How to Prepare a CMA for Minneapolis Sellers
By Virtuance Real Estate Marketing, Nationwide photography/3D tour provider
(Virtuance)
The Minneapolis/St. Paul real estate market is one of the fastest-growing in the nation. As demand for housing grows, the average value of Minneapolis homes has increased by 5.7% over the past year. Minneapolis real estate agents will be competing with other real estate brokers for the attention of potential sellers. One of the most important ways a Minneapolis real estate agent can differentiate themselves from the competition is by conducting a thorough comparative market analysis. What is a Comparative Market Analysis? A Comparative Market Analysis (CMA) is how real estate professionals price a property. This analysis is based on similar homes in the current market. These properties are either recently sold or currently for sale. CMAs utilize various data and comparison points to ev...
Comments
0