What is the term for a real estate broker's comparative market analysis for a property?

The term for a real estate broker's comparative market analysis for a property is "Valuation Service." This process involves the assessment of a property’s value based on various factors, including recent sales of comparable properties, current market conditions, and the specific characteristics of the subject property. Such analyses help real estate brokers provide clients with informed estimates of what a property is worth in the current market, assisting them in pricing the property for sale or determining an appropriate offer for a property they wish to purchase.

In this context, "Valuation Service" encompasses the comprehensive analysis needed to derive a property’s market value, which is crucial for both buyers and sellers in real estate transactions. It’s an essential tool in the real estate industry, aligning with the professional responsibilities of brokers to provide accurate assessments to their clients.

While the other options may relate to real estate in some manner, they do not specifically refer to the comparative market analysis performed by a real estate broker. "Market Research" is broader and may involve various market trends and data analysis beyond just property value. "Property Appraisal" usually refers to a more formal process conducted by a licensed appraiser rather than a broker's informal market analysis. "Investment Analysis" focuses more on evaluating potential returns on property investments