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How a CMA Works

A CMA evaluates properties similar to the one you're interested in, focusing on factors such as location, size, condition, and features. Real estate professionals compile this information from various sources, including Multiple Listing Services (MLS), and present it in an easy-to-understand format. This analysis allows you to see how your property stacks up against others, providing insights into the fair market value and helping you strategize your buying or selling approach.