How do I create a Sales Comparison Analysis (CMA)?
The Sales Comparison Analysis is an advanced, detailed analysis similar to what an appraiser would create. You can make precise value adjustments and weight your comps. Our 5-step wizard takes you through each step where you will confirm the property facts, find comps, make adjustments, review your result, and create a Valuation Workbook.
We offer two CMAs, this article is about our Sales Comparison Analysis that is an appraisal style CMA that allows for greater adjustments and the ability to weight your comps. For information about our standard workflow CMA with simple adjustment options, see How do I create a CMA?
Click on the tabs below to see step-by-step instructions.
To access the Sales Comparison Analysis, go to the Property Summary and click the Create CMA button.
You will land on our 5-Step Wizard page where you will review the property facts, find comps, make adjustments, and create a report. Some steps are unclickable until you complete the previous step.
Click the Find Comps button.
Apply Filters and Search
Search using the Map
Add a Known Property
Update Valuation and Close
Click the Update Valuation and Close button when you are finished.
Click the Adjust Comps button.
Locate Comp Weighting at the bottom of the page (beneath each comp column). Click any one of the Edit links to weight all comps.
If you do not want to weight your comps yourself, you can click Auto weight. The system will weight your comps for you taking into consideration the adjustments that you have made.
You can also choose to click Weight Equally to have the system weight all the comps the same.
Review the result of your analysis. Click Edit if you want to edit the result or range (e.g. round up or narrow range). Click the Save button when finished.
Click Create Report button to generate a Valuation Workbook.
Frequently Asked Questions
Click on the links below