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How does a real estate agent determine the recommended list price for my property?

April 26, 2017agent determine list price Property Real Estate recommended

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How does a real estate agent determine the recommended list price for my property?

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The agent will present you with a Broker’s Market Analysis (BMA). The analysis presents you with a number of factors including (but not limited to) location, condition and age of the property. In addition, a review of current homes on the market coupled with past sales will help determine the most effective list price, and estimated sale price.