What is RealAdvisor?
RealAdvisor offers an online platform designed to assist homeowners in selling their properties more effectively. It provides instant home value estimates through its automated valuation model (AVM), which utilizes statistical regression, a form of artificial intelligence, analyzing historical transactions and current listings to determine current market value. Users can access this valuation within minutes by answering a few questions about their property.
Beyond valuation, RealAdvisor equips users with insights into local housing market trends, including price evolution, inventory levels, and time-to-sell data. The platform also facilitates connections with qualified local real estate agents. Users can browse agent profiles, compare their track records and reviews, and select the best match to guide them through the selling process, ultimately aiming to maximize the transaction value.
Features
- Instant Home Valuation: Get an AI-powered estimate of your home's current market value in minutes.
- Local Market Insights: Explore regional housing market trends, price changes, and inventory data.
- Agent Comparison: Browse and compare qualified local real estate agents based on track record and reviews.
- Historical Data Access: Consult past transaction details and tax assessments for properties.
- Property Owner Information: Access the names of current property owners.
Use Cases
- Estimating the market value of a home before selling.
- Researching local housing market trends.
- Finding and comparing qualified real estate agents.
- Evaluating property prices for potential buyers.
- Accessing historical property transaction data and tax assessments.
FAQs
-
How much does it cost?
RealAdvisor is completely free to use. If you decide to hire an agent on the platform, compensation will be determined at market rates between you and your agent. -
How do you select agents?
Partner agents go through a thorough qualification process, ensuring they are properly licensed, and reviewing their track record and client reviews. -
How does the valuation work?
The valuation is based on an AVM (Automated Valuation Model), a form of artificial intelligence using statistical regression that calculates market value based on historical transactions and current listings. -
Where is RealAdvisor available?
RealAdvisor is available throughout the United States as well as France, Germany, Spain, Italy, and Switzerland. -
Where does the market data come from?
The market data comes from public records as well as various MLS and other private sources.
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