The difference between a Comparative Market Analysis (CMA) and an appraisal may not seem important at first glance since both are used to determine property value. However, at closer inspection, this topic may prove critical to the sale of a property. By definition, a CMA is a price estimation prepared by a licensed real estate broker that is valid right now, meaning at this very moment, and is a reference for buyers and sellers when deciding a list or offer price on a proper