Home Selling Guide
When you sell your home with Barker Realty, you leverage the power of our experience, market knowledge, and technology. Every member of your Barker selling team prioritizes a single goal—to help you sell your home for the best price possible and in the shortest possible time.
Ready to SellMarketing Your Home with Barker Realty
Locally owned and operated with deep roots in Santa Fe history, Barker Realty operates differently than most real estate brokerages. We give each of our sellers personal attention throughout every step of the home-selling process, thanks to the high caliber of our brokers and a home marketing system supported by a completely digital transaction process that utilizes checklists, calendars, digital signatures, and notifications to ensure a smooth selling process.
Pricing Your Home
Pricing your home correctly is a critical early step in the home-selling process. Your Barker Realty broker will carry out a comparative market analysis (CMA) that compares your home to recently sold homes in your area. “Recently sold” may equate to anywhere from six months to a year, depending on current market conditions.
Factors that go into a comparative market analysis include the location, age, and condition of your home. A CMA will also compare your home to recently sold homes with similar characteristics such as the number of bedrooms and bathrooms, square foot of living space, and lot size.
If your home has features such as a home office, guest quarters or an in-law suite, or a swimming pool, the CMA may include similarly featured properties.
Although there’s no industry-wide standard for a CMA report, it will typically include:
- Three to five comparable properties
- A description of each property
- The square footage of each property
- The sales price of each comp
- Dollar adjustments for any differences between the subject property and the comparables
- The adjusted sold price per square foot of each comp
- The fair market value of the subject property