The Value of a CMA
Posted by Ken Richter on
When you are preparing to sell your home, getting a CMA is crucial in determining the worth of your home and what a good asking price will be. So what is a CMA?
CMA stands for Comparative Market Analysis. A CMA is used by realtors to calculate the market value of a property they are selling before they list it. As a homeowner, you may have some idea of what your home is worth based on your own knowledge of the area and property itself. However, we highly suggest you have a real estate professional, such as ourselves, complete an official CMA for you. It will be your second greatest asset in the selling process; the first greatest asset being us, your real estate agent!
A lot goes into a CMA, such as:
Location: Where is your property located?…
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