Competitive market analysis definition

Competitive market analysis means a method or process used by a real estate licensee in pursuing a listing agreement or in formulating an offer to acquire real estate in a transaction for the sale, lease, lease-option or exchange of real estate. The objective of competitive market analysis is a recommended listing, selling or purchase price or a lease or rental consideration. A competitive market analysis may be expressed as an opinion of the value of the real estate in a contemplated transaction. Competitive market analysis may include but is not limited to an analysis of market conditions, public records, past transactions and current listings of real estate.
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Competitive market analysis means a method or process used by a real estate licensee in
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Competitive market analysis or „CMA‟ means a service provided by a Licensee for the purpose of providing either a potential listing price or use or a potential offering price or use in a Real Estate Services transaction. In this method, Licensees compare properties whose characteristics are similar in location, style, size and amenities to provide an estimated market price or a potential use for a target property or area. The CMA usually consists of an evaluation of similar properties that have recently sold, are currently under agreement to sell and are currently listed or offered for sale. A CMA may also be referred to as a Comparative Market Analysis, a Comparable Market Analysis, a Broker Price Opinion or Broker‟s Market Analysis. A CMA is not an appraisal.
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Examples of Competitive market analysis in a sentence

  • Competitive market analysis (CMA): Estimate of value prepared by agent to help seller set a listing price.

  • The literature also indicates some benefits that can be pursued by different sectors by implementing the Agile such as: - Adaptive scope and planning, quickly response to change therefore reactive to risks that can affect efficiency (Conforto, E., & Amaral, D., 2010; Highsmith, 2004) - Competitive market analysis (Highsmith, 2004) business can adapt or change features in order to attend market drift and customer needs, leading to a better competitive advantage.

  • This category consists of two questions and the first question is about the entrepreneur’s strategy on the entrepreneurs view about maximum loss vs maximum possible return.The third category are questions about Preference for partnership vs Competitive market analysis.

  • Competitive market analysis may include but is not limited to an analysis of market conditions, public records, past transactions and current listings of real estate.

  • Seek assistance if needed Standard of Practice (4) • COMAR – Competitive market analysis disclosure.

  • Competitive market analysis of eastern redcedar.Forest Products Journal, 55(12): 58-65.Klepac, J.

  • Competitive market analysis is a strange and improper concept to apply here.

  • Competitive market analysis may include but is not limited to an analysis of market conditions, public records, past transactions and current listings of real estate.[(6)] (8) “Expired” means, in the context of a real estate licensee, that the license has not been re- newed in a timely manner, but may still be renewed.


More Definitions of Competitive market analysis

Competitive market analysis means a method or process used by a real estate licensee in pursuing a listing agreement or in formulating an offer to acquire real estate in a transaction for
Sample 1
Competitive market analysis or ‘CMA’ means a service provided by a Licensee for the purpose of
Sample 1
Competitive market analysis means a method or process used by a
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Related to Competitive market analysis

  • Financial Product means any securities, futures contracts or leveraged foreign exchange contracts as defined under the SFO. Regarding “leveraged foreign exchange contracts”, it is only applicable to those traded by persons licensed for Type 3 regulated activity.

  • Direct Market Access or “DMA” means an arrangement among a Sponsoring Broker, its Customer and BSEF that allows one or more representatives of that Customer to have Trading Access using the Participant ID of the Sponsoring Broker.

  • Competitive Business means any firm, partnership, joint venture, corporation and/or any other Person, and/or any licensee of such entity, that develops, manufactures, markets, distributes, provides, offers, or sells any services or products substantially similar to First Party’s services or products.

  • Competitive contracting means the method described in sections 45 through 49 of P.L.1999, c.440 (C.18A:18A-4.1 through C.18A:18A-4.5) of contracting for specialized goods and services in which formal proposals are solicited from vendors; formal proposals are evaluated by the purchasing agent or counsel or School Business Administrator; and the Board awards a contract to a vendor or vendors from among the formal proposals received.