The home value report is an automated monthly digest sent to your clients to help them better understand, leverage, and grow their equity - positioning you as their go-to home wealth expert.
Take a quick tour of the home value report in this video -
Where the data comes from
AUTOMATED HOME VALUE (AVM)
Homebot leverages Black Knight’s data and public record data to estimate home value. The values do not account for home renovations or updates. If the homeowner has added additional living space it will not be reflected in the estimated AVM value.
Learn more about Black Knight and how we use their data here.
MARKET TEMPERATURE + AVERAGES
We use a third-party data provider called Altos Research. Altos provides active housing market data for 20,000+ local markets.
Loan information can be pulled from public record or can be included upon import. Learn more about importing closed loan details here.
REFI RATES + ELIGIBILITY
Every Thursday, Homebot rounds up (an 1/8th + 1/8th point) Freddie Mac averages to provide conservative estimated rates. Since the rates are estimated, your client's are encouraged to reach out to you to learn more about their options.
Homeowners will only see refi opportunities if they have not had a refi in the past 6 months.