There is a free appraisal tool on the net which you probably have heard of. It is www.Eppraisal.com
It offers free home appraisals as well as access to neighborhood information like schools, lifestyle, employment, local professionals, and more.
It can be used by real estate virtual assistants to create powerful CMAs. It is very user friendly and free! It features graphs so if you are not good at making graphs you can just cut and paste.
It offers the following features and more:
Property information:
Sale price
Distance from subject property
Price per square foot
Schools:
Elementary, middle and high
Student to teacher ratio
Grade span
Degree levels
Sat scores
Marketing stats:
Foreclosures filings and sales
Best and worst performing zip codes
Most expensive zip codes to move to
Lifestyles:
Prominent lifestyles broken down in categories such as
o Home ownership,ethnicity, employment and education level
Employment/Local Professionals:
Highest vs. lowest paid occupations
Unemployment level
If you have tried it, I would like to know what you think about using this to create a CMA.
Roxanne Tidmore, NAR Certified REPA
www.EliteREVA.com
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