Comparative market analysis, known in short as CMA, is a tool used in the real estate industry to estimate the value of a home. The basic premise of comparative market analysis is to calculate a property's value based on the average price per square foot or price per square meter of similar, recently sold properties in the same geographic region. Although comparative … [Read more...] about Complete Guide of Comparative Market Analysis (CMA) of Real Estate in 4 Easy Steps
market analysis for real estate
How To Do Market Analysis for Real Estate
Market analysis refers to researching the dynamic of a particular market, including internal and external factors which can directly affect the market. Real estate requires plenty of market analysis, by both realtor and individuals selling or buying living spaces. Realtors use market analysis to help people find homes or apartments to rent. They compare the individual’s budget … [Read more...] about How To Do Market Analysis for Real Estate