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CMA A Comparable Market Analysis (CMA) is a comparison between properties that are like a property you're trying to sell. A CMA is used in pricing a property you compare the property you're trying
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How to fill out a comparable market analysis

01
Step 1: Gather data on recent sales in the area
02
Step 2: Identify key characteristics of the subject property (e.g., size, location, amenities)
03
Step 3: Find similar properties (comps) that have recently sold or are currently on the market
04
Step 4: Analyze the comps and adjust for any differences in characteristics
05
Step 5: Calculate the average price per square foot of the comps
06
Step 6: Apply the average price per square foot to the subject property's size to estimate its market value

Who needs a comparable market analysis?

01
Real estate agents who want to determine an accurate listing price for a property
02
Homebuyers who want to assess the value of a property they are interested in purchasing
03
Sellers who want to determine a reasonable asking price for their property
04
Investors who want to make informed decisions about buying or selling real estate
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A comparable market analysis is an evaluation of similar properties in the same area to determine the value of a property.
Property owners or real estate agents are typically required to file a comparable market analysis.
A comparable market analysis is typically filled out by researching recent sales of similar properties, adjusting for differences, and determining a fair market value.
The purpose of a comparable market analysis is to determine the fair market value of a property based on recent sales of similar properties.
A comparable market analysis must include information about the property being evaluated, as well as details on comparable properties and their sale prices.
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