{
  "url": "sellingrealestateflorida.com/faq/what-is-a-comparative-market-analysis-cma-and-how-does-it-relate-to-property-val",
  "name": "What is a comparative market analysis (CMA) and how does it relate to property valuation?",
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    {
      "name": "What is a comparative market analysis (CMA) and how does it relate to property valuation?",
      "@type": "Question",
      "acceptedAnswer": {
        "text": "A Comparative Market Analysis (CMA) is an informal assessment of a property's value based on recently sold, active, and expired listings in the same or similar area. It's a key tool used by real estate agents to help clients understand what their home might sell for. This differs from a formal appraisal but offers a practical tradeoff by providing a quicker, cost-effective estimate for sellers and buyers, informing pricing strategies or offer decisions without the need for a full appraisal.",
        "@type": "Answer",
        "description": "A CMA is an informal property value assessment by real estate agents, based on local market comparables, helping inform pricing strategies."
      }
    }
  ],
  "description": "A CMA is an informal property value assessment by real estate agents, based on local market comparables, helping inform pricing strategies."
}