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About the CMA

The Comparative Market Analysis (CMA) is one of the most valuable tools available to real estate salespersons. By offering prospective sellers a comprehensive analysis of market activity for comparable homes, you provide them with the information they need to understand and feel comfortable with a pricing strategy and with you as their salesperson.

TorontoMLS streamlines the process of generating the CMA report and provides a professional looking document for presentation to the client.

TorontoMLS recognizes that you are a vital component in creating the CMA and offers you the opportunity to choose comparables. You can:

TorontoMLS allows you to make edits and adjustments to listings, as required, for inclusion in the report.

The TorontoMLS CMA can be crafted with or without a subject property, making it useful for a variety of presentation needs. You can include a marketing plan in your presentation.

You can save a partial or complete CMA for reference, or to be revised and recreated in the future. You can print the CMA presentation, specifying the components you want included in the document.

Using General CMA Features

To Build a CMA

NOTE: To save the CMA at any point, click “Save CMA”, available at the top and bottom of each page.

  1. Select the CMA tab at the top of any TMLS page.
  2. To create a new CMA: At CMA Options, click Create a New CMA. At CMA Name enter the name you want to assign this CMA. At Select a Class, click Freehold, Condo, or Commercial. Click Create.

    To use an existing CMA: At CMA Options, click Use Existing CMA. Select the CMA you want to use from the list. Click Continue.

  3. TMLS displays the Client Information page. This is the first of many data entry pages for the CMA.
  4. Enter data on the Client Information page (see CMA Client Information), then navigate through the CMA by either clicking the page buttons at the top, or the Next or Prev(ious) buttons at the bottom, of each page. Follow the order that the pages are listed at the top of the CMA (i.e., Client Information, Subject Property, Salesperson Info, etc.). See Help topics for each CMA page.
  5. At the final CMA page, Presentation Contents, specify the components you want to include in your presentation. You can save and print the CMA. (See CMA Presentation Contents).

To Delete a CMA

  1. Select the CMA tab at the top of any TMLS page.
  2. At CMA Options, click Delete CMA.
  3. Select the report you want to delete.
  4. Click Delete.
  5. At the confirmation prompt, click OK.
  6. At the confirmation message, click OK.

Tip: At the CMA list box, CMA names are listed alphabetically. You can click on any underlined heading to sort CMAs by that type (e.g., click on Created to sort by date of creation). Click on that heading a second time to reverse the order of the sort.

Related Topics

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Copyright Stratus Data Systems, Inc. 2011
Help for TorontoMLS, v. June 30, 2011