Paragon Connect Report Highlight: CMA Summary

Did you know within Paragon Connect you can access a simple CMA Summary report?

A great tool to utilize for any potential clients to get the conversation started.

To start you'll need to get some comparable results to the potential subject property by utilizing a criteria search.

Inside of Paragon Connect navigate to the Main Menu and click/tap Properties:

On this screen you will choose the appropriate class for your subject property:

You'll then find yourself within the criteria search screen. Fill out information that is going to target comparables for your subject property. Below are a few tips:

• Utilize Active, Pending, and Sold status to give a broad full picture for comparables.

• Make sure to set the Closing Date so your results are not too great. 6-12 months back is the most common .

• Utilize your location buckets to keep the search more accurate: County (Large) -> City (Medium) -> Subdivision (Small, but won't give full picture as subdivision is not a required field).

• Although it won't give you all potential comparables you can also utilize School Districts as location buckets: High School (Large) -> Middle School (Medium) -> Elementary School (Small)

• When searching Total Square Footage use a range of 5-10%. I.E. if the subject property is 1,150 a range of 1,035 - 1,265 would be an exact 10%. It is up to you if you'd like to utilize rounding or be exact in this range.

Example Search:

After clicking/tapping "Search" you'll see the results.

On this screen in the top right corner is a views button that allows you to access different views/reports. Click/tap this button and then choose "CMA Summary" to open your CMA Summary report:

This report gives you a breakdown by status of your comparables as well as the minimum, average, maximum, and median of these property characteristics:

Active

Bed

Total Baths

Square Footage

Days on Market

List Price

List Price Per Square Foot

Pending

Bed

Total Baths

Square Footage

Days on Market

List Price

List Price Per Square Foot

Sold

Bed

Total Baths

Square Footage

Days on Market

List Price

List Price Per Square Foot

Sold Price

Sold Price Per Square Foot

Clicking/Tapping the PDF icon in the top right will open a dialog box allowing you to title your report and then generate a PDF file for you to download or print.