Comparative Asset Analysis - Comparative Market Analysis
Comparative Asset Analysis - Comparative Market Analysis
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What is CMA and why is it important to require it before purchasing a property in the US ?!
CMA = COMPARATIVE MARKET ANALYSIS
This is a document issued by a broker licensed in the United States through the e
MLS
Which is a closed system for American brokers who are required to enter all real estate assets marketed by them, and access is restricted.
The document in question gives a complete snapshot of properties sold for sale - with the same specifications - in the area of the property you would like to purchase in the US -
With parameters such as:
Property age, number of rooms Shower facilities, built size, lot size, balconies additions, pool, warehouse, parking and more -
Through these details we can conclude whether the asset we are buying is consistent with the prices of similar properties in the neighborhood already sold -
And gives us the most reliable measure of the value of the property without the assistance of an appraiser.
The same parameters can also be examined in the properties offered for rent.
We recommend examining properties sold at the highest price level in the neighborhood, if the property is fully renovated, which includes infrastructures:
Roof, electricity, plumbing, heating system and cooling, water heater.
So on your next purchase, do not forget to ask and get a CMA.
Successfully !
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Thanks
In most places it is called comps
Michael You have won world fame as a backup! The entry enters Real Estate under the terms Comparative Market Analysis (CMA). Thank you for your contribution to science and the environment!
thanks Michael
Great information for every dwarf and giant! ????? Five Stars !!!