Basic Real Estate Concepts Quiz - Test Your Knowledge!

Why do real estate agents create a Comparative Market Analysis (CMA)?

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Correct Incorrect A CMA helps figure out what a home is worth by comparing it to similar homes that recently sold nearby. It’s a key tool for both pricing and making offers.

Why do real estate agents create a Comparative Market Analysis (CMA)?

To figure out property taxes
To estimate how much a home might sell for
To check loan options
To inspect the home for damage

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