Top Reasons Why a Free Market Analysis in Pleasanton CA is Important
Thinking of buying or selling a home in Pleasanton CA? Have you already set your home buying or selling budget? What are your expectations when selling a home? How much are you willing to spend for a new home for sale?
There are a lot of factors that can help determine one’s success in finding and selling a home. The real estate market can be tricky, especially for first-time home buyers and sellers. They need the guidance of a trusted and experienced Realtor® who can help them make better decisions when it comes to buying and selling their homes. One of the benefits of hiring a real estate agent is getting a free market analysis in Pleasanton CA.
What is a market analysis?
A market analysis is a report on the real estate market in a particular city. It varies not just by location but also in length and complexity. The standard market report contains information on the following:
Active Listings - these are the homes that are currently for sale.
Pending Listings - these are the homes that were once for sale but are now under contract.
Sold Listings - these are homes sold within the past six months.
Canceled Listings - these are homes once up for sale that were recently taken off the market.
Expired Listings - these were once homes for sale that sellers weren’t able to find buyers for.
Why is a market analysis important for home buyers?
These market reports are important for home buyers to help them make informed decisions when it comes to purchasing their dream home. The report will show them the different kinds of homes that are available for them, within their home buying budget.
With this report in hand, they are able to determine exactly how much home they can afford, when is the earliest time they can purchase and move into the home, and if they have a lot of competition for their dream home. They will be able to check how many homes have features that are similar to the home they’re looking for, therefore they are able to manage their home viewing time wisely. They wouldn’t have to go through all available homes for sale in the market just to find the one closest to their dream home. They can better schedule their time and discuss the details of certain homes with their Realtor®.
Why is a market analysis important for home sellers?
One of the tops reasons why a free market analysis in Pleasanton CA is important for home sellers is they help set seller expectations on how much they are willing to accept for their home for sale.
They are able to study homes that are similar to theirs, from square footage to features to amenities and upgrades, and put their home for sale at a fairly reasonable price.
The market report is also helpful for home sellers to time exactly when they should put their home up for sale. They will avoid risks of not having any offers on the home because of too much competition. They will also be able to make better decisions on what is the best price offer to accept for their home for sale.
With the help of your real estate agent, it can be a lot easier to sell your home or find your dream home. Get a free market analysis today from the top Realtor® in Pleasanton CA by visiting http://RhondaFee.com.
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