🏠 Realtor & Real EstateTechnicalAlso: CMA adjustment, Repair value analysis, Pre-listing ROI
Comparative Market Analysis (CMA) - Repair Impact: A CMA is a realtor's assessment of property value…
Definition
A CMA is a realtor's assessment of property value based on comparable recent sales. The repair impact component shows how property condition affects market value relative to comparables.
Common Questions
Real-World Example
A realtor runs a CMA showing that updated comparables sell for $25,000 more — recommending pre-listing repairs with CRM Services.
Why It Matters
Understanding CMA repair impact helps realtors make the business case for pre-listing work.
Related Terms
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Pre-listing Repairs
🏠Pre-listing repairs are improvements made before putting a property on the market to maximize sale p...
Cosmetic Updates
🏢Cosmetic updates are non-structural improvements to improve appearance — fresh paint, new flooring, ...
Deferred Maintenance
Deferred maintenance refers to repairs and upkeep that have been postponed over time. When maintenan...