Instafill.ai
7 days free
AI form filling · 1349 fields · 6 pages · done in seconds

Yes! You can use AI to fill out Broker's Market Analysis

Don't type 1349 fields by hand. Tell our AI about yourself, or upload a document you already have, and it fills every field in seconds. You check it, then download, print or sign.

7 days free, then $19.99/month · Cancel anytime
AI fills it, no typingEncrypted, never used to train AICancel in two clicks
Broker's Market Analysis, page 1
Very Complex · 84/100Form Complexity Index

The AI does the filling. You just check it.

No typing into boxes, nothing to install.

Tell the AI about youAnswer a few questions in plain words, or upload a document you already have. That is all the typing there is.
AI fills every field in secondsIt puts each answer in the right box on every page, tables and checkboxes included.
Check it and downloadReview every field, change anything, then download, print or sign the PDF.

What this form asks for

The AI fills all of it, from your answers or your documents.

A Broker's Market Analysis (BMA) is a detailed report prepared by a real estate broker or agent to estimate the value of a specific property. This document is crucial for sellers to set a competitive list price, for buyers to make informed offers, and for lenders in certain situations. The BMA provides an in-depth look at the property's condition, features, and the current state of the local market, including comparisons to similar active and sold properties. Today, this comprehensive form can be filled out quickly and accurately using AI-powered services like Instafill.ai, which can also convert non-fillable PDF versions into interactive fillable forms.
Fillable fields1349
Pages6
Sections181
Tables and lists10
Questions that depend on earlier answers221
Form Complexity IndexVery Complex, 84/100

The AI checks your answers before you download

15 checks built for this form, so a wrong date or a missing answer is caught before anyone else sees it.

Validates Phone and Fax Number Formats

This check ensures that all phone and fax number fields across the form adhere to a standard 10-digit format (e.g., (XXX) XXX-XXXX or XXXXXXXXXX). It is crucial for ensuring that contact information for homeowners, companies, and agents is valid and usable for communication. If a number is entered in an incorrect format, the system will prompt the user to correct it before submission.

Validates Email Address Structure

This validation verifies that all email address fields are in a standard format (e.g., [email protected]). This is essential for ensuring that communications, such as sending the final report, can be successfully delivered. An invalid entry would trigger an error message, preventing the submission of unusable contact information.

Ensures Logical Date Chronology

This check validates the logical sequence of dates throughout the form. For example, it ensures the 'Date Purchased' is not in the future and that a 'Closing Date' for a comparable sale occurs on or after its 'Under Contract Date'. This prevents data entry errors and maintains the integrity of the timeline for property transactions, which is critical for accurate analysis.

Conditional Requirement for Listing Agent Details

This validation enforces a rule that if the 'Currently Listed - Yes' checkbox is selected for the subject property, the 'Listing Company/Agent' field must be filled out. This is a logical dependency that ensures complete information is captured when a property is known to be actively on the market. If the condition is not met, the form will display an error and prevent submission until the required agent information is provided.

Enforces Description for Checked Condition Issues

This rule validates that for every property condition checkbox that is selected (e.g., 'Evidence of pet damage', 'Incomplete construction', 'Suspected structural problems'), the corresponding description field is not empty. This ensures that simply flagging an issue is followed up with the necessary details for a complete and understandable report. Failure to provide a description would prompt the user for more information before proceeding.

Verifies Total Repair Cost Calculation

This check automatically calculates the sum of all individual interior repair cost fields and verifies that it matches the value entered in 'Total Estimated Cost for Interior Repairs'. A similar check is performed for exterior repairs. This validation ensures mathematical accuracy and data integrity, preventing manual calculation errors that could affect the property's valuation. A mismatch would trigger a warning or an auto-correction.

And 9 more checks
  • Validates Owner vs. Investor Percentage Sum
  • Ensures Single Selection for Mutually Exclusive Choices
  • Validates Price Range Logic
  • Enforces Detail for 'Other' Selections
  • Conditional Requirement for Financing Issues Comment
  • Validates Competing Listings Breakdown Percentages
  • Validates Zip Code Format
  • Sales Price vs. Final List Price Sanity Check
  • Requires HOA Details for Common Interest Developments

Let AI fill out your BMA

No typing. Every field filled in seconds, checked, ready to sign.

7 days free, then $19.99/month · Cancel anytime

How to Fill Out BMA Online for Free in 2026

What the AI walks you through.

  1. Navigate to Instafill.ai and upload or select the Broker's Market Analysis form.
  2. Use the AI assistant to input homeowner, requesting company, and detailed subject property information, including its physical characteristics and history.
  3. Complete the detailed property condition assessment, noting any deferred maintenance, and provide estimated costs for interior and exterior repairs.
  4. Provide a comprehensive analysis of the neighborhood and broader market area, including property value trends, inventory absorption rates, and economic conditions.
  5. Enter detailed information for competing listings and comparable sales, using the AI to help pull data and perform side-by-side comparisons of features, condition, and pricing.
  6. Conclude the analysis by determining the Most Likely Sales Price (MLSP), suggesting a list price, and outlining marketing strategies and potential challenges.
  7. Review the entire report for accuracy and completeness, then have the preparing agent electronically sign and date the document to finalize the analysis.

