How to conduct a reliable CMA pricing analysis as a real estate agent
The easiest way to be lazy with a CMA is to just average the sold prices of a few properties in the same neighborhood. It looks fast, but it's easy to mislead the client. A house being one street over, on a different floor, or having a different orientation can all become major weaknesses during negotiations. I now look at sold properties from the past three to six months first, then look at…