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comparative market analysis

Home Appraisal vs. CMA: What Metro Detroit Buyers and Sellers Need to Know Before They Sign Anything

Most people buying or selling a home in Metro Detroit assume the number their real estate agent gives them and the number a licensed appraiser produces are roughly the same thing — just delivered by different people. They are not. They serve different legal purposes, they are produced through different processes, and confusing them has cost real buyers real money right here in our market. This post...

What is a CMA? | Pricing Your Metro Detroit Home for Success

What Is a CMA in Real Estate? A Metro Detroit Guide If you are entering the real estate market, whether buying or selling a home, there is one tool you absolutely need to know: the Comparative Market Analysis, or CMA. You may ask yourself, “What is a CMA in real estate?” This article is going to break it down for you and explain why the CMA is a needed resource for any buyer or seller, but...

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