After seeing several homes do you find yourself asking, "Which one had the wonderful kitchen and which one had the ugly carpet?"
To help you remember you can use a simple form to takes notes as you go through each home. Your notes can be brief such as, "Not much cabinet space", or "Beautiful cabinets". Having notes to go back over at the end of the day will help you picture each home in your mind's eye.
Using a rating system:
"Of the ___ homes we have seen we would rank this one at #____"
helps you to narrow down the choices to the home you liked the most.
A copy of this form suitable for printing is available in .pdf (Adobe Acrobat Reader) format at Home Evaluation Form. You are welcome to print out as many copies of the form as you like for your personal use. (Reproduction for anything other than personal use is strictly prohibited.)
Property Information: Address ________________________________________________________
Price ____________________ Size (SF) ____________ Stories ____ Bedrooms _____ Baths _____
Buyer Comments - Interior (size of rooms, layout, colors, carpet condition, special features):
________________________________________________________________________________
________________________________________________________________________________
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Exterior (general appearance, roof condition, yard):
________________________________________________________________________________
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What aspects of this property impressed you or were the most positive?________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
Were there any negative aspects for you as a Buyer?
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
Of the ______ homes you have seen in this price range/size, how would you rank this one? # ______
Is this a home you would like to see again before making a purchase decision? ____ Yes ____ No
Agents Name: ____________________________________ Phone: _________________________
Comments_______________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
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Courtesy of http://www.ExclusiveBuyersAgents.com - Copyright 2005 - May be reproduced for PERSONAL use only
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Comparable Sales
The value of a home is determined by it's "Market Value". Market Value is defined as the price a willing seller will accept and a willing buyer will pay for a property that has been exposed to the market for a reasonable length of time.
To determine Market Value you look at similar homes in the same area that have sold recently (preferably within the last 6 months) These are called "comparable sales." These are homes that compare closely to the one you are wanting to purchase. They should be similar in square footage, number of bedrooms and bathrooms, garage space, lot size, and type of construction.
Finding comparable sales is easier if the home is part of a tract of homes where you are most likely to find the same models to compare against one another. If it is not in a tract if is often more difficult to find sales to compare to.
Real estate agents have access to the records of recent sales as well as descriptions of the homes that have sold recently.The agent will know how to properly interpret this data and adjust it to compensate for varying condition of the homes and any additions or variances on each property
A Buyers Agent will provide you with all the data you need, interpret that data for you, and assist you in determining what to offer for a home.
While a Sellers Agent can provide the raw data, they are not allowed to help you evaluate that data or to assist you in determining what the home is worth or what your offering price should be.