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The Moulton Company
Real Estate Brokerage

7146 Rivers Edge Road, Columbia, Maryland 21044
Office: 410 531-5890 | Cell: 410 615-3655 | Fax: 410 531-8997

REALTOR-EHO

Home Help for Buyers Help for Sellers Pete


CMA Report


CMA Report

A Comparative Market Analysis determines the market value of a property based upon three active listings and three listings sold in the last 6 months or up to a year if needed to find three comparable sales and three comparable listings. A comparable property (listing and sale) has an above ground living area within 15% of the above ground living area of the subject property. It is an equivalent type of property e.g. CONDO Vs. detached-fee simple) and is located within one half to one mile of the subject property. In cases of unique properties these guidelines may be stretched to permit finding a comparable property. The distance is adjusted first, then the living area and finally the date of sale. Homes under contract may be used in cases of strict necessity because their true sale price has not been recorded.

The CMA presents the price at which a property should, given current market conditions, sell. A CMA should have an accuracy of plus or minus 5%. Often it takes hours to prepare a CMA particularly if it is difficult to find comparable properties.

Realtors prepare CMAs for both Sellers and Buyers. The CMA is used by both Seller and Buyer as a guide for negotiating the final sale price.

If you need a CMA, please email me with the exact property address and your contact information at Pete.Realtor.Nerd@Gmail.com.

Thank you for the opportunity to help you.

Pete


This website presents a variety or topics related to Real Estate. The information presented here should not be construed as legal advice, financial advice, inspection advice, or advice on any subject. Detailed questions should be answered by lawyers, certified financial professionals, certified home inspectors, and other certified professionals. We would be pleased to refer you to such experts and professionals if you need more detailed information and advice with your specific situation.

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The Moulton Company Real Estate Brokerage
7146 Rivers Edge Road Columbia, MD 21044 US
Phone: 410-531-5890 Website: http://petemoulton.com/

Real Estate Buyer Columbia Howard County MD BPO Realtor Broker - CMA