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Midwest Real Estate Data can now to be accessed with new tools

Midwest Real Estate Data can now to be accessed with new tools
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10K Research and Marketing is a research firm which would soon supply an interactive housing market analytics tool to MRED members. License agreement between both the companies has been established. The analytic tool will allow the users of the tool to create customized charts using the MRED data. The charts would have standard data points in them for effective access to the data.

The data points such as average days on market, median sales prices, homes for sale, pending sales; monthly supply of incentives along with different categories of filter criteria is being added to the tool. Filtering of data using price range, zip code, distressed vs. traditional sales and property type can be made use of to get the data working effectively for analysis.

Mr. Bergeron, CEO of MRED said that it would bring more business to the company when the tool is used by many MRED members. He also stated that to do better business it is a must to have better understanding of the local market and effective communication to get the pre-requisites is a must.

Since the consumer has access to the information quickly than it was ever before, it is always better to have a good understanding of the consumer and absorb quickly. It would help in building better relationships as well. The tool is expected to go live in August. CoreLogic rivals are in negotiation with MRED for a feed listings data to Core Logic’s Partner Infonet program.

 

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About James Pattric

James writes for the Residential category (along with Josh Johnson) and also heads up the Resources category.

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