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feature image of  What Is A CMA? Why Does It Matter?
What Is A CMA? Why Does It Matter?
A CMA, or Comparative Market Analysis, is a vital tool in understanding the value of your property. It goes beyond a simple appraisal, considering factors such as property type, condition, and location to provide a comprehensive overview. One common mistake in the industry is comparing properties solely based on their neighborhood, overlooking critical factors like condition and style. For instance, comparing a ranch to a bi-level or a single-family home to a condo might lead to inaccurate valuations.As your listing agent, our responsibility is to defend the price of your property once you've secured an accepted contract with a responsible buyer. This is where a well-executed CMA becomes indispensable.Unlike a bank appraisal, a CMA takes into account recent closed transactions, ensuring a more accurate reflection of the current market conditions. Banks may inflate property values for loan purposes, but our role is to provide you with a realistic and defendable price.As you approach the appraisal stage, it's crucial to understand that if the appraisal value differs from the contract price, we, as your listing agent, are tasked with defending that price. Therefore, the accuracy and precision of the CMA become paramount.  If you have any questions about listing or selling, or if you'd like a CMA done for your property, please don't hesitate to reach out to us. 📱 Call or text us at 502.265.4776 📧 Email us at Todd@ampedpg.com And remember, if you know anyone looking to buy, sell, or invest in real estate, please don't keep us a secret – we're here to help! Happy house hunting! 🏡  

Reviews

Donna McCoy

Selling a property when you're out of state can be extremely difficult, but Todd Martin and his staff at Call It Closed Realty made the process so very easy for us. He went above and beyond to help us navigate the items needed to be updated prior to listing, and was always available when we had a question or needed some assistance. We were under contract with the buyer within a week of listing, and special arrangements were made so that we didn't have to travel to Kentucky for the closing. If you're looking to purchase or sell, Call It Closed is the group you need to be working with.

glen hill jr.

Ok, Todd Martin has helped through a job loss and all kinds of issues. (I now have a great career) we've walked through dozens of homes in the span of three years. But now, I'm in the perfect home because of him. He's the best Real Estate Agent ever, PERIOD.

Haley Switzer

Todd from Call It Closed Realty was fantastic in helping us find our new home. Moving across states made it difficult to arrange to see homes. He was always able to help us, whether going to see the property himself or arranging for some help when he's out of town, Todd will always make sure you are covered. He's knowledgeable and communicates promptly. Hannah, his lovely assistant, is pleasant to work with and will be your best friend regarding the details of the sale. Need recommendations for any kind of repair on your home? She knows a guy. Don't know when you're new trash pick-up day is? Also, did you remember to think about when your new trash day is? Don't worry, Hannah is on it before you even know you need the help. Overall very happy with our service.

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