to do this WELL you must do it RIGHT - funny right...?! At Cook & Associates Real Estate Advisors we call this an Appraisal Style Market Valuation to give YOU a numerical value for your HOME! We then walk you through what the looks like and how much you'll NET on your home sale! That sounds WAY better than a CMA.... What do you use to show your clients how much their home is worth? Stay tuned! LET'S GO! Want to be a guest on our podcast? Email marketing@cookandassociatesaz.com OR kelly@cookandassociatesaz.com Selling your home? Get a free Home Price Evaluation http://www.myhomevaluecalculator.com Kelly Cook, MBA Cook & Associates, PC REAL Broker 14201 N Hayden Rd, Ste C-4 Scottsdale, AZ 85260 480-442-9868 kelly@cookandassociatesaz.com CookandAssociatesAZ.com

Welcome back to America's #1 Daily Podcast, featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris? https://whylibertas.com/harris or text Tim directly 512-758-0206 Your number one job in real estate is to generate new business every day. It is what fuels the engine of your business. If you're not generating all the time, you'll experience feast and famine instead of the predictable, duplicatable income you desire. Any day that you don't have a listing appointment, a closing, or showings with qualified and motivated buyers, you must prioritize proactively generating new opportunities.   If you could choose any listing from any source, wouldn't you always answer 'repeat or referral' from someone you already know? Of course, you would. They already know, love, and trust you. You probably won't compete for that business, and you didn't have to buy the lead. IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://members.timandjulieharris.com/ Today we're talking about 5 ways to Nurture your database. Your database includes your past clients, people in your sphere of influence, and your professional sphere of influence.   1.   Record a video, offering a free Comparative Market Analysis. What is their home worth in today's market? State some stats and facts about recent appreciation. Use your Board of Realtor reports, Case Shiller index, and your own experience as talking points. For example, since 2020, home values in Columbus, Ohio have increased on average by 41%! 2.   Have coffee or lunch with one past client per week, on a regular schedule as part of your past client nurturing plan. Invite someone from your sphere of influence or a past client and introduce them to each other. Use your FORD script and be sure to talk about real estate. Who do they know who could use your help buying or selling real estate? 3.   Have at least 5 conversations per workday with someone from your database. Bring something of value to your call. This could be information about a coming soon listing, talking about what your buyers need to find, or some neighborhood news that affects them. And of course, always ask whom they know who could use your help. 4.   Have 3 MeetUps per week to expand your Sphere of Influence. There are three categories where you can find new opportunities to meet people and talk about real estate. Those are: a) things you already have an interest in, b) networking for the sake of networking, and c) charitable events. Get your new contacts into your database. Examples: 5.  Send at least 3 thank you cards or congratulations cards to people in your database every day. Use social media to get ideas. Who got a promotion? Who had a kid graduate from high school or college? Who just got married?  Bonus point: 6.   Client appreciation events. Refer to the 12-Month Past Client / Sphere Event Plan in Premier Coaching! Now is a good time to plan your next event. Learn what to do when and plan either monthly, bi-monthly or quarterly appreciation events. Many of them cost virtually nothing and we'll teach you how in Premier Coaching! IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://members.timandjulieharris.com/

Fearless Agent Coach & Founder Bob Loeffler shares his insights on Handling Objections and how it's making his Fearless Agent Coaching Students rich! Fearless Agent Coaching is the Highest Results Producing Real Estate Sales Training and Coaching Program in the Industry and we can prove it will work for you if it's a good fit! Call us today at 480-385-8810 to see if it may be  good fit for you! Telephone Prospecting for Realtors means Cold Calling, Door knocking, Calling for Sale By Owners, Calling Expired Listings, Calling your Sphere of Influence, Farming, Holding Open Houses, but Fearless Agent Coaching Students di all of these completely differently and get massively better results! Find out how! Listen in each week as Bob gives an overview and explains the big ideas behind making big money as a Fearless Agent! If you are earning less selling real estate than you wish you were, and you're open to the idea of having some help, We are here for you! You will never again be in a money making situation with a Buyer, Seller or Investor and not have the right words! You will be very confident! You will be a Fearless Agent! Call Bob anytime for more information about Fearless Agent Coaching for Agents, Fearless Agent Recruiting Training for Broker/Owners, or hiring Bob as a Speaker for your next Event! Call today 480-385-8810 - or go to https://fearlessagent.com  Telephone Prospecting for Realtors means Cold Calling, Door knocking, Calling for Sale By Owners, Calling Expired Listings, Calling your Sphere of Influence, Farming, Holding Open Houses, Spin Selling, but Fearless Agent Coaching Students do all of these completely differently and get massively better results! Find out how! Are You an Owner of a Real Estate Company - need help Recruiting Producing Agents - Call today! 480-385-8810 and go to FearlessAgentRecruiting.com and watch our Recruiting Video Real Estate coaching  training  Real estate training real estate coaching real estate speaker real estate coach real estate sales sales training realtor realtor training realtor coach realtor coaching realtor sales coaching realtor recruiting real estate agent real estate broker realtor prospecting real estate prospecting prospecting for listings calling expired listings calling for sale by owners realtor success Best Realtor Coach Best Realtor CoachingSee omnystudio.com/listener for privacy information.

