Thinking about selling your Austin-area home? You’ll want to be well-informed so you can answer the question – “What’s my home worth?”
Because of the dynamic Austin real estate market, it’s helpful to get the insight and advice of a Realtor. A good Realtor will explain the process they undertake when making the critical decision for what to price your home and when best to place it on the market.
Sellers and buyers are often at odds with one another; sellers naturally want top dollar for their home and buyers want the best deal that they can get. My job as a seller’s agent is to identify and secure the best price possible. And one of the tools I use to help set a listing price is by performing a customized analysis of your home’s current worth.
What’s a CMA?
A “CMA,” or comparative market analysis, occurs when I research and provide timely and factual market data that helps evaluate the right price for your home. I’ll look at how the Austin market is currently performing and the conditions in your area of the city and of course specific to your neighborhood. I’ll evaluate data for comparable homes (or “comps”), including:
Current inventory on the market and what has sold recently
The price per square foot
The number of days the homes have been for sale
Changes in the Austin real estate landscape
I’ll also evaluate your home’s unique features, it’s exact location, amenities (like a canyon view), its special amenities and its overall condition. To decide and set your best price we’ll take all this information into consideration while determining your personal goals.
To receive the highest price possible you’ll want maximum exposure within the Austin marketplace. New listings receive the most attention but if they’re priced too high, they may be disregarded by buyers or their agents. So it’s very important to price the property right the first time!
Let’s Get Started
If you’d like to start discussions about your home’s worth, I offer my Austin-area clients a personalized home analysis at no cost. To begin, just contact me and I’ll get started on my research which I usually complete within a day.
I look forward to helping you sell your home and securing your next adventure!
Joe Paul Reider
Home Style Austin Founder
Keller Williams Realty Email: JoePaul@KW.com
If you’re leaving the Austin area, sad faces; we’re sorry to see you go and wish you the best!
If you’re moving within the Austin metroplex let me know how I can help you find and transition into your next home!
For folks moving to Austin, welcome! Make sure and explore my website and this very blog for some great tips for newcomers to the Austin area!
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