If you're in the market to buy or sell a home you've probaly heard the term "CMA" thrown around once or twice. What is a CMA? CMA stands for "comparative market analysis". It is frequently used by real esate professionals when trying to determine how much a home should sell for. On the flip side; it is also used to determine how much a buyer should pay for a house that they're interested in. An analysis is configured using current real estate data from transactions in the immediate area of a home.
In real estate; the true market value of … (0 comments)
What is a CMA?
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