Wednesday, August 26, 2015

Homequant Grows Again, Expands Into 60 Major Markets


ORLANDO, Fla.
- Aug. 26, 2015 - PRLog -- Homequant.com, the inventor of valuing user-defined subjects with actual comparable sales, is pleased to announce the expansion of its coverage from 30 to 60 major markets. Additionally, this expansion has been more broad-based, extending it to its two subsidiary portals – LocValu and TownAnalyst – as well as its on-the-fly home value solution, 30-Second HomeValu.

The new coverage includes Austin, Bergen County (NJ), Cambridge, Columbus, Fort Worth, Hartford, Indianapolis, Memphis, Middlesex County (NJ), Milwaukee, Oakland, Pittsburg, Pontiac, Raleigh, Riverside, Sacramento, San Antonio, San Bernardino, San Jose, St. Petersburg and Tucson, to name a few. Since Homequant defines its major markets by the county as a whole, certain counties may cover more than one major city.

Instead of offering outdated and frozen model-driven values, Homequant.com empowers its users with an innovative yet totally self-directed comparable sales system, with numerous advanced features like comp matching, size and time adjustments, multiple ranking options, professional-
looking valuation grid, percentile curve valuation analysis, and more. The system incorporates a spatial interface, allowing seamless swapping of comps right on the map. It even allows different valuation dates – current, forward and backward – aiding a diverse audience.

Homequant.com is not only an excellent market knowledge tool for the current and future homeowners, but is also great for appraisers, assessors, analysts and brokers needing quick validation of their existing values. It’s great for appraisal reviewers and hearing officers as a QC/review tool. Needless to say, it’s perfect for mortgage professionals needing a “first look” valuation. Unlike econometric AVMs, it provides total transparency. Unlike BPOs, it’s backed by a sophisticated valuation system.

As usual, everything is 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 Homequant’s mobile apps – for both Android and iPhone – extremely useful. Downloadable links are available on their site.

The President of Homequant recently explained the Homequant invention, “There are roughly 90 million single family homes in the US and, on average, 3% (annually) sells. By inventing the concept of the simulated subject, we are able to value those 97% unsold properties by storing only the 3% sold data. The home valuation industry has started to recognize the significance of our invention. The combination of Homequant, 30-Sec, TownAnalyst and LocValu is revolutionizing the free home valuation industry.”

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


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