In this competitive market, it's hard to know how to rise to the top of all the buyers looking at YOUR house.
A CMA, Comparitive Market Analysis, is a report that your agent can put together to see that the house you want is priced correctly. "Comps" are other properties that are similar in makeup to your future home, and help support the value that you'll pay for your home.
Remember that there are different values out there, and that there is no magic equation. Fancy online sites will give "estimates" of a home's value, but they don't take into account all pieces and nuances of a home's features. Tax rolls are just what the home is listed at for tax purposes, and is not that same as "market value" of a home. Market value is described as the highest price a ready, willing, and able party is willing to buy, and the lowest price a ready, willing, and able party is willing to sell, with neither being under any pressure.
Depending on your budget and location, there may be many other offers. Don't be discouraged if you don't get the first house that you bid on, there's more fish in the sea!
I always tell my clients to be cautiously optimistic, and I'm here through every step, property and offer that we go through.
Hello! My team and I are passionate about helping people build stability and wealth through solid investments in real estate, either for their personal residence or for investment purposes. We also LOVE to market and SELL your existing property to maximize your return and make the process as smooth as possible for you. Give us a shout today for a relaxed conversation about your real estate goals!
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"I initially contacted JB regarding a house he had listed in the DFW area. This conversation led to him becoming our buyer's representative for the house we ultimately purchased. I was out of state and traveling constantly, but JB made extensive time to listen and understand our real estate needs. He helped us become mortgage pre-qualified very quickly, thoroughly explained the real estate purchase process, and navigated us through a rather complex market environment...
For me, after speaking with JB for just a few minutes about my complex situation, I truly felt that he "got it." For anyone interviewing prospective realtors, I recommend including JB in the list."