CMA Property Type Discrepancies Between CRM and RP Data or Pricefinder
When using RP Data or Pricefinder to complete your CMA's, you may come across a situation where the property type shown in your client's CRM is different from the property type shown in RP Data or Pricefinder. This can understandably cause some confusion, but there is a simple solution to this issue.
Always follow your client's CRM
If you notice a discrepancy in the property type, always follow the information listed in your client's CRM. This information is usually sourced directly from the landlord, so it should be the most accurate and up-to-date. The property type listed in RP Data or Pricefinder may not have been updated yet, and using this information could result in incorrect CMA calculations and analysis.
Photos can provide helpful clues
If you are having trouble determining the correct property type based on the information in your client's CRM, take a look at the photos. Often, a house will have noticeable attributes that differ from an apartment building or a townhouse. Use these visual cues to help you make an accurate assessment.
When in doubt, confirm with your property manager
If you are still unsure about the property type or have any other questions, it is always best to reach out to your property manager for confirmation. They know their properties best and can provide you with the correct information.
By following these simple guidelines, you can ensure that your CMA's are accurate and based on the correct property type information. This will help you provide reliable data and analysis to your clients, allowing them to make informed decisions about their listings.