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| Created | 4/25/24, 7:17 PM |
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| Pagename | Kelly Kormos, Nashville Area Realtor |
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| Link Url | http://instagram.com/kormosrealestateteam |
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| Page Name | Kelly Kormos, Nashville Area Realtor |
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| Body | Little known fact: past sales data (comps) aren’t always the best way to price your home.<br /> <br /> Yes, read that again.<br /> <br /> Past sales data isn’t always the best way to price your home.<br /> <br /> Just because a similar property sold for a certain price doesn’t mean that’s what your property is worth.<br /> <br /> The comparison approach is what most data is based on, but it is NOT everything.<br /> <br /> Sometimes a property will sell for way less or more than market value.<br /> <br /> Even if a house looks *on paper* like a good “comparable”, it might have other factors going on:<br /> <br /> - smells (like smoke, vape, pets, mustiness or mold), inspection issues, distressed sale<br /> <br /> Or<br /> <br /> updates not featured in the listing, home was better than photos, improved area features not shown <br /> <br /> It is a myth that market data is only as good as the last sale.<br /> <br /> Averages, medians, and trends are great, but what is *actually going on* in the current market is so much more than this.<br /> <br /> It’s one thing to see data, but analyzing the data properly takes true market intelligence. This comes with studying the trends and buyers’ reactions to then over a long period of time.<br /> <br /> That is why I developed my own pricing system, where I analyze dozens of points of data before pricing your home.<br /> <br /> If you’re ready to sell and want your home analyzed with our pricing system, send me a DM and we’ll get started. 😊 |
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| Current Page Name | Kelly Kormos, Nashville Area Realtor |
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