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Updated almost 5 years ago on . Most recent reply

User Stats

360
Posts
110
Votes
JOAN DICKIE
  • Residential Real Estate Broker
  • La Crosse, WI
110
Votes |
360
Posts

Realtors - Have you checked out the investors analysis in RPR

JOAN DICKIE
  • Residential Real Estate Broker
  • La Crosse, WI
Posted

I was checking out the Realtors Property Resource website (http://www.narrpr.com) and found it has a Property Analysis for Investors page that looks interesting. I know its not as good as BiggerPockets calculators :), but it may be worth a look.

You have to be a member of National Association of Realtors to check it out. Put in an address in the search bar and the Property Analysis link will be in a blue box in the property details page.

Check it out and post an opinion on value.

Most Popular Reply

User Stats

100
Posts
30
Votes
Chris D.
  • Lender
  • Baltimore, MD
30
Votes |
100
Posts
Chris D.
  • Lender
  • Baltimore, MD
Replied

I have a real estate license and just took an introductory class in RPR today. I am not proficient in using the program. There is something you all need to know. Brokers have the option of "opting out" i.e. prohibiting their listings to show as available while they are on the market. They may also opt out of allowing them appear on the RPR website once they settle, although RPR monitors public records and will list them as a public record sale soon after settlement. Thus your information could be incaccurate. The largest independently owned real estate company in the US is located in my market (Washington, DC metro). They do not permit their listings to be shown on the RPR site so imagine how inaccurate a CMA could be! As a realtor, I subscribed to Get Smart Charts Pro. I have been advised by the Smart Charts trainer that all of the informaton in a local MLS is included in the Smart Charts product. I'll post more as I learn it.

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