Posts Tagged ‘mls’

April 16th, 2011

Real Estate Market Analysis – The Business Market Analysis Aspect of Real Estate

Real Estate Market Analysis – How To Analyze Real Estate

Real Estate Market Analysis

FREE Comparative Real Estate Market Analysis

To be successful in real estate investment, you need to be able to know beforehand whether a property will be profitable for you. Although you may not be able to provide a 100 percent guarantee of profitability with any investment that you make, accumulating all the data that you can get will be able to give you a high level of confidence in deciding whether a real estate will be a money maker. Seasoned and knowledgeable businessmen and investors never discuss a deal blindly. They come prepared with facts and figures provided by reputable sources, like government data.

It is a common practice for any self-respecting businessman or company to be able to do a thorough research and analysis of the market that they are invested in, and in the business world this is called market analysis. And for the real estate market, a similar process is also done and is called Comparative Market Analysis or CMA.

The Comparative Real Estate Market Analysis is an indispensable tool real estate investors and professionals whether they are dealing with a seller or a buyer. Why? Because a Comparative Real Estate Market Analysis is your prime basis for determining the true value of a property and this will help them look at the listing price and negotiate properly. They can then determine a value that they can offer where they will be able to make their profit. Or at the least, be able to shy away from a potentially loss incurring real estate deal.

How can a Comparative Real Estate Market Analysis do this?

Typically, a Comparative  Market Analysis consists of data that includes the records of the most recent properties sold in the same area that shares highly similar characteristics with the real property being subjected to the deal. They can have similar sizes, location, and developments. Making a comparative study on the properties, a real estate professional will be able to make an intelligent summary and estimate as to the true value of the said property. From that estimate, an investor will then be able to see if he or she will be able to make profit.

For a highly dependable Comparative Market Analysis, you should have reliable sources; this will include data and reports from your local public records by the government, and from highly reputable real estate companies and professionals, as well as from the MLS or Multiple Listing Service for your locality.

For a more comprehensive Comparative  Analysis, your report should also include comparisons with homes that are currently listed and are actively on sale, those that are pending, and even with those that have already expired listings. This will not only give you an idea on the current market value, but also on the trends of the value and the time frame that such a property turns over.

You should remember though that you shouldn’t just take the report at face value. There are also other considerations that can factor in on the devaluation of a certain property, which can lower significantly the margin for error. This factors will include the state that the property is in, which may require additional costs for repairs and upgrades, as well as the financial state of the previous owners or sellers which can influence the value as well.

Keep in mind that a Comparative Market Analysis is only an estimate. Take the time to do a manual calculation as well as going for ocular inspections. Combining all these analysis and processes, you will be able to make the right decision.

For more information and tools Comparative Real Estate Market Analysis or FREE Training for Real Estate Investing Click Here

-Aislee

April 9th, 2011

Sell Houses Fast in Savannah, GA with the Price You Deserve

Who Else Wants To Sell Houses Fast in Savannah, GA with the Price You Deserve

Sell houses fast

Sell Your House Fast

It has been said that the average American changes residence about 4 to 6 times in their lifetime. This may seem odd to anyone but there are numerous viable reasons why people sell their homes. Whatever your reason may be, if you haven’t sold a house ever before, then you have got a lot of learning up to do.

Sell Houses Fast – a breeze or not?

Some may think that selling a house is a breeze; just leave it to a realtor to take care of it. Sure you can do that, but what if you want to sell your home in a jiffy, and still get a fair price out of it? Most of the time, homeowners that needs to unload a property right away are either stiffed on the purchase price, or can’t find a buyer immediately. If they do, they may even have to spend more on the repairs and upgrades that some buyers demand, that’s more cost on your part, not to mention the commission that the realtor will demand.

To Sell Houses Fast or to sell your house click here

The problem here is because there are not a lot of buyers out there just now. And buyers that are looking for homes are either being very cautious or demanding with their purchase, which they have the right as home buying is a big investment, or they have a bad credit. Also, the number of home sellers far outnumbers the buyers as more people are now selling their homes for various reasons. This is currently experienced all over the country as well as in Savannah, Georgia.

Sell Houses Fast Tips

To give you a slight edge in selling your home in Savannah, Ga. fast, here are a few tips that you can do:

•    Fix and prepare your home the best and most affordable way that you can. You don’t have to spend thousands of dollars, just get rid of all the most damaging and unsightly problems like holes in the wall, exposed wire, stained walls and flooring, and the like. Even simply cleaning and de-cluttering your home to give it the feel of extra space can do wonders.
•    Fix on a realistic asking price, be flexible to the financial capabilities of your buyer, you don’t have to cut so low, but make sure that both of you get a fair deal. Compare your homes to other similar homes in your area, this can give you a good idea to come up with a figure.
•    Market and promote your home. By simply taking photographs of your home, you can effectively show it to a wider audience through the internet. There are websites that offer free listings for home selling, post in as much websites as you can.

These are just a few samples, there are so many other things that you can do to answer numerous issues to Sell Houses Fast. With the present state of market, you can expect to wait some time, answer a lot of questions, and haggle greatly before you can even find a buyer.

Sell Houses Fast -  Seller’s Win-Win Strategy

But, if you want to avoid all of this, your home in Savannah can be easily sold faster if you deal with a real estate investor. Why, because investors are always on the lookout for homes and properties that they can develop and profit from. They can offer you the best possible price that they can offer to give you a fair deal. With no banks or financial institutions to deal with, they can give you the money you need instantly as they have their investment money. They also buy homes as is, meaning, you don’t need to do a lot of work in improvements. Plus, they do all the dirty work for you, like all the required papers and documents. Now why go through all the trouble of waiting?

To Sell Houses Fast or to sell your house click here

-Aislee

Feel Free to call me @ 912-695-0665 until 10PM Est For a FREE Consultation to sell houses fast or to sell your house