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How We Look at Data to Price Homes, by Jean Scott

Hi, I’m Jean Scott at Keller Williams Advantage Realty. We had a great question – a customer asked, “What is my home really worth?”

Using a computerized data source isn’t always the best way to find the true value of your family’s home. So, while the data is very clear, you do have to look at several different variables to come up with the true value of your home.

First off, we’d like to look at how the market is performing as a whole. The Orlando Regional Realtors Association does publish this monthly in their Market Pulse. 

Secondly, you need to take a look at what’s happening around your home and around your community. We usually go about 2 miles out and take a good, hard look at what’s happening in your area. Third off, we like to say what are the most like homes that have recently sold that are most like your property, and then look at it from that point of view and collect that data and review that with you. When we go over that with you and your family, we can come up with the truest value for your property.

Our consultations are always free, and my best suggestion would be to contact us 6 or even 8 months before you’re really ready to list and sell your home. We can come out and do a pre-listing appointment for you and your family and we can advise you on how to maximize your home’s value. I hope to hear from you soon. Bye!

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