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A CMA is a crucial tool that real estate agents use to determine a home’s value. They compare a property to similar homes that have sold recently and then adjust their estimate accordingly. Performing accurate and comprehensive CMAs requires real estate agents to take a number of factors into consideration, including market trends, the features of the homes in question, and the neighborhood’s overall reputation. Using a thorough and objective approach to calculating a property’s worth is one of the things that separates real estate agents from online to
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