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Real estate agents use the following method to determine the value of the home of a person in the market. The first step is the process of market appraisal. The home of a person is compared with other homes that have similar features. The homes that are used for the process of comparison are known as comparable.
The comparable homes can be found in a database which is known as Multiple Listing Service. Every state maintains this database, which is abbreviated as the MLS. If you want to sell your home quickly, you should not price your home too high. It should be comparable to the prices of other homes of a similar type in the locality in which you live. You should take advantage of the available resources.
The comparable homes can be found in a database which is known as Multiple Listing Service. Every state maintains this database, which is abbreviated as the MLS. If you want to sell your home quickly, you should not price your home too high. It should be comparable to the prices of other homes of a similar type in the locality in which you live. You should take advantage of the available resources.
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