The Value of a Buyer Agent and a Comparative Market Analysis

The cost of a home can seem like a moving target, especially in highly desirable markets. The services of a buyer agent are beneficial to both buyers and sellers to ensure sales proceed smoothly.

Bronx, United States - May 25, 2019 /PressCable/ —

A majority of people that are dreaming of home ownership typically don’t know they have the services of a buyer agent at their fingertips. A buyer agent helps manage appointments, keeps viewings manageable, and is a veritable encyclopedia of knowledge about the local real estate market. They’re highly skilled at collecting and analyzing data that can be used to their client’s advantage.

One of a buyer agent’s skills is creating a comparative market analysis (CMA). He/she will factor in prices of surrounding properties that were sold and their valuation. They’ll understand the local economy and the forces that affect the neighborhood. A buyer agent is methodical and provides an in-depth analysis through a multi-step process.

One of the first steps is to analyze the major features of properties that buyers are exploring. They will look at all the major features, amenities and selling points of the property ranging from fireplaces, hot tubs and gardens to pools, patios and sunrooms. The number of bedrooms, bathrooms and square footage will also be considered.

The buyer agent will also look at the age of the home, if any improvements have been made, and when. Those can include a new roof or remodeling projects. The location of the property will also play a role. A buyer agent will know if the property is near a school, shopping outlets, museums, beaches or public transportation.

Retaining the services of a buyer agent is equally beneficial for sellers and realtors. Collecting and analyzing the requisite data is a time consuming task to create a CMA. Hiring a buyer agent is advantageous for determining the price of a particular property and ensures an equitable sale. They can assess the quality of any given neighborhood and identify if there are any curb appeal issues.

The cost of a home can seem like a moving target, especially in highly desirable markets. The services of a buyer agent are beneficial to both buyers and sellers to ensure sales proceed smoothly.

Contact Info:
Name: Dawn Lee
Organization: Dawn Lee Bronx Real Estate
Address: 4627 White Plains Road, Bronx, New York 10470, United States

Source: PressCable

Release ID: 516886

Latest News

When disaster hits, Indonesia's Islamists are first to help

Jun 19, 2019

PALU, Indonesia — The flags hanging outside Anwar Ragaua's house have drawn warnings from police, but the wiry 50-year-old vows he's not taking them down. After all, the police weren't there to help when he was the sole fisherman in his village to survive the tsunami that inundated the Indonesian city of Palu at dusk on Sept. 28. Nor was the government. Nor were the aid organizations that swept into the stricken region in remote central Sulawesi. Instead, the first people to offer him hope — and a new boat — were deployed by a hardline Islamic group notorious for...

China issues travel alerts, slams US 'interference'

Jun 19, 2019

BEIJING — China issued a pair of travel warnings for the U.S. on Tuesday and slammed what it called "interference" in its internal affairs. Foreign Ministry spokesman Geng Shuang accused the U.S. of acting in bad faith in trade negotiations and said any attempts to interfere or undermine China's stability would be "doomed to fail." The volleys of criticism between the two largest economies leave them further than ever from resolving their standoff over U.S. complaints that Beijing resorts to unfair trade practices and unscrupulous methods to obtain advanced technologies. The Chinese comments followed a statement from the U.S. Trade...

Challenge to Indonesia vote makes big claims, weak on proof

Jun 19, 2019

JAKARTA, Indonesia — The court challenge to Indonesia's presidential election from the losing candidate claims that the police, intelligence agency and other state institutions were biased in favor of the incumbent, but its evidence for "massive" fraud is mainly printouts of news articles. Former General Prabowo Subianto has refused to accept the results of the April 17 election and instead declared himself the winner. Seven people died in what police say was orchestrated rioting in the capital last week after official election results confirmed President Joko Widodo had won a second term with 55.5% of the vote. Subianto's legal challenge...

China deploys Confucius in bid to boost religion controls

Jun 19, 2019

BEIJING — China has begun five-day Confucian culture immersion courses for religious leaders in the sage's hometown as part of a campaign to extend government control over faith communities through a process of sinicization. The ruling Communist Party's United Work Front Department said in a news release issued Monday that the activity was designed to ensure the primacy of traditional Chinese values above all. "To hold activities here ... is a collective tribute to excellent traditional Chinese culture and a conscious identification and integration with Chinese culture," said the release, posted on the department's website. Participants pledged to "cultivate the...

6 die in Indonesia riots; Widodo says he won't allow unrest

Jun 19, 2019

JAKARTA, Indonesia — Indonesian President Joko Widodo said authorities have the volatile situation in the country's capital under control after six people died Wednesday in riots by supporters of his losing rival in last month's presidential election. The clashes began Tuesday night when supporters of former Gen. Prabowo Subianto tried to force their way into the downtown offices of the election supervisory agency and have continued unabated since then. More than two dozen vehicles were burned as rioters took over neighborhoods in central Jakarta, throwing rocks and Molotov cocktails at police who responded with tear gas, water cannons and rubber...

Search for something?

Sign up now!