Home Evaluation & PricingThe most important factor when selling your property is price. Underpricing is like throwing money away, but overpricing can end up costing you more.Tony Cikes unique Home Value Analyser is based on actual market data, trend analysis and years of experience. By combining a comprehensive property evaluation with our in-depth comparative market analysis, then adjusting for current trends and price factors, we can determine a true market value. Our goal is to achieve the maximum selling price for your home within a reasonable period of time on the market. Property ConsultationOur team will meet with you to view and evaluate your property and at the same time discuss with you your reasons and goals for selling. Every situation is different and a specific strategy is designed after carefully assessing all the data. When considering moving, there are many options to sellers that sometimes get overlooked, we look at timeline, market conditions, rental options and even refinancing options. Buying can sometimes be an emotion based decision but selling always requires a strong and strategic business case. Comparative Market AnalysisTony Cikes custom developed Market Analysis software allows us to collect and analyze real-time market data for active, sold, and terminated listings based on our targeted search criteria. The resulting Comparative Market Analysis snapshot (CMA) provides an accurate summary of all recent market activity for homes comparable to yours. The goal is to achieve the maximum selling price for your home within a reasonable period of time on the market. Market TrendsOur team lives and breathes real estate which means filtering information on a macro level as well. This is the study of trends. In addition to following daily market fundamental factors, our team invests strongly in development and coaching with top real estate experts. Tony Cikes also actively tracks market technical indicators including interest rates, listed vs sold volumes, housing starts, migration statistics, and rent-to-buy ratios. The analysis of this information is combined with the current statistical facts to base our advice and strategies on. Pricing FactorsThe first thing buyers will look at is price. On average, buyers view about a dozen properties before making an offer on a property. As a result, they have a good overview of the market and will compare your property against the competition. There are two key factors to analyze in the science of selling a home: the percentage of buyers in relation to market value and buyer activity vs. timing. Statistics show that overpricing a property almost always nets less money in the end than an accurately priced property. Be aware that some listing price quotes are designed to attract you to sign an agent contract with unfair and unrealistic expectations. Price reductions are sometimes necessary due to market trends, but an inflated listing price can be detrimental to realizing the highest net gains. Summary AnalysisBy considering all the above factors and combining with the intangible element of experience, we have developed a process and strategy to analyze a property’s value. Our experience and market focus ensures you have the right facts, knowledge, and a dedicated team of professionals behind you to be confident in your selling choices. Everyone should get the most for their property (most don't however) and it’s easy to be wooed by flattering numbers. Be careful to choose information based in the current economic reality rather than just what you would like to hear. Next Step: Start Your New Home Search |