Frequently Asked Questions - FAQ

Close This Window

Why register?
Answer

What are credits?
One (1) credit is worth 1 CMA. You can purchase 1 or more credits. We can also give you credits if you desire to pay by check.  Call our office in Arlington (817) at 719-2613 for reduced prices on multiple purchases.

Tell me about My Account Page?
Answer

What is the Subject?
Each CMA needs a subject. It is the house needing a market value.

How do I select comps?
Answer

Why don't I get any comps?
Answer

Too many comps?
What does it mean when I get "Your search results were more than 50, adjust your search criteria"? The number of comps the user may select is limited to 50.

What is the Que?
The Que is your storage container. The Que is created for each user. When comps are selected, they are placed in the Que. The Que can be "flushed" or deleted. The user may add more comps or cull comps in the Que. THE QUE IS THE SOURCE OF ALL REPORTS!

Why adjust the comps?
Each comps MUST be adjusted to look like the Subject. This is the Theory of Substitution used by appraisers. When a sale is adjusted, the sale price is adjusted upward or downward to look like the subject. One must adjust the comp- not the Subject.  For instance, if the subject has a pool and the comp does not, then the sale price of the comp must be increased to look like the subject. If the subject is on land that is inferior to the comp, then the comp's sale price must be reduced. If the Subject was built in 1980 and the comp was built in 1987, then the comp's sale price must be reduced to make it look older and be more like the subject. If the subject has 2000 sf and the comp has 1800 sf, the the sale price of the comp must be increased to look like the subject.

How can I change the comps in the reports?
Answer