Page 7 - Selling your Home - The CommFREE guide to all you need to know

3. What other houses in your immediate area have sold for recently.

It is important to realise that you need to look at the actual selling prices achieved (which

means you need access to data from the Deeds Office), and that you compare your home
only to other houses in your local area. Property prices do not always move up so be
careful to only look at recent selling prices.

4. What other houses in your immediate area currently selling for.

Remember, the advertised selling price for a home and the actual price achieved are
often very different. As a rule of thumb, the actual price achieved could be 10% below the
advertised price. CommFREE save you a lot of time and effort by compiling all this
information for you.

5. The opinion of an experienced local estate agent.

The estate agent should be able to give you a good estimate, but beware – some agents
may suggest an overly optimistic value in order to win the mandate to sell your property.

In a tough property market, an agent that gives you a valuation that seems high is
probably not someone you should trust with selling your major asset. Using the
CommFREE system, the agent gains no benefit by falsely inflating the value of your home.

6. The most recent municipal valuation.

This is usually valued below the current market price.

7 7 Title of the book
The CommFREE Guide to Selling your Home