A Comparative Market Analysis (CMA) is an important part of any real estate transaction, and it is used to determine the fair market value of a property. The CMA process is complex and involves comparing the subject property to similar properties that have recently sold in the same market.
Our CMA process begins with a detailed analysis of the subject property and its features. This includes an evaluation of the home’s condition, size, age, location, and any special features that may affect its value. Our CMA analyst will then research the recent sales of similar properties in the same area and use these properties as a benchmark for the subject property’s value.
Our CMA analyst will then compile a report that includes an analysis of the subject property, a comparison of the sale prices of similar properties, and an estimate of the fair market value of the subject property. This report can be used to determine the selling price of the property