Pricing

Offer price (example)

Selling process

Average days to close transaction

Average days to prep and stage home

Average number of showings

Transaction costs

 

Mr. Cali average service charge

Average real Estate agent commission

Average seller concessions

Estimated termite repairs & overlap fees

Estimated request for repairs

Estimated cash before closing

Selling to Mr. Cali

6% 

average service charge*

$350,000

Choose from 10-60 days

0 days

0 showings

6%

____

____

____

 

TBD

$338,500

Traditional home sale

6-11%

average costs*

$350,000

60 days

20 days

15 showings

__

6%

2%

1%

TBD

$331,400

June  2018 average Mr. Cali service charge. Charge varies for each property and can range from 6-15%.

* Cost and selling process estimates are based on internal and industry data for the markets in which Mr. Cali operates.

 How Mr. Cali calculates your home’s value

For nearly all California home and property owners, their home is the most valuable asset they own, this being the case, Mr. Cali aims to give you a fair market offer. Once you enter in your home address to get your home value, Mr. Cali consultants and local Real Estate experts take into account all of the upgrades you have made to your home and the most current data, analytics and comparable homes that have sold in your neighbor-hood. The first step is to enter in your home address and verify your location. The next step is to tell us about your home along with any and all upgrades that have been made to your home and the over all condition. Mr. Cali consultants then take that information and couple it with a comparative market analysis (CMA), current market conditions and nearby sales to get the value of your home. 

To get maximum accuracy what we do is take information that an appraiser or realtor would use in conducting an appraisal or a comparative market analysis (CMA) we then add in additional steps and data to get the exact value. If you decide to hire a Realestate agent to sell your home, they will present to you the comparable sales that have sold and give you a list price. The Realestate agent will then explain the marketing program that they will implement to  attract buyers. Once your Real Estate Agent gets an offer from a buyer or a buyers agent and they have an offer with a mortgage and the buyers lender will request an appraiser to confirm the value of the home being purchased.

The home valuation process has 2 basic factors: Comparing your home to comparable sales in the neighborhood and making adjustments based on upgrades and over all condition.

Factor #1 

Locating the recent comparable properties that have sold. This is where we get a baseline value as to what your home is worth. The objective is to find 3-7 homes that have sold in your neighborhood that have sold that are most similar to yours based on several different factors.

  • A. Location – does your home have a view, unique placement, water front, busy street or special zoning? All of these factors are considered.
  • B. features “of like kind”- Singles story, two story, year built, number of bedrooms, bathrooms, square footage and upgrades.
  • C. Timing – Appraisers, realtors and any comparable market analysis look for recently sold homes. The more recent the sale the more accurate the comparable.
  • D. Range –  When it is possible we select homes that are closest to you that are in the same development, same builder with similar HOAs and Rules etc.

Factor #2

The bottom line is that there is no such thing as the two same homes, depending on the persons style , there is always going to be a difference in upgrades and home maintenance. This is where we make financial adjustments based on the home differences. The prime features we look for are the differences and upgrades made to the square-footage, number of bedrooms and bathrooms. We then take the features of your home and add or subtract differences based on the recent comparable sales.

For example: Lets say the only comparable sales in your neighborhood are 3 bed 2 bath homes and your home has 4 bedrooms and 3 bathrooms. We calculate what these homes would have sold for if they had the extra bedroom and bathrooms. Then we look for differences in the quality of the home, for example: has the homes yard been “landscaped” is it in a better location? What upgrades have been made? We then proceed to make dollar adjustments and comparing them to the homes that have sold within 3-7 months within your home track.  Then we arrive at the adjusted market value and we can quickly compute how much the homes that sold for 3 bedrooms and 2 baths would of sold at if they were 4 bedrooms with 3 bathrooms. Then we get the average of all the comparable sales to arrive at the value of your home. When you receive your report, you will get an estimated home value chart that displays the value of your neighborhood over a particular time period. We collect all the data and analytics of how the home values have been performing on a city, county and state valuations. This valuation model will allow you to see how quickly homes in your neighborhood are increasing in value so we can also calculate the near future appreciation.

We also provide you with several data charts that also make it quick and easy to understand. 

The data charts we give to you are: 

  • Median Estimated Home Value
  • Sales and Financing Activity
  • Average Price Adjustments
  • Median Estimated Home Value vs. Median Listing Price 
  • Median Sales Price and Sales Volume
  • Listing Inventory
  • Price per Bedroom of Homes Sold
  • Median Sales Price by Square Foot
  • Price Range of Homes Sold
  • Price per Square Foot of Homes Sold
  • Age Range of Homes Sold
  • Inventory of Distressed Listings
  • Median Days on the market.

Get Instant Home Offer

Enter your home address and provide contact information.Get your instant home/ property value and receive your offer. One of Mr. Cali’s consultants will contact you to close on your schedule and get you paid in the matter of days.

Email: info@mrcali.com

Tel: 1 (909) 575-8792

Remax champions does not guarantee the accuracy of room dimensions, square footage, lot size, or other information regarding the condition or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to verify that information through personal inspection with the appropriate professionals. Re max Champions Realty / 121 South mountain ave Upland Ca 91786 / If your home is currently listed, this is not a solicitation / CALBRE 01873626 CALBRE#00924760 Office CALBRE#01333814 
The RE/MAX franchise network is a global real estate system of franchisee owned and operated offices and their affiliated independent professionals. RE/MAX affiliates lead the industry in professional designations, experience and production. RE/MAX International is an Equal Opportunity Employer and supports the Fair Housing Act. The content including property details, articles or opinions posed on this website have not been independently verified and cannot be guaranteed. All information offered within this website should be independently verified.  Website content is provided at the reader’s own risk and the reader will not hold the parties involved in creating, producing or delivering this information liable for any loss, injury, claim, liability, or damage of any kind resulting in any way from any errors in or omissions from the information. Laws and taxes vary from state to state. You should consult with your individual CPA or tax attorney when purchasing or selling real estate. By providing links to other sites Mrcali.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to the agent, brokerage, brand or Mrcali.com. We reserve the right to refuse to provide our products and services to anyone at any time. June 2018 mr. Cali’s service charge varies on each property and can range from 6-18% the costs and selling process is based on internal and industry data for the California realestate market Mr. Cali operates.