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TECHNOLOGY
2 COMP ANALYSIS
RPR’s wizard walks you through five
simple steps to generate a Comparative
Analysis unlike any other offered in today’s
real estate industry. You’ll confirm the
home’s facts, search for and adjust the
comps, land on your own list price by refining
the property’s value, and then generate
an RPR Seller’s Report. You can also reorder,
rate (worse, same or better) and add notes
to selected comps. All in one place and with
the highest level of accuracy afforded to
today’s Realtor®.
Pro Tip: While selecting comps within
RPR, note that properties marked with a
blue star are used to calculate the Realtor
Valuation Model® (RVM®). As the only official
valuation product of the National Association
of REALTORS®, the RVM goes beyond
traditional automated valuation models
(AVM) by incorporating listing and sales
data from the MLS into the equation.
Create a comp analysis on your mobile
device: The RPR app now offers the ability
to create a comp analysis using your phone
and then text/email a colorful Seller’s
Report to your client! Best of all, if you’ve
selected comps on the RPR website, they
can be viewed on mobile and vice versa.
There’s also an interactive map to choose
comps and advanced search functions such
as property status and type.
3 SALES COMPARATIVE ANALYSIS &
VALUATION WORKBOOK
RPR’s Sales Comparison Analysis, primarily
used by appraisers, goes into a more
detailed property evaluation, typically used
for harder-to-price homes. The tool leads
you through a series of steps to confirm or
adjust factual information about a property,
and then search for and select comps. At
that point, you can adjust and weight the
comparable properties to yield a result that
summarizes the valuation and range for the
subject property.
Satisfied with your analysis? Save or
share it by generating a Valuation Workbook.
The Valuation Workbook summarizes
the evaluation made using the Sales
Comparison Analysis. It includes details
about the subject property and the comps
and adjustments made in the workflow, as
well as an overview of local housing market
conditions.
4 INVESTMENT ANALYSIS
Valuate® is a web-based financial analysis
and marketing tool for the purchase
and sale of commercial and residential
investment properties. The platform allows
agents to perform real time, interactive
investment analyses in a collaborative work
environment. No more multiple versions
of stagnant PDF files. With Valuate, digital
files are easily edited and shared with colleagues,
partners and clients. Valuate also
provides real time scenario analyses while
pitching to prospects or updating existing
clients. Make edits to the analysis on the
fly for wherever the conversation leads;
answers questions instantly.
> Read or watch more about all of the topics
addressed in this article on narrpr.com.
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