Many people who are going to buy or sell a home often times hear their realtor refer to a thing called comps. Comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate transaction. They basically allow you to estimate the fair market value of a home based on a number of different criteria. It is imperative that your real estate agent provide you this information in order for you to properly negotiate a contract.As a buyer, a CMA can give you a...
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