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Comparative Market Analysis (CMA) PDF Print E-mail
Selling a Home - The Value of a Good Price

A Comparative Market Analysis compares your home to others similar in size, configuration, condition, and location. The CMA should include details such as square footage, number and size of rooms, number of bathrooms, lot size, garages, location, and special amenities.


Once you've narrowed down your list of potential brokers to three, ask each of them to prepare a CMA for your home. Each broker should visit your house, noting all the factors listed above. An agent should ask about your property taxes and your last assessment, recent improvements or repairs, water, and sewage. State law may require you to fill out a seller disclosure form listing any hidden defects in your property.

The broker will compare this information with recently sold comparable homes in the Multiple Listing Service. The broker will find the prices at which they were listed and sold, and how long it took to sell them.

You may well get three different listing prices. Go with the one you feel most comfortable with.

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