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After clicking the Email button, the following dialog box is displayed.
This feature can be used to send a report via email to clients. The sender must fill out several fields, such as the sender email address (required), the receiver email address (required), the subject of the email (optional), comments (optional), and choose the report that is going to be attached in the email. The sender can have more than one receiver at a time by filling out the receivers email address in the Send to field. After clicking the Print button, the following dialog box is displayed.
This feature is used to print one or more reports. Information regarding problems printing multi-page reports can be found by selecting the link "click here." The information provided is "A bug has been found in some older versions of Internet Explorer that prevent printing of multi-page documents. If you are experiencing this problem, you will need to print each report individually or upgrade your browser to Internet Explorer 5.5 or higher." After clicking the Help button on the home page, this help document is displayed. After clicking the Tutorial button on the home page, the Introduction Video and Tutorial page will show up. The Introduction Video takes couple minutes to load the video using the Windows Media Player software. To skip the Introduction Video click the "Skip Intro" in the bottom of the page or close the window and the Tutorial page will be in the screen as can be seen in the following figure.
There are two sides in the Tutorial page, menu side (left side) and explanation side (right side). Click on "Talking to Buyers" button in the upper-left side of the menu side. Several menus appears in the left side of the page. Choose one of the menus which has a bullet in front of it. By clicking on it and there will be explanation page in the right side of the page (explanation side). The following example figure appears if "Chart Elements" of "Supply and Demand" in the "Talking to Buyers" menu is chosen.
Click on "Talking to Sellers" button in the upper-left side of the menu side. Several menus appears in the left side of the page. Choose one of the menus which has a bullet in front of it. By clicking on it and there will be explanation page in the right side of the page (explanation side). The following example figure appears if "Chart Purposes" of "Supply and Demand" in the "Talking to Sellers" menu is chosen.
To listen to the explanation voice or dialogue, click play button on the upper-left corner of the explanation side. To pause the explanation voice or dialogue, click pause button on the upper-left corner of the explanation side. To print the text of the explanation voice or dialogue, click "(click here to print the text you are listening to)" in the bottom of the explanation side. It will print the text in .pdf format. Whenever the explanation voice or dialogue finished, there is a blinking instruction in the upper-right corner of the explanation side, "Please choose another category", to choose another menus. This drop down list provides regions or counties that are available in the MLS. Select the region you want for your report. This drop down lists provides locations that are available in the selected region or county. The location fields differ in each region. The location fields consist of community, area, and zip codes. Some of the regions only have community and zip code. Other regions contain all of the location fields. Select one of the communities, or one of the areas, or one of the zip codes to display the report for the selected location(s). This drop down list provides the property types that are available for the report. Select one or more property types you want included in your report. This drop down list provides the listing price range criteria. Select the minimum price and the maximum price for your report. This drop down list provides the 15 months date range choices which is shown in the horizontal axis of the graphic reports. Select one of the periods for your report. After making selections in region or county, location, property type, and price range. Click the "Go" button to display the report. About the For Sale vs. Sold Report The vertical axis represents the number of homes, either closed or for sale in a given time period. The horizontal axis represents the monthly trends and changes measured each month. The drop down list in the top-left corner provides the types of the report. The types of the report are: -> Type 1: For Sale vs. Sold which shows the number of homes for sale and homes sold per month in last 15 months.
-> Type 2: For Sale/Sold/Pending which shows the number of homes for sale, homes pending, and homes sold per month in last 15 months.
-> Type 3: For Sale/Pending which shows the number of homes for sale and homes pending per month in last 15 months.
-> Type 4: Sold/Pending which shows the number of homes pending and homes sold per month in last 15 months.
The light green bar represents the number of homes listed in the specified area for that month and price range. The red line with black triangle marks represents the number of homes pending in the specified area for that month and price range. The dark green bar represents the number of homes that have closed escrow in the specified area for that month and price range. The most recent month's number is preliminary and may be revised in the next month's report. This is to account for closed homes that are reported late. What Does For Sale vs. Sold Report Do? It helps determine the trend of market supply and demand using fifteen months of information. It helps determine whether the current market is a seller or buyer market. It helps determine the minimum length of the listing period. It helps identify which price range the majority of the properties are in, within a given area. It helps focus on where the buyer's activities are and the market condition in those areas. How to Use For Sale vs. Sold Report? Use with Average Price Per Sqft Report to set competitive listing price. Use current inventory level to determine market condition. The current inventory level is derived by dividing the monthly listing number by the monthly sold number. As a rule of thumb, an inventory level of less than three indicates a strong seller market while an inventory level greater than six indicates a buyer's market. A download trend of listing inventory and an upward trend of the number of homes sold indicates the seller is in a better negotiating position. An upward trend of listing inventory and a downward trend of the number of homes sold indicates the buyer is in a better negotiating position. You Should Know The homes sold figures are derived from recorded transactions. Current monthly sold figures might be adjusted upward on the next month's report. This is to account for any closed transactions that are reported late. Average Price per Sqft. Report
About the Average Price per Sqft. Report The vertical axis represents the average price per square foot of closed homes in a given time period. The horizontal axis represents the monthly trends and changes measured each month. The purple bar represents the average price per square foot of the closed homes in the specified area for that month and price range. This report represents the price range of the closed homes. What Does Average Price per Sqft. Report Do? It helps establish the market price for an average home. It helps determine if there is any change in property value for a specific area in a specific price range based on fifteen months of information. How to Use Average Price per Sqft. Report? Use the highest and lowest monthly average price per square foot on the chart to establish the most marketable price range in a specific area. If the home has a larger than normal lot, a special amenity, or is located in an area of social demand, the home price must be adjusted upward. Refer to For Sale vs. Sold Report for the number of homes sold per month. If there are less than five homes sold per month for a specific price range, the average price per square foot might be skewed and is not as useful. In this case, an average of the fifteen month's figures should be used in setting the price. You Should Know The garage area is not included in the square footage price calculation. Individual listings in the MLS system without square foot information are excluded in the average square foot price calculation. This report is not available where reporting of property square footage information is prohibited by the local MLS. Days on Market and Sold/List Price % Report
