FREE Comparative Market Analysis (CMA)
What is a Comparative Market Analysis (CMA)?
Why is it important to you as a seller?
We’re glad you asked!
A CMA is a report prepared by Serenity Real Estate Guam that compares the sales price of similar properties in the same area to estimate the market value of your property. This data helps you make informed decisions when pricing your home for sale.
A well-done CMA provides insights that can help you understand how your home’s location, condition, and other features affect its value. Knowing what similar homes in the area are selling for can help you set a realistic price for your home, which is critical for attracting potential buyers and ultimately making the sale.
In addition to pricing a home for sale, a CMA can also help a seller evaluate offers from potential buyers. Knowing the market value of their home can give a seller a better understanding of whether an offer is fair, or whether they should consider countering or rejecting it.
Overall, a Comparative Market Analysis is an essential tool for any home seller looking to price their property competitively and attract potential buyers in a timely manner.
