Patti Herrington

When you price your home above its market value, fewer buyers will show interest in your property. When you price your home below market value, you increase the number of interested buyers. In the end, the price you set and the interest you create should reflect your selling goals.

What is a Comparative Market Analysis? A CMA can vary from a two page list of comparable home sales to a 50-page comprehensive guide. A Standard CMA report will include:

Active Listings: Active listings are homes currently for sale. These listings matter only to the extent that they are your competition for buyers. They are not indicative of market value because sellers can ask whatever they want for their home. It doesn't mean any of the prices are realistic. The offered sales prices do not reflect market value until they sell, and in buyer's markets, for example, most sell for a lot less.

• Pending Listings: Pending sale homes are formerly active listings that are under contract. They have not yet closed, so they are not yet a comparable sale. Unless the listing agent is willing to share information about the pending sale -- and many are not -- you will not know the actual sold price until the transaction closes. However, pending sales indicate the direction the market is moving. If your home is priced above the list price of these pending sales, you could face longer days on the market.
  
• Sold Listings: Homes that have closed within the past six months are your comparable sales. These are the sales an appraiser will use when appraising your home for the buyer, along with the pending sales (which will likely have closed by the time your home is sold). Look long and hard at the comparable sales because those are your market value.
  
  
• Off-Market / Withdrawn / Canceled: These are properties that were taken off the market for a variety of reasons. Usually the reason homes are removed from the market is because the prices were too high. The median prices of this group will almost always be higher than the median prices of comparable sales.
  
  
• Expired Listings: This group will reflect the highest median sales price because they did not sell and were probably unreasonably priced. Some of the expired listings could also show up as an active listing, listed by a new agent at a new price.

Before putting your home on the market or listing with a real estate agent, get a Comparative Market Analysis, The Herrington Realty Team wants to offer you this FREE report to tell you how much your home is worth. Click the HOME VALUE button below to get your FREE home market evaluation today.

Ready to Buy or Sell Your Home? Now is a GREAT Time! The Herrington Realty Company has Madison MS, Brandon MS, and Ridgeland MS agents eagerly waiting to assist you.

We have several Homes for Sale in Madison MS, Brandon MS, and Ridgeland MS. Search the local MLS for 1000's of homes in the Jackson, MS Metro area.

Ridgeland Mississippi's third annual Trunk-or-Treat will be spooking up Freedom Ridge Park on Thursday, October 30, 2008. This fun-filled event will be held form 6 to 8 p.m. Ridgeland Mississippi's Trunk-or-Treat offers a night of family fun and fright. Held at Freedom Ridge Park, children of all ages come to show off their costumes, enjoy fun & games, and trick-or-treat in a safe environment from local organizations. This annual event is for the entire family, offering something for everyone, including carnival games, hayrides, face painting, and lots of treats! Volunteers decorate and fill the trunks of their vehicles with candy and prizes. Children go trick-or-treating from vehicle to vehicle, just like they were walking from house to house. City of Ridgeland, MS departments, local church groups, businesses, civic organizations, and other volunteers offer games and fun activities.

Trunk-or-treaters can go trick-or-treating from car to car in the park as if they were going house to house. Each trunk will be decorated and stuffed with candy and treats. There will be 20 to 25 vehicles participating in the Trunk-or-Treat.

The event also will include a hayride through the woods, carnival games, face painting and more.

For additional information contact: Freedom Ridge Park 235 West School Street Ridgeland, MS 39157. PHONE: 601-853-2011

Click Here for Information on the City of Ridgeland, MS

Click Here For Ridgeland MS Real Estate Homes for Sale

Ready to make your next move? We have several Homes for Sale in Madison MS, Brandon MS, and Ridgeland MS. Search the local MLS for 1000's of homes in the Jackson, MS Metro area.

If you're Relocating to Brandon MS or live in this area and would like to view some of the homes currently listed on the market call Herrington Realty Co. today at 601-977-1114

Looking for a home on the Reservoir? You will find everything you want in the Brandon MS area. The City of Brandon MS is a great place to live and is served by the Rankin County School District.

YOUR TICKET TO FAMILY FUN

DATE: TUESDAY, OCTOBER 28^TH

TIME: 6-9 P.M.

FIREWORKS 9 P.M.

HEADLINER: THE TOKENS

PLACE: LIBERTY PARK, MADISON MS

Madison families and friends will be chugging into FreedomFEST station at Liberty Park with a ticket for a trainload of fun, festive entertainment. Not just another whistle-stop for fall festival goers, this year's event promises to "top the charts" in musical entertainment with one of the most treasured doo wop bands of the 1960's....The Tokens.

Family entertainment and wholesome fun is what FreedomFEST 08 is all about. The traditional Pumpkin Decorating Contest for children, kindergarten through eighth grade, will again be a place for little artists to display their talents. Judges will award prizes to three age groups in the categories of "scary," funny faces," and "pretty pumpkins."

