Release Notes: June 2023
Want to keep your clients updated about the market but don’t know what to say or have the time to write something? Check out our new AI Script Writer that analyzes market trends and does the work for you! We have also added new sections and fields to the Commercial Property Information page and Property Report and updated the Refine Value by Home Improvements data. Read on to learn about all the enhancements in this release.
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AI Script Writer
Create content to convey to your clients what is happening in a market area using generative AI software powered by ChatGPT. Choose a Tone (Professional, Engaging, or Conversational) and Audience (Buyers and Sellers, Buyers, or Sellers), then select from three script options (Create Video Script, Social Campaign, or Analyze Metrics). When finished, you can copy the content or have it emailed directly to you. Use the content in videos, Social Media posts, marketing campaigns, mailers, and more!
The Script Writer is available for the Market Trends Indicator chart that displays key metrics for a neighborhood, ZIP code, county, or city, such as Months of Inventory, List to Sold Price %, Median Days in RPR, and Median Sold Price.
You can find the Market Trends Indicator chart on the Residential Market Trends search results page, Property Information page (Market Trends tab), and Neighborhood page (Summary tab).
New Commercial Real Estate Data
We have improved and expanded the commercial public records in the Commercial Property Details and Property Report. Key facts are now prominently displayed in large text within the summary section. Additional fields have been incorporated, and a new Financial Details section has been added.
Click on the links below for more details.
Commercial Tenant Data
This release updates our Commercial tenant data to the latest information from SMR Research. Improvements have been made to how SMR Tenant data is matched to our property records, increasing the number of tenants displayed.
Refined Value by Home Improvements Data
Our annual update to the Home Improvement data from Zonda (formerly Hanley Wood) included a new HVAC category, a change from “Master” to “Primary” Suite, along with updated regional coefficients and descriptions of cost and value amounts based on the most recent data.
The Cost vs. Value Report seeks to answer the question, “What value does a particular remodeling project add to the sale price of a home?” This year’s results were determined in part through survey data collected from RPR users like you, along with data from a remodeling estimating solution, Verisk’s XactRemodel®.
Click on the URLs below to learn more
https://finance.yahoo.com/news/zondas-2023-cost-vs-value-190000168.html)
.https://www.remodeling.hw.net/cost-vs-value/2023/methodology
Articles of Interest
Click on the links below
If you would like to learn more about RPR, please see our Learning Resources where you will find video tutorials, marketing strategies, step-by-step knowledge base articles, and printable guides.
RPR version 2.22 was released on June 13, 2023.
Need Help?
If you need additional assistance, contact RPR Member Support at (877) 977-7576 or open a Live Chat from any page of the website.
