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COMPARATIVE MARKET ANALYSIS REPORT

how to run a full COMPARATIVE MARKET ANALYSIS REPORT

For a CMA Report, either follow the below instructions, follow the PDF guide or view this video!

  1. Either run a “Quick Search” for homes that would be comparable, or find a previous collection you have made in “Saved Searches”

  2. View the search or saved listings in the “List” form

  3. Select which listings you would like in your Comparative Market Analysis

    • Selecting the top box will select all the boxes below

  4. When desired listings are selected, click “CMA”

  5. A window will pop up… Click “Use Selected”

  6. Select the type of CMA you would like to run

    • Your options are “Full CMA”, “Quick CMA” and “Statistical CMA”

  7. Click “Next Step”

  8. Fill out the Title, Recipient (For) and any comments that apply

    • It will auto fill with today’s date.

  9. Click “Next Step”

  10. You may manually fill out the fields or click “Auto-Populate Fields from Existing Listing”

  11. A window will pop up… Type the listing number of your the listing you would like to use

  12. Click “Submit”

  13. Select the specs you would like to compare by clicking the boxes

  14. Review and/or correct comparative fields

  15. When done, click “Next Step”

  16. Review your listings selected

    PRO TIP: This page, you may rearrange priority, unselect listings and for more “Add Comparables”

  17. Click “Next Step”

  18. Review your comparables selected if needed

    • If you plan to make adjustments, please watch starting at 3:33 minutes on this How To Run A CMA video

  19. Click “Next Step”

  20. You are able to see a preview of the Analysis

  21. Click the “Recommendation” tab to continue

  22. Review the Price Recommendation

  23. Click “Next Step”

  24. Review the Display Options

  25. Select your desired method of export

 

STATISTICal cma

  1. Either run a “Quick Search” for homes that would be comparable, or find a previous collection you have made in “Saved Searches”

  2. View the search or saved listings in the “List” form

  3. Select which listings you would like in your Comparative Market Analysis

    • Selecting the top box will select all the boxes below

  4. When desired listings are selected, click “CMA”

  5. A window will pop up… Click “Use Selected”

  6. Choose “Statistical CMA”

  7. Click “Next Step”

  8. Make sure to click “Fannie Mae 1004MC”

  9. Click “View CMA”

  10. You will now get to see the full

  11. Statistical Market Analysis.

    You may print or save this analysis

  12. For more information on how to interpret the analysis, watch the Statistical CMA video at 1:27 minutes

 

STATISTICs

Quick View Report

  1. On the menu, under “Statistics” you will click “My Production”

  2. The “Quick View” summary will show 

  • This will give you a statistical report of your year to date statistics

  • TIP: You may print these reports at any time. 

Member Year to Date Report

  1. Change your report using the drop-down menu (next to title “My Production Report”)

  • The “Member YTD Report” report will give you a comparative example, comparing to the MLS and your office

Market Summary Report

  1. For a market summary report, on the menu, under  “Statistics” you will click “Market Summary”

  2. For more specifics, click “Customize”

  3. Under “Customize”, you may choose “New Location”

  4. Fill out the field to specify and narrow your results

  5. Lastly, you may customize your graph options shown by clicking the wrench tool next to the graph

You may E-Mail or Print your final summary