How To Understand a CMA (Comparative Market Analysis) or Comps Explained
Whether you’re buying a home or selling a home, at some point your real estate agent is going to present you with a CMA (comparative market analysis) also known as comps. Its a report filled with data of recently sold homes. It may be information overload if you have no idea how to interpret all the data presented in it. No need to worry, WATCH this video! I’ll walk you through what a CMA is, break it down into easily digestible chunks, to help you as a buyer or seller make the most sense of it.
00:00 Intro: How To Understand a CMA (Comparative Market Analysis) or Comps Explained
01:01 Channel Intro
01:10 What's Important in a CMA and How you Interpret it
01:16 Rundown of an Actual CMA
01:47 Check the Location
01:51 Check the COMPS
02:09 Look at Homes that have Sold
03:12 Know the Neighborhood
03:56 Subject Property
04:18 Know the Architecture Style
04:41 Know the Lot Size
04:44 Build Year
05:13 Comparable Properties
14:48 Price Analysis
15:29 Listing Price Recommendation
19:20 Outro
🚚 Moving to WISCONSIN? I’d Love to Help!
📲 (414) 459-1655
📧 [email protected]
👋 LOR VANG, Lic# 85560-94
🏆 Brokered by: eXp Realty
Connect
🌐 Website: www.lorvangrealty.com
📅 Get on my Calendar: https://calendly.com/lorvang/realesta...
📺 YouTube: / @lorvang
📲 Facebook: / realtorlor
📱 Instagram: / realtor_lor
💼 LinkedIn: / lvang
Disclosures
😀 Info provided is opinion and for entertainment purposes.
💰 Links shared may be affiliate links to products or services. We may receive a commission, discount or benefit for purchases made through these links.
🔎 Sources
Niche, Wikipedia, TravelTime, Census, Real Estate Commission
😀 Info provided is opinion and for entertainment purposes.
💰 Links shared may be affiliate links to products or services. We may receive a commission, discount or benefit for purchases made through these links.
How To Understand a CMA | Comparative Market Analysis Explained
#cma #marketanalysis #lorvangrealty