What should a real estate agent do after a client agrees to make an offer on a property?

After a client agrees to make an offer on a property, it is essential for the agent to provide comprehensive support to facilitate a successful transaction. This support includes both providing market information and conducting a Comparative Market Analysis (CMA).

Providing market information helps the client understand the current landscape of the real estate market, including trends, comparable properties, and potential future developments that may affect the property's value. This information is vital for helping the client make an informed decision about their offer.

A CMA serves to evaluate the property's value based on recently sold properties in the same area. This analysis allows the real estate agent to advise the client on a competitive offer price, ensuring that it is neither too low nor excessively high compared to similar properties, enhancing the chances of the offer being accepted.

Together, these actions foster a well-informed perspective for the client, ensuring they are adequately guided throughout the offer process. Therefore, both components are indeed necessary for effective client support following their decision to make an offer.