Saturday, July 11, 2015

Homequant Announces Major Enhancement to 30-Sec HomeValu


ENHANCEMENT

Since the introduction of the 30-second HomeValu system three weeks ago, we have made a significant enhancement to the Building size field, which was previously left blank for the users to input the actual subject value. Now, the field comes pre-filled with the Median for the Zip Code selected. In other words, as soon as a Zip Code is selected by the user, the Median for that Zip Code will appear, providing a meaningful starting point as well as a research base for our users. Needless to say, the default Zip-wise Median can always be overridden with a different value. 


NAVIGATING 30-Second HomeValu

The 30-Second HomeValu application is now accessible from all three of our portals -  Homequant, Town Analyst and LocValu. Here are the respective links:

http://www.homequant.com/
http://www.townanalyst.com/ 
http://locvalu.com/ 

Once you access a portal, click on the Gold button at the top of the homepage and follow the prompt. Again, all you need is the Zip Code of the subject and its Building Size if it (meaningfully) differs from the Zip-wise Median SF.


PRESS RELEASE

http://prlog.org/12474371

PRLog - July 11, 2015 - ORLANDO, Fla. -- Since the introduction of the 30-second HomeValu system three weeks ago, Homequant has made a significant enhancement to the Building size field, which was previously left blank for the users to input the actual subject value. Now, the field comes pre-filled with the Median for the Zip Code selected. In other words, as soon as a Zip Code is selected by the user, the Median for that Zip Code will appear, providing a meaningful starting point as well as a research base for their users. Needless to say, the default Zip-wise Median can always be overridden with a different value.

The 30-Second HomeValu system, unlike Homequant, requires neither any upfront knowledge of the local housing market nor the picking of a set of comps contributing to the subject value. While users will be accessing the system off of the Homequant homepage, its presence has been made adequately conspicuous by a separate blinking gold button bearing the name.

Again, in order to value a subject in this system, all one needs to know is the Zip Code where the subject is located and the actual building size if it does not align well with the Zip-wise Median. Of course, if the subject comprises of any of the four additional (“More” button) characteristics and/or upgrades – significant waterfront, in-ground pool, central air conditioning and recent renovation – the user will receive a more accurate value upon enablement (though the base value will be retained on the screen for comparison).

The 30-Second HomeValu system is not only an excellent market knowledge tool for current and future homeowners, but is also great for loan officers, appraisers, assessors, analysts and brokers needing a “first look” valuation. It’s great for appraisal reviewers and hearing officers as a quick “visual review” tool. It’s ideal for homeowners to get a second opinion to challenge over-assessments. Unlike BPO, it’s backed by a sophisticated research base.

Help is always right there next to the input fields. Hovering the cursor over the ‘?’ next to the input fields will provide the necessary guidance. Of course, everything is still in plain English, presented in an easy-to-understand format, without the usual appraisal jargon. And it’s all free and requires no registration or login whatsoever.

People on-the-go will find HomeValu Mobile Apps – coming soon – extremely useful. Download links will be available on the Homequant site.

The President of Homequant recently explained this addition to their product suite: “With the launch of 30-Second HomeValu we are adding an excellent takeout option to the free home valuation space. I have no doubt that it will provide a meaningful first look into the subject valuation. Of course, for those who need a full comps-based workup or more insight into neighborhoods or value of location, then Homequant, Town Analyst and LocValu portals are always there.”

If you’d like more information about their websites, or to schedule an interview, please email Homequant at: contact@homequant.com


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