Has your listing lost its luster? Are you struggling to revitalize your portfolio? Does it seem like there is no interest at all? This is the episode for you! Today, we unpack marketing strategies that will make your listings stand out from the rest and place you back on the path to success. Listen in as we cover three strategies to help you sell properties while meeting the goals and needs of the client. Learn the importance of a Comparative Market Analysis and how to leverage the approach to find the best market for you. Hear some simple tips and tricks that will enhance the buyer's overall impression, such as decluttering and neutralizing the property, and how to relaunch an old property listing. We also discuss additional strategies to help you identify the most likely buyer, useful resources to help you reach your goals, and other factors to consider when listing a property. Don't get complacent! Tune in to learn how you can get the most out of your property listings before someone else does with Scott and Renee Comey!Key Points From This Episode: The importance of monitoring your competition's price points. How to use a Comparative Market Analysis (CMA) to improve listings. Some of the benefits of using a CMA. Why getting showings is not enough to guarantee a sale. An important conversation to have with a client at the start of the working relationship. What you need to consider regarding search criteria. Useful software and resources to monitor your listings. An under-appreciated resource for advice: your fellow real estate agents! Why it is essential to declutter and neutralize the seller's home. The difference that deep cleaning can make to a potential buyer's impression. Small alterations and additions to help a listing stand out from the rest. An agent's obligation to help their client understand the property's potential. How to relaunch a listing and the difference it makes. Examples of what to highlight in a listing to improve the marketability. A simple insider trick regarding photo arrangement to revamp the listing. The benefits of uniquely marketing the property according to the specific buyer. Why it is vital to understand the property's likely buyer.  Tweetables:“Talk openly [with your client]. It's not always the easiest conversation to have, but it only gets worse if you avoid it. If you have it upfront, proactively, it will become comfortable.” — @ReneeMComey [0:08:40]“People are looking for that home to be ready to go, especially when they're comparing it to other options. When they have choices, they don't want to choose one where they have additional tasks to do right when they move in.” — @ReneeMComey [0:15:20]“Think about the emotions; the emotions of seeing pretty flowers feels very different than the emotions of seeing cobwebs.” — @ReneeMComey [0:20:41]Links Mentioned in Today's Episode:Scott Comey on LinkedInScott Comey on TwitterRenee Comey on LinkedInRenee Comey on TwitterCurbioTurn The Dial Coaching on Facebook Turn the Dial Coaching on TikTok Turn the Dial Coaching 

Real estate agents, this three-part podcast series, 10 Secret Listing Lead Sources Revealed. This is part 1. These secret sources are full of motivated sellers who are ready to list with you. They are also prospects most agents don't know about or aren't actively prospecting. Join Tim and Julie Harris's Exclusive PREMIER COACHING 100% FREE: https://members.timandjulieharris.com Prospect the For Rent By Owners. This is a little-appreciated source of business, but an excellent one to proactively pursue.  The advantage here is that these are usually small or medium investors, they advertise single-family homes, doubles, multi families, all with the phone number to reach them!  It's one of the easiest scripts we teach in Premier Coaching.  Assuming the home is still available, find out if the owner would consider selling it versus renting it.  They will either say no or they'll ask you what price you think you could achieve for them.  Do a Comparative Market Analysis and look at the numbers together.  It's a very business-like conversation.  Many times you'll find that one call can lead to multiple opportunities. Prospect Assisted Living Care housing coordinators. This is another source that most agents don't consider.  When a person moves to a facility like this, they typically pay for it by selling their home and using the equity to pay for their housing and services at the Assisted Care home.   There is always a contact who manages these incoming new residents.  Become their liaison and assist with the transition of people who need to sell before they can make that move!  Start by having coffee with the intake advisor, share your pre-listing package with them, and enhance your services by knowing estate sale companies, pet rescues, estate attorneys, and other useful contacts. Become a resource and they will reciprocate. Identify and contact the owners of developable parcels of land.  Speak to the owners about selling those parcels.  Bring the land opportunity to small or medium-sized builders.  Depending on the zoning, they may build single-family, tiny homes, multifamily, duplexes, patio homes, or commercial buildings.  Sell the land to the builder, list what they build, and bring the buyers.  This is another example of having one relationship which leads to multiple opportunities. Join Tim and Julie Harris's Exclusive PREMIER COACHING 100% FREE:  https://members.timandjulieharris.com LIKE and SUBSCRIBE AND PLEASE LEAVE A COMMENT: https://bit.ly/3NXGxNb FREE REAL ESTATE SALES TRAINING AND COACHING: Enroll NOW, FREE Real Estate Coaching and Training: https://bit.ly/3aUimkh LATEST REAL ESTATE NEWS: https://bit.ly/3Obuhs2 EXP REALTY EXPLAINED: Tim and Julie Harris are one of the TOP EXP REALTY Sponsors in the world. Tim and Julie are honored to be your sponsor at eXp Realty.  Text TIM HARRIS directly to be sponsored by Tim and Julie Harris 512-758-0206.  Tim and Julie's EXP Realty site: https://bit.ly/3NJTPwB * Completing the EXP Realty application now? Name JULIE HARRIS from Georgetown Texas as your sponsor! Watch this video: https://bit.ly/3QjYJCo and here is the application: https://bit.ly/3MKPw35 WHO ARE TIM AND JULIE HARRIS?: https://bit.ly/3mGOWbU #realestatetraining #joinexprealty #realestateleads #timandjulieharris #realestatesecrets #realtor #realestatemarketupdate #realestatecoaching #negotiationsinrealestate #themodelexplained #exprealty #joinexprealty

