Jan 05 , 2016

Tampa School of Real Estate

Comparative Market Analysis (cma)

Definition:  An informal estimate of market value performed by a real estate licensee for the seller to assist in arriving at an appropriate listing price.  If working with a buyer giving an informal estimate of market value to help arrive at an appropriate offering price.

Pronunciation:  \kəm-ˈper-tiv\ \ˈmär-kət\ \ə-ˈna-lə-səs\

Used in a Sentence:   The agent provided a comparative market analysis so we could determine a fair offer for the property.

C