We know you’re busy! A reminder that you can use your FVREB Stats Centre tool to quickly update your clients with market graphs specific to their property type and sub-area.
Log into REALTOR® Link > Under My Apps, click on the FVREB Stats Centre icon > (if you’ve never used it before) Click on User Manual & FAQ in top right corner > Watch the 7 minute how-to video! > Click on Stats Centre in top right corner to go back to main page and start building your client(s) a graph. (Reminder to first update your Profile so the cool graph they receive includes your photo and contact info.)
Here’s a taste of what you can do with the FVREB Stats Centre:
- Compare up to four Boards (FVREB, REBGV, CADREB and BCNREB) or their areas or sub-areas
- Graph back 1, 3, 5 or 10 years
- Filter results for multiple housing variables i.e. price, residential property type, # of bedrooms
- Customize price and square footage ranges
- Analyze up to ten housing market metrics i.e. MLS® HPI (Benchmark) Price, Average Price, Sales to Active Listings Ratio, Days on Market, Price per Square foot, Percentage of Original Price
- Do all this from your mobile device!
- Share your search results online, in print or email; and keep your results static or allow them to be updated in real time (including adding the ability to add a graph of your choice to your blog or website!)
Sellers would benefit from:
- What are homes selling for in my sub-area? (Any of the price metrics)
- How long is it taking? (Average days on market)
- How close to asking price are sellers getting in my sub-area? (Percentage of original price)
Buyers would benefit from:
- What can I expect to pay for a home in a number of different sub-areas? (You can compare up to four different areas at the same time)
- What’s my selection like right now? (Actives indicates how much inventory was available on the last day of the last month; Sales to Actives indicates the health of the market comparing the ratio of number of sales to number of active listings)
- I want a 4,000 sq. ft. home and my budget is $800,000, is that possible? (Price per sq. ft.)
Once you build the graph that answers your client’s question, click share in the top right corner of your graph. To send your client a link to that graph, accept the default option and cut and paste the URL in an email to them. Include in the body of your email: Why this matters to you….
The Stats Centre is updated by no later than the third business day of the month with the previous month’s MLS® and MLS® Home Price Index data.