Friday, January 22, 2016

Comparative Market Analysis

A comparative market analysis is known as a CMA for short. Ask your real estate agent to run the comps on the local multiple listing service. It is also is usually a good idea to check the county to determine what homes may have sold privately. A caution here, though, is to make sure the sales were an arm's length transaction (NOT a sale to a family member for a reduced price).

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