Market Comps (CRA)

  1. Go to LEASING on the tree view in the M1 Software
  2. Click on RENTAL ANALYSIS
  3. To create a new CRA, click on NEW (to locate an existing, enter in the name or date of the CRA you are looking for; if you are not sure, click SEARCH and all will appear)
  4. Enter the street name and click SEARCH
  5. Select the PROPERTY from the Comparable Properties drop down and click the ADD button under the subject property and all of the information for this property will populate
  6. Go back up to the original search area and enter in the search criteria that you wish to get the closest comparable as possible
  7. Once the Search has been done, select the PROPERTIES one at time from the Comparable Properties drop down and click the ADD button under the Comparable 1 and then go back to the Comparable Properties drop down and click the 2nd property and click the ADD button under Comparable 2 and so on.

Note: If you wish to change your properties that you’ve chosen as comparables you may do so by choosing from the Comparable Properties drop down and re-click the ADD button under the comparable section and it will change the property out. You have the option to make manual market adjustments, etc. if needed.