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Rainmaker
4,555,937
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

No.  Write your offer based on a CMA you have created.

Dec 06, 2018 02:12 PM
Rainmaker
1,047,094
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Make your offer based on data you gather. Or hire a buyer's broker to represent and advise you

Dec 06, 2018 03:36 PM
Rainmaker
5,096,566
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Do your own CMA's. Why would you ask someone else for their's? You can always ask, but they don't need to pass it over.

Dec 06, 2018 03:06 PM
Ambassador
2,048,741
Alan May
Jameson Sotheby's International Realty - Evanston, IL
An offer you can't refuse!

You're certainly welcome to ask... I don't know that it'd be considered unprofessional.  But a market analysis prepared by the listing agent isn't really going to serve your purpose.  It was prepared for the seller.

Your needs would be better served to research your own analysis to determine whether, or not, the home is well-priced.

Dec 06, 2018 02:23 PM
Rainmaker
950,077
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Please work closely with your broker or mentor to avoid ANY potential newbie problem.

Dec 06, 2018 03:41 PM
Rainmaker
7,795,854
Roy Kelley
Retired - Gaithersburg, MD

Do your own CMA for your prospective purchaser.

Dec 06, 2018 03:27 PM
Rainmaker
5,195,161
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Create your own for accuracy. Get your broker to help!

Dec 06, 2018 02:18 PM
Rainmaker
1,237,595
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Suggest you get your broker to help you learn doing your CMA.

Dec 06, 2018 02:15 PM
Rainmaker
1,498,868
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

No, this is not a practice done in my neck of the woods.  Best off to do your own CMA, as anything the listing agent would have done would only be good for that point in time.

Dec 06, 2018 04:33 PM
Rainmaker
2,375,605
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Why don't you do your own CMA?

Dec 06, 2018 03:54 PM
Ambassador
2,167,453
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

If you are a licensed agent and have access to the MLS, you can and should do your own CMA on the property.  You don't want to use data that isn't the most current info, and based on what another agent used to establish a listing price for the seller. 

As an agent, when YOU represent a buyer, you are not going to ask the listing agent for their info.  You are going to be expected to advise your buyer based on your knowledge.  Give yourself the same benefit of unbiased information.  It's not so much unprofessional as irresponsible. If you are unqualified at this point in your career to do so, ask for help from your broker or another trusted colleague.

Dec 06, 2018 07:06 PM
Ambassador
3,099,892
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Rely on the listing agent's information? I say NO. Do your own CMA! How else will you find out if you are buying a home that is of market value?

Dec 06, 2018 06:10 PM
Rainmaker
1,296,361
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

If I understand your question, you want to ask an agent who is already working for the seller to provide you with the information that he prepared for the seller in order to assist in pricing the home.

Why would an agent provide you with this information?

Are you planning to use that agent to represent you in the purchase of the home?

If not...you need to re-think your strategy and determine for your own sake and on your own what you should be or are willing to offer for the home.

Dec 06, 2018 05:43 PM
Ambassador
2,418,615
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Base your offer on the CMA you do - the listing agent might not even have DONE a CMA. Maybe she/he listed at the price the seller wanted. You never know. Just do your own analysis, figure out what a good market price is, and offer based on that.

Good luck.

Dec 06, 2018 04:44 PM
Ambassador
5,033,823
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

No, you should do your own due diligence. Or work with a Buyer's Agent to represent you through the process.

Dec 06, 2018 04:00 PM
Ambassador
2,679,799
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

   It is unprofessional.   Go to NAR RPR, or search your MLS for comps.

Dec 06, 2018 02:48 PM
Rainmaker
5,583,173
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

it certainly would NOT be to the sellers advantage to hand over a cma to the buyer or buyer's agent.... and the ethical model is to do whatever is in your client's best interest.... 

as a listing agent, I would tell you to do your own CMA.... a buyer's agent should be doing a CMA for his/her buyer...not asking for the listing agent's work...that's between him/her and the homeowner.... 

 

Dec 06, 2018 02:36 PM
Ambassador
3,339,984
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Run your own comps ... do your own CMA. If you do not yet have the skills or resources to do that, then hire someone to help you. 

Dec 06, 2018 07:23 PM
Ambassador
6,359,738
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I have my buyers agents do the cma for their buyers every time, easy to do on RPR.

Dec 06, 2018 06:25 PM
Rainmaker
2,776,231
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

If you never ask you will never know. Don't think...DO!

Dec 06, 2018 02:24 PM
Ambassador
5,204,945
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

You can ask but, you should do your own. If you're unfamiliar with the practice of putting together a CMA, have your broker or mentor assist you.

Good luck!

Dec 06, 2018 08:48 PM
Rainmaker
4,138,089
John Pusa
Glendale, CA

Many good suggestions.

