comparative market analysis (CMA)


Analysis done by realtors to assess a property's value by examining similar properties that have sold within the past year. A comparative market analysis may be done for both buyers and sellers. Buyers will want to know how much other homes sold for to ensure that the price is fair and sellers want to make sure that they set their selling price at the right level. A CMA should not be confused with a formal appraisal of a home.
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comparative interest rate method competitive market analysis (CMA)