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:
Distance from subject property
Price per square foot
Elementary, middle and high
Student to teacher ratio
Foreclosures filings and sales
Best and worst performing zip codes
Most expensive zip codes to move to
Prominent lifestyles broken down in categories such as
o Home ownership,ethnicity, employment and education level
Highest vs. lowest paid occupations
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