RPR Residential Learning Series—Class #2

On your first visit to RPR

Overview

On your first visit to RPR

After an overview and introduction, it’s time to let your agents dig in and experience firsthand all that RPR has to offer. This video offers suggestions and guidance on how to get the most out of a first official visit to RPR. Users will see tips and tutorials on how to navigate the RPR homepage, with a focus on the six main search types available. Viewers will also get a detailed look on how to run various Property Reports, how to personalize and brand each one, and how to manage and share them as well.

Transcript

Your First Visit

In this video we’ll explore tips for your first visit to RPR Residential, starting with basic information about search and search results. Then we’ll look at what you’ll find on the property details page and last we’ll wrap things up with tips for creating your first report. Let’s get started.

The homepage is where your search begins. Here you will find six search types:

  • All Properties
  • For Sale
  • For Lease
  • Neighborhoods
  • Schools
  • Market Activity

Each search type includes additional filters and search attributes.

There are three options for an RPR property search:

  1. The All Properties search will return all properties regardless of their status.
  2. For Sale search is for properties currently on the market
  3. And For Lease should be used to search leased properties.

For each search option, enter an address to go directly to the property, OR enter a geography to visit search results or a Map View. To enter additional search attributes, click Advanced.

If you’re looking for housing or market trends, people facts or even quality of life metrics in an area, try the Neighborhood search.

School Search can be used to find teacher, academic and overall school grades, school district side-by-side comparisons, information on standardized test scores, and nearby property listings within the attendance boundaries of a school district or geography.

The Market Activity search uncovers changes in a local real estate market, including for lease, new listings, active, pending, sold, expired, distressed, price change, and even open house properties.

Let’s try a For Sale search in [Portland, OR 97203]. We’re looking for a 3 bedroom, 2 bathroom single family residence, non-distressed, not pending, and not to exceed 750K. We’ll use basic and advanced filters and select the yellow magnifying glass to search.

We arrive on a List View of search results. If we had additional parameters and wanted to filter this down further, use the left sidebar to filter these results. We can also sort the list by recently updated to bedrooms, bathrooms, price, and more.

To view the properties on a map, select bigger map here or Map View. From the Map, define your own search areas by drawing them on the map, or by displaying the outlines of geographies such as neighborhoods, ZIPs, and even school attendance zones and then searching one or more of those areas.

Results are presented under the map.

Select a property to reveal the Property Details Page, which is comprised of five tabs. We’ll quickly walk through each of these.

  • The Summary tab includes a property’s basic facts and current and historical photos. You’ll also find the Realtors Valuation Model® or RVM –– the only automated valuation product owned and operated by the National Association of REALTORS®. The RVM  goes beyond the traditional AVM by incorporating listing and sales data from the MLS into the equation.
  • The History tab is where you’ll learn about prior sales transactions, mortgages activities and tax assessment information.
  • The Charts tab compares the property to others in its local market and depicts conditions such as median sales price vs. sales volume and listing inventory. Learn more about what each chart represents by selecting About this Data.
  • The Refined Value tab lets users adjust the RVM or AVM estimated valuation using their personal knowledge about a property’s basic facts, home improvements and/or local market and property conditions.
  • The Comp Analysis is similar to a CMA. A five step wizard walks you through the process of validating the property’s facts, selecting comparable properties, and adjusting those comps to arrive at a value for the subject property. The final analysis can be customized as needed.
  • And last, the Neighborhood tab, shows the area’s Median Estimated Home Value, Facts and Stats on Housing, People, The Economy, and Quality of Life.

After reviewing the property, it’s time to create a report. Select the blue “Create a Report” button.

RPR reports come in PDF format, and can be saved, printed, and shared by email and Facebook. Also using the RPR app, reports can be sent by text message.  

You have 8 different reports to choose from:

  1. Property Report
  2. Seller’s report
  3. Property Flyer
  4. Mini Property Report
  5. Valuation Workbook
  6. Market Activity Report
  7. Neighborhood Report
  8. School report

and exclusively available by way of the mobile app is a Buyer Tour Report.

Choose a report by selecting the radio button to the left of your report type. For example, we’ll select mini property report which provides a concise look at an individual property, including a property summary and home facts, legal description, current listing photos (when the property is an active listing), property history and local market trends.

Choose what cover page elements to be included or omitted from the right hand sidebar, including page numbers.

Next personalize the report, and select a delivery method – PDF or Email. Click “Run Report.”

The reports you’ve created will appear on the left side of the screen. While your reports are generating, they appear yellow, and blue once they’re complete and red if the report has failed. Notice now the report is ready to view.

Each report you create will be available for 30-days, after which time they are automatically deleted.

Click on the plus sign to the right of the report to access several options to manage your reports. For example, delete, download or rerun the report, and also share it on Facebook.    

Rerunning the report restarts the 30 day storage period.

And for RPR mobile users … the reports you run on the website are available via the app and vice versa …so you can access the report on your phone, tablet, or computer.

For Offline Playback

Need the course materials offline? Download them here.

Course Handouts

Course Navigation

2. On your first visit

3. Reports Overview

4. Pricing a Property

5. RPR Mobile App

6. RPR Map

7. Neighborhood & Schools