The Avid Rehabber Comparative Market Analysis (CMA)
How important is it to get a Comparative Market Analysis (CMA) when buying or selling real estate. J and C Homes calls this the most important element in the rehabbing process also known as the After Repair Value ARV and as follows are some factors to know in the purchase and/or sale of a property:
- When selling a home your Realtor will supply you with a CMA to set an appropriate sell price.
- The sell price will reflect the sale of homes in your immediate area to give you the most out of the sale with the quickest sale time. You do not want the house to sit on the market without selling, which is the number one case if the house is o...