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What is a CMA?

"CMA" is an abbreviation real estate agents use for a Comparative Market Analysis. A CMA gives an estimated sale price for a property given current market conditions. It's prepared by a real estate agent and it usually comes in report form. Most residential real estate agents don't charge a fee for preparing a CMA.

Pending and sold listings give the most reliable indicator of current market price. Active listings are a gauge of the current competition in the marketplace. Expired listings are properties that were listed for sale but didn't sell.

Sellers should have a CMA done before listing their home for sale. Don't be surprised if the CMA gives a price range rather than a set price. You're more likely to see this in markets were there is variation in terms of property size, age, architectural style and condition.

Call me today or email me if you want to set an appointment to see Las Vegas properties. I am ready to help.

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Real Estate information contained in this site deemed reliable but not guaranteed for Las Vegas, Henderson, Summerlin, Green Valley, North Las Vegas, Boulder City ~ Las Vegas Real Estate. This covers MLS Las Vegas commercial real estate or residential homes in Las Vegas, Henderson, Summerlin, North Las Vegas and Green Valley NV. John Chapman is a Realtor for RealEstate.com and serves real estate clients looking for homes, condos, lofts, investment properties and high rise condos in Las Vegas, Henderson, Summerlin, Green Valley, North Las Vegas and Boulder City NV. Floor plans and prices for new high rise condos, Las Vegas homes and lofts are subject to change. Las Vegas MLS multiple listing service data is provided by the Greater Las Vegas Association of Realtors and includes Henderson, Summerlin, Green Valley
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