Hey everyone! While my company does offer a CMA Analysis, can any of you recommend something that I could use. Maybe excel based? Ed

Asked by Ed Hodkinson, Levittown, NY Sat May 21, 2011

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13
John Staplet…, Agent, Cedar Park, TX
Sat May 21, 2011
No software can compete with walking through the comps like a buyer.
1 vote
Annette Law…, Agent, Palm Harbor, FL
Mon Feb 6, 2012
Ed, interesting question.
Very often, as professionals who have been in the business a long time, we become bored with the tools we use. We want something new. Meanwhile, we have lost track that these tools are still new to the ones we present them too. Don't abandon a tool that is working?

Yes, I heard that thought, all the other agents are presenting a very similar product and you have lost delineation.
Besides that characteristic, what are the other deficiencies you see in your current product?

Having gone through this exact exercise, I created my own Excel titled LPA. Not only do I display three independent analysis, but also display for them to see, that they will likely make EXACTLY the same mistake other unsuccessful seller have made...and on one page! Again, this was the product of need, not boredom.

What problem are you trying to solve?

Annette
0 votes
Betina Forem…, Agent, Austin, TX
Sun Feb 5, 2012
Dear Ed,
There is nothing like feet on the street to know whats happening in your neighborhood. I always take sellers to see a few of the homes for sale in their neighborhood so they can actually see who they are competing against. If you were actually in Austin you could use the software on MLXchange. There is a program that makes it fairly simple.
Sincerely,
Betina
0 votes
Marla McWill…, Agent, Coeur d Alene, ID
Sun Feb 5, 2012
Thumbs up to John Stapleton! Absolutely!!

Often, I don't even give an actual price, letting the Seller make their own decision on the price based on a price range of current SOLDS in the area.

Nothing better than walking through each comp with the client, as a buyer comparing each home to theirs! Afterall, that is their competition and what WILL be happening in the 'real world'!!

Good Luck Ed!!
Web Reference:  http://idahoidahoidaho.com
0 votes
Betina Forem…, Agent, Austin, TX
Sun Feb 5, 2012
Often the local Board will have software built into the MLS that does a CMA Report. Otherwise I think Mack McCoys second answer is best. Good luck.
0 votes
., , Austin, TX
Mon May 23, 2011
Dear Ed:

Wyldfyre is what you are looking for. It's awesome and you can copy the records and manipulate the data into Excel. I have the basic program, but for $35(?) or so extra a month you can get Wyldfyre's CMA program too.

Good luck,

Mary Strickler
Realtor GRI
Prudential - Austin
0 votes
, ,
Sun May 22, 2011
I use what the local MLS offers, and excel, and photos and my own words and presentation style. I do think that just emailing something to someone won't let you get the feedback that you need from the recipient.
0 votes
Mack McCoy, Agent, Seattle, WA
Sun May 22, 2011
It seems as if you are a data-driven person, Ed, at least that was I thought when you mentioned Excel. In my CMAs, I like to have a combination of text, data, and pictures, because you never quite know what your audience is going to be interested in.

All the best,
0 votes
Ed Hodkinson, Agent, Levittown, NY
Sun May 22, 2011
Thanks everyone for the input. I've been doing traditional CMA's for a while so that was never the question. I like to ask questions like this out here because you never know if you can pick up a new tip.
0 votes
Dan Seeds, Agent, Cedar Park, TX
Sun May 22, 2011
Maybe you should consider going to work for a larger RE Company tha twill provide you some training so you will be able to service buyer and sellers like they should be!
0 votes
Gina Nyland, Agent, Austin, TX
Sun May 22, 2011
Have you looked into the reports available through your board's MLS?
0 votes
Mack McCoy, Agent, Seattle, WA
Sat May 21, 2011
I don't know, Ed, maybe you should hire a designer to help you develop your own presentation.
0 votes
Doug Vogelsa…, Agent, Austin, TX
Sat May 21, 2011
Top Producer has some decent tools. But John has the best advice.

Doug Vogelsass
Agents For Change Real Estate
9600 Escarpment Blvd :: Suite 745-75 :: Austin, TX :: 78749
Sponsoring broker :: David Komie, Attorney-at-Law (License# 584762).
0 votes
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