Michelle Talks Real Estate: WHAT IS A MARKET ANALYSIS ?

When you decide to sell your property and
have identified a real estate agent to possibly
work with you, that individual will do a “market
analysis” or “pricing proposal” He or she will
study the properties in your area, usually
within a certain radius of your home. Ideally,
these properties will be comparable in age
& style & will have approximately the same
square footage, lot size & the same number
of bedrooms & baths as well as other similar
features. The list will include properties that
are active on the market but also those that
are under contract and sold within the last 6
months. This information will help generate a
price range for listing your home.

I know how to combine an objective
evaluation of a property with a realistic
assessment of market conditions in order to
establish an accurate, fair price. When you
choose me as your real estate agent to sell your
home, I will provide you with a market analysis
of your home as well as an individualized
marketing plan. Begin the process with a call
to 1199 Amboy Ave., Edison.

HINT: The agent will prepare a booklet
with the information & explain it to you.
It will help you compare apples to apples &
settle on a reasonable price.

 

Michelle Rizzo

Broker Associate/Owner
RE/MAX Diamond, Realtors
Office (908) 501-2651
Cell (732) 549-9500
michellerizzo@remax.net