Secrets Real Estate Agents Hide Comparative Market Analysis Decoded
The Financial Impact of a Well-Executed CMA
A well-executed CMA can have significant financial implications. For sellers, pricing a home too high can lead to it sitting on the market too long, which often results in price reductions and a lower final sale price. Conversely, pricing too low can mean leaving money on the table. For buyers, understanding the CMA can prevent overpaying for a property and provide leverage in negotiations.