Asked by Boss Haz
How do agents determine the market value of a property?
31 views
To comply with GDPR we will not store any personally identifiable information from you. Therefore we will serve sub-optimal experience where some features such as Login/Signup are disabled. However, you will be able to search and see all the properties, see agent contact details and contact them offline on your own.
AskGuru Q&A Community
Make confident property decisions with advice from our experts
1 Answer
Real estate agents determine market value primarily by preparing a Comparative Market Analysis (CMA). They compare your home to recently sold similar properties in your immediate neighborhood, analyze current active listings, and factor in specific property details like size, condition, age, and recent renovations.
Read More