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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
- Select the listing record from the list.
- 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.
- Scroll through
the list and select any field.
- TMLS displays the current value for that field
at MLS Value and CMA
Value. Change the text in the CMA Value box if required.
- Repeat steps
2 through 4 for all fields to be edited for that listing.
- 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.
- Repeat steps
1 through 6 for each listing requiring changes.
- After you complete all edits and adjustments,
click Next, or Marketing
Plan, to proceed to that page. (See CMA Marketing Plan).
- To view the
full client report for any listing at any time: select the listing record,
then click Show Full Format. Edits are displayed in red, highlighted with
an asterisk (*). Close the listing report window to return
to the Edits and Adjustments page.
- To confirm all changes to a listing, select the
listing and then click on Show List of Edits. TMLS displays all edits
and adjustments in a secondary browser window. If all edits and adjustments
are correct, click Close or to return to the Edits and
Adjustments page. If an edit or adjustment is in error, click on its link
(i.e., the blue highlighted heading) and TMLS returns you to the corresponding
field for that listing. Revise the text in that field.
- To confirm all changes to all listings, you can
click Show List of Edits for All Comps. TMLS displays all edits and adjustments
for each listing in a smaller browser window. If all edits and adjustments
are correct, click Close or to return to the Edits and
Adjustments page. If an edit or adjustment is in error, click on its link
(i.e., the blue highlighted heading) and TMLS returns you to the corresponding
field for that listing. Revise the text in that field.
Related Topics
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Copyright Stratus Data Systems, Inc. 2011
Help for TorontoMLS, v. June 30, 2011