Frequently Asked Questions

Frank Musarra

Broker Associate


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RE/MAX Property Center

49 E. Midland Ave.

201-261-8111 x202

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Frequently Asked Questions

What is a Market Analysis?
A CMA is a report which compares your home to similar homes in your area to determine an approximate current market value. Often, a market analysis will include a list of homes that have recently sold or that may have been withdrawn for one reason or another. By studying the various types of properties and their respective prices, a real estate professional can determine an approximate market value for your home.

Why can't I get an instant Home Evaluation?
Instant online requests are usually not very accurate. Most instant CMA websites use the county tax information to determine value. County tax information changes frequently, so to ensure that you receive the most accurate and up to date valuation as possible, our database of realtors is there to perform your market analysis using the latest information. This includes homes that have sold and homes that are still on the market.