Murphy Real Estate - Competitive Market Analysis
For most people, selling a home is one of the biggest financial transactions they'll ever experience. And, unfortunately, the process of selling a home is now more complex and time consuming than ever before. Therefore, in order to be successful, you often need extensive marketing, financial and legal experience.
In many cases, unless you are an expert home seller, going the for-sale-by-owner (FSBO) route can be a frustrating and potentially costly experience. If you do choose to sell your home yourself, be prepared to stay close to home for days, weeks, maybe months to show your home. You'll also need to be accessible during regular working hours when most showings occur.
Properly pricing your home is perhaps the most crucial factor in making a sale. Although you and your agent set the price, buyers determine the value. They'll compare your home and your asking price to similar homes on the market. If your price doesn't stack up, they may reject it and move on to the next listing. And the longer your property sits on the market, the less marketable it becomes because buyers begin to wonder if something is wrong with it.
The first step in determining the right price for your home is to have a Murphy real estate professional prepare a Comparative Market Analysis (CMA) report for your home. The report we provide you will share details on recent sales of homes similar to yours, as well as the asking price of homes currently on the market. We will then balance that information with other factors such as locating, condition of your home, special interior or landscaping features, age of the house, and your time frame to determine a fair and competitive asking price.
Murphy Real Estate knows what works to sell property. We will
provide you with Maximum exposure,
committed service and monitored results, leveraging the latest technology along with:
- Cutting
edge technology, tools and resources that are working for you 24 / 7 / 365
- Professional
and thorough marketing plans that yield analytical results
- Interactive
web pages with Maps, Photo & Video tours, useful data and much more…
- Search
Engine Optimization & Marketing (SEO/SEM) best practices
- Social
media & blogging integration that leverages personal networks and connections
- Detailed
property activity reports, updates and metrics… delivered with honesty and
integrity
Our commitment is to provide you with superior
service and expertise in real estate combined with our extensive local knowledge
of Cape Cod and the Islands.
We welcome the opportunity to be your trusted
counselor and negotiator - We will produce results for you.
Fill out the "Contact Me" form to the left and we will reach you at your convenience.