Dec 06, 2018 06:34 PM
Rainmaker
809,258
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

I wouldn't personally ask for their CMA. I'd do my own. -Kasey

Dec 06, 2018 06:09 PM
Rainmaker
1,712,551
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I would work with someone in your office or your broker.

Dec 06, 2018 05:58 PM
Rainmaker
5,772,353
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Great advice by everyone here.  Follow what makes most sense to you.  A

Dec 06, 2018 04:16 PM
Rainmaker
1,189,974
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Why rely on someone else's work when you can generate it yourself. You might be surprised

Dec 07, 2018 05:44 AM
Rainmaker
1,045,440
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

It doesn't hurt to ask I typically do when I represent buyers in Northern VA market but I can't speak for what others do.

Its best to also do your own comprehensive analysis as well

 

Dec 06, 2018 07:47 PM
Rainmaker
4,855,398
Richard Weeks
Dallas, TX
REALTOR®, Broker

Maybe is an appraisal comes in low and you would like some additional information to present to the appraiser.

Dec 07, 2018 03:39 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

Dec 07, 2018 02:59 AM
Rainmaker
2,219,617
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Do your own CMA and have your broker help you. 

Dec 07, 2018 07:11 AM
Rainmaker
556,286
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

If the property is overpriced then definitely ask the listing agent for their comps. This a great negotiating tool. If you can show the listing agent where they made a mistake then you are one step closer to convincing the seller that they are overpriced.

Dec 07, 2018 05:06 AM
Rainmaker
3,415,644
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Most will not give you and those that do, do you really want someone elses who is looking to get the highest price for the home? Do you own and base your offer on that

Dec 07, 2018 04:58 AM
Rainmaker
564,494
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

It's always best to do your own research and prepare your own CMA.

Dec 07, 2018 04:39 AM
Rainmaker
849,841
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

You should be doing your own CMA... and getting mentor if you're not sure how.  

Dec 07, 2018 04:36 AM
Rainmaker
1,353,997
Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Luxury Homes & Interior Designer

Do your own CMA and research. 

Dec 07, 2018 04:28 AM
Rainer
117,135
Christine Kankowski North SD and Temecula
House Match Inc - Poway, CA
Excellent Sales and Property Management

If you are going to be representing yourself you need to do the work on your won behalf.

Listing agent represents the seller, not you, so it would not be in their interest to give that oer to you when you have access to the info yourself. 

Dec 07, 2018 08:16 AM
Rainmaker
1,840,496
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

lol, it is your job to do that. I am shaking my head here. Yes it's unprofessional.

Dec 07, 2018 08:13 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I would not trust the listing agent's CMA.  You should do your own.

Dec 07, 2018 07:55 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Of course you can ask.

However, the listing agent generally reserves that information for 'serious' buyers or to demonstrate to nearby homeowners their advocacy for their property values.

Such CMA information DOES establish a baseline and gives you a positional data set from which to begin negotiations.  I have no problem sharing such data with agents who ask. Often, such data is included in the homes data packet.

Now be aware, you MUST prepare your own property evaluation. Comparing the data sets allows you to know if the agent or the seller set the list price. For you, this is important regarding how you help the listing agent by the manner in which you present your offer.

Contrary to popular comment it would be UNPROFESSIONAL to deny yourself all the available data and mindset.

Now, with this information, if you choose to submit a well below list price you can establish the reasoning for such an offer. Take great care when crafting this argument because many agents will share your correspondence directly with the seller. Knowing this you can be more successful in controlling the narrative surrounding your offer.

Best of success,
Annette

Dec 07, 2018 07:20 AM
Rainmaker
898,068
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Best to come to your own conclusion based on your own research. Plus, the timing of the original CMA might be different as the market might have shifted since it was done. Having said that, it can't hurt to ask the LA as to how he/she arrived at the price.

Dec 07, 2018 06:34 AM
Rainmaker
5,850,611
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Never, do your own CMA.

Dec 11, 2018 08:17 AM
Rainmaker
3,986,196
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Do one yourself, I am not doing your work for you

Dec 09, 2018 04:15 PM
Rainmaker
4,905,169
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

That would be a first I think!

 

Dec 09, 2018 11:19 AM
Ambassador
3,160,339
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

If you are needing the listing agent's CMA you are not ready to be assisting buyers in writing an offer. DO YOUR OWN CMA.  And yes I've had buyer's agents ask, it indicates they really don't know what they are doing.

Dec 08, 2018 03:24 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Candice A. Donofrio nailed this one!

Dec 08, 2018 07:38 AM
Rainmaker
2,070,825
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

No idea.

Dec 07, 2018 12:26 PM
Rainmaker
1,598,452
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

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Dec 07, 2018 11:45 AM