ValuationMarket_analysisEASY
A CMA (comparative market analysis) is:
Correct Answer
B) An informal analysis by an agent to help price a property
A CMA is prepared by a real estate agent to help sellers set a listing price or buyers determine an offer price. It is not a formal appraisal.
Answer Options
A
A formal appraisalB
An informal analysis by an agent to help price a propertyC
A tax assessmentD
A title reportWhy This Is the Correct Answer
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Deep Analysis of This Valuation Question
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Background Knowledge for Valuation
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Real World Application in Valuation
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Related Topics & Key Terms
Related Topics:
appraisal-comparisonUSPAP
Key Terms:
CMAinformalagentnot appraisal
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