If you ask several people what they think the VALUE of your home is; you are likely to come up with several different answers.
That's why your REALTOR's opinion should be relied upon when listing your home for sale. They know the market, and they know how to PROPERLY PRICE the home to get it SOLD.
Your Realtor has an UNBIASED opinion that is determined by doing a Comparative Market Analysis (CMA, also known as a Current Market Analysis or Competitive Market Analysis depending on who you ask.)
Below are the results of an In-Depth Study that was performed; Based on the opionions of parties involved in a real estate transaction. We asked the the value of a particular home and none of them could agree. They all have a different perception, and a different point of view.
So this is how your home's value is seen through the eyes of the seller, the buyer, the lender, the appraiser, and the tax assessor:
Home As Seen Through the Eyes of: