Do you need training or tips on how to complete reports, export data and more? Check out our helpful training videos below or click here to go to YouTube and see them all.
Effortlessly Support Market Adjustments in Appraisals (New Tool!)
This DataMaster tutorial video demonstrates their new, easy-to-use market adjustment tool. Learn how to quickly support your market adjustments before applying them in your appraisals. The video covers selecting comps, using competing or broad market data, and understanding the impact of adjustments using graphs and sensitivity scores.
Streamline Your Appraisal Reports with DataMaster: Easy Square Footage Reporting Tutorial
Discover how to revolutionize your appraisal assignments with DataMaster in this comprehensive tutorial. Learn the simple and efficient method to report square footage, improving both accuracy and speed in your real estate transactions. Watch as we delve into the features of DataMaster Pro, a tool that enables appraisers to gather essential property data effortlessly, reducing errors and enhancing the quality of their work.
Understand the functionality of the Sales Comparison grid, learn how to select and validate square footage data from various sources, and find out how to integrate your measurements seamlessly into your digital work files and form software. Perfect for appraisers aiming to rank higher in accuracy and efficiency, this video is a must-watch for professionals in the real estate appraisal industry. Thanks for joining us on this DataMaster tutorial, and don’t forget to save your updated data for optimal results!
Simplify Property Data Verification with DataMaster: Quick & Accurate Verification Techniques
Discover the simplicity and efficiency of verifying property data with DataMaster in this detailed tutorial. If you’re an appraiser looking to enhance the accuracy and speed of your reports, this video is a must-watch! We delve into the practical aspects of using the DataMaster Sales Comparison grid, showcasing how to effectively verify data from various sources.
Learn how to utilize the Deeds data for comprehensive verification, understand the significance of ‘No Doc Selected’ fields, and see how easy it is to incorporate verified data into your appraisal reports. Whether you’re dealing with the subject property or comps, DataMaster ensures your data is accurate and credible, helping you to avoid costly errors and expedite real estate transactions. Say goodbye to manual data verification and hello to a streamlined, digital process with DataMaster.
Mastering Data Discrepancies with DataMaster
1. View individual property data discrepancies with ease.
2. Learn how to reconcile data fields in the sales comparison grid.
3. Final review of discrepancies before exporting to your form software.
🌟 KEY FEATURES: – Simple discrepancy identification with color-coded indicators. – One-click data source selection to ensure the accuracy of your reports. – Save preferences in a digital workfile for consistent data handling. – Direct export of selected data into your report software.
Retrospective Appraisals
1. Initiating a new workfile for retrospective analysis.
2. Navigating to the Market Analysis page.
3. Setting the effective date to view past market data.
4. Uploading MLS files and incorporating all statuses for a complete data set.
5. Analyzing the market with DataMaster’s robust tools.
🌟 FEATURE SPOTLIGHT:
– Descriptive analytics with charts and graphs.
– Detailed property listings with key market metrics.
– Customizable data settings for extended analysis.
DataMaster Paired Sales Analysis
1. Introduction to Paired Sales Analysis
2. Identifying Your Subject Property
3. Gathering Comparative MLS Files
4. Conducting the Market Analysis Comparison
5. Utilizing DataMaster for Effective Comparisons
🌟 WHY PAIRED SALES ANALYSIS?
Understanding the value impact of different property characteristics is crucial for accurate appraisals. This tutorial simplifies the process, teaching you to compare properties with and without specific features, such as garages, using DataMaster’s advanced tools.
💼 STEP-BY-STEP GUIDE:
– Selecting the appropriate MLS files for comparison.
– Analyzing the market for properties with one-car garages versus no garages.
– Interpreting median sale price differences and trend changes.
– Calculating adjustments and integrating findings into your workfile.
DataMaster Neighborhood Analysis
1. View Competing Market Information
2. Analyzing and Choosing Market Trends
3. Viewing Competing Market Graphs
4. Importing Broad Market (Neighborhood) Data
5. Selecting Descriptive Graphs to Export to Your Form Software
🌟 IMPORTANCE OF BROAD MARKET ANALYSIS
Analyzing the broad market provides insights into the value of a property. Broad Market Analysis is a mandatory analysis according to FHA and must be compared to the competing market.
DataMaster’s Broad Market Analysis usees our unparalleled property data access to give a complete view of a property and allows appraisers to spend more time analyzing characteristics and less time typing data.