Today marks our 60th episode and the final 60 days until the end of 2021. If you are in a city where where there's a housing shortage, then you're in a seller's market. Your job right now is to stack up the list of sellers and line yourself up to guarantee listings. Sellers need your guidance to feel confident that right now is the best time to list their home. How many potential sellers are not on the pulse and are perhaps completely uninformed about the potential to get a ridiculously high price on their home? 10% of your database has already transacted and you don't even know it yourself! Now is the time to touch base with your prospect list. We focus on 3 actionable strategies to get more listings so you can finish the year strong. Creating a quick Comparative Market Analysis, hand stamping and handwriting the address on an envelope with a letter introducing yourself and a recent experience with one of your seller, and copy, paste, change name, and send that email are just some of the ways Toni and Jenny help you solve the low inventory issue!

Understanding the CMA – Comparative Market Analysis - The basic purpose is to determine the current value of the property that constantly varies based on local market activity. Many factors are taken into consideration with local market values having the greatest effect, but other influences do strongly impact the current value of a property.

Russ uses his local knowledge of Central and Eastern Washington and twenty plus years of real estate experience in the Lake Chelan Valley to assist his clients achieve their real estate goals. He specializes in sharing his love of his family's home town with new friends. Specialties: Real Estate Sales, Marketing, Land Development, Foreclosure, Short Sales, Comparative Market Analysis, BPO, Investments, Residential, Commercial, and Real Estate Development Consulting, Waterfront Properties. Marina Projects, Creative Marketing Solutions for onsite Developments.

Listen up as I go through what data is collected and should be carefully looked at and analyzed when making a comparative market analysis.

In this episode Michael Fanning takes some strategies from Ninja Selling along with actual real live situations from Windermere Coaching clients that will help you to create a better client experience when it comes to listing their home. Also, our goal is to help our sellers net the most and when we have a process that gives them clarity it benefits them tremendously. Helpful Links. Trend Graphix Focus 1st Moxi Present Ninja Selling Book The Art of the CMA --- Support this podcast: https://anchor.fm/askacoach/support

Why I think CMA’s (Comparative Market Analysis) are the WRONG way to present pricing. Get the PDF of the process at www.agentrisecoaching.com/listingsecrets Resources and Links mentioned in this episode: Text AGENTRISE to 44222 to get a copy of the vivid vision statement worksheet, Agent Rise 3 Pillar Plan, and Agent Rise Steps. I’ve just launched a free resource called Secrets to Winning Listing Appointments, and it’s available now on my website: agentrisecoaching.com/listingsecrets Join the Agent Rise Facebook Group (free) at www.Facebook.com/groups/agentrise To learn more about coaching, go to www.agentrisecoaching.com And connect with me on ANY of the following social channels. I LOVE social! Instagram (@agentrise) Facebook.com/AGENTRISE YouTube (all new content)

We are in the middle of a very competitive market and a very limited supply of homes. So today Mark talks about why you need a comparative market analysis when you're getting ready to sell or buy your next home. So tune in and enjoy today's episode. Don't miss any episodes and keep learning about the home selling process with The Mark Moskowitz Team.Please remember to subscribe and share!You can find out more information and contact us hereStay Safe Everyone!

Download my FREE checklist on How To Become A Real Estate Agent in Alberta: https://bit.ly/36F06p1 For more support with passing your Alberta Real Estate exam, I invite you to visit: www.albertarealestateschool.com Podcast http://albertarealestatetutor.libsyn.com/ Connect with me through the following: Facebook Page: https://www.facebook.com/AlbertaRealEstateSchool/ #realestate #realestatetestprep #realestateexam #realestatealberta #realestateagent #realestateschool #realestateexam #realestateprep #realestatestudy #albertarealestate #albertarealestateschool #albertarealestateexamquestions #realestatequestions

In this episode, Laura takes a deep dive into all the things Comparative Market Analysis, or CMA for short. Being able to do an accurate CMA is one of the most important skills an agent can have. Laura provides some really great tips and insights for agents of all skill levels to use to get better at CMAs. This one is chalked full of great takeaways. 

