Comments on: How to Do a Comparative Market Analysis: A Step-by-Step Guide https://theclose.com/how-to-do-a-comparative-market-analysis/ Your #1 Source For Actionable Real Estate Advice Wed, 05 Mar 2025 15:40:01 +0000 hourly 1 https://wordpress.org/?v=6.7.1 By: Gina Baker https://theclose.com/how-to-do-a-comparative-market-analysis/comment-page-9/#comment-454211 Mon, 23 Sep 2024 13:08:32 +0000 https://theclose.com/?p=3943#comment-454211 In reply to Fedora Constancia Chan Pineda.

Glad it was helpful!

]]> By: Fedora Constancia Chan Pineda https://theclose.com/how-to-do-a-comparative-market-analysis/comment-page-9/#comment-454209 Sun, 22 Sep 2024 03:11:45 +0000 https://theclose.com/?p=3943#comment-454209 Thanks for this I need a refresher for my REal Estate VA gig …thanks so much.

]]> By: Chris Linsell https://theclose.com/how-to-do-a-comparative-market-analysis/comment-page-9/#comment-403765 Fri, 27 Jan 2023 19:17:03 +0000 https://theclose.com/?p=3943#comment-403765 In reply to Jason Cannon.

Hi Jason!

If you’re working in a major metro market where a square foot in one apartment is pretty equivalent to another, you can get away with doing a completely virtual CMA. However, if you want to understand the finer details of a property, and get the intimate details from the owner, you’ve got to put your feet in the property.

Chris

]]> By: Jason Cannon https://theclose.com/how-to-do-a-comparative-market-analysis/comment-page-9/#comment-402902 Wed, 25 Jan 2023 21:38:24 +0000 https://theclose.com/?p=3943#comment-402902 So you dont have to actually go out and look at the property at all?

]]> By: Lonnie Bradford https://theclose.com/how-to-do-a-comparative-market-analysis/comment-page-8/#comment-395494 Mon, 09 Jan 2023 15:53:17 +0000 https://theclose.com/?p=3943#comment-395494 I am a new agent and am familiar with doing comps. I struggle because I service a rural area and there are very few comps that are the same or close to the same. It is largely due to land. Some comps have 1-2 acres and others have 5 to 6 acres. Then there is the square footage. So many variables. The closest I can get is year built. I am going out to a 10 mile radius. How do you compensate for more or less acreage and more or less square footage? It’s the adjustments that get me.
Lonnie Bradford
Worth Clark Realty

]]> By: Laurence https://theclose.com/how-to-do-a-comparative-market-analysis/comment-page-8/#comment-385981 Wed, 14 Dec 2022 05:32:22 +0000 https://theclose.com/?p=3943#comment-385981 Thanks so much. I am a New Agent and I am delighted to learn as much as I can.
Laurence R.

]]> By: Chris Linsell https://theclose.com/how-to-do-a-comparative-market-analysis/comment-page-8/#comment-342990 Mon, 08 Aug 2022 14:35:11 +0000 https://theclose.com/?p=3943#comment-342990 In reply to Debra S. Kirby.

Hi Debra –

Glad to help, and glad to have you here as a part of The Close community. You’re going to crush it, I just know it 🙂

Chris

]]> By: Debra S. Kirby https://theclose.com/how-to-do-a-comparative-market-analysis/comment-page-8/#comment-342769 Sun, 07 Aug 2022 13:05:24 +0000 https://theclose.com/?p=3943#comment-342769 Thanks so much for this comprehensive breakdown. Preparing my first CMA, nervous and happen to fall upon this article!

]]> By: Chris Linsell https://theclose.com/how-to-do-a-comparative-market-analysis/comment-page-7/#comment-338475 Fri, 22 Jul 2022 13:17:33 +0000 https://theclose.com/?p=3943#comment-338475 In reply to JULIO PAUCAR.

Hi Julio –

You bet, happy to help.

Chris

]]> By: JULIO PAUCAR https://theclose.com/how-to-do-a-comparative-market-analysis/comment-page-7/#comment-338130 Wed, 20 Jul 2022 23:02:56 +0000 https://theclose.com/?p=3943#comment-338130 Thank you, Chris, for your valuable information.

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