Appraisal vs. an agent's CMA in a divorce

A real estate agent may offer a free comparative market analysis (CMA). It can be a useful ballpark, but it isn't the same thing as an appraisal.

Who prepares it

A CMA is prepared by an agent, often hoping to earn the listing. An appraisal is prepared by a state-certified appraiser who is paid the same regardless of the value.

Standards

Appraisals follow USPAP, the national appraisal standards, and show the comparable sales and reasoning in a signed report. CMAs have no required standard.

Which one to use

If the value is going to be relied on by the other side, a mediator or a court, attorneys commonly ask for an appraisal. Ask your attorney what your case needs.

Quick answers

Is a CMA the same as an appraisal?

No. A CMA is an agent's price opinion; an appraisal is a signed report from a state-certified appraiser following USPAP.

Will a court accept a CMA in a Utah divorce?

That's for your attorney to advise. Many attorneys prefer a formal appraisal when value is disputed.

This page is general information, not legal advice. Talk with your attorney or mediator about your situation.

More divorce questions

• Do I need a home appraisal in a Utah divorce?
• Who keeps the house? Buying out your spouse
• One appraiser for both sides, or two?
• Home value as of a past date (separation date)
• Divorce appraisal overview