Question
Real Estate Agent: Jane is preparing a CMA for a sellers property. She chooses three comparables and makes the adjustments to take into account each
Real Estate Agent: Jane is preparing a CMA for a sellers property. She chooses three comparables and makes the adjustments to take into account each ones differences with the sellers property. Comparable 1 has an adjusted value of $289,500. Comparable 2 has an adjusted value of $295,700. Comparable 3 has an adjusted value of $291,300. How will Jane arrive at an estimate of the value of her sellers property?
She will average the three figures.
She will evaluate the reliability of each comparable and use that to determine an estimate.
She will let the sellers choose which of the three values they want to use as a listing price.
She will choose the price of the comparable that had the fewest adjustments
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