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Dear CBA
Over the past five years, CBA has partnered with leading technology providers and invested heavily to provide you with new and improved essential tools to conduct your appraisal business.
To fund these investments and maintain our service excellence to you, we are implementing a $15 per month increase for CBA’s monthly Appraiser membership dues and a $5 per month increase for office fees, which will go into effect on January 1, 2023. We hope by offering you this advance notice, it will help in your business planning and mitigate the impact for you and your appraisers. Enclosed is an updated fee schedule for your reference. As always, there is no charge for access for your assistants.
Raising dues is never taken lightly by CBA’s Board of Directors and our management team. We realize the timing of this increase comes at an uncertain time for the industry due to the current phase of the market cycle. However, it is necessary to help pay for investments and licensing in our technology platform, and to continue to offer our members improved tools and high-quality service at a low and reasonable price.
Here is a summarized overview of our key investments and enhancements to the CBA platform:
Apartment CBAcmas: We’re incredibly pleased to announce that beginning on January 1, 2023, our Apartment/Multifamily CBAcmas will become available to all members, including appraisers, for no additional fee.
CBAcma is a comprehensive, accurate, reliable, locally researched database that provides detailed information on all recorded commercial sales of $250,000+ in the state’s six largest counties (King, Kitsap, Pierce, Snohomish, Spokane, and Thurston counties). CBA members can access copies of the last recorded documents, plat maps, and high-resolution photos of the properties.
Property Search: The full conversion and rollout of our listings and property search platform is now complete for our core commercial properties. Our advanced platform combines fully researched CRE data, comparables, and a suite of reporting and marketing tools. You can easily access researched lease and sale listings and CBAcmas.
Benefits Include:
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Trusted, Validated Listings, Comparables, and Property Data: You get an accurate, comprehensive picture of the current and historical CRE listings, and sale comparables in the Pacific Northwest and Idaho in a system leveraging granular, validated property level data with an intuitive map search. Our platform is locally researched and validated by our in-house research team and is now also backed by Moody’s Analytics national CRE database of validated and curated information, which covers 6.5 million commercial properties in the United States. Our teams of professional researchers interpret and curate data from multiple sources, and consistently monitor the latest market activity and property sales to ensure accuracy.
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Powerful Technology: Our advanced platform combines multiple data sets into our property-centric model, tying everything back to the underlying parcels. Custom search capabilities allow you to explore markets geospatially. Easily map off individual areas, compare properties, and access various parcel aerial and street-level views.
- Robust Reporting Tools
- Advanced property, comparable, and listing reporting tools provide an enhanced and improved experience for you and your clients
- Block-level demographics, traffic counts, and tenant information
- Real-time insights and analytics on any set of properties
Customer Service: And finally, we’re proud to say that we’ve retained and strengthened our research, education, and support staff to continue to deliver you the highest level of service, even during extremely tough economic times.
As a member-owned cooperative, CBA remains committed to offering the quality and service you expect and deserve. We value every one of our members and throughout our history have worked extremely hard to minimize pricing increases to the least possible amount while still fulfilling our mission to the industry and achieving our objectives.
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