07-31-2009, 11:03 AM
quote:Sorry, that's not true. Only licensed appraisers can give you an appraisal. The sold data in real estate agent's newsletters is not a CMA, it's just the sold data. The CMA would compare a certain property to like-kind properties within the subdivision. If there is not enough comparable within the same subdivision than like-kind subdivision would be substituted.
Originally posted by Youser
As far as I understand, if I ask a realtor to value my house for a sale, that's an appraisal.
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