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How to fill out the Comprehensive Comparative Market Analysis - Warner King Real Estate online
Filling out the Comprehensive Comparative Market Analysis (CMA) is a crucial step in accurately evaluating your property for sale. This guide provides a clear, step-by-step approach to assist you in completing the CMA effectively online.
Follow the steps to complete your market analysis efficiently.
- Press the ‘Get Form’ button to retrieve the form and open it in your preferred editing tool.
- Begin with the 'Subject Property' section. Enter the address, town, state, and zip code of your property. Fill in additional details such as zoning, year built, taxes, and lot size.
- Proceed to the 'Comparable Properties' section. List comparable properties that have recently sold in your area. Include their addresses, selling prices, and pertinent details.
- In the 'Map Display' section, visually represent the location of your property alongside comparable properties. Use an online mapping service to ensure accuracy.
- Navigate to the 'Price-Adjusted Comparables' section. Adjust the prices of the comparables according to factors such as conditions and features that influence valuation.
- Complete the 'CMA Summary' by summarizing the data collected, highlighting key points such as the average adjusted price and positioning of your property.
- In the 'Recommended Price' section, set a suggested listing price range based on your analysis to attract potential buyers.
- Finally, review the 'Seller's Estimated Proceeds' section. Provide estimated closing costs and potential profit based on the projected sale price.
- Once you have filled out all sections, ensure all information is accurate and complete. You can then save your changes, download the completed form, print a copy, or share it as needed.
Start completing your Comprehensive Comparative Market Analysis online today to ensure a smooth selling process.
Real estate professionals use a comparative market analysis to estimate the value of their client's home by comparing recently sold properties that have similar locations, square footage and features. The CMA report is typically created to help sellers establish asking prices for their homes.
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