Question 156

The licensee is primarily attempting to show the owner the anticipated selling price.

In a comparative market analysis, the licensee focuses on determining and presenting the likely selling price of the property based on similar properties in the area. This helps the owner set a realistic expectation for the market value of their property.

A) explain to the owner why the price she wants to ask is too high

While explaining why a proposed asking price may be too high can be a part of the discussion, it is not the primary aim of a comparative market analysis. The analysis itself is more focused on providing data-driven insights into what the property can be expected to sell for in the current market.

B) show the owner what should be done to the property to make it more saleable

This option pertains to advising on property improvements or staging, which is not the main objective of a comparative market analysis. The analysis is centered on pricing rather than on property enhancement strategies.

C) appraise the property's actual value

Although a comparative market analysis may provide insights into the property's value, it is not an official appraisal. Instead, it estimates potential selling prices based on market comparisons rather than assigning a definitive value.

D) show the owner the anticipated selling price

This option accurately reflects the primary purpose of a comparative market analysis. By analyzing comparable properties, the licensee aims to inform the owner of a well-researched anticipated selling price, helping them make informed decisions regarding their property.

Conclusion

The correct answer, D, is definitive as it directly addresses the primary goal of a comparative market analysis, which is to estimate and present the anticipated selling price. The other options fail to capture this main focus, instead touching on secondary aspects that do not align with the core purpose of the analysis.