Getting a Comparative Market Analysis in Florida

for sale by owner advice

What is a comparative market analysis and why do you need one?

A comparative market analysis (CMA) is an evaluation of real estate prices for similar properties of recently sold homes typically within the area near the home you are selling. Our real estate agents can perform a CMA to help you determine a price to list when selling your home or a price to offer when buying a home.

What’s the difference between a comparative market analysis and an appraisal?

The difference between a CMA and a real estate appraisal is that a comparative market analysis is done by a real estate agent or broker and an appraisal is done by a licensed real estate appraiser. The agents at ERA Fernandina Beach Realty will create a CMA for you by utilizing recent sales data and using our knowledge of the local market.

If no similar properties were recently sold, a CMA can include currently listed properties. However, listing prices only indicate what the seller is asking and don’t necessarily reflect what the homes are actually worth.

How do I get a market analysis on my house?

If you are looking to buy or sell your home, ERA Fernandina Beach Realty offers incentives to help you. Get a $500 VIP Certificate! Customers completing this online form will receive a rebate back to you at closing once you have either sold or purchased property with our company.*

If you want to sell your home, then sign up to get a CMA on your property and receive $500 once your listed property has sold through us.

*Contracts will incorporate full disclosure of this rebate offer so that the Buyer, Seller, Other Agent, Title Company and Closing Attorney are all made aware of the $500 rebate.