CMA What is a CMA in Real Estate? A CMA is a Comparative Market Analysis. CMA is the term real estate Professional use when they conduct an in-depth analysis of a home's worth in today's market. The best part about a CMA is that when you ask for it from David Walker, Realtor it's free! For the Home Seller a CMA is a method to learn their home's current value so they can select the best Listing price. For the Home Buyer a CMA is a method to determine the current value so they can make an offer to purchase the home CMA will tell you what homes are:
"Contingent-1st Right" means that an offer has been made and someone else has the Right to buy it first. (rarely seen) "Contingent-Back up" means that an offer has been made and accepted by the owner. But, there is a condition that must be met before the sale can go forward such as the bank agreeing to take less money than they are owed. "Pending" means that the home is in escrow and waiting for inspections, financing, etc. "Sold" The property has closed escrow that means that the contract has been executed and there is a new owner of the property. "Cancelled" The owner has decided not to sell the property. "Conditional Cancel" The owner had decided to take the property off of the market, but there may be an existing contingency offer. "Expired" The length of the listing contract has expired. "Release From Showing" The property will no longer be shown A CMA is not an appraisal. An appraisal is made by a licensed appraiser using only infomantion from simiular property that has been sold. In most cases David Walker uses all data for the "track" or group of tracks that is near your home is located. The best CMA is one with many similar homes that has been sold recently near the subject property. However, one sometimes must tweek the CMA to remove dis-similar homes to the subject property.
All Sales that are shown involved other brokerages both on the selling and listing side. Any involvement by Condohouse Realtors is clearly stated and highlighted in RED. All sales data is from many sources and is believed to be accurate but is not guaranteed. "" "" "" |
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David L Walker REALTOR ®. All Rights Reserved For Ventura County Real Estate Information Call David Lee Walker REALTOR ® State of California, Department of Real Estate "Real Estate Broker License" Identification Nunber 01124599 805 - 377 - 0897 Home Office 805 - 486 - 3030 E-mail condohouse@gmail.com This site, built, maintained and updated by David Lee Walker REALTOR ® "The Internet Broker" of Ventura County, e-PRO CondoHouse Realtors
Last Modified on Saturday May 19, 2012, 7:55 AM Day 140 of 2012 38.2 226 Days Left in this Year 61.7 Sunrise 5:51 AM PDT - Sunset 7:55 PM PDT Daylight: 14 Hours 04 Minutes / 2 Minutes More than Yesterday Longest Day June 21, 2012 - 14 Hours 26 Minutes Shortest Day December 21, 2012 - 9 Hours 52 Minutes Ventura County Beach and Coastal Weather 50 years of Ventura Weather History DAVID LEE WALKER, Realtor 805 - 377 - 0897 condohouse@gmail.com |