Comparative Marketing Analysis (CMA) vs. Appraisal: A Quick Comparison of Differences

In real estate, pricing accuracy can make or break a transaction. Price a property too high and it may sit on the market for months. Price it too low and sellers risk leaving money on the table. That’s why both Comparative Market Analyses (CMAs) and appraisals play such important roles in residential real estate transactions. Although buyers and sellers often use the terms interchangeably, a CMA and an appraisal are…