Sign in to RPRFlexibility. Comprehensive Information. REALTOR® Overrides. These are the Top 3 features REALTORS® requested within the new Comps Analysis function in RPR®. With a recently redesigned Comparative Analysis function based on REALTOR® feedback, RPR® delivers all this and more.
Flexibility: Each property starts with either an RVM® (Realtors Valuation Model®) or an AVM. You can use this value ‘as-is’ or make adjustments. RPR will always display the properties used to derive the RVM/AVM, but customization is now the key. Enter exact search criteria for Comps, not just a timeframe. Draw a search area on the map, search within a school district or specific attendance zone, even search via a saved search. All of these are available when searching for comparable properties.
Look for key characteristics that match the subject property to ensure the properties used are close not only in proximity, but in characteristics as well. Never before has RPR had this type of flexibility in choosing comparable properties.
Comprehensive Information: Confirm the home facts. Take a look at what public records has for the property and make your adjustments. Easily compare properties side-by-side, including photos, property details, such as bedrooms, baths, etc. Seeing this information side-by-side gives REALTORS® a better understanding of the properties. Even ‘rate’ the properties against the subject property to create an even more accurate assessment. You’ll instantly see what making changes can do to the value of the subject property.
REALTOR® Overrides: Even after adding comparable properties and making adjustments, the number may still not be where you think it is. Now, RPR allows you to ‘override’ this number and either put in a price range, or a specific number of your choice. You’re the local market expert, now you can showcase that by completely controlling the recommended price/price range.
The new, improved comps analysis function all comes together in a report, where the REALTOR® easily prints or emails all this information in an impressive format to satisfy even the most critical client.
With all of these improvements, REALTORS® are relying more and more on RPR to be their ‘go to’ resource for a comparative analysis.
Great addition. Really looking forward to getting proficient on it.
Great to hear, Gerald! If you’re looking for training make sure you check our Calendar here: http://blog.narrpr.com/events
Looking forward to learning more about it
Great to hear, Eduardo! You can sign up for a webinar at http://blog.narrpr.com/events. And keep in mind, we have 24/7 Customer Care. Feel free to call them at 877.977.7576 with any questions.
Any information that helps us be more knowledgeable and better REALTORS IM ALL FOR IT.
The is a very useful tool for today’s market. We have a lot of investors that are taking advantage of these distressed available homes.
Nice to see our dues at work, thanks
I would like to try this cma program. I do the cma for both my husband, Bill Reddell who is a Realtor, and myself. How do I do that? Sounds very interesting.
Hi Jerrie! You can get started by going to http://www.narrpr.com and creating your account. You’ll need to have your NRDS# handy. Simply click on the “Create New Account” button and follow the steps. Once you’ve created your account, you can start working to create your CMA. For more information on creating your account, you can watch our short video: http://www.youtube.com/watch?v=KGj7D-TpFSE&list=UUm7WIj56oTFDU90MhaV-AiA&index=2
I am interested in learning how to use this.
Hi Jacqueline – I would suggest you attend one of our regular RPR training webinars. Here is the schedule for February: http://blog.narrpr.com/events/2013-02/. You might enjoy the class on “Using RPR with Seller’s” scheduled on Feb 15th. Otherwise checkout the “Intro to RPR” classes we have regularly scheduled.
CMA’s are very critical in this market, if you don’t hit on the right listing price you, Seller, and the Buyer can get disappointed at settlement after the appraisal is done and its low, then we’re done. So welcome to this new program.
Great addition for the experience and new agent
excited about this new addition.
Need to see comps for a specific property