The following are unverified archived values that used to be CMA adjustment values in the MLS over 20 years ago. These adjustments are for reference purposes only to show you how you can create adjustments for properties you are pricing. The MLS discourages the use of these adjustment values for any CMA report you create.

Why Doesn’t the MLS Have One Standard Set of Adjustment Values for CMAs?

Over the past 20 years, UtahRealEstate.com has grown to become a statewide MLS whose ~20,000 membership base now spans the entire state of Utah (as well as parts of Idaho). There is no one set of adjustment values that applies to all properties in the state of Utah, as adjustment values vary widely depending on various factors, such as the location of the property, the condition of the property, the real estate market, etc.

Determining Which Adjustment Factors and Values to Use

When you are determining which specific CMA adjustment factors (beds, baths, acres, etc.) to include in a CMA, as well as the dollar amount you want to assign to those adjustment factors (i.e. the “adjustment values”), it’s important to ensure your factors and values take in to account the specific property you are pricing.

We recommend creating a custom CMA adjustment template if you regularly represent buyers and sellers in a specific market, as this is a helpful way to quickly create a CMA when you are listing or representing a buyer in that specific market. You can create multiple custom CMA adjustment templates, and tailor the set of adjustment factors and values for each market in which you conduct business.

Please keep in mind that when you prepare opinions of real property value or price, such as when you create a CMA report, Section 11-1 of the REALTOR Code of Ethics requires you to:

1. be knowledgeable about the type of property being valued,
2. have access to the information and resources necessary to formulate an accurate opinion, and
3. be familiar with the area where the subject property is located.

For these reasons, if you do not know which specific adjustment factors or values to apply to a specific property for which you are creating a CMA, we recommend you consult with your broker, a local appraiser, or seek education through your local REALTOR Association/Board or the National Association of REALTORS (NAR) prior to attempting to creating a CMA for that specific property.