What is a market estimate report?
On Business, describe a property and the CRM gives you a market estimate range from comparable listings on your portal, which you can export as a branded PDF for an owner.
Open Market estimates and describe the property: address, sale or rent, property type, area, bedrooms, bathrooms and floor area. The CRM compares it with similar listings on the portal for your market and returns an estimate range, with the comparable listings it was built from. It is part of Business.
Only listings in the same currency are compared, and nothing is converted. The more of the form you fill in, the closer the comparables are.
Export the result as a PDF branded in your name to hand to an owner. Each report is saved as it was calculated, so the figures an owner was shown do not change later as the market moves.
It is a market estimate drawn from asking prices on the portal, and it says so on the report. It is not a formal assessment of a property's value by a licensed professional, and should not be presented to an owner, a lender or a court as one.