We have yet to scratch the surface of what RBI is planning to offer our subscribers in the near future. We are currently developing our Advanced and Premium products, which are targeted to hit the market by the end of the summer. These products will enable subscribers to become the StatMasters for their market domain, with the peace of mind that the analysis they take in and present to others is backed by accurate data coming directly from the MRIS system.
What's next...
Stats, Stats, and More (Interactive) Stats
Our data folks are working hard in the Nerdery to build out a data warehouse and front-end application that will empower subscribers to derive custom stats, specific to the geography of interest at an individual level, that can be manipulated and repurposed to suit any Realtor/Broker’s business needs.
Example Stats
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Number of Active/Sold/Pending Units
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Average Days on Market
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Average List Price
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Average Sold Price
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Total $ Volume
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Sold Price to List Price Average
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Average Price per Square Foot
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Average Price per Lot Size Acreage
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Average SqFt per Listing
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…and more
Example Segments
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By Zip Code
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By County
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By Region
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By Number of Bathrooms
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By Number of Bedrooms
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By Asking Price Range
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By DOM Range
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...and more.
Example Business Intelligence Scenarios
The core statistics will be interesting in their own right, and we hope you’ll be impressed with the ease with which they can be found and pulled, but our aim is to empower our subscribers to take their market knowledge to the next level - becoming the StatMaster for any given location and home segment. Imagine approaching a prospective buyer/seller/agent with the following data in your back pocket (or more likely, embedded on your branded online/offline marketing collateral):
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The YoY Percent Increase in Asking Price to Sold Price Ratio for Montgomery County Detached Homes
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The Average DOM over the past 12 months of Townhouses in 20152 compared to Single-Family Homes
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The Average Square Feet for Townhouses priced between 250-300k vs. 300-350k in Ashburn
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A graph comparing the monthly Average Sold Price for 3 BR homes in Damascus vs. Gaithersburg vs. Washington Grove over the past 5 years
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The Average Square Feet for Townhouses priced between 250-300k vs. 300-350k in Ashburn
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The Average Age of Homes for Sale in Baltimore City, by quarterly increment, over the past 10 years.
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A graph comparing the Avg Square Foot per listing in South Riding against the Loudoun and Northern Virginia regional averages
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A heat map enabling the visualization of the Sales Totals per zip code in Loudoun county over the past year
The amount of data visualizations will be endless, you may find yourself interacting with our application for hours just for the sheer joy of exploration!
What Else is in the Works?
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Sign up for personally-branded reports that will blow away what your non-RBIntelligized competition is providing at their open houses and client meetings
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Build personally-branded reports outlining local trends with customized Stats/Segments. You define the parameters, we'll provide the content!
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Create personalized dashboards for a quick glance at your local market trends
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Embed dynamic widgets and historical charts on your website
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Define your market area, aggregating stats for a custom polygon that you define is yours
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View heat maps comparing stats at varying levels of geo-granularity
We expect this list to grow as outreach efforts to the MRIS community continue, email Corey Hart at Corey@RBIntel.com to suggest features and/or participate in upcoming focus groups.
