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A Free Comparative Market Analysis or Free CMA is a great tool not only for Atlanta home sellers, but for home buyers also.
A Free CMA is just an estimate of your home or properties values based upon a local comparison in your immediate neighborhood. It will include information such as:
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Sold Prices of Comparative Properties
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How Long on The Market or Days on Market (DOM)
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A Comparison of Property Features of Homes Sold and Currently Listed
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Comparison of Ages of Home, Features and Upgrades
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An Estimate of Price and Timeframe to Sell Based upon Current Market Conditions, and Inventory.
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Absorption Rate - An Estimate of How Long it will Take to Sell Your Home based upon Current Market Inventory
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Identify Current Market Competition to Your Property that is Currently on The Market.
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Identify Appreciation Rates or Depreciation Rates in Your Immediate Area
With the results from the CMA's SOLD homes or similar properties found in the MLS search, they will be reconciled to your home and current condition, we can arrive at a selling price. Keep in mind that the price derived from a CMA is subjective. A FREE CMA is not an appraisal. You need to hire a licensed appraiser to complete an appraisal.