How To: Advanced CMA
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- Julie Payne
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1 How To: Advanced CMA After you have Started a CMA and you are on the search results page, then you can continue the steps below to creating your Advanced CMA within Matrix. 1. From your search results page, you will check the box to the left of the listings you will like to include, and then click the CMA button at the bottom. 2. When the Matrix Advance CMA opens on the Start tab; you can choose to Create a New Contact or select from your Contact List. If you choose not to do either one, we suggest you type a Description so you can quickly identify your CMA for future use. TIP: You will notice a toolbar at the top; this will guide you through creating your CMA from beginning to end. 3. The next step will be to click on the tab at the top that says Pages, and then select from the Available Pages on the left. When you click on the available pages you want, you will see them appear on the right side under Selected Pages. If you 1
2 choose to remove any pages, highlight the item and then click on the red X icon to the right. Side Tip: Click on the Set as Default link at the bottom to set the pages you selected as your default. 4. Next go to the Subject tab and choose one of the 3 options to enter your Subject Property information. The 3 options are: Type in the Subject Property fields manually Enter a Residential Property MLS Number to auto-fill from Search for a Residential Property listing to auto-fill from 5. The next tab at the top is for the Cover page. Here you can enter your clients Contact Information as well as your Agent Information. You can even upload a Subject Photo for your cover page, and your Agent Photo or Broker Logo by clicking on the Browse button. Side Tip: Click on the Set as Default link at the top right by the agent information to set the info as your default. 2
3 6. On the Comparables tab you will see the listings that you initially selected before clicking on CMA. If you need to you can Remove Listings that you decide you do not want to use, Search for Additional Comparables to add, or Add Comparables from a Cart. 3
4 7. The Adjustments tab allows you to make adjustments if needed. You can stay in the current view which is the Single Line Mode and then click on the arrows to view the fields and make adjustments. Or you can go to the Detail Mode and click on the Next and Previous buttons to view the adjusting properties and also to make your adjustment. 4
5 8. The Pricing tab will show you the Summary of the Comparables Price with the Low, Median, Average and High. You will also see a suggested price under the Additional Analysis. You can copy or type this price under the Suggested List Price, or just type your own. Please keep in mind, if the suggested price is not within 20% (greater or lesser) of the median adjusted price of the comparable, based on the average price per square foot of the comparable X's the square footage of the subject, it will not display. 9. Finally, on the Finish tab you will have the option to View the CMA and/or the CMA. You will also see an overview of the pages that you have selected, and the count of comparable properties that are being used. 5
6 Tip: If you view the CMA and decide you do not want to use a page that was selected, you can close the report and return to the Pages tab and unselect those you would like to remove. If you would like to save your CMA even though the Matrix system auto saves the work for you, you can click on the Disk icon. If you would like to delete your CMA, click on the red circle with the X in it. If you need to find your CMA after you have saved it, please go to My Matrix> CMA s. Note: Please remember there are different variations of searching for comparables. Please consult your broker if there are specifics they prefer to go by. In this example, price and square footage is what we are aiming for. 6
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