A new tool from real estate technology video developer VScreen allows brokers to present fully automated, branded monthly residential real estate market analysis videos for specific ZIP codes, neighborhoods and cities, on their websites, social media platforms and YouTube. (See a sample video here).

Editor’s note: This story has been updated to clarify the Market Video tool’s price. The service costs $1,500 a month, but is available now at an introductory rate of $1,000 a month.

A new tool from real estate video technology firm VScreen allows brokers to present fully automated, branded monthly residential real estate market analysis videos for specific ZIP codes, neighborhoods and cities, on their websites, social media platforms and YouTube.

With data sourced from a broker’s multiple listing service via real estate technology firm Terradatum, the sub-90-second videos, complete with animated graphs and computer-generated voiceover, cover five elements of a local real estate market:

  • Number of active listings for the most recent month with comparisons to those of the previous month and year.
  • Median list price for the most recent month and previous month.
  • Average number of days of for-sale homes on the market for the month with a comparison to the previous year.
  • Median sale price with year-over-year comparisons.
  • Number of units sold with month-over-month and year-over-year comparisons.

Screen shot of VScreen market video (see sample video here).

The service takes about three weeks to set up, said VScreen CEO Stephen Schweickart, but once it’s established, the videos’ codes auto-regenerate, updating automatically each month. The tool can generate videos for market areas however they are designated by individual MLSs, including neighborhood, ZIP code, city, and MLS area.

Although an agent version is in development, currently the tool, which costs $1,500 a month — with an introductory price of $1,000 a month — for up to 50 videos, is exclusively for brokers and distributed and sold by Terradatum.

Brokerages currently using the service include Pacific Union International, Houlihan Lawrence and Prudential Texas Properties.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription