Kansas License Law
What is a 'comparative market analysis' (CMA) and who may prepare one in Kansas?
AAn official appraisal requiring a certified appraiser
BAn informal estimate of a property's market value based on recent comparable sales, which may be prepared by a licensed real estate agent✓ Correct
CA government-mandated pricing tool
DA document required for all MLS listings
Explanation
A CMA is an informal estimate of market value prepared by a real estate agent using comparable sales data. It is not an appraisal and should not be represented as one.
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