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CMA Edits and Adjustments

Once you choose the comparables for your CMA, TorontoMLS gives you the opportunity to revise these listings to reflect the most recent and accurate information.

The Edits and Adjustments page displays each comparable in a single line record. You can view the full client report at any time to review the listing and confirm your changes.

The first column of the listing record contains the status code (A is Available, SLD is Sold, and EXP is Expired). The number of listings, by type, is indicated below the table.

Use the edit function to change information you know to be different from that on the current listing report. TorontoMLS displays values you have edited on the CMA listing report in red, with an asterisk (*). Changes are also flagged in the side-by-side listing comparison, listing reports, and the comparable summary report in the CMA document.

Use the adjustment function to equalize list price comparisons between the subject property and another listing. Adjustments are not displayed in the listing report, as edits are, but are included in the side-by-side comparison.

NOTE: Edits and adjustments are only reflected in the CMA presentation, not in the actual MLS listing.

Using Edits and Adjustments

To Edit and/or Adjust Listings

  1. Select the listing record from the list.
  2. To Edit any field in the listing report: at Select the item you wish to edit, click on the drop-down arrow to display the choices.
  3. Scroll through the list and select any field.
  4. TMLS displays the current value for that field at MLS Value and CMA Value. Change the text in the CMA Value box if required.
  5. Repeat steps 2 through 4 for all fields to be edited for that listing.
  6. If the listing price requires adjustment: at Enter the TOTAL Adjustment for this Property, click on Add or Subtract. Then enter the dollar amount of the adjustment to the list price (do not include a dollar sign or comma). At Enter the Reason/Description for this Adjustment, provide an explanation for the adjustment.
  7. Repeat steps 1 through 6 for each listing requiring changes.
  8. After you complete all edits and adjustments, click Next, or Marketing Plan, to proceed to that page. (See CMA Marketing Plan).

Reviewing Edits and/or Adjustments

 

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