The Auction Method is the quickest and least complicated method of selling Real and Personal Property. An Auction turns property into QUICK CASH. Real Property sells “as is” and closes out within 30 days following the Auction. Personal Property proceeds are distributed within 5 Business Days following the Auction.
A comparative market analysis (CMA) helps a seller determine an asking price that is neither too high nor too low, based on how much similar properties have sold for in the past year with adjustments made for differences between the sold properties and the subject property.
When contact is made with an Auctioneer on having an auction, it is wise to ask for a written proposal. It is also a good business practice to ask for references to be included in the proposal. An Auction proposal should identify the property to be auctioned, include the auctioneer fee for holding the auction, […]
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Interest rates are at an all time low. With lower interest paid on mortgages, it means you can get more house for the amount you can afford to pay each month. If you lock in for a 30 year term at today’s interest rates, when interest rates rise, as they surely must, your interest rate […]
Perhaps everyone should first know is what a CMA is not. It is NOT an appraisal. It is a Comparative Market Analysis, sometimes referred to as a Competitive Market Analysis, performed by an experienced Real Estate Professional, to determine a range of value for a Real Estate Subject Property.