The Comparative Market Analysis: CMA

Home Value Info

A comparative market analysis (CMA) is an evaluation tool used by real estate agent's, based on local listing and sales data, to determine the probable sale price of a property in the current market. Who can use this information? Both sellers and buyers alike. Home sellers can use a CMA to help determine a list price. Buyers can use it to help them determine the offer price on a property they … [Read more...]

Reasons why you shouldn’t overprice your home.

Because of the constant changes in real estate market conditions, more sellers are competing for fewer buyers. And most buyers are not jumping at the first property they fall in love with. "The initial asking price is NOT that important because it can always be lowered later." Wrong! The original asking price is very important. Specially when working with the new generation of buyers who are … [Read more...]

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