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Whether you are a buyer or a seller the approximate value of the home in question is an essential starting point, as you begin the buying/selling process. Although a real estate broker is not a certified appraiser, they use very similar techniques in what is called a CMA, a Comparative Market Analysis to determine the value of a home. One should expect adjustments in that price, up or down, as one learns more about the amenities and condition of the house. The following parameters: