A "CMA" is a "Comparative Market Analysis", which is an estimated market-value of a property. Realtors have access to MLS and other research data, which is compiled to help calculate the approximate dollar-amount of a property, so that Buyers and Sellers can better determine how much to offer in purchasing a home or set as their list price when selling a home. Many factors go into arriving at either an offer or list amount, so it is wise to remember that the Comparative Market Analysis is a suggested price, and should be used merely as a guide. A CMA is not an Appraisal of a property; only a licensed Appraiser can do an Appraisal, which is used for tax purposes and/or for bank information regarding a loan. A CMA, however, is used for marketing purposes and for assisting Buyers and Sellers to arrive at what possible price they might reasonably expect to buy or sell a property. Property market-values can fluctuate due to economic conditions and other extraneous factors.

Interested in a CMA? Please complete the form below and you will be contacted ASAP!
Lois Myers and Rich Myers
Lois Myers and Rich Myers
Broker and Sales Agent
9701 Westview Dr Houston TX 77055