Thinking about buying/selling? View our Listing Presentation that explains who we are, what we do, and how we do it.
YOUR HOME FREE
A Comparative Market Analysis (CMA) is an evaluation of similar, recently sold homes (called comparables or comps) that are near a home or homes that you want to buy or sell. Buyers, sellers, or real estate agents perform a CMA report to establish and find a fair price range for the home the report is created for. The price range from the CMA can then be used as a guide to be used for establishing an offer price or a listing price.
Basically, performing a CMA involves finding the homes that are similar to the home under consideration, and creating an in-depth comparison of its size, age, location, and features of the home. It all comes down to one question: compared to other, comparable homes in this area, how much is this home worth? Answering that question involves looking at a fair amount of data on other homes in the current market.
The process for doing a comparative market analysis includes:
Incredibly professional realtors that really care about their clients. They go to extreme measures to find the right house for their clients and are experts in the areas where they operate ensuring max value, whether you are buying, selling or both. Cannot recommend them enough!
Have used Bill Nelson Your Home Free for two transactions now. I even referred my brother as I trust Bill Nelson and his team. Emma handled my last transaction and I highly recommend choosing Bill Nelson for your next home buy/sell transaction.
The Nelson Team made our most recent move a pleasure by securing a full asking price offer on the home we were selling within a few days, helping us preview a number of potential new residences in a short time period, connecting us with a lender who moved at an incredible rate of speed, and effectively negotiating with the seller to deliver an excellent value on the home we purchased.
My wife and I used Your Home Free to sell our home and they made the process so simple and painless. This was our first time to sell a home and we had a lot of questions. They responded immediately to all of our questions and or concerns. I would recommend Your Home Free to my anyone that is...
Team Nelson was outstanding. They walked us through the entire process. I am a person who likes to ask a lot of questions. They were always there for us, ready to answer. They made the entire process as stress-free as possible. They were always professional, and a pleasure to work with. We will be...