Comparative Market Analysis (CMA) - Time & Process

[Sven Simon]

To our Flippers out there:

I'm wondering about a few questions related to a CMA for a property you're interested in:

1. Would you always personally do a CMA or have your agent/broker do it?
2. How much time would you spend on a good CMA?
3. What's your process/tools?

Thanks, all!

[Michael Woodward]

@Sven Simon , Sorry it took so long to reply.....busy week....as usual.

Yes, by "looking at the house" I mean, physically on the premises. I spend about 10 minutes per house analyzing the online data to determine if it's worth a physical visit. The rest of the "two hours" is drive-time, walking the property, taking notes, etc.