Our guest today has been in the real estate technology industry for twenty-eight years and has even been listed on the Swanepoel “Power 200”, a list of the most influential people in real estate. Our guest today is Greg Robertson, Co-Founder of W+R Studios, the makers of the Cloud Agent Suite.  In this episode, join Greg and I as we discuss how Greg's company revolutionized CMAs and the value of agents. We also dive into what Comparative Market Analysis has become over the past thirty years and Greg's newly released first book, The Art of the CMA.  Top Takeaways:  Greg Robertson's Advice for New Agents “Persistence, don't quit…Showing up, doing the job, and not giving up.” “You have got to have a co-founder, someone who's with you on that journey. That helps things out a lot… No road is long with the right companion.” “I just can't see a world where brokers and agents aren't needed and needed desperately.” – Greg Robertson [26:36] “The Judo Analogy is like using its own weight against itself. If Zillow is pretty close to what you think the house is worth, well use that as a factor to boaster your own thing. If it's not, show something to say well you know what in this neighborhood it's off by 10% that's why mine is too.” – Greg Robertson [30:30] Episode Highlights: [00:32] Intro  [00:59] Meet Greg Robertson – Co-Founder of W+R Studios [02:05] The Differences Between Southern California and Florida  [04:36] Celebrities and Tech in the Event Production Space  [08:40] Bridging the Gap for Software in Real Estate  [10:40] How eNeighborhoods Led to the Start of W+R Studios  [17:36] Earliest Iterations of Cloud CMA  [22:41] Greg's Newly Released First Book  [24:46] The Value of Agents  [28:44] Zillow Zestimate Judo  [30:53] W+R Studios Transition to Lone Wolf Technologies  [35:04] Greg's Advice for New Agents  [36:35] Connect with Greg  [37:09] Outro  Episode Notes:  Joining us today is Greg Robertson, a software entrepreneur and Co-Founder of W+R Studios, a company known for its part in revolutionizing Comparative Market Analysis, or CMA. Originally from the Seattle, Washington, Greg Robertson moved along with family to Southern California in high school where he has spent most of his life. Greg Robertson graduated from DeVry Institute of Technology receiving a Bachelor of Science in Electronic Engineering Technology. Greg started in the event production business giving him tech experience that eventually led Greg into the real estate world.  Teaming up with friends, Greg Robertson founded IRIS, launching a product called, “Lightning” which facilitated in accessing different MLS systems for a real estate professional audience. The company grew and made the Inc. 500 list for fastest growing companies in the country in 1999. The company was sold at the turn of the century and Greg Robertson moved to South Florida to help restart a company as the Vice President of eNeighborhoods. After rebuilding the company, eNeighborhoods was sold and in the middle of the real estate crisis of 2008, Greg Robertson and his partner founded W+R Studios.  Cloud CMA offers a trusted and professional comparative market analysis to real estate professionals and their clients. For Greg, the value of agents in the client experience and sale is crucial and necessary for the buyer experience. Tools such as Zillow are nice to get the foundation but to have a more personal experience and knowledge of the local market will always be in demand. Greg explains that the Zillow Zestimate Judo analogy is best when using it against itself. If the Zillow Zestimate is close to what the house might be worth, it can be used to help boaster a sale. If the Zillow Zestimate is off by a percentage then that can explain the price difference as well with clients.  After 12 years, W+R Studios was acquired in late November by Lone Wolf Technologies.

Secret: Knowledge = Confidence and Ignorance = Fear, so this plan gets you into knowledge as quickly as possible! 16 Point Massive Action Plan! 1 Complete your required, post-licensing CE credit before it’s too late. If you haven’t done it yet, schedule it so it’s one less thing to worry about. 2 Take an MLS class at your local board. Every MLS system is more robust and has much more functionality than you learn from your broker or manager. This will help you with your Comparative Market Analysis research as well as searches for property for buyers. Are you ready to join EXP REALTY? Choose Tim and Julie Harris as your sponsor! Text Tim directly 512-758-0206. 3 Take a contracts class from your Board of Realtors or from your Brokerage. It’s not worth risking your new license over rookie mistakes. 4 Attend a Buyer closing. Take notes and ask questions after buyer leaves. 5 Attend a Seller closing. Take notes and ask questions after seller leaves. 6 Attend a buyer’s loan application. Ask lender for the checklist buyers are given prior to the loan application. What’s required to complete the process? 7 Tour 10 homes in each price segment of your market, from lowest to highest. 8 Use your MLS to figure out which zip codes in your county or city are selling the fastest, the most volume. 9 Tour new construction if your area has it. You will not find this in your MLS. Look in your local paper or search online. Tour all price ranges and keep a New Construction File so you know who’s building what and where. Schedule A Free Coaching CallListen on iTunesListen on Spotify

