CMA Comparative Market Analysis
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Description:
<p>Comparable Market Analysis (CMA) is a report that estimates a property's value by comparing it to similar properties in the area. CMAs are a compilation of data that consider factors like a property's size, condition, style, age, location, and construction. They also take into account the local and national housing markets, which can impact a property's value. Real estate agents and brokers can conduct CMAs because they don't require an official license. While both CMAs and appraisals estimate a property's value, appraisals are more formal and can be conducted by licensed appraisers. This course is a step by step process to creating a full CMA within FlexMLS.</p>