Comparative market analysis definition

Comparative market analysis means the compilation of a subset of MLS GRID Data that may be used by Participant for the purpose of supporting an estimate of value on a particular property for distribution to, and use by, only a single, specific client to which only information that has been deemed non-confidential and necessary to support the estimate may be reproduced and attached to the estimate as supporting documentation. For the avoidance of doubt, an automated valuation model (AVM) is considered a Comparative Market Analysis.
Comparative market analysis means a brokers price opinion.
Comparative market analysis. (“CMA”) shall mean an analysis, opinion, or conclusion prepared by a person licensed under R. I. Gen. Laws § 5-20.5-1 et seq. in the ordinary course of his or her business relating the price of specified interests in or aspects of identified real estate or identified real property by comparison to other real property currently or recently sold in the marketplace for the purpose of listing, purchase, or sale.

Examples of Comparative market analysis in a sentence

  • Commission", the Missouri real estate appraisers commission, created in 91 section 339.507;92 [(14)] (19) "Comparative market analysis", the analysis of sales of similar recently sold93 properties in order to derive an indication of the probable sales price of a particular property94 undertaken by a licensed real estate broker or agent, for his or her principal.

  • Section 608.3 of the act is amended to read: Section 608.3. Comparative market analysis disclosure.

  • A certified appraisal report represents to the public that it meets the appraisal standards defined in sections 339.500 to 339.549; [(12)] (13) "Commission", the Missouri real estate appraisers commission, created in section 339.507; [(13)] (14) "Comparative market analysis", the analysis of sales of similar recently sold properties in order to derive an indication of the probable sales price of a particular property undertaken by a licensed real estate broker or agent, for his or her principal.

  • Comparative market analysis disclosure A comparative market analysis must contain the following statement printed conspicuously and without change on the first page: This analysis has not been performed in accordance with the Uniform Standards of Professional Appraisal Practice which require valuers to act as unbiased, disinterested third parties with impartiality, objectivity and independence and without accommodation of personal interest.

  • Commission", the Missouri real estate appraisers commission, created in 93 section 339.507;94 [(14)] (20) "Comparative market analysis", the analysis of sales of similar recently sold95 properties in order to derive an indication of the probable sales price of a particular property96 undertaken by a licensed real estate broker or agent, for his or her principal.


More Definitions of Comparative market analysis

Comparative market analysis means an analysis or opinion
Comparative market analysis and “CMA” are used interchangeably and mean a licensed real estate agent prepared product which includes a description of the subject property’s interior and exterior condition, three comparable active listings, three comparable sold properties and an estimated value based on normal and 30-day marketing times. The report also includes an itemized list of recommended repairs.
Comparative market analysis means the description of the subject property’s interior and exterior condition, three comparable active listings, three comparable sold properties and an estimated value based on normal and 30-day marketing times. The CMA also includes an itemized list of recommended repairs. The CMA is prepared by a Licensed Real Estate Agent.
Comparative market analysis means an analysis or opinion regarding pricing, marketing, or financial aspects relating to a specified interest or interests in real estate that may be based upon an analysis of comparative market data, the expertise of the real estate broker or managing broker, and such other factors as the broker or managing broker may deem appropriate in developing or preparing such analysis or opinion. The activities of a real estate broker or managing broker engaging in the ordinary course of business as a broker, as defined in this Section, shall not be considered a comparative market analysis if no compensation is paid to the broker or managing broker, other than compensation based upon the sale or rental of real estate. A comparative market analysis shall not be considered an appraisal within the meaning of the Real Estate Appraiser Licensing Act of 2002,
Comparative market analysis means an analysis of similar
Comparative market analysis means a brokers price
Comparative market analysis or “CMA” means an analysis, opinion, or conclusion prepared by a person licensed under R.I. Gen. Laws Chapter