Cheat Sheet
Dashboard Icons
- Green Camera Icon: Quick CMA Snapshot – SHOW/HIDE Fannie Mae 1004 Market Condition Report for area overview. Click to SHOW, click to HIDE.
- Green Info Icon: View Listing – Opens subject property form.
- Green Edit Icon: Edit Listing Allows you to modify details of subject (your) property.
- Red Arrow Icon: Start Over – Reruns report. CAUTION: this will NOT keep any changes you have made to comp selections. It truly starts over using CMAsnap auto-selection algorithms.
- A new report is when you start from scratch with an address or an MLS number. You will then go through the property form, click create and get a first pass report.
- Use new report if want to
- keep an OLD version of a report for future reference.
- show multiple versions to your client or in negotiations, etc.
- Start over takes an existing report, and reruns it, without needing to enter the address again. Start over allows you to run a number of different scenarios (on the COMPS page), such as changing the map draw area or another filter and want CMAsnap to auto select comps based on those changes.
Comps Icons
- Green Bookmark Icon: Toggle Bookmarks – Select/Deselect comps in the list. They are NOT added into your comp calculation – but they are visibly easier to keep track of when you have a long list of Comps.
- Green Arrows Icon: Refresh Listings – Updates with Active listings and Status Changes – Keeps YOUR comp selections. (if you want CMAsnap to pick new selections go to the DASHBOARD and click START OVER icon)
- Green Camera Icon: Quick CMA Snapshot – SHOW/HIDE Fannie Mae 1004 Market Condition Report for area overview. Click to SHOW, click to HIDE.
- Green CSV Icon: Export to CSV – Download a spreadsheet
- Green Funnel Icon: Toggle Filters – this will show/hide the search filters available for you to customize.
- search radius (adjusts the area for search)
- +/- SQFT – how close in size do you want the comps to be
- +/- Year Built
- +/- Lot Size (you can also turn this filter OFF)
- WHEN – show listings within a certain timeframe (1-12 months)
- Min/Max Price: Only show listings with a specific minimum and/or maximum price for the listing (or what ot closed for)
- Red Dumpster Icon: Clear Selected Comps – deselects all comps. Does not refresh/rerun your report.
- Green 2 box Icon: Select Columns – Customize the order of the columns for easy sorting
A few key points
A few questions have been popping up and
…. we wanted to get these answers out here quickly
…..while we work on updating our user guide to better address these issues.
A/B/T ft2 – Above Grade /Below Grade /Total Living Area Square Feet
You can edit the property form – In the center column, 4th field from the top, locate more ∨ , next to Total Square Feet.
Then review or make any changes to square feet, or finished areas Above and Below grade and see their effect on Total Living Area, (A/B/T ft2).
- As a reminder, grade means street level.
- Square footage algorithms are based on Above Grade Living Area
- Lot size matters and can be expressed in Acres or SQFT. Verify units.
LAND / Empty Lots
Because undeveloped land comes with any number of undefinable variables, such as topography and site location, CMAsnap DOES NOT evaluate vacant lots or raw acreage.
Common Area Pools
Many townhomes and condos have shared community pools. Typically, this is NOT considered a pool on property.
However, it doesn’t hurt to look at other listings in that specific complex and see how they handled it.
Quick Sales Price versus Adjusted Sales Price
The adjusted sales price is based on comps selected for pricing. CMAsnap will apply adjustments based on square footage, bathrooms etc. You can also make customer adjustments yourself to the comps. Watch the tutorial on Mastering Adjustments.
The quick sales price is 95% of the adjusted sales price (or 5% discount) intented to attract traffic to your listing.