How does a Comparative Market Analysis Benefit Homebuyers in Denver? If you’re considering listing your home on the market, ensuring that it’s priced accurately is a crucial element of the home selling process. This is why so many homeowners will have their real estate agent or broker do a CMA or Comparative Market Analysis, even when you search for ‘mortgage broker near me’. In addition to this, a CMA can be beneficial to the buyer as well as the seller for two very important reasons. First and foremost, a CMA compares your property with other similar ones in your area that have been for sale the past 3 to 6 months. Comparable homes typically share many of the same characteristics a your such as the condition of the home, property size and square footage. Furthermore, if you’re working with a good real estate agent of broker, the CMA will tell you 4 things: • Selling price of homes in your area • How long those homes have been listed • The delta between the time they were listed and when they sold • A low, medium, and high price for your home Second, it’s important to start the home selling process with the important information needed and a CMA provides that. This will help you make well-informed decisions and manage your expectations as well. https://maps.google.com/?cid=8850202376320540647