Real Estate Blog

In today’s real estate climate, it can be difficult to know how much your home is worth and what to base those numbers on. This is where our Comparative Market Analysis (CMA) comes in. Simply put, a CMA is a tool real estate professionals use to determine the value of your home based on the other homes that have sold in your area. 

Although you may be aware of some factors that influence the price of your home, there’s really no substitute for having a professional prepare a CMA. You can be confident your Steve Volkers Group agent will give you the most accurate estimate of a home's value in the current market. 

A CMA can give you a competitive advantage when it comes to selling your home, making critical decisions, and closing quickly.

What’s included in a CMA?

Creating a CMA is a complex process and should only be completed by one of our agents to ensure complete accuracy. There are several components that determine the outcome of a CMA— Rocket Mortgage compiled a list of components:

Location 

• Age and condition of the property
• Special features of the property
• Lot Size
• Square Footage
• Terms of Financing and Sale

Your Steve Volkers Group agent will take this data into account while running your CMA.

Make Critical Decisions

Having an accurate CMA will help you make key decisions with one of our agents when it comes to listing your home— the main one being the listing price! Understanding the appropriate price for your home can lead to several offers (and in today’s market, some likely over the asking price). You’ll have a competitive advantage over other sellers simply by having the knowledge that comes with accurate CMA results.

Close Quickly

Knowledge is power, and in the selling process, this is especially true. Knowing what types of homes are selling, what kinds of features buyers are looking for, and what to highlight in your listing is key to selling your home quickly and smoothly. 

At Steve Volkers Group, we help our clients with every step of the selling process. We continually educate ourselves on current market trends in order to help our clients close efficiently and achieve their goals.

If you’re planning to sell this year and/or you’re not sure where to begin, we have a free downloadable Seller’s Guide to help you get started!

If you’re interested in receiving a CMA for your home, let us help! We offer FREE CMAs to help you understand how much your home is worth. Fill out our short Google Form here and a member of our team will be in touch with your results.