Common Mistakes in Completing BMA

The ones the AI is built to catch.

Incomplete Conditional Entries
This form contains numerous conditional fields, such as checking a box for 'Evidence of pet damage' which then requires a 'Pet Damage Description'. A frequent mistake is checking the box but failing to provide the mandatory follow-up description or cost estimate. This leaves critical gaps in the property assessment, forcing reviewers to make assumptions or request clarification, which delays the analysis process. To avoid this, carefully review each checked box and ensure any dependent fields are completed; AI-powered tools like Instafill.ai can automatically highlight these required follow-up fields to ensure no information is missed.
Inconsistent Data in Comparative Sections
The form requires detailed, repetitive data entry for multiple competing listings and comparable sales. Users often make consistency errors, such as rating a competing property's 'Location' as 'Inferior' but then entering data (e.g., 'Proximity to Subject' as 0.1 miles) that contradicts this rating. These inconsistencies undermine the credibility of the analysis and suggest a lack of thoroughness. It is crucial to review the comparative data as a whole to ensure the ratings and the factual data tell a consistent story.
Vague or Non-Specific Narrative Descriptions
Fields like 'Subject Neighborhood Description', 'Lot Characteristics Explanation', and 'Challenges to Selling Property' require detailed, specific narratives. A common error is to use vague terms like 'typical for the area,' 'good,' or 'needs work' without providing concrete details. This provides no real value to the reader and defeats the purpose of the field. To be effective, describe specific features, such as 'Neighborhood is 90% single-family homes with a community pool' instead of 'nice neighborhood.'
Mathematical and Calculation Errors
The form asks for several calculated values, such as 'Total Estimated Cost for Interior Repairs' and the 'Inventory Absorption Rate'. Users often manually enter these totals without verifying their accuracy, leading to totals that do not match the sum of the itemized costs provided elsewhere. This error immediately calls the accuracy of the entire report into question. Always use a calculator to sum itemized costs before entering a total, and double-check calculations like the inventory absorption rate (Active Listings / Average Monthly Sales).
Forgetting to Specify 'Other' Categories
Many sections, such as 'Heating System' or 'Exterior Finish', include an 'Other' checkbox with a corresponding text field for specification. A very common oversight is checking 'Other' but leaving the text field blank. This makes the data point incomplete and unusable for analysis, as the reviewer has no idea what 'Other' refers to. To prevent this, make it a rule to immediately fill the specification field anytime an 'Other' box is checked.
Confusing Competing Listings with Comparable Sales
This form distinguishes between 'Competing Listings' (active on the market) and 'Comparable Sales' (already sold), which are fundamentally different data sets for market analysis. A significant mistake is mixing them up, for instance, by entering a 'Sales Price' for a competing listing or a 'Current List Price' for a comparable sale. This error invalidates the comparison and demonstrates a misunderstanding of basic appraisal principles. Carefully check the section heading before entering data for each property.
Mismatched Percentage Breakdowns
Fields like 'Owner to Investor Ratio' and the 'Competing Listings Breakdown' (New, Resale, REO, Corporate) require percentages that must sum to 100%. Users frequently input numbers that do not add up correctly, which indicates either a calculation error or an incomplete understanding of the market composition. This damages the credibility of the market analysis. Always verify that percentage components sum to exactly 100% before moving on.
Missing Critical Property Identifiers
For a market analysis to be verifiable, unique identifiers are essential. A critical mistake is omitting the 'MLS Number' for competing listings and comparable sales. Without this number, it is nearly impossible for a reviewer to independently verify the data, look up property photos, or assess the validity of the comparison. Always ensure that every property listed in the comparative sections has a correct and complete MLS number.
Incorrect Formatting of Numerical Data
Data processing systems often require specific numerical formats. Users frequently enter monetary values with dollar signs and commas (e.g., '$550,000') or use text like 'k' for thousands (e.g., '550k') when the system expects a simple integer ('550000'). This can lead to data import failures or incorrect calculations. To avoid this, enter only digits in numerical fields unless otherwise specified. AI-powered form-filling tools like Instafill.ai can help by automatically formatting data into the correct format required by each field.
Contradictory Checkbox Selections
With hundreds of checkboxes, it's easy to make contradictory selections. For example, a user might check both 'Currently Listed - Yes' and 'Currently Listed - No', or select both 'Increasing' and 'Stable' for property value trends. This type of error creates ambiguity and requires manual follow-up to clarify the user's intent. A careful final review of all checkbox selections is necessary to catch and correct these simple but impactful mistakes. If the form is a non-fillable PDF, a tool like Instafill.ai can convert it to a smart, fillable version with built-in validation to prevent such errors.

