Posts with tag 'CMA'
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20
Mastering Property Valuation With Technology
As a real estate agent, you play a pivotal role in the market by being the primary person buyers and sellers turn to for guidance on property value. To find success for both yourself and your clients, it's crucial to master property valuation, which is the process of determining the market value of a given property. Property valuation influences pricing strategies and negotiations, two key aspects of your job as a real estate sales associate.Â
The Key Factors
Mastering property valuation begins with understanding the key factors.
- Location: You have likely heard the adage "location, location, location" many times b...
15
Create A CMA Report In Just 2 Clicks
A comparative market analysis (CMA) is one of the most valuable tools you can have for helping a seller price a property to move. If you work with sellers, you will create hundreds or even thousands of these reports over the years. Without a CMA, properties can easily be overpriced or underpriced, undercutting the seller's goals.
What Is a Comparative Market Analysis?
In a comparative market analysis, the real estate agent evaluates recent sales throughout the area so they know how much real buyers are prepared to pay before a property goes on the market. The analysis is "comparative" because the agent must identify similar properties in the area that have sold over the last few months.
The number of bedrooms and bathrooms is the most significant point th...
27
Take Your CMA Reports To The Next Level
As a real estate agent, one of the most important services you provide to any client is pricing the home to sell. A home is priced "to sell" when it meets both the seller's needs and those of the actual buyers who may put in a bid. Without that, a home could easily languish on the market.
You know that when a home lingers on the market, it's not a good sign. Traditionally, real estate agents have tried to close on a home within 30 days. With every passing day beyond that mark, more potential buyers are likely to wonder if something is wrong with the property.
Conventionally, a property that takes 90 days to sell ends up getting relisted.
Over the last two years, some homes have sold in as little as 24 hours. But the market is changing, and it is more crucial than ever to be attenti...
11
Introducing Delta Pitch, Your New CMA Portal
Building a Custom CMA Has Never Been Easier Than With Delta Pitch.
On May 30, Delta Media Group® will release Delta Pitch, a Comparative Market Analysis tool that makes it possible to create a CMA in as little as one click.
Building a custom CMA has never been easier. And to top it off, Delta Pitch is integrated with the DeltaNET®, so you don't have to look far for it. This feature goes hand-in-hand with DeltaNET® 7, Delta's next generation of customizable, automated real estate technology releasing this fall.
So, how does it work? It's as simple as entering an address and clicking the link to build a CMA. You have a beautiful, company-branded CMA with comps, recent pending's, and more in just one click. Built on top of an AI platform, it will provide all relevant properties and other important information in an attractive, intera...
