Chicago's Multi-Unit Network

CMA vs. Appraisal: What’s the Difference? 🤔🏡

Ever wondered why your agent talks about a CMA while your lender insists on an appraisal? Here’s the deal:

✅ CMA (Comparative Market Analysis) – Helps price your home just right to attract buyers & strong offers. 📊💰

✅ Appraisal – Done by a licensed appraiser to determine the home’s value for the bank & insurance. 🏦🔍

Both are important, but one helps you sell & the other helps you close! 💼🔑

Got questions about buying or selling in Chicago? Let’s chat! 📩