How To Assess and Evaluate the Home Real Estate Market in Your Area

June 1, 2017

What is your market like?

This needs to be the first question that you ask yourself. Don’t know? Get to researching!

You should know what types of property are currently available.

Start by checking out the real estate trend report to see what the buying and selling trends are like in your area. Is your locale a buyer or a seller’s market? Another important factor to keep in mind are how many days are houses in your market taking to sell. Days on market (DOM) will help you measure the demand in your area.

You can request to have the DOM calculated or it is often listed for homes in your area on sites like Zillow and Trulia.

These are some things that you will need to know about your area when you’re assessing the market:

Recent activity
Realtors in the area
Crime rates
Average property value
Amenities nearby
New projects in the immediate area
Pricing trends

Take a look at comparable homes

Comparable homes, or comps, are recently-sold homes in your area that are similar in style, size and age/condition to your home.

This is a great way to set the expectations before you embark on your home real estate journey. Utilizing this practice will also help you get an idea of what you are up against.

In order to use this approach, the homes you evaluate must adhere to the following:

Be as similar to your property as possible
Have been sold within the last year
Have been sold under conditions that are typical of your market.

Find out more about how homes stack up in the Southern Florida housing market here.

Compare your market to others in the vicinity

Are there any major changes being made in the suburbs or downtown closest to your market? Landmarks, monuments, important points of interest will all play into your assessment.

Areas that have certain monuments or landmarks may be more desirable to live in and you will need to know how your market on the outskirts will stack up in comparison.

Analyze your findings on home real estate

So you did all the research, now what?

Now it is time for you to see what this means for the sale of your home. When you put all these details together you should have a pretty good idea about what you are up against.

Think your home real estate can stand out among the masses? We know that selling your home can feel like a huge challenge. Luckily, you don’t have to do it all by yourself! We’re here to help. Get in touch today to learn about your next steps!

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BiggerEquity

4.8

Bonnie Christensson

21:20 14 Jun 17

Don was very helpful in trying to figure out ways to either sell my home or invest in my property in order to avoid foreclosure. I appreciate all his ideas and helpful suggestions and look forward to his follow-up call in a couple of weeks on the situation to determine something that may work best for me in my unusual dilemma.

Danny Cohen

00:01 13 Jun 17

These are truly great guys to work with. They are honest, professional and always positive. I highly recomend and endorse Bigger Equity!

Dean Dang

18:19 28 Mar 17

Eden is an honest individual that runs his company BiggerEquity.com with integrity. As a fellow investor in this industry, it is rare to find a person of such caliber. He is a pleasure to work with and I am very thankful to have met him.

Daniel Sasson

21:54 01 Nov 17

Don and Rami helped me sell my home, quickly and without issues. They gave me cash in about a month even though my house needed much repairs. They are great to work with, and strongly recommend to use them to sell your house.

Shantise Gibbons

23:04 01 Oct 17

Don was very professional and helped me and my aunt in every way possible. We we're in a rush to move and Don exceeded our expectations on selling our house. I thank you so much

Jose R. Alvarez

16:40 23 Nov 17

I wanted to take this opportunity to express my sincere appreciation to Eden and his service. Words cannot express how greatful we are to have experienced such a dedicated and giving person. My story begins with my in-laws and trying to get them out of a house that was lived in for over 30 years. Because of unforeseen circumstances and aging, the house was too much for them. I tried to make some repairs but found it overwhelming, as the work was just too much for me. I didn’t now what to do... and began to pray for a miracle. I truly believe in prayer because a few days later, God sent me an Angel. You see, Eden was no ordinary man trying to make a living, he is someone who sees the bigger picture, feels the pain of his clients, and makes decisions based on the greater good; creating a win, win for both. He believes that we must give to receive... he gives his God given talents, treasures, and yes, his heart to the business. I true human being... Because of Eden we sold our home in a week, and was able to purchase another in a short period of time. He coached me on how to sell, buy, and much more. I truly recommend you partner with Eden during your real estate needs. He is truly someone special. I thank him from the bottom of my heart for all that he did for my peace of mind and my in-laws! God bless you and your company. May you prosper and grow to become an amazing organization!read more

Michelle Plaskoff

16:26 20 Dec 17

Rami was both professional and empathetic..the transition from my old home to my new one went very smoothly...I would highly recommend this company to anyone.