In today’s episode, Jimmy Burgess talks about the ultimate listing strategy to get $11.2M of listings in 6 months. Tune in, learn, and use the strategy to improve your sales game too!   Using video CMAs This approach comes down to the people you know who are owners, people who may have mentioned that they were going to sell, your past clients, and other people you plan on selling to. The video Comparative Market Analysis is a way to give your prospect an updated value range of their property. Before becoming a coach to help people grow their business, Jimmy was very active in sales and he created one unsolicited video CMA daily. He was able to create about 72 videos in the fourth quarter of 2018. Jimmy spent 30 minutes a day creating videos and that led him to listing more than $11 million worth of property where $9.1 million worth of the said properties were sold. Consistency is key to the success of this approach in sales. You need a group of homeowners to send your videos to. The first people you can send videos to are your past buyers. These are the people who you’ve worked with in the past and who already trust you. Sending them videos means that you’re staying in front of them and this increases the opportunity for you to list when they’re ready. The next people you can send videos to are those to whom you’ve talked in the past. You may have met someone in the farming community who you have met for evaluation before. You can also send videos to homeowners you’ve met at an open house as well. Your goal is to look for the people who you can add value to because adding value over time will help you grow your business. Sales agents also need to know to look for the tools to use to create their videos. Jimmy uses the BombBomb app which is a great tool for email. It’s also effective for face-to-face interaction. Jimmy also suggests Loom and Zoom as options you can use to set up a meeting for just yourself and screen recording it to get that desired effect of seeing your face in the corner of the video screen.   Creating your CMA videos Put together a comparative market analysis when creating an appointment list. This allows the prospects to see the properties out there and what the market value of the properties are.   You want to put the CMA on your screen where you have access to it. It should be up there with one of the tabs. Start recording your screen with Google Earth and punch the address into it. The Google Earth zooms in from space to the address. It makes the listing better. You can click several options to show the location. Tap on your CMA tab to show the range of values. Use the subject line “Address Valuation Update” when sending the video CMAs.   The tool BombBomb notifies you when your mail and video has been opened and watched. You will know the people who watched the video, so those are the ones you need to circle back to. One tip is to give them a price range instead of putting in an exact amount. Make sure that you find a group owner that you can add value to. Do things to keep their attention and stay on top of the prospects’ minds.   “The Ultimate Listing Strategy” episode resources   Connect with Jimmy Burgess on LinkedIn and Facebook, as well as his YouTube channel. ●      If you like what you heard today, we’d love it if you’d share a rating or review, and then subscribe to the podcast and tell others about it as well. You can find The Real Estate Sales Podcast on Apple Podcasts, Google Podcasts, Spotify, and Stitcher, as well as at our website, The Real Estate Sales Podcast.  

Here's a step by step guide on how to do a Comparative Market Analysis for real estate agents. You will win the listing appointment, help more people, and increase your overall listings taken with this strategy. The perfect pricing strategy provides scope and perspective. It helps to determine market value. A powerful pricing strategy along with a robust CMA are tools agents can use to secure the listing appointment and helps to qualify you as the #1 agent in the minds of your clients.GET MY FREE SCRIPT BOOK HERE: https://www.brendanbartic.com/ Knowing WHAT to say and HOW to say it determines your success with a prospect. When you know both, your confidence will skyrocket!TURN PROSPECTS INTO CLIENTS, OVERCOME INSPECTION OBJECTIONS and BECOME A BETTER NEGOTIATOR with Brendan's FREE Script Book. A complete collection of over 70+ SCRIPTS and OBJECTION HANDLERS that Brendan has personally used to sell thousands of homes.LIKE FREE RESOURCES?WANT MORE TIPS, TRICKS, RESOURCES, and RE BUSINESS TOOLS? Join our Private FB Group, Brendan Bartic Real Estate Coaching: https://www.facebook.com/groups/58438...

Assessing your own home value is a complicated issue, it's not as easy as simply looking at what other homes have sold for the area, though this is a part of it. Let's get an inside peak into how Realtors and Appraisers assess value, so you can figure out and follow along as your home grows in the Marketplace. As always, please reach out if you would like help getting a Comparative Market Analysis on your own property from an expert, I have expert connections all over the globe and can get someone to help you if your not in my local area. Please listen in, if you'd like to learn how: To contact me for a CMA in your area: https://heathermcclaren.longrealty.com/contact/heathermcclaren --- Send in a voice message: https://anchor.fm/heather-mcclaren/message

When considering your next move, these are top 7 REASONS WHY SELLERS SHOULD BE ON THE MARKET NOW. Especially in this COVID-19 Era, selling a home can be a very stressful proposition. We have all protocols in place to follow and help our sellers move through the process smoothly. And we work with many serious, motivated buyers waiting for the right property to make their move. We have the ability to test the market also to see how many potential buyers may be interested in a particular property/neighborhood. To request a Comparative Market Analysis for your home, Email us at RelocationGal@gmail.com with your name, address, and your timeline when you would like to move. Book a call or ZOOM meeting on Calendly.com/RelocationGal Mirella B. Kaell M.S. REALTOR GREEN SRES KW Bay Area Estates, Los Gatos, CA DRE 02057622 408-404-8156 --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/relocationgal/message