Frequently Asked Questions About BMA

 

Is it really free for 7 days?
Yes. You pay $0 today. Cancel before Nov 3 and you are never charged. Keep it, and it is $19.99 a month for 5 fills of your BMA.
Can I fill other forms too?
This plan is for your BMA: your own AI agent fills it as often as 5 times a month. To fill other forms and upload your own, choose a Professional plan from your account.
How do I cancel?
From your account, in two clicks, any time. No email, no call.
How does the AI fill out BMA?
You answer a few questions in plain words, or upload a document you already have. The AI reads what you give it and puts each answer into the right field of BMA, on every page, in seconds. It checks the answers against the form's own rules, and you review and change anything before you download, print or sign.
What happens to my information?
It is encrypted in transit and at rest, and it is never used to train AI.
How complex is BMA to fill out?
BMA has a Form Complexity Index of 84 out of 100, in the very complex tier: 1349 fillable fields across 6 pages. Instafill.ai's AI fills it in under a minute, with every field there for you to review before you download.
What is the purpose of this form?
This form is a Broker's Market Analysis used by real estate agents to provide a detailed evaluation of a property's value. It analyzes the property's condition, the local market, and compares it to competing listings and recent sales.
Who is supposed to fill out this form?
A licensed real estate agent or broker, referred to as the 'Agent Preparer', is responsible for inspecting the property and completing this report for the homeowner and requesting company.
What's the difference between 'Competing Listings' and 'Comparable Sales'?
The 'Competing Listings' section is for properties currently for sale that a buyer might consider instead of the subject property. 'Comparable Sales' are similar properties that have recently sold and are used to determine the subject's market value.
Do I need to get professional quotes for the repair estimate sections?
While not always required, you should provide realistic cost estimates based on your professional experience and knowledge of local pricing. It is good practice to note if your estimates are not based on formal bids from contractors.
What should I do if the property is unique and has no direct comparable sales?
If direct comparables are unavailable, use the most similar properties you can find and make adjustments, explaining your reasoning in the comments sections. You can also expand your search area or look at older sales, and detail these circumstances in the 'Broader Market Area' section.
Where do I find the HOA information like the owner-to-investor ratio?
This information can typically be obtained by contacting the Homeowners Association (HOA) or its property management company directly. If the information is not applicable or you cannot obtain it, you should note that accordingly.
How do I determine the 'Most Likely Sales Price' (MLSP)?
The MLSP is your professional opinion of what the property will likely sell for in its current 'as-is' condition. This conclusion should be based on your complete analysis of the comparable sales, competing listings, and market conditions detailed in the report.
What kind of information is expected in the 'Challenges to Selling' and 'Creative Marketing Ideas' sections?
List specific obstacles to the sale, such as a busy street or dated interior, in the 'Challenges' section. In 'Creative Marketing Ideas,' propose concrete actions to overcome these challenges, like virtual staging or targeted social media ads.
Can I use an AI tool to help fill out this extensive form?
Yes, services like Instafill.ai use AI to auto-fill many form fields accurately, such as property details and contact information, which saves time. Your professional expertise is still essential for the analysis, valuation, and strategy sections.
How can I fill out this form online if I only have a PDF?
You can use a service like Instafill.ai to upload the form and fill it out directly in your web browser. These tools allow you to easily type information, check boxes, and add a digital signature before saving or printing.
The PDF I received isn't fillable. What can I do?
Services like Instafill.ai can convert flat, non-fillable PDFs into interactive, fillable forms. Simply upload your document to their platform, and it will automatically detect and create fillable fields for you to complete.
What information should I have ready before I start filling out this form?
You should gather MLS data for at least three competing listings and three comparable sales, your notes from the property inspection, and any information provided by the homeowner about improvements and the original purchase.
Encrypted in transit and at restNever used to train AIDelete your forms any time

Get your BMA filled out by AI

$0 today. Cancel before Nov 3 and you pay nothing.

Other forms like this one

broker forms: Letter of Authorization to Broker, Form 1099-B, Proceeds From Broker Transactions, 41, Fannie Mae Residential Broker Price Opinion (BPO) (Revised 03/99), Fidelity Change of Account Registration: Changing to an Individual, Joint, or Custodial Brokerage Account, Fidelity Change of Account Registration — Changing to a Trust, Estate, Guardian, or Conservator Brokerage Account, Move Assets from My Schwab Brokerage Account, Open a Schwab One® Brokerage Account, Charles Schwab PCRA Self-Directed Brokerage Account, Schwab Health Savings Brokerage Account (HSBA) to HSA Invest Choice Account Transfer Form, Intra-Brokerage Securities Transfer, Moving your Vanguard funds to a Vanguard Brokerage Account Disclosure statement, Vanguard Brokerage Account CREST Transfer Form, Moving your Vanguard funds to a Vanguard Brokerage Account Disclosure statement, TIAA Brokerage Incoming Account Transfer Form, TIAA Brokerage Joint Transfer on Death Account Agreement, TIAA Brokerage IRA Distribution Request (Form F11025), Request for a Qualified Charitable Distribution (QCD) from a Brokerage Individual Retirement Account (IRA), Form OL 75, Auto Broker Log, TIAA Brokerage Authorization To Gift Securities

7 days free, then $19.99/month · Cancel anytime