Rental CMA
Because every rental property is unique,
we provide a free
Rental CMA (Comparative Market Analysis)
to all of our owner clients.
Rental CMA Request
What is a Rental CMA?
A rental CMA is a comparative market analysis that provides an estimate of a rental property’s fair market rent. It compares the subject property to similar rental properties in the same neighborhood, building, or area – depending on the property and where it is located in the Seattle area. A rental CMA considers factors like property size, rental condition, resident amenities, and recent rental history.
Why is a Rental CMA important?
A rental CMA is crucial for setting accurate rental rates. Each analysis assists you, as the investment property owner, in making informed investment decisions and understanding the market value of your Seattle area rental property. It helps you avoid overpricing or underpricing your property, ensuring you maximize your rental income while minimizing the amount of time the property is sitting vacant.
What factors are considered in a rental CMA?
It will depend on the property type, location, and amenities. Generally speaking, the rental CMAs we produce for our Seattle owner clients typically use the following inputs: property size (square footage), number of bedrooms and bathrooms, rental property age, condition, amenities (e.g., parking, laundry, included utilities), property location, and recent rental history of comparable properties in the neighborhood.
Can I do a rental CMA myself?
While it’s possible to do a basic rental CMA yourself using publicly available online resources, as Realtors our team has access to databases that allow us to provide you with a more accurate and in-depth analysis. These nuanced quantitative analyses are something we do regularly, and are bolstered by our nearly 20 years of experience in Seattle area property management, as well as our frequent discussions with prospective residents about what is important to them in their Seattle area rental search.
How long does it take to get a rental CMA?
We do our best to get a rental CMA completed and sent to you by email within three business days of the request. We may need to follow up with you in order to get a bit more information about the rental property to provide a thorough analysis for you.
Can a rental CMA help me sell my rental property?
Yes, a rental CMA can be helpful when selling your Seattle rental property. If your property is resident-occupied, highlighting the rent the residents are currently paying can be a helpful data point. If your rental has not been recently updated to maximize the rent being collected, we can produce a rental CMA to share with prospective buyers that will show what the new rental rate could be after a remodeling project was completed.
If you need a Realtor to guide you through the process of selling your Seattle area rental property, we would be honored to assist you.
Did a wonderful job managing our property for the last 7 years. Took care of some minor problems expeditiously. Would recommend them to anyone.
Meet Your Property Management Team
RE/MAX Integrity Property Management has been serving Seattle area property investors since 2005.
When you become a client, here’s what you can expect:
For Owners
We provide easy access to online tools that give you insights into many different aspects of your property’s ongoing care and management.
For Residents
We work hard to keep our residents engaged and informed. We utilize a fast and simple to use platform to manage all aspects of the residency.
We're here to help when you're ready
We understand that each investment property is unique and that there are many moving parts when it comes to managing property well. So whether you have residents and are looking for professional management to take over, or are in between residents and want to get the property on the market ASAP, we're ready to step in and take the baton. Our systems are well-oiled and we know exactly what to do.
Take your time. We'll be here.
Where We Provide Property Management Services In The Seattle Area
Since 2005, our team of property management professionals has been serving property investors and homeowners throughout Seattle and King County.
Learn More About Seattle Area Property Management Services
From the rental market analysis to resident acquisition to rent collection and handling maintenance issues, our team of Seattle property management experts does it all.
