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Price it right in a cooler market!

Blog by Diane Cardoso | January 29th, 2013

How do I set the right price in a cooler real estate market?


Maintaining a competitive edge in a cooler real estate market is the most important factor in drawing prospective Buyers to your home.  Establishing an asking price that will draw these Buyers to your home requires extensive research plus practical experience.  A Competitive Market Analysis (CMA) will show you the facts about the current real estate market and will compare your home to others sold or currently on the market in your neighbourhood.  All the information provided on the CMA is a matter of public record and this information will compare features and improvements similar to your home.  The Real Estate Board of Greater Vancouver maintains extensive listing and sale statistics and these are also studied when preparing a CMA.  Price it right and Buyers will be on your doorstep!


If you are looking for an updated CMA on your home, just give me a call, email or text.        ~Diane