Property Valuation
A Comparative Market Analysis (CMA) in Wisconsin is performed by a:
ALicensed appraiser only
BReal estate licensee for pricing purposes✓ Correct
CDSPS investigator
DCounty assessor
Explanation
A CMA is prepared by a real estate licensee to help sellers price their home or buyers evaluate offers; it is not an appraisal and cannot be used for lending purposes.
Related Wisconsin Property Valuation Questions
- The Wisconsin sales comparison approach to value is most appropriate for:
- Plottage value in Wisconsin refers to:
- Wisconsin's property assessment is administered at the:
- The Wisconsin equalized value (full value) of a property is set by:
- Wisconsin's equalization process for property tax purposes ensures that:
- The principle of progression in property valuation states that:
- Under Wisconsin law, a property owner who disagrees with their assessment may first appeal to the:
- When comparable sales in a Wisconsin CMA are from 18 months ago, the appraiser should:
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