Master Real Estate Secrets In Comparative Market Analysis Classes

Real-World Applications

In practice, a well-executed CMA can be the difference between a quick sale and a property languishing on the market. For instance, a real estate agent who accurately assesses a property's value can set a competitive price that attracts buyers and maximizes the seller's return. According to the National Association of Realtors, properties priced accurately from the start are more likely to sell quickly and at a higher price point¹.