Selling A Home? Know What A Comparative Market Analysis Is?
The real estate business is littered with big and sometimes incomprehensible terms! For example, when selling a home, chances are that you’ll be advised to do CMA.A CM-what you say? In the world of real estate, a CMA is not a certified management accountant but a Comparative Market Analysis. A CMA is an analysis of your home in order to establish its market value. Or, in layman’s terms, it’ll tell you the approximate value of your property if you're thinking of selling. A comparative market analysis can range from a short document made up of a couple of pages listing comparable home