Final answer:
A licensee involved in preparing a comparative market analysis acts as a real estate professional, providing clients with insights on property values and market trends to inform their decisions.
Step-by-step explanation:
When preparing a comparative market analysis (CMA), the licensee may act as a real estate professional who compiles and presents information to assist clients, typically sellers or buyers, in making decisions about property value and pricing. This analysis considers various factors such as location, property condition, market trends, and recent sales of similar properties. Licensees use their expertise to ensure the CMA is accurate and reflective of the current market, providing their clients with a valuable tool for real estate transactions.