Real Estate Broker how-to
How to Price a Listing with a Comparative Market Analysis
A CMA helps price homes accurately.
Quick answer
A CMA helps price homes accurately. In short: gather; adjust; review, then complete the remaining steps below.
Step by step
Gather recent sales of similar homes.
Adjust for differences in size and features.
Review active and pending listings.
Consider market trends.
Set a price range.
Explain the analysis to the seller.
Safety reminders for real estate brokers
- Follow fair housing and real estate laws
- Use showing safety practices
- Protect client funds and data
- Supervise agents carefully
Key terms
MLS · Listing agreement · Buyer agreement · Commission · Escrow · Trust account: see the full real estate broker glossary.