I WANT A FREE CURRENT MARKET VALUE REPORT
Sell Your Home
My commitment to representing the seller is focused on 3 primary areas of expertise: Constant Communication, High Definition Marketing and Effective Negotiating Skills.
​
-
One of the distinguishing characteristics of our brand of service is effective, frequent and personal communication. By voice, text, email and in person, fully engaged with you and on your behalf.
​
-
Your property is local, but the buyers are coming from all over the globe. No matter where they are coming from, the first impression they get of your property is from pictures on the web. Our brand of global marketing believes in the power of high definition photography and virtual tours.
​
-
Undergoing this complex and emotionally charge transaction may be daunting. We will represent and protect your interest, with our expert negotiation skill.
How Is Market Value Determined in the Real Estate Market?
The current market value of a property refers to the estimated worth of the property in the present real estate market. It is the price at which a willing buyer and a willing seller, both being reasonably knowledgeable and under no pressure to act, would agree upon for the property.
​
Several factors influence the current market value of a property, including:
​
-
Location: The property's proximity to amenities, schools, public transportation, and local services can impact its value.
-
Comparable Sales (Comps): Real estate professionals often look at recent sales of similar properties in the same area to help determine the market value.
-
Property Size and Features: The size of the property, the number of bedrooms and bathrooms, and other features such as the condition of the property, upgrades, and overall aesthetics contribute to its value.
-
Economic Conditions: The overall economic conditions of the region, including employment rates, local economic growth, and interest rates, can influence property values.
-
Market Demand and Supply: The law of supply and demand plays a crucial role. If there's high demand for properties in a particular area and limited supply, it can drive up property values.
-
Comparable Rental Rates: The rental income a property can generate is often considered when determining its value, especially for investment properties.
-
Market Trends: Real estate markets can experience trends, such as increasing or decreasing property values, and these trends can impact the current market value.