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How are square footage adjustments calculated?
We calculate square footage adjustments by taking the difference in square footage between the subject property and the comparables (comps), multiplying that by the average price per square foot of the selected comps, and then applying a 30% adjustment factor. This methodology ensures consistency and accuracy across your reports
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General Info
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Reports
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- Is CMAsnap good for identifying property similarities and differences?
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- Can I add a property that did not sell in the MLS?
- Can I change the search radius?
- Can I search by subdivision?
- Can I use CMAsnap to adjust for unique neighborhood factors, like homes next to a golf community?
- How do I add/remove columns in my comp selection table?
- How do I run a rental CMA in CMAsnap?
- How do I share a report?
- Nothing happens when I click "New Report."
- The location of my property is not correct, what do I do?
- When I click the email button, nothing is happening, or it tries to open some other email app?
- Why is my report looking at rentals or leases?
- Can I add my own comps?
- How can I remove a comp?
- How do I change a comp?
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Comps and Adjustments
- How do I handle concessions (sales and/or financing) in CMAsnap?
- CMA Mastery Series - Videos
- How do I account for concessions (sales or financing) in CMAsnap?
- How do I adjust for basement square footage?
- How should I adjust for third-floor attic space?
- How do I input adjustments for upgrades?
- Can I use CMAsnap to adjust for unique neighborhood factors, like homes next to a golf community?
- How are square footage adjustments calculated?
- Can I substitute manual adjustments instead of using system-generated adjustments?
- How is the adjusted sales price calculated?
- Can I add a property that did not sell in the MLS?
- Does CMAsnap include off-market closed sales and FSBO data?
- Can I add my own comps?
- How can I remove a comp?
- How do I change a comp?
- The location of my property is not correct, what do I do?
- Comps and Adjustments - FAQ
- Show Remaining Articles (2) Collapse Articles
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- Can I add my own comps?
- Can I substitute manual adjustments instead of using system-generated adjustments?
- Can I use CMAsnap to adjust for unique neighborhood factors, like homes next to a golf community?
- Does CMAsnap include off-market closed sales and FSBO data?
- How are square footage adjustments calculated?
- How can I remove a comp?
- How do I account for concessions (sales or financing) in CMAsnap?
- How do I add/remove columns in my comp selection table?
- How do I adjust for basement square footage?
- How do I change a comp?
- How do I input adjustments for upgrades?
- How is the adjusted sales price calculated?
- How should I adjust for third-floor attic space?
- The location of my property is not correct, what do I do?
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