SmartMLS Tax CMA & Client Report

The CMA & Client Report is the second of two comparable tools available in SmartMLS Tax (click here for detailed instructions on the Quick CMA). As is the case with the Quick CMA, the CMA & Client Report is available from both the SmartMLS Tax Property Report and the connectMLS Full Detail report. 

When viewing the Property Report in SmartMLS Tax, go to the top center and click Comparables, then select CMA & Client Report:

This CMA & Client Report provides another interface in which you can create a more detailed CMA report. As soon as the report opens, it will display the property that you were just viewing on the left (as the Subject Property) and any comparable properties on the right:

If, for some reason, you wanted to use a different property as your subject property, you can use the Subject Property Search field in the top left to choose a different subject:

Use the Search Filters along the top of the screen to refine your search for comparable properties:

If you do not have a suitable number of comps, relax the criteria in some of these fields until you have enough properties. If you have too many comps to work with, tighten up some of the search parameters until you have a more manageable number of comps.

Use the View Types icons in the upper right corner to change how the subject property and comparables are displayed on the screen:

Column View , which is the default view when you open the CMA & Client Report, is a side-by-side layout that displays the subject property on the far left with comparable properties on the right.

Map View plots all properties (subject and comps) on a map so you can see where they are in proximity to one another. Additionally, there is a list of all of the properties to the left of the map that displays summary information (price, beds, baths and sqft).

List View displays a smaller map in the center of the screen with a grid of all of the properties underneath.

There is a column on the left side of the screen that shows several different property values for your subject property:

You can even enter your own suggested list price by clicking +Add Suggested Property Value :

There is a very helpful link at the bottom of the column that gives a detailed breakdown of how each of the property value estimates are calculated:

When viewing the comparable properties, there may be an up or down arrow next to some of the property's features:

These arrows let you know how that comparable's features measure up to the subject property. The green up arrow means the comp has more of that particular feature (square footage, for instance) than the subject property. The red down arrow means the subject property has more of that particular feature than the comp.

When in the Column View, you can use the left/right arrows at the bottom of the screen to cycle through all of the comparable properties:

It can be helpful to use the right arrow to move each comp so it is directly to the right of the subject property. This makes it easier to compare the features of the comparable to the subject property and get a better grasp of which properties are good comps and which are outliers that should not be included in the final CMA report.

If you find a comparable that you do not want to include in your report, just click the three dots to the right of the address and click Remove:

The comp will immediately be removed from your CMA.

Once you are satisfied with the comparables, click the Create Report button towards the upper right:

You will then get a list of your current comparable reports, with the current one displaying at the top:

Click the Add Client button to enter the seller's name:

You have several other options from this screen:

1. Edit lets you make changes to the report. You can modify most of the data on the Opening page (cover sheet), as well as change the order of or delete any of the pages within the report. 
    
   
    
2. View allows you to preview your CMA report.
3. Email allows you to email the report. You can send it up to 20 different addresses, as well as attach a note/message and send yourself a blind carbon copy.
4. Download lets you save a PDF copy of the report to your computer. 
   All CMA reports remain active for 6 months, after which they expire. Expires shows you when your CMA will expire.
5. Clicking the X in the Remove column deletes the CMA report completely. This action is irreversible.

Note: if you would like to print your CMA, you must first download it. Once it has been saved to your computer, you will be able to print it out.

There is an auto-save feature built into the CMA that prevents you from losing your work, even if you get up and leave your computer for an extended period of time.

Related articles:

SmartMLS Tax Quick CMA