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What one of these is the best description of a comparative market analysis?

A comparative market analysis (CMA) is a process used to evaluate the value of a property by comparing it to similar properties that have recently sold in the same area. It considers factors such as location, size, condition, and features of the properties to provide an estimate of a property's market value. CMAs are commonly used by real estate agents to help sellers set competitive prices and assist buyers in making informed offers.


What is the best description of a comparative market analysis?

A comparative market analysis (CMA) is a tool used by real estate professionals to assess the value of a property by comparing it to similar properties that have recently sold in the same area. The CMA takes into account factors such as location, size, condition, and features of the properties, providing a data-driven estimate of a property’s market value. It helps sellers set competitive prices and assists buyers in making informed offers. Overall, a CMA is essential for understanding current market trends and property valuations.


Where can you find the value of your home?

The best way it to contact a licensed real estate agent and ask them for a comparative market analysis on the property. Sites like Zillow and Trulia also tend to have a rough idea of the value.


Is useless a comparative adjective?

No, "useless" is not a comparative adjective. It is a simple adjective used to describe something that has no use or value.


1 Discuss the growing importance of the global market and the roles of comparative advantage and absolute advantage in global trade?

discuss the growing importance of the global market and the roles of comparative advantage and absolute advantage in global trade?


What is the market value for seismograph?

what is the market value for seismograph


What is market value of capital employed and how is the evaluation?

the market value of capital is a company's to market value minus is liability


How to compute after tax salvage value?

Salvage Value - [Tax * (Market Value - Book Value)


What is Market to market accounting standards?

I think you mean "Mark to Market" which is an accounting technique in which assets are valued at their current market value and not a previous value or future value. Mark to Market is also known as "Fair Value" accounting.


What is the meaning of Market value of shares?

market value is the current value of the share, which can be bought or sold.


What is a Real estate market analysis?

A real estate professional typically prepares a comparative market analysis before a client purchases or sells a home. The report outlines the estimated value of a property based on its features and the conditions in the area’s housing market. Buyers and sellers can use the report to gauge whether a home’s sale price is reasonable.


How do you know the equity in your home?

Find the market value and subtract the payoff amounts of any loans on the property. To find market value, ask three real estate agents to give you a comparative analysis of the value of the home i.e., what do they think it would ACTUALLY sell for. You could also submit the basic details of your house to a property buying company who will provide a cash offer - these aren't usually for the full market value (ie what an estate agent will say) but most do not charge fees like an estate agent so it works out about the same.