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What is a CMA?
A comparative market analysis – ‘CMA’ is an analysis of active, pending and recently sold properties similar to yours and within the neighborhood. This is a very subjective analysis that can range from just a couple properties in a table to a few pages detailing each and every aspect of the property. A CMA is not an appraisal, however our team of experts is made up of over 20 years of Manhattan real estate experience and even 5 years of manhattan real estate appraising. The suggested value assigned to a property in a CMA is purely subjective and based on what real estate brokers believe they could sell your property for in the current market.