Comments on: Whats a fare price for asking a realator to do a Comparitive Market Analysis (CMA) on a house I may purchase?

By: Dawni Do Right

Dawni Do Right — Sat, 06 Mar 2010 14:00:59 +0000

In Washington State, it is illegal for an agent to charge for a CMA... I don't know about other states.
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By: wwpetcemetery

wwpetcemetery — Sat, 06 Mar 2010 13:46:59 +0000

It shouldn’t cost a thing for most realtors…mine didn’t charge anything…we had a provision added into the contract that let us back out of the purchase based on the appraisal by the lender who will also do the checks.
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By: Tony D

Tony D — Sat, 06 Mar 2010 13:13:59 +0000

These reports are computer generated in just a few minutes. So you're not asking a huge favor here. You should interview several good agents and find one you can work with. Then ask for the report in the good faith understanding that you will be writing your offers through that agent.
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By: Mrs HarleyBrat

Mrs HarleyBrat — Sat, 06 Mar 2010 13:02:59 +0000

WHY would you purchase a house without a realtor at all? The realtor doesn’t cost you anything – they look out for your best interests (and a free CMA) and you won’t save a dime buying the house without an agent. The agent can go back and check the history on the house (who owned it, why are they selling, are they in financial distress etc) They can also suggest seller pays your title and closing costs. A CMA can be done on a computer in about 10 minutes – personally I do not charge for CMA’s at all …… period. But if you insist on insulting a Realtor by asking them to do a CMA and yet not ask them to utilize their intelligence to assist you in making such a large investment/purchase – well, I’d say at least $50.
No offense, but as an agent I can’t see the logic in someone NOT using a Realtor when it’s FREE. That’s like telling your wife you will use the same divorce attorney (who looks out for YOUR best interests) Did you have a prior bad experience with an agent or something?
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By: Real Estate Guy

Real Estate Guy — Sat, 06 Mar 2010 12:47:59 +0000

Usually a realtor would do this to get business. If you want to pay them,I would say $100-200 depending on the type of property.
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By: linkus86

linkus86 — Sat, 06 Mar 2010 12:06:59 +0000

0$ Find a Realtor who will work for you in "goof faith" that he/she will represent you on the purchase and keep your word.
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