Yorkville Real Estate Central

presented by The Summit Vista Real Estate Group at RE/MAX Professionals Select

Yorkville IL Real Estate

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Market Analysis   (CMA)

Selling Your Home Soon?

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Important: all fields marked * below are required. Incomplete forms are rejected by the Market Analysis system as SPAM.
First Name*
Last Name*
Property Address*
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Type of home (single family, townhome, condo, etc.)*
Approx. Square Footage
Bedrooms*
Bathrooms*
Basement? (No, Yes unfinished, Yes finished)*
Garage? (Attached, Detached, 1 car, 2 car, 3 car, etc.)*
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Comparative Market Analysis in Real Estate



Definition: When working with Sellers to determine a listing price or with Buyers to check value before offers to purchase, real estate agents do what is known as a Comparative Market Analysis, or CMA.

By going to sold property records, the Real Estate Professional selects recently sold properties that are similar to the subject property and in the same area. By comparing these properties, and adjusting for feature differences, an estimate of value is made for the subject property.

A thorough CMA might also include comparison to currently listed similar properties in the area. This would allow an assessment of the current competition and might lead to an increase or decrease in the estimate based on the sold properties.

Also Known As: CMA, comparables analysis
 
 

Summit Vista Real Estate Group
P.O. Box 9394, Naperville, IL 60567-9394
email  or  website
This real estate website is privately owned & operated by Summit Vista Real Estate, Inc. and is not affiliated with or sponsored by this city. Data shown on the Homes SOLD page is for all sales (not just ours) reported to the Multiple Listing Service of Northern Illinois.

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