How to use this tool
A CMA is only as good as the comps it's built on — and the quality of the narrative that connects the data to a recommendation. This tool handles the analysis and the writing. You provide the subject property details and the raw comparable sales data; the tool produces the price range, strategy, and a client-facing summary paragraph you can paste directly into a presentation or report.
Step-by-step
- Enter the subject property — type, location, size, beds/baths, and condition. Condition is particularly important: a “needs work” property should be positioned differently than a “new” one even if the size matches a comp.
- Paste your comparable sales — one per line, with as much detail as you have: size, location, sale date, price, notable features. The more specific you are, the more defensible the analysis. Three comps minimum; five is ideal.
- Select the purpose — Listing presentation (advising a seller), Buyer advisory (helping a buyer assess fair value), or Price justification (defending an existing price to a skeptical client). The same comps generate different analyses and talking points depending on who needs to be persuaded of what.
- Use the summary narrative — the bordered paragraph at the bottom of the output is designed to be copied verbatim into a client-facing document. It includes the price range, the comp basis, positioning, and a recommended next step.
Formatting comparable sales for best results
The tool reads whatever format you paste — but the more structured, the better the analysis. For each comp, try to include:
- Property type and configuration (3BHK, 2 bath)
- Size in sqft or sqm
- Sub-location or street (not just city)
- Sale date (month and year is sufficient)
- Sale price
- Any notable feature differences (amenities, floor, view, condition)
Example: “3BHK, 1950 sqft, Gachibowli, sold Nov 2024 – ₹2.65 Cr, pool, good condition”. This gives the tool enough to calculate a per-sqft price, adjust for amenities, and compare meaningfully to the subject property.
Understanding the pricing strategy output
The tool recommends one of three strategies based on the comp analysis and purpose:
- Price aggressively (3–5% below comp midpoint): best when the seller has a hard deadline, the market is slow, or the property has a specific weakness relative to comps. Creates urgency and competition.
- Price at market (comp midpoint ±2%): the standard recommendation when comps are clear and consistent, and the seller has a reasonable timeline. Maximises eventual sale price without the risk of stale listing syndrome.
- Price at premium (3–8% above comp midpoint): justified only when the subject property is materially superior to the comps — newer construction, higher floor, better amenities, prime sub-location. Requires strong evidence to defend to a buyer's agent.
How this compares to generic AI tools
Generic AI assistants can produce real estate copy, but you have to know how to prompt them. Our tools have that prompt engineering built in.
| Feature | Generic AI Tools | EstateAITools |
|---|---|---|
| Industry-specific prompts | Generic | Real estate calibrated |
| Output format | Variable | MLS-ready / structured |
| Currency support | Manual | INR, USD, GBP, AED, AUD |
| Audience calibration | Manual | Built-in |
| Signup required | Often yes | Never |
| Cost | Subscription | Free |
Related tools
Tools that pair naturally with this one for an end-to-end workflow.
Common questions
Can I use this without having actual sale prices — just listing prices?
You can, but note it in your comps text ("currently listed, not sold"). Listing prices are asking prices — they represent what sellers want, not what the market has confirmed. A CMA based on sold comparables is significantly more defensible. If your market has limited sold data, include the listing prices and the tool will note the distinction in the analysis.
How many comps do I need for a reliable analysis?
Three is the minimum; five is the standard. With fewer than three comps, the price range will be wider and less defensible — the tool will note this explicitly in the output. If you genuinely can't find three comparable sales (thin market, unusual property type), widen the geographic search radius or extend the time window and note the adjustment.
Is the price range the tool produces an appraisal?
No — it is an AI-assisted CMA summary, not a certified appraisal. Certified appraisals are conducted by licensed valuers and carry legal weight for mortgage purposes. A CMA is an agent's professional opinion of market value, intended to guide pricing decisions. This tool helps you produce that opinion faster and communicate it more clearly — but the professional judgement is yours.
Why does the tool sometimes give a wide price range?
A wide range usually means one of three things: the comps themselves are spread (some sold significantly higher or lower than the cluster), the subject property has features that are hard to calibrate against available comps, or there are fewer than three comps to work from. The tool will note which is the case. A wide range is honest; a false precision with a narrow range built on thin data is worse.
Can the summary narrative go directly into a client presentation?
Yes — it is written for that purpose. It references the comps, includes the price range, positions the subject property, and ends with a recommended next step. Copy it into your CMA template, add your branding, and it's client-ready. You may want to adjust the agent name and contact details if the tool hasn't inferred them from your context.
Is there a usage limit?
We apply fair-use limits per visitor to keep the service fast and reliable for everyone. Normal daily use never hits these limits. If you have high-volume needs, reach out for custom solutions.