Standalone Commercial Appraisal Software
for Real Estate Professionals
The COMPLETE Software Solution
Learn More About Commercial Complete
Comparison Analysis Functionality
This will change the way that you analyze a property
Client Reactions: "Amazing", "Outrageous", "Brilliant",
"Really, Really Cool"
6 Unique Groups of Comparables for Each Subject (CC Pro Only)
Percentage, Dollar, or Qualitative Adjustments
Adjust by Sale Price, Cash Equiv.Price, Listing Price, Assessed Value
Improved Sales Comparison Analysis
Land Sales Comparison Analysis
Rent Comparison Analysis
More than 1,000 Possible Comparison Grid Combinations
Interactive - All Options on ONE Screen
Powerful new comparison analysis capabilities were added to Commercial
Complete in March of 2011. Six groups of comparables can now be associated
with each Subject property and each Comparables Group can include up to
nine comparables. By default these Comparables Groups are referred to as:
These Comparables Groups are catagorized by default as shown above, but
each group's name and purpose can be changed to suit the needs related
to any particular analysis. For example, for one analysis you may need
Sales comps, Land Comps and Rent comps. For another analysis, you may need
two sets of Sales comparables, a set of Land comparables, and two sets
of Rent comparables. All of these combinations, and many more, are possible.
Grids, Grids, Grids To Use Grids or Not to Use Grids - That is the Question
We have spoken to many appraisers over the years about comparison grids.
A good many of these appraisers avoid the use of grids entirely in their
Often their justification is based upon the questionable usefulness of
grids and whether comparison grids can really assist in developing the
value for a complex commercial property. Though this may be true, we suspect
that the underlying reason is the complexity involved in creatiing grids
that can be effectively used as an analysis tool.
Applying Comparison Analysis to Commercial Properties IS Different
Each subject property is different and each assignment is different. The
adjustments required for each analysis are different too. For some properties,
percentage adjustments may be appropriate. For others, dollar amount adjustments
work best. Finally, some properties can only be effectively compared using
To handle these various options in a spreadsheet program like MS Excel would require literally hundreds of "worksheets". It would not be impossible to do, but it would probably be impossible to organize and find these "worksheets" when they are needed. So, many appraisers just opt out and do not use comparison grids at all.
One Grid Type Is Not Enough
Of course, many appraisers do use comparison grids as part of their development
of a value for a subject property. However, given the limitations mentioned
above, these appraisers usually settle upon one standard grid type and
modify it slightly to conform to a particular analysis.
These appraisers also usually settle upon one presentation format - adjustments
by percentage, dollar amount, or just qualitative. Although they justify
their choice based upon the "best to use for a commercial property",
we suspect that, just as for appraisers who do not use grids, the underlying
reason is the complexity involved in creating grids that cover all of the
Commercial Complete Has Addressed and Answered The Question "To Use
or Not To Use Grids"
Commercial Complete will change the way that you look at comparison grids. Whether you are an appraiser that does not use grids now or one who uses only one basic grid type for all assignments, Commercial Complete's powerful Comparison Analysis capabilities will cause you to reconsider whether and how you use grids in your appraisal assignments. Click here to see the Comparison Analysis User Interface.
More than 600 grid combinations are now available at your fingertips on
a single screen. Adjust by percentage, by dollar amount, or use qualitative
adjustments - just toggle a button. Adjust by square feet or acres - just toggle a button. Adjust by Sale Price, Cash Equivalent Price, Listing Price, Assessed Value, or Land Value - just toggle a button. Easily create Rent grids with adjustments by Base Rent or Effective Rent - just toggle a button. Make adjustments by Gross Building Area, Net Building Area or Rental Units - just toggle a button. The possibilities are almost endless and all right in front of you - just
toggle a button.
Word Processing that Brings It All Together
Comparison Analyses are fully and seamlessly integrated into the Commercial
Complete narrative documents. The Datasheets for any Comparables Group
can be inserted directly into a narrative. Comparables Group Grids can
be inserted too.
Works just like Word for me, but it is designed for real estate professionals.
Reliable, Real Software
Until now there has been no reliable way to automate the commercial appraisal process. Of course there are many individual tools that do assist. MS Office helps a lot with its word processing and spreadsheet modules. If you know how to create links and macros - better yet.
A few appraisers have even done so well at assembling MS Office templates
for their own office that they now sell the templates as a software product.
Our hats go off to them. But frankly, MS Office is not up to this kind
of a job. Too many components, updates, modifications, and work-arounds.
Simply put - too complicated. A package of templates is NOT the same as a real, standalone software product
that is designed specifically to assist in every aspect of the appraisal
process. There is just no comparison. And there are no spreadsheets, no links,
no macros, and no MS Office.
Call Us for a Personal Demonstration
We invite you to explore the many benefits of Commercial Complete. Call
us at 800-884-1630 and we will lead you through a personal demonstration.