CMA Report Virtual Assistant
Hire a VA to Create Your Competitive Market Analysis Reports (CMAs)
A CMA Virtual Assistant is a virtual assistant specially trained to create your Competitive Market Analysis reports or CMAs.
In other words, they’re trained to follow your systems & processes to look up comps and create whatever type of Competitive Market Analysis report that you’ve already been building and have a proven process for in your business.
Therefore, the most important goal of a CMA Assistant is simply to automate & outsource the process of creating these reports so you never need to lift a finger to do it again.
How It Works:
A CMA Virtual Assistant, like all REVAS Virtual Assistants, will always be working process based, not people based.
What this means is that their work will follow a detailed step-by-step Standard Operating Procedure due to the unique nature of researching comparable market information. Looking up recent sales, looking up similar properties currently for sale and other tasks related to creating the CMA report.
We even provide our CMA Virtual Assistants special training on how to analyze comparable properties, how to judge a property by not only it’s audited or county assessor tax reports, but also by any pictures of past listings we can find even including Google street view to get a better idea of whether a property is indeed a perfect comparable or whether it needs to be adjusted for certain features that make it more or less valuable than your target subject property.
The end goal is to have a Virtual Assistant who knows exactly how to create Competitive Market Analysis reports exactly as you like them.
Your VA will prepare comps in the same way that you would do it yourself and they’ll create these reports with as much quality information & perfectly designed formatting as you would do in-house.
The greatest value of having a Virtual Assistant for your CMA reports is that now you don’t need to worry about these reports ever again.
It’s such a simple repetitive process that once you’ve delegated it off your plate, you can completely set it & forget it.
Simply devise whatever process is easiest for you to provide along with the address for which you need the CMA report, & the Virtual Assistant will handle the rest usually within less than a few hours turnaround time.
The biggest downside of hiring a Virtual Assistant for CMA reports is that it will take a little bit of back & forth training to get the Virtual Assistant on the same page as you for how you prefer to choose and select comps.
That’s because every real estate professional all around the country has their own slightly unique approach to getting comparable market information and getting that competitive market analysis ready to go.
So during the setup process, there will be a back & forth between:
- our managers, and
- your Virtual Assistant,
to be sure that they’re creating the CMA report exactly as you like them to be done.
Once that set up curve is completed, from then on, the process is very simple, so if you stick with it and make it past that, there’s practically no downside.
This Depends on how complicated your CMA report looks & also how many CMA reports you’re doing per day.
The more you do per day, the cheaper it will most likely be per report because your Virtual Assistant stays in the groove longer.
Your average CMA report will take an Overseas Virtual Assistant, which is all we ever really use for this type of task, only about 1 – 2 hours per report.
So ultimately you’re looking at a cost as low as $12 – $20 to get a CMA report built for you from scratch where all you need to do is provide the address & the Virtual Assistant will follow the detailed step-by-step Standard Operating Procedure to do the rest.