When real estate agents work with home sellers, they usually conduct a comparative marketing analysis (CMA) so they can determine the estimated value of a property without the cost of hiring an appraiser.
Trouble is, the seller feels obligated to use the agent because they went to the trouble of creating the CMA.
So, what if you could accurately predict the resale value of a piece of real estate without the help of an agent or appraiser?
If you’re a real estate investor who has been doing everything on your own, you’ve probably tried to do the following to determine the value of a home:
- Sift through estimates from real estate websites
- Check the assessor’s website
- Compare the property with other properties in your area
- And more…
It involves a lot of work and if you’re a new investor, conducting a CMA on your own can be quite confusing. It also may not be very accurate...
That’s why HouseCanary…
JP Moses
is a real estate investor in Memphis, TN, with experience ranging from land lording to note buying, rehabbing, and wholesaling. However, wholesaling is the area that he enjoys most and where he bring the most experience and expertise to his students.