Property valuation -- RE/MAX style

SAN FRANCISCO -- The RE/MAX Georgia Web site, at www.remax-georgia.com, is the testing grounds for RE/MAX property valuation tools that will soon go nationwide.

Marnie Blanco, vice president of eBusiness for RE/MAX International Inc., said during the Real Estate Connect conference in San Francisco today that the new online tools, which could be available nationally within a few weeks, may help draw more home sellers to RE/MAX Web sites.

The company's Neighborhood Valuation tools are in Beta testing at the Georgia Web site.

Users can plug in and address to view recent sales of comparable homes. The new tools include a Google-based map that plots the location of recently sold homes and provides basic data about the properties, such as the number of bedrooms and bathrooms, the square footage, date of construction and the recent sales price.

A sample online report states, "Your RE/MAX Neighborhood Valuation report shows you: How recent home sales affect your homes value; how your neighborhood stacks up against nearby neighborhoods;" and "what you can do to help sell your home."

There is already a lot of company for online valuation services -- sites like Zillow.com, RealEstateABC.com, Reply.com, Cyberhomes.com, Realtor.com and Eppraisal.com are among a long list of sites that also offer valuation tools.

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