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Patty Wright, REALTOR´┐Ż
  • "The WRIGHT Real Pro 4 U"
  • 2011 FIVE STAR Real Estate Professional
  • Winner of the 2009 Circle of Excellence Award
  • Graduate of the Alpha College of Real Estate
  • Member of Hampton Roads Realtors Association
  • Member of Virginia Association of Realtors
  • Member of the National Association of Realtors
  • Member of the Multiple Listing Service & Real Estate Information Network

Homes for sale in Virginia Beach

KEMPSVILLE LAKE - SOLD!
Homes for sale in Virginia Beach

Homes for sale in Virginia Beach

ROSEMONT FOREST - SOLD!
Homes for sale in Virginia Beach

Homes for sale in Virginia Beach

WINDSOR WOODS - SOLD!
Homes for sale in Virginia Beach

Homes for sale in Virginia Beach

PEMBROKE MEADOWS - SOLD!
Homes for sale in Virginia Beach

Homes for sale in Norfolk

INGLESIDE - SOLD!
Homes for sale in Norfolk

Homes for sale in Virginia Beach

ROSEMONT FOREST - SOLD!
Homes for sale in Virginia Beach

Homes for sale in Virginia Beach

ARROWHEAD - SOLD!
Homes for sale in Virginia Beach

Homes for sale in Virginia Beach

TIMBERLAKE - SOLD!
Homes for sale in Virginia Beach

Homes for sale in Virginia Beach

COLUMBUS STATION EAST - SOLD!
Homes for sale in Virginia Beach

Homes for sale in Norfolk

LARCHMONT - SOLD!
Homes for sale in Norfolk

Homes for sale in Virginia Beach

THOROUGHGOOD - SOLD!
Homes for sale in Virginia Beach
 
    
  Homes for sale in Virginia Beach > Home buyer Negotiations

What is a CMA and why is it important in a real estate transaction?

A CMA is a Comparative Market Analysis and is important for both BUYERS and SELLERS....

When a seller is considering putting their home on the market to sell, one of their biggest concerns is how much their home is worth-that's where the CMA comes into play. I pull information from our Multiple Listing Service (MLS) database to arrive at a price range. When preparing a CMA, I look at recently sold properties with similar characteristics-such as square footage, number of bedrooms, amenities, etc. This is the same information that appraisers access to derive their valuation in the appraisal process. In this real estate climate, both short sales and foreclosures will be used in a CMA if those are the most recent and prevalent properties that conveyed. When buyers are contemplating putting an offer on a property, the question they always ask is - how much is this home worth/what should we offer? The answer to that question is found in a CMA. The CMA gives a snapshot of value by providing the recent sales history in the area.

Patty Wright, REALTOR

Patty Wright Real Estate Professional
Rose & Womble Realty Company
4190 S Plaza Trl Virginia Beach, VA 23452
(757) 635-4476
wrighthouse4@msn.com
2011 FIVE STAR Real Estate Professional
By Patty Wright
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Homes for Sale in Hampton Roads

Hampton Roads is a great place to live! There are always many homes for sale in Hampton Roads. The homes for sale in Hampton Roads are usually the full range of price and location. Hampton Roads includes many cities such as Virginia Beach, Norfolk and Chesapeake. Please use my Property Tools tab above to find homes for sale in Hampton Roads. I would be happy to show you any homes for sale in Hampton Roads! I have been helping buyers find homes for sale in Hampton Roads for many years. I can help you find any home for sale in Hampton Roads listed in the multiple listing service system.

Homes for sale in Virginia Beach

If your house is currently listed with
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solicitation of that listing