If you’re thinking about selling your home, you’ve probably heard the terms “CMA” and “appraisal” thrown around. While both offer an estimated value of your property, they are fundamentally different. Understanding these differences is crucial for setting realistic expectations and making informed decisions about your home sale. What’s a CMA? A Comparative Market Analysis, or […]
Why a CMA Isn’t an Appraisal Read More »
When it comes to pricing a home accurately, a Comparative Market Analysis (CMA) is a real estate agent’s secret weapon. But how many “comps” (comparable properties) do you actually need for a reliable CMA? Let’s dive in. What is a CMA? A Comparative Market Analysis (CMA) is an essential tool in real estate, providing an
How Many Comparables Should Be Used for a CMA? Read More »
If you’re a homeowner thinking about selling or a buyer considering a purchase, you might be wondering about the difference between a CMA and an appraisal. Both play a role in real estate transactions, but understanding their unique purposes and accuracy is important. What is a Comparative Market Analysis (CMA)? A Comparative Market Analysis (CMA)
Which is More Accurate: A Comparative Market Analysis (CMA) or an Appraisal? Read More »
Redfin is a popular real estate platform that offers a variety of services, including its well-known Redfin Estimate, a tool that provides an estimated market value of homes. But how reliable are these estimates, especially when it comes to making significant financial decisions? What are Redfin Estimates? Redfin Estimates are automated home valuations generated by
How Accurate are Redfin Estimates? Read More »
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