STEP 3: Compare Pending Sales (Homes in Escrow)

STEP 3: Compare Pending Sales (Homes in Escrow)

“‹Next, you must review comparable homes currently in escrow to those that recently sold. This will give you an idea of what buyers most recently were willing to pay.   Consider how quickly comparable homes went into escrow by looking at the Days on...
STEP 2: Look at Recent Sales

STEP 2: Look at Recent Sales

Once you’ve identified comps, the next thing you must do is look at comparable home sales in your area forthe past 3 months. If there aren’t many sales (say, under 6), then expand your search to 6 months. This will tell you what buyers were willing to pay...
STEP 1: Identify “Comps” (Comparable Homes)

STEP 1: Identify “Comps” (Comparable Homes)

First, what is a “comp?” Comparable homes (“comps”)are homes that are in the same area as yours, and have a similar home size, lot size, condition, and, if possible, style of home. Consider the area: It’s important to analyze homesin just...
Vanity Fair event with Rachel Zoe at David Yurman

Vanity Fair event with Rachel Zoe at David Yurman

A few days ago I was lucky enough to attend an invite-only Vanity Fair event at David Yurman Beverly Hills with Rachel Zoe and my good friend Donna. David Yurman is jeweler to the stars, so it only made sense that a celebrity stylist like Rachel Zoe would be there. It...