| Preparing Your Home |
| Tips for Selling Your Home |
| What is a Fixture |
| Avoid Mistakes When Hiring a Home Stager |
| The Listing Agent |
| Knowing Your Rights |
| Why use an Agent? |
| Dual Agency |
| Setting Your Price |
| What is a CMA? |
| Do I Need an Appraisal |
| Setting Your Listing Price |
| The Closing |
| What is a HUD Statement |
On this Month's Cover:
1925 Adirondack Ct.
$289,900
MLS#: 98347
Presented by:
Tom Kuhn
Coldwell Banker United
View this month's issue online now!
Advertise With Us
Reach home buyers with your listings in Sumter's hottest new real estate publication.Advertise in the Sumter Home Guide
By SumterHomeGuide.com
CMA (Comparative Market Analysis) is an evaluation of a property’s value based on local market data. This evaluation is helps to determine the potential sales price for a property. Agents also prepare CMAs to help their buyer clients decide on an offer price.
When providing a CMA, agents analyze listing and sales data for comparable properties in the area. Specifically, this includes information about:
Properties that have sold and closed (transferred ownership)
Active listings – properties currently for sale
Pending sales – listings that have sold but not yet closed
What does this information tell agents about price for the subject property of the CMA? Homes for which the sale has either already closed or is pending serve as the most reliable indicators of the price a similar property is likely to bring. Information about homes currently for sale helps agents gauge the pricing position of competing properties.
