When doing a CMA, if a comparable lacks a feature that the seller's property has, you will?

Study for the Alabama Real Estate Post-License Exam. Engage with flashcards and multiple-choice questions, with hints and explanations for each question. Get ready to excel on your exam!

In a Comparative Market Analysis (CMA), when a comparable property lacks a feature that enhances the value of the seller's property, the appropriate response is to add the value of that feature to the price of the comparable. This adjustment is crucial for ensuring that the analysis accurately reflects a more equitable comparison between the properties.

When determining the value of a property, features such as additional bedrooms, bathrooms, or upgraded amenities can significantly impact market value. If the comparable lacks one of these features, failing to adjust for this discrepancy could lead to an undervaluation of the seller's property. By adding the value of the missing feature to the price of the comparable, you align the comparison more closely with the seller's property and provide a fairer assessment of both properties' market values.

This approach helps to create a more accurate picture of the competitive landscape, enabling the seller to better position their property in the market. It ensures that pricing strategies, negotiations, and marketing efforts are reflective of the true value of the property being sold.

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