Marian LaSalle and Lady Lou, are pleased to introduce you to our special friend and co-host, Kelly Lawson. Kelly is a Multi-Million Dollar Producing Realtor, a Pricing Strategy Advisor, and a Certified VA Loan Agent. Plus, she is a Professional 5-Star Award Winner (2012, 2014-2020), and a 5-Star Agent (2010-2020) with the Houston Association of REALTORS® She specializes in neighborhoods in the northern areas of Houston, 1960/Cypress, Spring, Tomball, The Woodlands, Conroe, and more… FREE OFFER: Do you want to know the worth of your home? Get your FREE estimate along with the Comparative Market Analysis https://www.har.com/leadform/klawson/40PO5 ~~~~~~~~~~~~~~~~~~~~~ Contact Information for Kelly Lawson: Phone – 936-525-9589 E-mail – Kelly@KellyLawsonSells.com Website – www.har.com/kellylawson Facebook – https://www.facebook.com/KsueIt/ LinkedIn – https://www.linkedin.com/in/kelly-lawson-83ab78a/ Texas Real Estate Commission Links: https://members.har.com/mhf/terms/dispBrokerInfo.cfm?sitetype=aws&cid=608962 https://www.trec.texas.gov/forms/consumer-protection-notice ~~~~~~~ Contact Marian LaSalle ~ Live Stream Show Producer ~ Digital Marketing Trainer ~Mastermind Host ~Podcaster ~ Show Host, & YouTube Content Creator https://NaturalCuriosity.Life Mastermind Group - Sign up today for Marian’s Mastermind group. This group is not like the traditional Mastermind. Yes, we share and support each other, BUT, the BIG difference is that Marian finds and teaches different software her members need to grow their businesses. Click here - https://NaturalCuriosity.Life ~~~~~~~ Contact Lady Lou Dewey ~ Show Co-Host, Creator of Custom Interviews with Lady Lou - https://www.patreon.com/thebabyboomerbabe, & YouTube Content Creator - https://www.youtube.com/channel/UCRaMIOP_zp77fK6zNSZKxRg ~~~~~~~~~~~~~~~~~~~~~~~~ Our time together is full of fun and laughter as we talk about topics based on RESETTING our lives, living happier and healthier, increasing our prosperity, love and our outlook on life. We invite you to join us every day! You may ‘listen’ to all our Shows on your favorite Podcast platform under ‘Natural Curiosity.’ YES! You can take us with you everywhere you go! Please ‘JOIN’ our Natural Curiosity Group on Facebook. You can find all our links on our website – NaturalCuriosity.Life. P.S. A favor, please… By SUBSCRIBING you are helping us reach more people who may really need to hear our messages on inspiration, hope, self-improvement, having fun, and togetherness. And, you may click on the little bell on YT to receive ‘notifications’ of our LIVE SHOWS in your e-mail Inbox. Thanks. P.P.S. You may help us even MORE by SHARING our videos & audios with your Social Media Friends. Look for the SHARE button under the video. Please ‘be nice’ and give us a vote of confidence by clicking the little THUMBS UP or ‘LIKE’ button! BIG HUGS to YOU! LOVE YA! --- Send in a voice message: https://anchor.fm/naturalcuriosity/message Support this podcast: https://anchor.fm/naturalcuriosity/support

The Sales Comparison Approach compares recently-sold local similar properties to the subject property. Price adjustments are made for differences in the comparable and subject property.The sales comparison approach is the foundation for the real estate professional's CMA, Comparative Market Analysis. It is a process used to determine the current market value of a property based on recent sales of comparable properties in the area.LISTEN ON:ITUNES: https://apple.co/2UGqwiaSpotify: https://spoti.fi/2V1gOaOAndroid: http://bit.ly/2vn8PKtHave you looked at our InvestorComps e-Training Courses, and Real Estate Comps Data Packages? This winning combination gives you everything you need to be successful in Real Estate Investing. Are you ready to take the first step on your new path to success and freedom?Leave your thoughts and let us know what else you want, you are curious about or if you would like to suggest any topics for MJ to cover, and we can find the answers for you!To your success!

  Welcome to Episode #118 of the Real Estate Redefined Series. In this episode, Dan Forsman shares insights about the 2020 real estate market including predictions from his conversation with Lawrence Yun, Chief Economist from the National Association of REALTORS®. Dan also shares a great MoxiPresent Success Story and exciting new programs from Prosperity Home Mortgage that will save consumers a significant amount of money and reduce their risk. Watch the video for more details! Watch the video for more details!       —- Transcript —- What will the Greater Metro Atlanta Real Estate market look like in 2020?  Just watch the rest of this video to find out!  I know my son’s dog Indie will! Roll RER Intro  I am Dan Forsman and welcome to Real Estate Redefined.  Last Wednesday, I attended the FMLS First Look Event to see some of the new initiatives FMLS is planning for 2020.  At the event, I spoke to Lawrence Yun, Chief Economist and Senior Vice President of Research for the National Association of REALTORS. Lawrence shared that the real estate market for Greater Metro Atlanta area was in great shape and he expects closings to be up 4% and average sales price to grow 5% in 2020.  He expects a continuation of strong job growth for our area.  Lawrence commented that our home prices remain affordable compared to other metros and he believes that our buyer demand will continue to be fueled by the growing migration patterns for businesses and new residents moving to our area.  He shared that the biggest challenge in the coming year was lack of inventory – especially in the entry level markets. Lawrence expects new home starts to grow but not fast enough to offset our low inventory market segments.  Home values will continue to rise where we have strong demand and lower inventory. To help our associates and clients in this competitive, low inventory environment, we have just introduced a powerful new platform from MoxiWorks.  The first phase is MoxiPresent which is includes the industry’s best CMA or Comparative Market Analysis solution.  Two of our great associates in our Cobb Roswell have an amazing success story.  They were working with a new client who had previously listed his home with another real estate company for 6 months at $640,000.  The seller had contacted Madeline Sable and Cynthia Bowman because of their successful track record in the community.  Madeline and Cynthia had just attended our training class on MoxiPresent and prepared a comprehensive CMA for the seller – who was a licensed appraiser.  Once the seller saw all the market facts, he agreed to the recommended list price of $599,000.  Madeline and Cynthia launched their MEGA Open House marketing and attracted and incredible 120 visitors!  They secured a buyer and negotiated a full price offer.  In addition, they also qualified 20 great buyer and seller prospects.  MoxiPresent is a powerful solution that allows our associates to create amazing CMAs, Buyer Tours, Neighborhood Tours plus many types of online presentations including videos.  We are seeing success stories all over our company.  At our VISION 2020 Kickoff meeting, we will also be launching the new MoxiEngage CRM which will help our associates take their business to a whole new level.  Congratulations Madeline and Cynthia! You are great examples of Associates who know how to leverage new innovations to deliver more value and better service to your clients and customers. When I was with Lawrence Yun, I also asked him if he thought the Federal Reserve would lower interest rates further.  He does not expect that to happen in 2020… but expects mortgage rates to remain under 4%.  Given the competitive nature of buyers getting the properties they really want, our mortgage company has introduced several new programs to strengthen their offers in a competitive marketplace.  The Second Opinion Program simply provides a free competitive option and we are able to provide a better package in over 80% of the oppo...

