Get answers to legal questions about real estate

the question
Before I list my property for sale, how can I get an accurate idea of what my home will sell for?

the answer
You can contact a Realtor Broker and ask them to do a Certified Market Analysis (CMA) or a Broker Price Opinion (BPO). There may or may not be a fee for this and there are laws in North Carolina that govern how this is to be done. So always use a professional agent. The second and more obvious way is to commission an appraisal to be done by a licensed real estate appraiser. There will be a fee for this as well. In both cases you will have some documentation in hand to help make the decision for your listing price.

Phillip C. Price
Real Estate Closings

• Affordable • Experienced • Accessible
828-633-2374 • www.phillippricelaw.com 

Barrett W. McFatter, AssociateBarrett@phillippricelaw.com

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