Having identified a potential property, the next question is, "How much it is worth?". This is the most difficult and important part of the process. Establishing "market value" is crucial and a critical service that real estate agents provide. The Bartlett Team has the experience and knowledge to help you determine value as part of an offer strategy. We determine value using combinations of the following methods:

• Comparable Sales: Tracking the sales of similar properties is a primary way of assessing value. We have access to a comprehensive database of all San Francisco Real Estate transactions. When analyzing value of a specific property, we will pull all relevant sales and go over them with you. More important than the data, however, is having actually seen the property. The Bartlett Team has three top producing agents and between the three of us, we have seen most properties that have sold in our target neighborhoods. Not only will you have the data to compare properties, you will also have our first hand accounts of the similarities and differences.
• Price Per Square Foot Analysis: This is really a sub-set of Comparable Sales, but price per square foot analysis can be helpful to frame a range of value. By dividing sales price by total square feet, we can get a number that can compare to similar properties. Price per square foot analysis can be very helpful, but it is not exact as often times quoted square footage is inaccurate. Location, condition, views, neighboring properties are just some of the many components that affect property value.
• Current Market Conditions: The San Francisco Residential Real Estate market can be best described as dynamic. The market is constantly changing and you need Real Estate agents who have the best and most recent information. The fact that the Bartlett Team is well respected in the broker community. We have excellent market data. Macro and micro economic factors must be considered, and the Bartlett Team keeps informed through continual education, seminars, interviews and data analysis. You need agents who have a clear understanding of the market.
• Demand for Specific Property: Comparables will only take the analysis so far. Every property is unique. Therefore, positive or negative attributes to each property may play a significant role in value.
• Your Subjective Valuation: We factor in a buyer's position on the continuum of (1) "Must have", (2) "At a certain price", (3) "Would work", and recommend structuring an offer accordingly.