Simplify your CMAs, save hours, and impress clients with data-driven pricing in minutes.
Busy Realtor? It’s Time to Let AI Handle Your Home Evaluations.
If you’ve ever spent hours pulling comps, analyzing pricing trends, and formatting a CMA before a listing appointment, you’re not alone.
The Comparative Market Analysis (CMA) is a realtor’s bread and butter, but it’s also one of the most time-consuming parts of the job.
Today, AI tools like ChatGPT can generate a professional, data-backed home evaluation in minutes, giving you the confidence (and time) to focus on clients instead of spreadsheets.
Let’s break down exactly how to use AI for CMAs — from the prompts you need to the data that makes it accurate.
1. Gather Key Property Details
Creating a CMA manually can take two to four hours. AI changes that. With the right prompt, ChatGPT can pull comparable data, calculate an ideal pricing strategy, and format a polished report — in about three minutes.
You can even tailor your CMA based on your client’s goals:
• Top dollar: Suggests a premium listing price backed by data.
• Fast sale: Generates a competitive price for a quick close.
• Bidding war: Identifies an underpricing sweet spot for multiple offers.
Early adopters of AI are already saving hours per listing and walking into appointments with what feels like the largest brain on the planet behind them.
2. Generate Your First CMA with ChatGPT
AI’s accuracy depends on what you feed it. The more details you provide, the sharper your CMA.
Here’s the baseline data to include in your prompt:
1. Property address and type (e.g., single-family, condo, land)
2. Square footage, beds, baths, and lot size
3. Year built and any recent upgrades
4. Current condition (e.g., 9/10 move-in ready or needs TLC)
5. Neighborhood or area name
6. Seller goals (top dollar, fast sale, etc.)
If you provide rich property details, ChatGPT can cross-reference local market data (Zillow, Redfin, Realtor.com, and public MLS feeds where available) to produce a surprisingly accurate evaluation.
3. Add MLS Data for Hyper-Local Accuracy
Here’s the catch: AI can only access public data. That means it doesn’t always know the exact sale prices in non-disclosure states like Texas.
That’s where your MLS superpower comes in. Use ChatGPT to generate an initial AI report, then pull 180 days of closed MLS data and feed it back into the AI.
The result? A CMA that blends AI efficiency with Realtor precision. This hybrid process gives your sellers realistic expectations and positions you as the local expert with cutting-edge tools.
4. Format a Professional Report in Seconds
Here’s how to do it:
Prompt 1: Data Collection + Pricing Strategy
"Act as a real estate data analyst. Using recent sales and active listings, create a comparative market analysis for [property address] in [city]. Assume we need to sell in under 30 days. Suggest a list price and explain the pricing strategy."
Prompt 2: Client-Ready Formatting
“Reformat this data into a clean, client-facing CMA report with key takeaways, pricing recommendations, and visuals. Include a ‘Next Steps’ section and a short summary I can use in my listing presentation.”
Going Pro: Deep Research and Local Customization
For advanced users, ChatGPT Plus or Pro can supercharge your CMA creation. These versions allow deep research, pulling from multiple data sources while asking clarifying questions like:
“Is the property recently renovated?”
“Is this area known for bidding wars?”
This results in a CMA that includes neighborhood-specific insights like:
“Homes on Addison have been selling in the $640–$680 range with an average 18 days on market.”
You can even ask the AI to:
• Generate a follow-up email to the client
• Write a script for your listing presentation
• Create a one-line text summary to share with your assistant
5. Make It Visual and Branded
Ask ChatGPT (or another AI design tool like Canva Magic Write or Gamma.app) to format your CMA into a PDF-ready report.
You can even include:
• A branded cover page with your logo
• A “Next Steps” section outlining your marketing plan
• A custom summary for your follow-up email
• Clients love visuals. AI helps you deliver them effortlessly.
6. Review with Your Expert Eye
AI can get you 95% of the way to the right price. The final 5% is all you.
Your experience and local insight — what makes one side of a street more desirable, how schools affect pricing, or why one listing failed to sell — can’t be replaced.
Use AI for what it’s best at: speed, structure, and storytelling.
Then add your professional judgment to make it perfect.
Final Thoughts
Home evaluations aren’t going away; they’re just getting smarter.
With AI, you can prepare polished, data-backed CMAs in minutes, impress clients with personalized insights, and walk into every listing appointment with more confidence (and less coffee).
The future of real estate isn’t replacing you. It’s amplifying you.
If you're serious about using AI to grow your real estate business, stay in the loop.
Reserve your spot for the next Real Estate AI session with hosts, Joe Turco & Kirby Chan.
Join our list
✱ Get access to our guides, exclusive content & automation secrets 🤫