It’s official, RPR has released the Sales Comparison Analysis and Valuation Workbook for all REALTORS®. This new tool is designed to help you create an in-depth report using advanced analysis and property valuation best practices, leveraging RPR’s nationwide, parcel-centric database in a way that has not been done until now.
Getting started with the Sales Comparison Analysis
If you’re looking to go beyond a typical CMA, this advanced tool provides powerful reporting on neighborhood trends, allowing REALTORS® to go into more detail about the subject property and comparable sales as compared to RPR’s Comp Analysis tool—which models a traditional market analysis.
The Sales Comparison Analysis is found on the “Comps Analysis” tab of every Property Details page. Once there, select the radio button for “Sales Comparison Analysis.” The 5-step process begins with confirming and/or adjusting the facts of the subject property, and then searching for and selecting comps. After adjusting and weighting the comparable properties, RPR will generate a Sales Comparison Analysis result that summarizes the valuation analysis and range for the subject property. At this point, it’s time to generate a Valuation Workbook—a rich report on the facts and trends that support your analysis.
What about Training?
If you are ready to starting digging into this new feature, we have a few options available. First, on the training calendar you will see RPR has started scheduling webinars on this feature. Or, if you want to learn right now, try our on-demand video learning. We have created a series of quick step-by-step videos that will get you up to speed so you can start taking advantage of RPR’s newest tool, exclusively for REALTORS®.