LATEST NEWS FOR BUYERS AND SELLERS
It is Time to Raise Our Voices and Regulate the Regulators
A day does not go by without a new laundry list of empty promises geared to solve our State’s real estate crisis. The intentions may be good but as long as the finger pointing continues we are not going to get anywhere...Read More
WHAT'S GOING ON IN MY NEIGHBORHOOD?
How to Interpret the Estimated Values
Each week we will be featuring a new tip to help you take full advantage of the tools Homekeys has to offer. This week's tip is "How to Interpret the Estimated Values." If you have any suggestions about tips you'd like to see, feel free to Contact Us.
Homekeys has a feature called AVM, Automated Value Model. ValueSearch® calculates estimated values using historical sales data, property information and market analysis. Select a property then look at the Estimated Value tab. The Historical Sales Summary will show you the average, minimum, median, maximum and estimated values. Those numbers came from data collected from the Historical Sales Information. The Historical Sales Information is made up of the top ten properties that are most comparable to your target property. If you look below the list of properties you can see how far the system had to go to find comparable sales information.
Below the Historical Sales Information is the Active Comparable Listings Information. This is information gathered from other properties for sale that are comparable to your target property. This is very useful information for both buyers and sellers. For buyers, these are other listings you may be interested in, and for sellers, this is the competition that you’re up against in the area. Again, you can see how far from the target property the system had to go to get these comparables. You have the option to view a printer friendly version of this page as well.
You can view more information on any comparable by selecting it from the list and then choosing property details, aerial view, comparables or estimated value. Or, by clicking on the Comparables tab, you can view the map markers for the Comparable Sales and Comparable Listings. Below the map is a list of the comparable properties. You can switch the list from comparable sales to comparable listings by clicking their respective buttons below the list. When you click on a comparable (either the marker or from the thumbnail list) the map will center on that property and an informational window will pop up giving you the option to view even more details.
If you’d like to print out the list of comparables, we provide a printer friendly version of this page if you click the Print Friendly button, located below the list.
For more search help, visit our Video Tutorials page
Next week's tip - How to Save Search Parameters and Listings
|Real Estate questions? Search help?|
What do you want to see in the next newsletter?
|Forward this Email to your friends|
|Homekeys Corporate Headquarters
10700 North Kendall Drive, Suite 401 Miami, Florida 33176
ph (305) 351-8628 fx (305) 595-6867
©2010 HomeXperts, Inc. All rights reserved.
Home | Buyers | Sellers | Renters | ValueSearch | Miami Dade County Listings | Broward County Listings | Palm Beach County Listings