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What Is a CMA, Anyway?
The Competative Market Analysis (CMA) utilizes real world data from the MLS to integrate the sales price agaist a host of property features. It beats Zillow’s “Guesstimate” as it takes from the regional MLS in real time. However, NO TWO HOMES ARE IDENTICAL!!! Location inside a community, lot size, sun exposure, neighbor privacy, landscape condition and quality, roof age, paint, trim, driveway size, street width and parking, and other factors affect real world value from the exterior of the home. Curb appeal is the first impression and often can be a deal killer. First impression upon entry to the home is even more vital.
The CMA is therefore a starting point to compare basic features. The next step – and before you spend a dime on repairs – is to have the real estate professionals visit your property to review your property to round out the comp report with information the CMA cannot possibly cover and offer advice to obtain the best return on your sale – highest possible price, with least amount of expense in the shortest p[ossible time.
What About Instant Cash Offers – AKA Wholesale Buyers
Consequently, this is where the so-called “iBuyer” and Instant Cash Offer investors FAIL MISERABLY at protecting your interests. They use fear and cloudy math to talk homeowners into selling wholesale, costing homeowners $1000’s in equity retun on sale. Homes are NEVER identicle and the market is driven by consumer appeal, marketing and timing. The idea that home value is relative, is a Wall Street lie bought into by those seeking a shortcut. Carvana thought they could scale a wholesale buying program for car sellers and buyers, and FAILED MISERABLY! Homes are infinitely more complex…
For best return, there is NO SHORTCUTS.
Hire a local professional and your return will be substantially better – We guarantee resuts, and any professional Realtor will too. If you would like a local Realtor referral and have an advocate for your best results AT NO COST TO YOU, contact us for free assistance. We will research, interview and advocate for your best marketing & negotiations with a local Realtor to sell your home (& buy a new one!) at no charge to you. Take advantage of of our expertise in success! Contact us for more info today – call/text 480-409-8716 or email SOLD@GerardiGroup.com