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Tool creates market videos from MLS data

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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 s...