About the Days on Market and Sold/List Price % Report The vertical axis represents the percentage of the sold price / list price of the homes sold in given time period. It also represents average number of days that the house has been on the market. The horizontal axis represents the monthly trends and changes measured each month. The pink bar represents the average number of days that the sold homes had been on the market as active listings before a legal sales contract has been signed. The dark blue line with the red triangle marks represents the comparison of sold price and list price of the homes sold (sold listings) in percent in the specified area for that month. What Does Days on Market and Sold/List Price % Report Do? This report shows the percentage of sold price / list price at which an equal number of homes are sold above, equal or below the list price. It indicates how long it has taken to sell those homes in the last fifteen months. The percentage of sold price / list price helps identify where the market activity is the strongest. The days on market figure helps establish the minimum listing period. It helps identify the best match for a buyer's price range. How to Use Days on Market and Sold/List Price % Report? If the percentage of sold price / list price is closer to 100 then there are more potential buyers available for the property. If a property's listing period is less than the average days on the market, the listing will have a greater chance of expiring before it is sold. Use this report with out-of-town or relocation buyers to assist then in making their investment decision. Average Price For Sale & Sold Report
About the Average Price For Sale & Sold Report The vertical axis represents the average price of homes that were listed, closed, or expired, in thousands, in a given time period. The horizontal axis represents the monthly trends and changes measured each month. The green line with the square marks is the average price of active homes listed, in thousands, in the specified area for that month. The red line with triangles marks is the average price of homes that have closed escrow, in thousands, in the specified area for that month. What Does Average Price For Sale & Sold Report Do? It helps determine whether the market is a buyer or seller market. If the average listing price and average sold price are the closest, the area has the healthiest market. It helps identify where the softest market is and where the buyer can find the biggest price concessions. It helps determine if there is any change in property value for a specific area based on fifteen months of information. How to Use Average Price For Sale & Sold Report? Refer to For Sale vs. Sold Report for the number of homes sold. If a very expensive or very cheap home has been sold, these statistics can be skewed up or down, and the trend line can fluctuate with less consistency. If the average sold price is below the average listing price, and falling, the market is moving toward a buyers' market. If the average sold price trend is up or above the average listing price, the market is moving toward a sellers' market. There are four kinds of graphic reports which correspond to the report tab selection: Graphic Reports 1: For Sale vs. Sold Report which shows the number of homes for sale and the number of homes sold per month in last 15 months. Graphic Reports 2: Average Price per Sqft. Report which shows the average price per square foot of homes sold in the last 15 months. Graphic Reports 3: Days on Market & Sold/List Price % Report which shows the percentage of sold price / list price and the average days on market of homes sold in last 15 months. Graphic Reports 4: Average Price For Sale & Sold Report which shows the average price of active and sold listings in last 15 months.
About the Table Report The left column (red text) represents the 9 categories that also can be found in the corresponding graphic report. The first row (green text) represents the months of the report. What is the Relation between the Table Report and the Graphic Report? Each graphic report has one or more corresponding rows in the table report. The table report rows represent the values, for the 15 month period, in each corresponding graphic report. The 9 categories :which also can be found in graphic reports are: Category 1: For Sale represents the number of homes for sale (or active listings) per month in last 15 months which also can be found in For Sale vs. Sold graphic report. Category 2: Sold represents the number of homes sold (or sold listings) per month in last 15 months which also can be found in For Sale vs. Sold graphic report.Category 3: Pended represents the number of homes pending (or pending listings) per month in last 15 months which also can be found in For Sale vs. Sold graphic report. To view pending listings, choose the drop down list in top-left corner of For Sale vs. Sold graphic report. Some of MLS areas do not have pending listings. The sample of For Sale/Sold/Pending graphic report can be found in here. Category 4: Months of Inventory Sold represents the comparison of the number of homes for sale (active listings) and the number of homes sold (sold listings) per month in last 15 months. Clicking "Months of Inventory Sold" in this table report will trigger "Months of Inventory Sold" dialog box report. This dialog box can be moved around in the screen by clicking and draging the dialog box to the desired place in the screen and releasing the mouse click. The "Months of Inventory Sold" dialog box looks like below:
Category 5: Months of Inventory Pending represents the comparison of the number of homes for sale (active listings) and the number of homes pending (pending listings) per month in last 15 months. Category 6: Average Active Price represents the average price of active listings per month, in thousands, in last 15 months which also can be found in Average Price For Sale & Sold graphic report. Category 7: Average Sold Price represents the average price of sold listings per month, in thousands, in last 15 months which also can be found in Average Price For Sale & Sold graphic report. Category 8: Average Square Foot Price represents the average price per square foot of homes sold per month in the last 15 months which also can be found in Average Price per Sqft. graphic report. Category 9: Sold/List Difference in % represents the comparison of the sold price and the list price of the sold listings in percentage per month in the last 15 months which also can be found in Days on Market and Sold/List Price % graphic report. Category 10: Days on Market represents the average days of homes for sale (active listings) becoming pending which also can be found in Days on Market and Sold/List Price % graphic report. Category 11: Median Price represents the median price, in thousands, of the sold homes, in last 15 months at which an equal number of homes are sold above or below that price. Median price helps identify where the market activity is the strongest. It helps identify the best match for a buyer's price range. If the property's listing price is closer to the median price then there are more potential buyers available for the property.
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