Comparable Sales Database & Maintenance Prompt
Prompt
Establish and maintain a comprehensive comparable sales database. [PASTE: Market area, historical sales data (3+ years), field for ongoing updates] Steps: 1) Compile historical sales (MLS, public records) 2) Organize by property type/neighborhood 3) Extract key data fields (price, beds, baths, sq ft, DOM, sale date) 4) Verify data accuracy 5) Update quarterly with new sales 6) Archive old data 7) Use for pattern analysis Output: Sales database (spreadsheet), data validation procedures, quarterly update log, trend analysis capability.
Why it works
Database enables quick comparable identification and trend analysis. Maintains historical context.
Watch out for
Manual data entry introduces errors. Automate data pulls where possible. Verify accuracy.
Used by
Data Analysts