Anatomy of An Offer on Your Property
By Margaret Woda, Maryland Real Estate & Military Relocation
(Long & Foster Real Estate, Inc.)
How to evaluate an offer on your property When an offer comes in your property, Mr. & Mrs. Seller, here's what you can expect when we sit down together to go over it. The first thing we'll do, before we even look at the offer, is to examine an updated Market Trends Analysis for your local area that's similar to the one I prepared for you when we listed your home. It's the best way I know of predicting whether the market is likely to improve or decline in the coming weeks. Understanding the market trends may influence how we proceed with this offer. Additionally, we'll review an updated Competitive Market Analysis (CMA) to find out the specifics of nearby home sales that may have occurred since the last CMA I prepared for you, as well as any details about active listings that are you...
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