Mr. Mojo Rosin

23:43 26 Jan 18

Great Crew, helped me out so much with selling my house. It was a quick transaction and everything went smoothly.

Carlos Rodriguez

02:31 01 Feb 18

After the death of my mother I had to sell her house. My time was limited since I live outside the state of Florida, this added tremendous stress. I had to sell right away. I believe prayer lead me to him. I contacted him, four hours before i had to take a flight back home, he came right away. He Educated me on the process, answered all my questions. I never felt pressured. I have no words to thank Eden for his professionalism, integrity and genuineness. I have never before dealt in a business transaction with such complete assurance. He kept every appointment and every promise. No surprises, clear and up-front , I had an amazing experience. His demeanor is the same from the moment I meet him until the final closing table and beyond. My advice to anyone who reads this review, call Eden you have nothing to lose. I assure you will be writing a positive review in a few months just like me. Wish you well. Carlos- Georgia.read more

Matthew Jerry

18:08 28 Feb 18

I worked with Rami to purchase a home he was selling. He was very responsive and easy to work with. Without his help, my client would not have purchased the home he was selling. I would bring clients to him if they needed their home purchased quickly.

. LAWRENCE

02:59 04 Mar 18

I owned a home in Boca Raton for several years. I never lived in the house. It was purchased for my daughter. She & her family moved & the house was vacant for awhile. It was in good shape and a popular model. To sell it I dealt with brokers. I deal with real estate brokers in New York. The Florida brokers commission rates were 40% to 50% higher than homes I sold in New York Unfortunately the brokers efforts were not successful.. In addition the Florida closing costs are higher for New York homes I sold. Based on these differences and no closings I decided to find a cash buyer. More wasted time would cost carrying costs such as real estate tax, utilities, insurance etc. I was very lucky to find a cash buyer soon after my change in focus. On the internet I found Mr Rami Shahmram of Bigger Equity. He was interested in my home & he immediately went to the house and made a very quick decision. The decision was positive. He did his due diligence and we went to contract. He also was able to expedite an inspection and his other requirements and we agreed on the cas sales price He was able to expedite the closing and we closed last Friday. If I ever decide to sell Florida homes I will be look forward to deal with Mr Shahmram again. Jack Lawrenceread more

Lynette Rodriguez

01:28 07 Mar 18

Eden was great. Professional, honest and extremely helpful. I recommend him to any person trying to make a quick sale of their property. I’m very thankful for all his cooperation and advise.

Daniel Sanguily

17:59 07 Mar 18

Don contacted me, he was always available did all the leg work and made it very easy and quick. There is nothing but good things I have to say about him. Thank you very much for being so proffesional

Peri-Anne Chobot

01:33 27 Mar 18

All of the other reviewers are 100% accurate! I just sold a home that I owned in Margate, FL that I had not lived in for years. Not being in the area presented some complications for me with having someone live in the property. One morning I was searching the internet to see if there was a possibility of selling the house and Bigger Equity's website popped up - and Eden was on-line for the chat. That was the beginning of the sale process. Eden was so easy to work with. From my initial contact to the closing he was very attentive and kept me informed of every step - we were able to close in less than a month because of his attention to detail and preparedness. He possesses those personal and professional characteristics that are rare in many people nowadays - he is honest - he does what he says he's going to do - he has integrity - not over-promising which insures that he can deliver - he is fair - our deal was a fair deal - he is kind - selling a less than perfect house can be difficult but his honestly was wrapped in a kindness that further supported his integrity. I had an overwhelming sense that everything was going to be ok and work out just as he said it would ....and it did. When other reviewers say he was their angel - I understand what they mean. I also appreciated how motivated Eden was - it is very refreshing to work with someone who is motivated and hard-working. I submit this unequivocal recommendation for Bigger Equity and wish Eden and Rami nothing but the best of luck! If I had more houses to sell I would work with Eden again in a heartbeat.read more

Stacey Wills

18:01 12 Jul 18

During a tough time in my life Eden was very helpful with providing information with a person who had no clue what the process was even though he could not help me with my particular situation. I would recommend him to anybody.

Grv Gotti

23:52 31 Jul 18

Don did a excellent job through out the process of selling my property. He was very proactive on keeping me informed on updates, and status on the process of selling my property. He also is great at his job, dealing with his clients. Also I would highly recommend don when it come to the process of selling a prospective property you own. Don is the best in the business of what he does, it will be difficult to find someone better.

