Learn how to use Privy’s LiveCMA™ (Comparative Market Analysis) tool to access real-time, accurate data about comparable properties. This powerful feature helps you analyze deals, identify investment opportunities, and make informed decisions.
Step-by-Step Guide to Using LiveCMA™
Access LiveCMA™ on a Property Card
Navigate to a specific property card in Privy.
Click on the LiveCMA™ tab to open the comparative market analysis tool.
Review Comparable Properties
View a list of similar properties, categorized by their statuses:
Active Listings
Pending Sales
Sold Properties
Analyze property details such as square footage, price per square foot, and sale history to validate the deal.
Filter and Adjust Comparable Criteria
Use the Settings tab to customize your comparable property search:
Adjust the search radius to focus on specific neighborhoods.
Modify timeframes for sold properties to ensure relevancy.
Apply additional filters like lot size, number of bedrooms, or property type.
Evaluate Key Metrics
Compare key data points, such as:
After Repair Value (ARV): Estimate the property’s potential value post-renovation.
Price Trends: Understand how the property compares to others in the area.
Save and Export Reports
Save your LiveCMA™ analysis for future reference.
Export detailed reports to share with clients, partners, or investors.
Why Use LiveCMA™ (Comparative Market Analysis)?
Real-Time Data: Access the latest MLS and public record data for accurate deal validation.
Customizable Filters: Adjust criteria to find the most relevant comparable properties.
Data-Driven Insights: Gain a deeper understanding of market trends and property potential.
Streamlined Analysis: Quickly analyze deals without manual data collection.