{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"E06: What Am I Missing in My CMA Process?","description":"In this episode of the Hey Tiff Show, hosted by seasoned property management expert&amp;nbsp;Tiffany Bowtell, we delve into the essential tool that every successful property manager needs to master: the Comparative Market Analysis (CMA). Learn how a well-crafted CMA is not just about numbers; it's about providing valuable insights and building trust with your clients.  What exactly is a CMA? Understand the core purpose of a CMA and how it determines a property's market value by comparing it to similar properties in the area. Step-by-step CMA creation: Follow a clear, actionable process to build your CMAs from the ground up. Gathering essential property details: Learn what information is crucial to collect for an accurate comparison, including property address, bedrooms, bathrooms, square footage, and recent upgrades. Identifying comparable properties: Discover the criteria for selecting truly comparable properties, focusing on size, location, condition, and recent sales history (within the last 3-6 months). Utilising reliable data sources: Find out the best resources for real estate data, including databases and local listings, to ensure your CMA is based on solid information. Analysing market trends and pricing metrics: Learn how to evaluate current market conditions and calculate key metrics like price per square metre to refine valuations. Creating a professional CMA report: Understand how to compile your findings into a clear, professional report using visual aids like tables and charts for easy understanding.  A strong CMA is more than just a report; it's a foundation for strategic decision-making in property management. By mastering the CMA, you can confidently navigate the market, optimise your operations, and achieve outstanding success. For a more detailed guide and a full example of a CMA, visit the Property Management Virtual Assistant (PMVA) blog. ","author_name":"#HEYTIFF Show: Real Estate Outsourcing Tips by Tiffany Bowtell","author_url":"https:\/\/www.pmva.com.au\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/35251295\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/35251295"}