If you’re planning to list your home for sale, it can be daunting to know how to price it accurately and competitively. This is where a CMA from a professional real estate agent can easily help. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that without one, sellers are at risk of pricing their home too high, deterring competitive bids, or pricing it too low, so they leave money on the table. CMA stands for comparative market analysis. A CMA is a tool used by real estate agents to estimate the value of a property. This is done by comparing the property to similar ones in the same area that have recently sold to compile a report. By conducting a CMA, real estate agents can help homeowners selling their property price their home appropriately and accurately with the market. Check out below to see what sold in Chase Farms in August 2024:
22210 Chase Drive, Novi: 4 bedrooms, 3.1 bathrooms, 2,940 sq. feet, 3 car garage, Sold Price: $870,000
Chase Farms Home Sold
August 2024
If a seller prices their house too high, they’re at risk of not selling. If they price too low, they’re risking missing out on profit. As a result, a CMA can help sellers get offers on par with their area, which also benefits prospective buyers by protecting them from unfair or inaccurate pricing. CMAs can also empower buyers with the information they need to make competitive, and attractive, offers on a home. For more information on Chase Farms, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.