#387

Most states have a law which says that a comparative market analysis, a CMA, must be performed for every listing taken by a brokerage, and that the CMA must be compared to and presented with the appraisal for the lender.

Is this true or false ?

Take your time. The solution is posted below the wildlife photo.

wildlife

A. You know it's false.

A comparative market analysis is performed to help the seller price the property based on the current market trends surrounding the subject properties location.

 
Posted by David Saks - Broker on 11/02/2009 02:02 AM   Comments (0)   Theory and Practice in the ActiveRain Channel   theory and practice  
Originally posted at: David Saks: Real Estate Practice : Lesson 387
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David Saks - Broker

Memphis, TN

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The Real Estate Mart of Tennessee


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