How Do You Perform a Comparative Market Analysis? | Real Estate Articles Worth Reading |
Have you heard the real estate term 'CMA' and wondered what it was? It's an abbreviation for comparative market analysis. If you are selling your home, deciding how much to ask can be difficult. Likewise, choosing how much to offer for the home is crucial when you are buying. Whichever side of the real estate transaction you are on, getting this wrong could cost you thousands of dollars. When selling your home, having an appropriate listing price is crucial. When you're buying, you want to be able to know what would be considered a competitive offer. A fair price in