Comparative market analysis(CMA) and appraisals are used to figure out where to price your home at. Although they have the same overall task, the execution and exact purpose are different. This is a pretty important distinction if you are looking to sell your home! But, don't worry! David Kurt is flying solo this episode to inform you of everything you'll need to know about CMA's and appraisals! So, tune in and get ready to learn! Do you have a real estate question you would like answered by experts? Let us know!

Selling your house ? is a HUGE undertaking, making sure you get the MOST ?money for your home is KEY❗️ Joe Gonzalez and Khol Curtis discuss the best way to maximize your homes value, the methods used to prepare CMA’s (Comparative Market Analysis) and the common misconceptions home owners have when selling❗️ Have questions❓ Post […]

El concepto de hoy en Aprendiendo el Lingo es: Comparative Market Analysis (CMA) Que es un analisis de comparables y por que es tan importante? Esperamos que lo disfruten! No olvides compartir este episodio y dejarnos un review en iTunes con tus comentarios. Siguenos en nuestras redes sociales y dejanos saber sobre que quisieras aprender en los proximos capitulos. IG: @sehablarealestate @themultifamilyinvestor @mr_ventures FB: Se Habla Real Estate sehablarealestate.co

Understanding comparative market analysis and how they can help guide home buyers and sellers.

Aloha! Join Jamie today as she talks about the Comparative Market Analysis in Real Estate.

In this week's episode I talk about the importance of a CMA and the different situations where a CMA can really benefit you.

We are seeing a "shift" in the market, with nearly 5.7 months of inventory on the market, up from 5.4 month in May 2018, longer days to contract (now at 68 days up from 63 days in May 2018) and pending sales down 2.3%; it won't be long before we are at a true buyers market again in Southwest Florida.  Here are some key items to look at (Single Family Homes). Closed Sales are up 8.1% in May 2019 over LY May 2018. This is the first month in 2019 that we had positive comparable closed sales numbers! April we were down 6.8%, March we were down 4.4%, February we were down 4.1% and January we were down 18.7%.  Prices are up! Median Sale Prices are up 1.6% and Average Sale Prices are up 3.3%.  The Median Time to Contract (up 7.9%) and the Median Time to Sale (up 1.4%) have both increased - meaning the homes are taking longer to sell.  The single family homes between $ 100,000 and $ 199,999 have the lowest median time to contract and days on listing. What is even more interesting is that this price range has the least amount of new inventory on the market. The most inventory we are seeing coming in on the market is the $ 250,000 - $ 350,000 price range - which ALSO has the highest Median Time to Contract (more inventory and less buyers in this pool).  Please SHARE this podcast with a friend and have that friend share this with another friend. Please leave us a review!!  If you want to know what your home is worth - contact Jason Jakus or Eric Grainger for a no obligation Comparative Market Analysis and Broker Price Opinion.  Jason Jakus - www.JakusRealtyTeam.com - 239-931-9778 Eric Grainger - www.EricGraingerPA.com - 239-494-0775  

A Real Estate Agent's Guide to Performing a Comparative Market Analysis. Get a lead and set your first meeting with them. Reasearch the home before this meeting. Be ready to answer all questions about the process and the home from the seller. Set up your Agency Disclosure Form and your Marketing Presentation. Go to your first meeting and get your Agency Disclosure signed. This is a must here in Massachusetts. Tour the home, ask questions, and pay attention to the seller when walking around. Ask what the seller has in mind for a price. Talk about yourself, your Marketing Plan, and best points about your services. Schedule another meeting a few days away and go create the CMA. Do your homework, research more, and know the property and market at that moment. If you look and sound like you are prepared and knowledgeable on the property and the history of sales in the area then you will land more listings.

