CMA An analysis used by real estate
practitioners to assist the seller in
comparing his/her property with others in
the marketplace in order to establish a
listing price. The competitive market
analysis is not designed to establish market
value.
The CMA form typically includes homes
that are currently for sale, have recently
sold, or on which listings have expired or
did not sell in a defined time period. This
information provides the seller with an
indication as to what buyers are prepared to
pay, given current market conditions. The
CMA is a valuable tool for salespeople when
properly informing sellers regarding market
conditions and obtaining saleable listings.
No standard format for the CMA in Canada
exists and content varies among brokerages,
regions, and provinces.
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