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CMA |
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Definition:
A Comparative Market Analysis is an informal assessment of a property's market
value, usually done to establish a reasonable listing
price when a property is placed for sale. The price is
established by comparing the property to similar
properties that are currently listed or have sold in the
area within the last six months. The analysis is done by
a real estate agent, a RealtorŪ, who has easy
access to area sales records.
Contact Us. |
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REALTORŪ |
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Definition:
A real estate agent who is a member of the National
Association of Realtors and is bound by the ethical
requirements of the association. A RealtorŪ is also
a member of and bound by the ethical standards of their local
and State associations.
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RESOURCES |
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A
properly prepared Comparative Market
Analysis can be a useful tool for
buyers, sellers, and home owners.
Buyers can use a CMA to determine
an offer price, sellers can use a CMA
to determine a list price, and home
owners can use a CMA to help dispute
tax assessments. |
Some websites
generate a Home Values Assessment instantly
followed by the promise of a refined CMA
from a local expert within a few days.
The problem with these instantly generated
assessments is that they haven't been
completed by a local expert, they have been
completed instantly by a computer and are
very inaccurate. The inaccuracy
leaning toward an unrealistic value of a
home. This is done to generate
additional interest in the CMA to be
completed by the "local expert."At
eComparative-Market-Analysis.com we don't
play games. You request a CMA, and
you'll receive one completed by a local
expert, a Realtor. The CMA can either
be forwarded by email or delivered in
person.
If a CMA can not be completed because of
a lack of recent comparable sales or any
other reason we'll tell you.
If you can't find the name of your city,
town, or village on the appropriate city
drop-down menu, please write the name in the
comments box.
Thanks again for visiting, we hope that
you will enjoy your experience!
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