A Step-By-Step Guide to the Home Selling Process. Just like the last podcast where we went step-by-step through the home buying process, this week we go through the step-by-step of the home selling process. Before jumping into selling your home there are a few things that you should consider. Where are you going next? Should you have an attorney represent you on the sale? Who do you get to sell the home? Do you need a lender? We go over step-by-step the process of selling your home from start to finish. From finding the right agent to needing a attorney and a lender we discuss how the sale process goes if you are either living in the home or need to sell another place. We also talk a bit on analyzing the price you should set for your home using a Comparative Market Analysis which should be provided by your agent, and how to price based off the history of your area. Now that you are selling your home there are some things that you should do to prepare for Open Houses and other agents who want to take clients through your home. Cleaning and organizing should be a priority as you want your house to look its best for the possible buyers. Review all offers with your agent and decide who's offer you will accept. The buyer now, based off any conditions in the offer, can have an inspection done on your home to make sure there is no underlying issues. If you went with an attorney, which we suggest, they will work with the buyers attorney to finalize the Purchase and Sale Agreement. Final steps now need to be taken, like getting final readings for all utilities and the fire department needs to do a smoke inspection. Now head on over to your closing and finalize the sale. Once the attorney or agent goes to the registry of deeds and reports the sale you will receive your money and you can close on a new place if needed. Remember if you or someone you know has any questions of selling a home or needs to sell a home reach out to any of our agents. They will be more than happy to help.

Real Estate Attorney Rick Carter, Comedians Tony V and Christine Hurley chat with Rick Nazzaro as they attempt to fill the gap of vacationing Para Legal Extraordinaire Kathy Holtshouser and they discuss: The stresses caused by Kathy’s absence in the office The many horror stories of former employees of Carter Law Offices #WhyNot Tony see’s Foreigner (the band) Real Estate is starting to shift Fewer offers More inventory Where and what are markets getting hot? Good economies help second home sales in seasonal areas Are you second homeless? Who should have a CMA or Comparative Market Analysis done? Is it worth hiring a professional to do one? There is more to it than just using a service like Zillow Christine shares her after “school special moment” aka “camping”   If you need a Real Estate Team that can walk you through the purchase of your new home start with Carter Law offices. All that and much more on this week’s episode of Real Estate House Party recorded this and every week at The Studio 21 Podcast Café and hosted on The United Podcast Network!

Using both online valuation methods and our comparative sales analysis approach, we can acquire several different data points into our comparative market analysis to get the most realistic suggested listing price range and the most likely estimated closing price range. For more details on this and other Lighthouse Leadership Live! classes, visit our website at www.hohmanhomes.com.

Want to sell your Michigan Home? Get a FREE home value report Want to buy a Michigan Home? Search all homes for saleToday, I want to talk about the future of home pricing. For decades, homes have been priced the same way. Realtors look at comparable homes and run a Comparative Market Analysis.Part of that is a necessary evil. When I meet with a prospective seller, I like to focus on absorption rates, what’s coming on the market, days on market, and other factors. These factors give sellers a better perspective and insight compared to basic questions about bedrooms, bathrooms, and price per square foot. Home buyers have shifted their focus from bedrooms, baths, and price to lifestyle, affordability, and commute times. In recent years, buyers purchase a home to suit their lifestyles. Right now, companies are creating algorithms to calculate the true cost of ownership. These algorithms will take factors like the age of the home, features, and mechanics to figure out the cost of ownership. That’s just one factor these new algorithms will take into account. A buyer can search for homes based on mortgage insurance, school quality, and proximity to favorite recreational hangouts. These pricing models will allow users to manipulate the algorithms by selecting properties and adjusting for market activity in their desired area. You can also search for the cost of home ownership, projected expenses, location, market activity, and the condition of the property.For example, let’s say you purchase a home with a new roof that will last for 30 years and plan on living there for 10 years. That’s less expensive than buying a home with a 15 year old roof that’s designed to last for 30 years. You will probably have to spend more money on roof upkeep. You may even have to replace it, raising your cost of ownership. This technology is very new. I’m going to stay on top of it and direct you to it once it’s working well. I’m very excited about this new technology. If you have any questions, give me a call or send me an email. I would be happy to help you!

Selling your Charlotte area Home? Get a free price evaluation Buying a Charlotte area Home? Search all homes for saleSpring has sprung in the surrounding Charlotte area! Today, we’re covering how to prepare for the springtime market. If you’re thinking of listing your property anytime soon, we need to meet right away!Over the next 30 to 45 days, our marketplace will experience increased competition. Sellers are anxious to list their homes, too. That’s why we need to be one step ahead of them! Since we’ve been listing with sellers before the springtime market kicks off, we’ve been able to sell for a much higher price. These sellers then can take advantage of low inventory, when there are fewer homes listed. “Sell now at the high point! ”If you’re considering selling your Charlotte home, sell now at the high point! As we go into spring and summer, you can buy at a lower point with more competition. You can still take advantage of historically low interest rates right now as well. Don’t miss out and act today.If you’re thinking about buying or selling a home in the local region, reach out to me by phone or email. I’d be happy to answer your questions and serve your real estate needs! Additionally, I can conduct a cost-free, obligation-free Comparative Market Analysis at your earliest convenience.

The Illinois Real Estate License Act of 2000 now authorizes real estate brokers to issue Broker Price Opinions (BPOs) and Comparative Market Analyses (CMAs) in connection with the sale or rental of real estate. It also exempts licensed real estate brokers from the Real Estate Appraiser Licensing Act of 2002 when they are issuing BPOs and CMAs for no compensation other than in connection with the sale or rental of real estate. This podcast with attorney Steve Migala explores the legislative changes to this Act as well as BPOs and CMAs generally.