MLS Deal Finder
How to run comps
Come to Our Classes!
www.MLSDealFinder.com/Events Or
Find our classes on EventBrite
MLS Deal Finder
How to run comps
• CMAs • Automated Valuation • First to Find Deals
✓ CMAs • Automated Valuation
• First to Find Deals
What is a CMA?
Comparative Market Analysis
• Subject Property
• Universe
• Comparables (Comps)
• Market Value
• After Repair Value (ARV)
• Fair Market Value (FMV)
• Repair Budget
•Profit = ARV - Purchase Price - Rehab Cost - Misc Costs
Important Parameters
• Distance
• Year Built
• Square Footage
• Subdivision
• Bed/Bath, Garage, Pool, etc.
• Sold Price
• Sold Date
1. Create Universe A. Use similar homes nearby
B. Utilize important parameters: Distance, square footage, year built, Sold Date, etc.
2. Select Comparables A. Utilize important parameters
B. Location
C. Condition
Utilize Technology
Google Maps
Street View
Each CMA requires
~20 minutes
Every CMA is different.
Why?
• Geographic Area
• Geographic Location
• Size and Age
• Recency of Comps
Each CMA requires
~20 minutes
Real Estate Agents are Experts in CMAs
Always
✓ Walk the house
✓ See the neighborhood
Repair Budget • Partner with experienced person
• Learn it yourself
Technology = Competitive Edge
Promo Code “DealFinder”
20% off first month
www.MLSDealFinder.com
www.FastCMA.co
Investment Classes:
Promo Code
“DealFinder” - 10% OFF
your next class
www.mlsdealfinder.com/events