Market Analysis

Fang Fang Realty offers great help for determining your property value by using comparative market analysis. To achieve the maximum selling price for your property, this market analysis is separated into three different categories: currently for sale comparable properties, recently sold comparable properties, and failed to sell comparable properties. Currently for Sale Comparable Properties: By looking at these properties, we can ensure that we are not pricing your property at a lower value than it actually is by assessing the available options a serious buyer may have when choosing a property. Recently Sold Comparable Properties: Recently sold properties in the past few months can be used as a reference to determine how the market prices properties similar to yours. These sales are also analyzed by banks and other lending institutions to determine the amount that can be lended to qualified buyers. Failed to Sell Comparable Properties: We can determine your property’s selling price by referencing these properties that failed to sell. It helps us avoid pricing your property at a value that can scare away buyers or not attract them. This Comparative Market Analysis is a report custom prepared for you. It analyzes properties similar to yours in order to determine your property’s maximum selling price and sell it in a short amount of time. Other factors also impact the pricing of your property: Building Condition: Sellers should understand that the building condition of their property plays a role in the selling price. The better the condition of the building, the higher the property can be priced. Local Expertise: Location plays an important role on pricing as well. Properties located in certain neighborhoods, streets, or avenues will be more desirable than others.