Felette Thompson

21:54 07 Aug 18

Buying your first home can be both exciting and scary, but selling your first home is even more stressful. The questions that can come to mind can leave you mentally exhausted, such as are you making the right choice? However, both my husband and I had nothing but a positive experience working with Rami and the Bigger Equity team! Rami was right there with us from the beginning to the end of the entire selling process. He assured us that we were making the right choice through his market knowledge and we haven’t looked back since. The process was both friendly and efficient for our family. We were able to sell our home, receive the fair equity that we had acquired and transition into our new home. Big thanks to Rami for everything...you’re the best.read more

Nissan Lamusicano

03:45 26 Aug 18

Helpful, knowledgeable representatives. No hidden fees, quick and good deals, better than anything else I've seen. Truly recommended working with this company.

Shearon 's dancing Sun Conures M

17:08 29 Jan 19

Don and Nathan were amazing to work with. My home was in contract within 30 days. I’m very happy with their services.

Debbie Dungan

17:17 13 May 19

Working with Nissan,Rory and Everyone at Bigger Equity has been a God sent because they are so honest, trustworthy, and have answered my prayers..Not only have they gone out of their way to make everything go smoothly, stress free with the sale of my home but they have become great friends..Thank you so much for the most outstanding, fabulous professional treatment that I am able to go forward with my life..God Bless you all at Bigger Equity and special thanks to Nissan and Rory...

Sean Crofutt

01:35 16 Mar 19

Don and his staff were a pleasure to work with. They were helpful and caring.

roman konovalenko

20:49 06 Jun 19

I didn't think I'd work with this company, yet, even when it didn't seem I would, they advised me and directed me to the best choice for my interest and not their own. Such a thing is very rare these days. And so I decided to go back to them when I needed to sell my house. I'm planning on contacting them again any time I need a real estate professional to work with. THANK YOU

gary freeman

00:33 08 Jun 19

When I decided to sell my home I contacted Biggerequity. I meet Nissan over the phone he came a few days later looked over the house He made a acceptable offer on the spot We closed 30 days later as people were occupying the house. If you want to sell your home stress free with honest upfront people give bigger equity a call and talk with Nissan

C Byrd

01:58 27 Sep 19

I was searching for honest and fair investors to buy my parents home and I found them. When I was first was contacted by Eden he was so genuine and professional. I knew immediately I found the right people. They offered to help my parents find a place to stay and agreed to close only after my parents found a comfortable place to live. Don helped in finding my parents and place to stay. They were very understanding and patient with us. Rami was very compassionate and fought really hard to make sure my parents were treated fair. He negotiated a deal with this company that placed a lean on the property. We believe they were trying to take advantage of my parents but Rami stepped in and saved my parents some money. While we are still waiting on the company to send over the agreement I’m confident Rami will get them their money. Richard was very helpful and knowledgeable at closing and explained everything to my parents in detail. They all played a valuable part in helping my parents sell their home. They really went above and beyond through this whole process. We are truly grateful for their services. It was bitter sweet since this home has been in my family for almost 50 years. While it was extremely painful to let it go we know it will be in good hands, they will make it look like a brand new home.read more

Joette Arnett

20:00 07 Oct 19

It has been an absolute pleasure to work with Nissan and team. From day one he was honest and informative. Nissan proved to be very dependable and he made himself available to help in every aspect of the sale of my home. Thanks Nissan, Remy and team!!!

destiny squillante

23:29 12 Aug 20

I would recommend this company to anyone.

Johnny Bargesser

01:01 01 Jun 22

Rami was completely transparent and honest through the whole process. The entire team of Bigger Equity was easily accessible and welcomed any and all questions. Would absolutely recommend this company without hesitation.

Manuel Smith

23:21 06 Jun 22

I had a duplex not far from Wilton Manors Florida to sell. I dealt with Rami from BiggerEquity and I must say my first time selling was smooth and on top of it all they were very professional. It was a gut feeling to go with BiggerEquity’s offer and I’m glad I did because they delivered on every promise in the timeframe promised.

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What is your market like?

Take a look at comparable homes

Compare your market to others in the vicinity

Analyze your findings on home real estate

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