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A comparative market analysis (CMA) is a custom report put together by a real estate agent.
It helps estimate fair market value & list price range for a home or property by comparing it to similar listings.
Read below to see some of
the steps used in creating a custom CMA!
We start by learning as much as we can about your property by asking questions such as # of beds & baths,
square footage, acreage,
any recent updates, & all other helpful details you share with us to fine-tune your CMA!
We then utilize our MLS access to find similar homes & properties nearby.
This includes all:
coming soon,
currently active,
currently under contract,
recently sold,
& recently expired listings.
Once we determine the most comparable listings for your home, we put together a roughly 7-page report of our findings.
This report includes (but is not limited to): average & median list prices,
average & median sale prices,
days on market for all,
any seller concessions at closing,
multiple pages of comparable homes,
AND MORE!
We’ll do it hassle-free. We never expect someone to list with us, or list at all, just because they ask for a CMA.
That’s because at Abode, we believe in earning your business by putting in the work to get it.
Abode Southeast Properties
Keller Williams Realty Greater Downtown | 1830 Washington St, Chattanooga, TN 37408
C: (407) 223-5423 O: (423) 664-1900
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