RealEstateReviewInstructions

Thisisoneofthemostdifficultsitestonavigate.Broughttoyoubyyourgovernment.;-)

Itisalsooneofthemostaccurateanduseful.Ihaveattemptedtodoastep-by-stepnarrativetohelpwalkthroughthesteps.MikeSelvaggioCRS,CCIMMasterNinjaInstructorMike@Selvaggio.com

Stepstocompletethereview:Gotowww.FHFA.gov1)GotoAboutUsinthemenu

2)ClickonData&Tools

3)ClickonReports

4)ClickonReportsCategory

5)ClickonHousingPriceIndex

6)ThenGotoHousingPriceIndexReport(Thelatestquarter,notamonthlyreport.)

7)AtthebottomclickontheAttachment

OncetheAttachmentisopenedgoto“NationalStatistics”.andlocateMonthlyHousingPriceIndexfortheUS(usuallypage10ofreport,butcouldbeslightlydifferent)thenprint

8)NextscrolldowntoStateStatisticsPrintthethreepageslabeledHousingPriceAppreciationbyState(usuallypage15,16,17) Manuallyhighlightthefollowingfourrows: TheBestState TheWorstState TheStateyouaredoingBusinessIn TheOverallUSRating

Besuretoprintthemapaswell.Thisisthesameinfoontheprevioustwopagesshowninpictureformat.Itisexcellentforthehigh-visualmodalityfolks.

NextgototheMetroAreasection,whichmaybearoundpage31.Scrollpastthesectionheadertothehighestandlowestmetroareas.Printbothpagestoshareifyourmarketisshown.Theseappeararoundpage36.Approximately271Metromarketsareshown.Highlightyours.

Nextgoto:City-Data.comsite

a)TargettheappropriateCountyfortheSubjectProperty.Justenteritontheopeningbox.

b)ScrolltothegraphforHomeSalesInCountyGraphCopytheimageandplaceinaworddocument,rightclickandpasteitintoablankWordpage.

c)DoitagainwiththeZipCodeoftheSubjectProperty.d)GotothegraphforHomesSalesintheZipCodeGraphCopytheimageandplaceinthesameworddocument)Bestifyoucanfitbothgraphsonthesamepage,topandbottom.YoucanalsodoyourCityifyouprefer.ThefollowinginstructionsarefortheregionalareaMLSintheDelawareareaknownasTREND.ThepurposeofthisportionofthereportisnotaCMA.Iftheydesireone,thatisagreatreasonforareturnvisit.Thepurposehereistogivethemasnapshotoftheirmarketarea;homessold,askingprice,saleprice,daysonmarket,etc.Offertodothiscompletereportforfamilyorfriends.LocalNeighborhooddata.TrendMLS.comsite(OrwhatevertheappropriateMLSsystemforthesubjectproperty.

A. Gotothewebsite,https://www.trendmls.com/Default.aspx,tologin.B. OnceloggedinusetheSEARCHfeaturelocatedintheupperleftcornertocreatea

dropdownmenutoselectfrom.C. ClickonRESIDENTIALunderLISTINGS.D. EnterallpertinentResidentialSearchCriteriafortheSubjectProperty.E. UndertheheadingSTATUS–DATESORDAYS,selectActive,PendingandSettled

alongwiththetimeframeoftheFHFA.comHousePriceIndexquarterlyreport,oroneyearbackfromtodaysdate.

F. FillinanyadditionalCriteriatohelpnarrowyoursearchthatmaymatchuptothesubjectproperty.

G. SelectRESULTSH. Inthecheckboxeslocatedtotheleft,SelectcomparablepropertiestotheSubject

Property.I. ClickontheSTATSbutton,selectTABULARforresultsthatwillgiveyouaSTATUS:

ACTIVE,aSTATUS:SETTLEDandaCombinedStatus,whichwillincludethestatisticsfortheneighborhoodby,OriginalListPrice,LastListPrice,CurrentPrice,DOM,PMP,RATIOClosePriceByOriginalListPrice,andRATIOClosePriceByLastListPrice.

J. Youcanalsorunmarketwatchreports,estimatedclosingcosts,andlotsmoreveryinterestingreports.LearnTrendandallitcando.Knowledgeis,wellyouknow!

Lastly:Consideraddingan“Art”piece.Hereisthelinktothesitethathasalmostsomethingforeveryone.http://styledstagedsold.blogs.realtor.org/2015/09/14/6-tips-for-planning-ahead-for-a-spring-bulb-garden/Hereisanincrediblefreelibraryofforbuyerandsellerhandouts.

http://realtormag.realtor.org/sales-and-marketing/handouts-for-customersDon’tforgetHouseLogic.com/members.ThisisownedbyNAR.YouwillneedyourNRDSnumbertologin.Dotwoormorereviewsaweekandyouwillbeamazedattheresults.Thanksforyourcommitmenttoyourcustomers,ourcompany,andyourself.