When you create a CMA and set or confirm the value, that becomes the property's base value. From there, Homsie keeps it current automatically, and each month your client gets an email with the updated number.
How it stays up to date
Each month, Homsie looks at how the market for homes like your client's has moved and adjusts the value from your base. If the local market is up, their value goes up; if it softens, it comes down.
What it does not do
The monthly update isn't a brand-new CMA. It keeps the valuation you approved as its starting point and tracks the direction of the market from there.
What your client sees
The monthly email goes out at 8 AM ET over the first five days of the month and compares this month's value with last month's:
Up or down shows the dollar and percentage change.
No change means the market for homes like theirs held steady.
New this month appears when there's no earlier month to compare, like the first email after you approve a value.
Two kinds of value, and when to use each
The monthly automated value is directional and always current, which keeps your client engaged month to month.
A fresh CMA or agent estimate is a new valuation that you run and review. It's the accurate, human-verified number for when a client is seriously thinking about a move. Your client can ask for one from their portal with Request Agent Estimate, and it lands in your Needs Review queue.
To see what the emails look like, check "What emails do my clients receive from Homsie?"