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:
Bill and his team are GREAT! Very knowledgeable and helpful during the entire process! I will definitely use them again!
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. This is the reason that this is a top-rated agency.
Bill, Emma, Andra and their team were awesome. I worried that free might mean subpar, but they were incredible! They were super responsive, professional and agressive in helping me to sell my house and helping me to find a new one. I very highly recommend you use their services if you want your real estate transaction to go smoothly.
My realtor, Emma... you might as well change her name to Emmazing! She went above and beyond to help me fully understand the home-buying process. When it's time for me to take the next step in home ownership I don't know that I would want to work with anyone else. She was honest about the homes we looked at, and wasn't just there to sell me a home, she had my best interest in mind. I felt like I walked away from the experience with a new friend!