The traveling Petting Zoo is always on the favorite pre-school activities; while the children's entertainment and games will include the always popular pony rides, gyroscope, trackless train and Smiley the Clown. New this year will be the addition of the strolling 8-foot Stilt Walker.

For extra excitement at FreedomFEST Station at liberty Park, Madison folks will be asked to bring their special delivery ticket and puzzle solution to the Bank Plus tent for the chance to win $150 of Sacagawea coins. A winner will be drawn from the correct entries and announced on state at 7:00 p.m. to close FreedomFEST 08 with a bang.

Admission to FreedomFEST 08 is free. For further information on the pumpkin decorating contest rules, or to volunteer, please call the City of Madison Parks and Recreation Department at 601-853-9109.

Click Here for Information on the City of Madison, MS

Click Here For More Madison MS Real Estate Homes for Sale

Ready to make the move to Madison, MS? We have several Homes for Sale in Madison MS, Brandon MS, and Ridgeland MS. Search the local MLS for 1000's of homes in the Jackson, MS Metro area.

If youre Relocating to Madison MS or live in this area and would liketo view some of the homes currently listed on the market call Herrington Realty Co. today at 601-977-1114 .

Mistletoe Marketplace 2008 DON'T MISS THIS SHOPPING EVENT OF THE YEAR

November 6-8, 2008

It's that time of year again and The Junior League of Jackson, MS is looking forward to Mistletoe Marketplace 2008!! Mark your calendars for November 6-8, 2008. The three-day marketplace includes an array of special events, dining opportunities, live entertainment and cooking demonstrations from the Junior League's nationally recognized cookbooks. Over 35,000 shoppers from across the Southeast enjoy more than 165 merchants from across the United States offering unique gifts and holiday trends in a festive, family-friendly atmosphere. Proceeds from Mistletoe Marketplace support the Junior League's many community projects. Mistletoe Marketplace has been chosen by the American Bus Association as one of the 2007 Top 100 Events.

Mistletoe Marketplace is the largest fundraiser in Mississippi! You'll enjoy the excitement of this three-day holiday shopping extravagana featuring more than 100 merchants from across the nation. Each day is filled with special events designed to fuel the excitement of the approaching holiday season. This festive events is being held at the Mississippi Trade Mart on the fair grounds in Jackson, MS. Mistletoe Marketplace tickets are on sale now. Call 1-888-324-0027 to purchase your tickets.

Mistletoe Marketplace Live Auction items are available now.
Click here to see the items available for purchase prior to Mistletoe.

The Junior League of Jackson, MS is an organization of women committed to promoting voluntarism, developing the potential of women and improving communities through the effective action and leadership of trained volunteers. Its purpose is exclusively educational and charitable. For more information about the Junior League of Jackson, MS click here.

The Junior League of Jackson, MS is a member organization of the Association of Junior Leagues International. To learn more about AJLI, visit their website at www.ajli.com

CLICK HERE FOR MORE INFORMATION ON UPCOMING EVENTS IN JACKSON, MS

Ready to make your next move? We have several Homes for Sale in Madison MS, Brandon MS, and Ridgeland MS. Search the local MLS for 1000's of homes in the Jackson, MS Metro area.

If you're Relocating to Brandon MS or live in this area and would like to view some of the homes currently listed on the market call Herrington Realty Co. today at 601-977-1114

Looking for a home on the Reservoir? You will find everything you want in the Brandon MS area. The City of Brandon MS is a great place to live and is served by the Rankin County School District.

The Ridgeland, MS Board of Aldermen will discuss a site plan tonight for a new Dairy Queen to be located on Old Canton Road in the Ridgeland, MS in the Harbour Pointe Commercial Subdivision.

Dairy Queen is an international ice cream and fast food chain. The Harbour Pointe location includes a drive-through service window.

Aldermen also will discuss a site plan for Judith Lee's, a clothing store planned for mixed-use development Renaissance at Colony Park on Highland Colony Parkway. Judith Lee's is currently on U.S. 51 in Ridgeland, MS.

The mayor and aldermen meet tonight for their regularly scheduled work session at 6:30 in Ridgeland, MS City Hall. Aldermen are scheduled to vote on the site plans Tuesday at 6:30 in City Hall.

Ready to make your next move? We have several Homes for Sale in Madison MS, Brandon MS, and Ridgeland MS. Search the local MLS for 1000's of homes in the Jackson, MS Metro area.

If you're Relocating to Brandon MS or live in this area and would like to view some of the homes currently listed on the market call Herrington Realty Co today at 601-977-1114 .

Looking for a home on the Reservoir? You will find everything you want in the Brandon MS area. The City of Brandon MS is a great place to live and is served by the Rankin County School District.