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Reason 13 - An Agent Helps You Do the Right Things At the Right Place at the Right Price
Just like buying any product that means a lot to you—monetarily or emotionally, it has to be done in the right time, right place, and right price. The same analogy applies in real estate. If you are trying to buy or sell a property, a Comparative Market Analysis (CMA) should be your effective tool to a successful transaction. Otherwise, your opportunity for success will slip your hand.
Getting the services of an experienced and highly credible real estate agent (when it comes to selling or buying), is your only chance to get ahead with the competition. Never underestimate the capacity of the real estate agent to provide you a sound CMA result, considering his network and long-time market knowledge in the industry.
Entering the complicated and most competitive part of the real estate market could mean a “bloody” experience, if you do not get advice and consultancy services from an partner. The CMA obtained by your real estate agent would provide you a deep insight on the real condition of the market, as well as the pricing system and style. It also gives you a clearer picture of the movement of the market—your competitors (for sellers) and wide availability of real estate products (for buyers.)
Obtaining a CMA at hand will give you the utmost competitive edge toward negotiating with your buyers or sellers—saving you from complications and unprofitable and failed transactions that will lead you to regrets in the end.
Real estate buyers, for instance, will be able to see the wide options of real estate products and comparable prices that the sellers are offering, if CMA results are readily available. But you should remember that only real estate agents who are well experienced in the field can interpret soundly on the given results and also have the knowledge how to access the available options offered in the market.
With consultation from an agent, the CMA could give you a complete grasp on the best transaction. In fact, you will be surprised to get a cheaper deal. This means getting the right property at the right price.
This technical market analysis will give you the overall information of the industry, both locally and internationally. This may include the pricing, trends, and other technical issues that may sound new to you.
In comparing the prices based on the CMA, you will be able to negotiate effectively with the property seller, or owner, without worrying if he is overpricing. Your agent, on the other hand, will be on your side to help you deal with the seller effectively, thereby, closing a good transaction that is mutually beneficial to you and the seller.
You can never go wrong by using CMA result with the help of your agent to purchase a property. This will not only apply effective for property buyers, but for sellers too.
Buy, Sell, Rent, Invest, In Singapore
Billy Chen
CEA Registration Number : R029372I
Tel: (+65) 88689999
Fax: (+65) 64021826
billy@billychen71.com
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