Comparative Market Analysis (CMA)

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- The Regulatory Framework: FIRREA and The Appraisal Foundation
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- Appraisal Service of Real Estate (Part I, Chapter 475, F.S.)
- Comparative Market Analysis (CMA)
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- Concepts of Cost, Price, and Value
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- Depreciation and the Age-Life Method
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- Gross Rent Multiplier (GRM) and Gross Income Multiplier (GIM)
- Preparing a Comparative Market Analysis (CMA)
- Selecting Similar Comparables
- Computer Generated CMAs
- Chapter 17 Quiz 10 xp
Real Estate Investments And Business Opportunity Brokerage
Taxes Affecting Real Estate
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FLORIDA REAL ESTATE SALES ASSOCIATE COURSE

Real Estate Appraisal

Section 4 of 26

The most common valuation tool used by real estate agents is the Comparative Market Analysis (CMA). A CMA is a marketing tool prepared for a buyer or seller to help them determine a realistic listing price or offering price. While it looks at similar properties (comparables) just like an appraisal does, a CMA provides a price range rather than a specific value opinion and is not required to follow the strict technical rules of USPAP. It is distinct from an appraisal and is typically provided as part of the agent's service to secure a listing or assist a buyer.