The Art of Comp Selection One of the trickier home features to account for in a Comparative Market Analysis (“CMA”) is a busy street. For a family with little kids, a busy street may very well be a deal breaker ” in which case the discount is theoretically infinite. At the other extreme, an investor looking...Read More
Dream Home? Maybe Not, But Dream Price Everyone in real estate (and many outside of it) knows the phenomenon: homes on busy streets turn over more often. The explanation is self-evident, right? The occupants get tired of the traffic and move on. That may certainly be true, but as a Realtor, I see another, economics-based...Read More
The Art of Comp Selection One of the trickier home features to account for in a Comparative Market Analysis (“CMA”) is a busy street. For a family with little kids, a busy street may very well be a deal breaker ” in which case the discount is theoretically infinite. At the other extreme, an investor looking...Read More
The Art of Comp Selection One of the trickier home features to account for in a Comparative Market Analysis (“CMA”) is a busy street. For a family with little kids, a busy street may very well be a deal breaker — in which case the discount is theoretically infinite. At the other extreme, an investor looking...Read More
Three Questions to Ask One of the last hurdles for would-be Sellers and their agents to surmount before signing a listing contract often is how to handle prospects who’ve already expressed interest in the home. Sometimes, what appears to be very serious interest. The conversation usually goes something like this: Homeowner: “My neighbor’s daughter/son-in-law’s best...Read More
From 16,000 Houses Down to . . . a Dozen or So “Before you’re addicted to heroin, you have lots of worries; after you’re addicted . . . you just have one.” –George Carlin on the “virtue” of being a heroin addict. “I’m not in favor of abolishing the government. I just want to shrink it...Read More
