Wednesday, 23 June 2021

Right ways to find the real estate comparables

 


In the real estate industry, successful properties are those that have a competitive edge — a feature or characteristic that enables it to stand out. With the help of some good old-fashioned detective work, you can figure out what sets your property apart from the competition and build a solid sales proposition that will put you ahead of the pack.

The value of real estate assets substantially depends on its location. Therefore, to assess the value of a particular property, it is necessary to find out the real estate comparables.

As a real estate agent, we find out real estate comparables to give better guidance to our clients. But finding the real estate comparables is not an easy task. There is a lot of manual work involved.

Three smart ways to find the right comparable for your property:

1.    Market analysis: It is a tough and exhaustive process to find similar properties and find the right real estate comparable for evaluating the property price.

2.    Hiring the professionals:  Hiring the real estate property valuer or appraiser who knows all about the property market will save you time and money.

3.    Using online tools: Use online property calculators to find the comparables in the quickest way

Looking at the comparable sales is one of the areas where people get tripped up. If you are unable to do the comparables correctly, you will not have your house appraised correctly. Connect with FVG Property for the best home valuation services. We are a team of expert property valuers who are experienced and qualified property valuer. Feel free to contact us.

If you're an investor looking for a good deal then you should contact FVG Property to find Real Estate Comparables. We do a comparative analysis of appraising the value of an investment property, based on its physical condition, location and market conditions.

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