◉ Accurate data around recently closed sales of similar properties.
◉ Accurate data around recently SIGNED contracts of similar properties.
◉ Specific current overall market conditions.
◉ Specific local market conditions and shared recent examples of sales activity.
◉ Knowledge of inventory levels: what are you potentially competing against and how do you compare?
◉ Assessment of condition of the property.
◉ Recommendations for design of the property and how current/translatable it is. Including furnishings.
◉ Accounting for quality of the setting and neighboring properties.
◉ Weight of quality of the area/town/city/suburb.