Before putting their home or land on the market, savvy sellers obtain a Comparative Market Analysis (CMA). A CMA report contains a huge amount of valuable information that can be used to make wise decisions in an ever evolving real estate market.
Contact Builder Creek Realty today start the process of getting a free CMA for your property.
Comparative market analysis is an examination of the prices at which similar properties in the same area has recently sold. Real estate agents perform a home valuation called a comparative market analysis (CMA) for their clients to help.
For example, a couple might be considering writing an offer on a four-bedroom, three-bathroom, 2,100-square-foot, single-family home on a quarter acre of land. The house is listed for sale at $300,000. A break down helps the buyer decide the home’s worth.
Comparative Market Analysis CMA is the term real estate agents use to describe the best method available to home sellers to learn their home's current value so they can select the best sale price.