What’s A CMA In Real Estate?
August 30th, 2008 By Peter G. Miller
When owners offer a home for sale they logically want the best possible price and terms for their property. A “comparative market analysis” or “CMA” is an estimate of value prepared by a real estate broker or salesperson that shows recent past sales for like properties and suggests an asking price for the owner’s property.
Also known sometimes as the “direct sales comparison approach.”
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