(Seattle area real estate) Real estate agents commonly use a CMA as….

March 10th, 2010

Real estate agents commonly use a CMA as a tool to determine a realistic asking price for home sellers.

If your home comes in valued less than the sales price of your home, the buyer of the home can decide that he won’t pay as much for the property and the sales price can be renegotiated.

There is the cost method, this is generally used for new properties when the costs of building is known.

Everyone’s biggest concern is the risk of a low appraisal.

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