cma: How a Comparative Market Analysis Can Help You When Buying a Home
- 05/03/11 06:31 AM
One of the dilemmas facing prospective home buyers as they search and tour homes for sale is knowing whether or not the asking prices are in line with current values. There is a way to find out. You can start by asking your real estate agent to collect comparables and prepare a Comparative Market Analysis (CMA). This report indicates market trends by showing whether similar homes in the area are selling for above or below the asking price of the home(s) you've selected. Once your real estate agent does his research and gives you a list of comparables, you can figure … (0 comments)
One of the dilemmas facing prospective home buyers as they search and tour homes for sale is knowing whether or not the asking prices are in line with current values. There is a way to find out. You can start by asking your real estate agent to collect comparables and prepare a Comparative Market Analysis (CMA). This report indicates market trends by showing whether similar homes in the area are selling for above or below the asking price of the home(s) you've selected. Once your real estate agent does his research and gives you a list of comparables, you can figure … (0 comments)
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