What Exactly Is A CMA? Competitive Market Analysis - A report that compares a specific home with similar homes in the neighborhood to help determine a listing price or price range
Properties Found On CMAs <ul><li>Active Listings – Homes currently on the market </li></ul><ul><li>Pending Listings – Homes that are under contract, but not sold </li></ul><ul><li>Sold Listings – Homes that have closed. You can see the listing price, and the sales price </li></ul><ul><li>Expired Listings – Homes that did not sell and were taken off the market </li></ul>
CMAs Are A Tools They’re to be used as guides in pricing your home, they’re not THE answer All homes are different. The home inside can be upgraded, or it could be in real need for heavy duty maintenance There are aspects that have to be calculated such as a desired location, or a close vicinity to employment and good schools But for professional opinions, property appraisers should be consulted
Selling Tucson Homes Fast & For Top Dollar Utilizing A CMA I would love to receive your feedback on this video, so feel free to leave comments wherever you’re watching this. Please stay tuned for the next installment of this series. Subscribe to our RSS feed and bookmark this website.
Remember you can always use www.TREDaily.com for all your Tucson real estate needs. If you would like to contact a Tucson real estate professional, call TRE Daily now at 1 (800) 536-7480