Realtors price homes using Comparative Market Analyses that compare similar sold, active, and expired listings, adjusted for market conditions and local expertise.
The Essential Home Selling Price Tips Every Homeowner Must Know
Use online estimators, comparative market analysis, and real estate agents to determine an objective market value and set a strategic price to attract buyers.
Sales Comparison Approach: A Guide for Home Sellers
The sales comparison approach, also known as the market data approach, estimates a property's value by comparing it to similar properties that have recently sold in the same area.