Market Analysis and Automation Tool
UPDATE 3/10/2015 TRENDSHEET 4 released:
Based upon appraiser feedback, we have created a new product called TrendSheet 4 (click here to go to TrendSheet 4's page) which includes the following features in addition to those described further below (these additional features are only available in Trendsheet 4):
- Concession trends including percentage of sales with concessions & median concession contribution.
- Price per square foot, average sales price, median sales price, non-distressed sale, and distressed sale trends over the past two years (quarterly).
- Livable area, lot size, and year built (quarterly).
- All 1004MC categories broken out so you can seem them by quarter or using the 1004MC time periods (6 months, 3 months, 3 months).
- Many additional graphs for both competing properties and the entire neighborhood.
- Adjustment indicators based upon aggregate differences, paired sales analysis, and sensitivity analysis for GLA, lot size, age, bedrooms, bathrooms, vehicle storage, stories, and swimming pools (only works with a la mode's TOTAL software).
- Tool to calculate a value conclusion from the sales comparison approach based upon user-defined weighting and the appraiser's sales grid (only works with a la mode's TOTAL software).
We are working to update all current coverage areas to the new version of TrendSheet 4 but we estimate this could take between three and four months to complete the conversion of all markets.
ONE TIME COST - NO SUBSCRIPTION FEES, ANNUAL FEES, MONTHLY FEES, ETC.
YOU BUY A COPY OF TRENDSHEET AND YOU OWN THAT COPY OF TRENDSHEET
USE IT AS MUCH AS YOU WANT FOR AS LONG AS YOU WANT
TrendSheet is a market analysis spreadsheet designed for residential real estate appraisers that works with any form-filler (most features). It can either be integrated into a la mode's TOTAL appraisal software or it can be used as a stand-alone spreadsheet if you use any other form-filling software. In order to provide accurate calculations for competing properties and the defined neighborhood, TrendSheet utilizes the data you export from your own MLS system.
There are a lot of included features within TrendSheet and below is a brief summary of those features but you can find a detailed list of TrendSheet's benefits by going to the Detailed Overview page.
Click here to see what other appraisers are saying about TrendSheet.
Save Time, Reduce Typing Errors, and Increase Consistency
TrendSheet automatically calculates and transfers your 1004MC numerical data to your appraisal form and the data at the top of page 2 of your form (page 3 for a condo). It can also be customized to automatically transfer any other data to your appraisal form as well. *This feature only works with a la mode's TOTAL software.
Greater Understanding of Competing Data and Neighborhood Data
In addition to calculating your 1004MC data, TrendSheet provides many other metrics for both competing properties and the entire neighborhood including a section on aggregate differences between certain property characteristics to assist with appraisal adjustments (see the TrendSheet Detailed Overview page for the extensive list).
TrendSheet has been tested extensively since December 2013 by myself and with the help of other, very charitable, appraisers throughout the country.
Unlocked and Unlimited
TrendSheet is a fully customizable spreadsheet that has not been locked in any way, allowing you to modify it in any way you see fit (i.e. alter formulas, add your own calculations, etc). The purchase of TrendSheet also includes a license to use it on all of the devices that you personally use (e.g. your PC, laptop, tablet, etc.) and since there are no subscription fees it includes unlimited use for life.
***Over time, our goal is to add features to TrendSheet that are based upon appraiser feedback which is exactly what happened with TrendSheet 4, our newest version of TrendSheet. When a new version is released, users will have the option of either continuing to use their current version at no additional cost or they can purchase the newest version to receive all the new features (your old version will continue to work whether you purchase the new version or not). We will make videos showing the new features so you know exactly what you're getting prior to purchasing.
Visit our YouTube channel for videos detailing the features of TrendSheet and how to use it or you can go to our Requirements & Instructions page for more details on how to use TrendSheet. You can also go to our Coverage Areas page and click on your area and MLS system at the bottom of the page in order to get details on creating the custom export/grid you'll need for TrendSheet to work.
**In certain areas TrendSheet may not function correctly for condominiums. This is typically the case in MLS systems that have a completely separate search for condos where features and fields are not the same as typical single-family properties. We are aware of only one system in our coverage area where this is a problem and we have created special instructions to create a custom condo export so that TrendSheet will still function.