comparative market analysis: How Can a CMA Help You in Your Home Purchase? - 11/04/09 01:32 PM
What is a CMA?
1. A Comparative Market Analysis
2. A Competitive Market Analysis
Actually, both of these definitions apply. 
A CMA is a report prepared by a real estate agent to determine the value of a home.   
When you sell your home, a listing broker will do a CMA to establish what the current value is and what the list price should be.  This is done by looking at homes that have sold recently and weighing them against your home to arrive at a competitive price. 
By the same token, the CMA is extremely valuable to your buyer broker when you … (4 comments)