When it’s time to sell, you must be confident that every element of negotiating, the best terms and the highest price has been set before your home is even listed.

The real estate market in San Antonio is stable, but it takes an experienced professionals to move your house quickly, professionally, and profitably.

PLEASE FEEL FREE TO CONTACT US FOR YOUR FREE COMPARATIVE MARKET ANALYSIS BY THE SOLIS INTERNATIONAL TEAM.  WE ARE FLEXIBLE AND CAN MEET YOU IN OUR OFFICE OR AT YOUR PROPERTY TO DISCUSS OUR MARKET STRATEGY ONE-ON-ONE.

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What is a (CMA) comparative market analysis?

A Comparative Market Analysis (CMA) is an evaluation of similar, recently sold homes (called comparables or comps) that are near a home or homes that you want to buy or sell. Buyers, sellers, or real estate agents perform a CMA report to establish and find a fair price range for the home the report is created for. The price range from the CMA can then be used as a guide to be used for establishing an offer price or a listing price.

Basically, performing a CMA involves finding the homes that are similar to the home under consideration, and creating an in-depth comparison of its size, age, location, and features of the home. It all comes down to one question: compared to other, comparable homes in this area, how much is this home worth? Answering that question involves looking at a fair amount of data on other homes in the current market.

The process for doing a comparative market analysis includes:

Defining criteria for selecting comparables in close range to the home

  • Determine a list of quality comparables
  • Evaluate the comparables within close range to the home
  • Adjust comparable values for differences in size, condition, location, amenities, etc
  • Estimate the ideal value of your target home based off the findings