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HouseCanary Offers RE/MAX Agents Pricing Insights | theMReport.com

“Other home valuation methods are based largely on historical comparable sales,” Sicklick said. “HouseCanary measures price movements on every residential block in the country, allowing for precise valuations today and three years into the future. Our algorithms combine 40 years of history, 1 billion residential transactions, and hundreds of proprietary calculations influencing home values, such as capital markets, jobs, traffic … even views from a property’s backyard.”

The reports’ ability to forecast pricing is its biggest competitive advantage—especially in a market with tight inventory and rising prices.

“In markets facing low inventory, rising prices and interest rates, the ability to provide clients and leads with a three-year forecast of a home’s value serves as a clear competitive advantage. Offering accurate market demand figures unavailable elsewhere, months of supply, and market rent by square foot for similar properties, the reports allow realtors to become a trusted source of information and ‘prove their gut’ on property prices.”

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HouseCanary Offers RE/MAX Agents Pricing Insights – theMReport.com.