New real estate market analysis technology will change the way real estate investors and real estate professional perform their local market analysis in real estate. Also known as real estate comparative market analysis or CMA. As they say it is location, location, location, but what they do not say, it that the latest local changes in demographics and economic factors are what the highest influence on local real estate market prices.
So what would the ideal local market analysis in real estate mapping technology look like? How would this start? The first step to compare a property address’s information to its surrounding area, is first enter in the address into the address bar and click Find Your Block Group Number. Notice that your Block Group Number is automatically filled in on the box to the left. Next, choose the criteria you want to compare by, either to your blocks Zip Code, County, or State.
Local market analysis in real estate search by radius.
This local market analysis in real estate search is similar to a radius search, however far more accurate, since this is comparing apples to apples, and not one part of a Zip Code or City to another part. Next, choose the variable you want to map, and your map is rendered in real time. In this particular local real estate map, the 24-month Forecasted Home Value is the search criteria and the maps will re-render and provide more detailed analysis on this data as you pan and zoom.
The various search criteria allow you unprecedented ability to use different variables affecting value determination and projected movement to zero in on the best investment for your needs. A CMA, Comparative Market Analysis, OR Market Analysis in Real Estate on steroids.
Basically, the Growth Maps real estate technology maps show what is going on now, what has recently changed, and the projected value in the next twenty-four months. Comparative Market Analysis Real Estate on steroids.
The reports, on the other hand, illustrate the current trends over the next 24-month period on core critical variables that will influence the future prices of real estate. You can change the local real estate search criteria easily and the maps will re-render and the graphs will represent the new search criteria. Maps can then be saved, printed, or emailed for use in a sales or listing presentation.
This can be done for different locations allowing the real estate professional to show a perspective client the real-time and projected differences between any two locations.
Basic real estate technology for local Job Search, Real Property Search, or social media, is aimed at helping the advertiser, and not the local real estate search for the seeker. OR real estate investor or buyer.
Local real estate search for real estate professional Growth Maps is the ultimate tool for the real estate professional because is the only online tool that provides user defined dynamic maps with exclusive multiple variables that exemplify what affects price movement down to the block level. Not only does this reliable, accurate, and relevant information transform you into an immediate expert on any property, the dynamic rendered maps and reports allows you to create the most relevant, reliable, and easy-to-understand presentations on the market today. The best information combined with the best presentation format:
Growth Maps is the ultimate local market analysis in real estate investment tool and no Realtor, investor, broker, or agent will ever be adequately informed without it.
For more information, download your FREE eBook titled: “What’s Next for Commercial Real Estate Technology: Leveraging Technology and Local Analytics to Grow Your Commercial Real Estate Business”
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