ExclusiveTechnology

What’s my home worth? Realtor.com’s ‘My Home’ has answers

Using My Home, agents can begin discussions on the benefits of selling in today’s tight market, the company said
  • Realtor.com has added a new feature to help homeowners manage their investment more effectively.

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Realtor.com today announced a new feature to address the increasing number of homeowners who are staying put longer than they used to. 'My Home' homepage The new "My Home" feature coming to realtor.com's desktop and mobile sites is designed to give homeowners the tools and information they need to assemble an overall view of their home's value. In competition with rival Zillow and its Zestimate offering, My Home offers up an estimated home value via an automated valuation model generated by CoreLogic, an AVM typically used by financial institutions. 'My Home' equity insights Insights delivered via My Home include equity; financing options; a home value estimate; neighborhood activity; and trends such as average market rental prices in the area and ideas for potential home improvement projects. 'My Home' home value dashboard In 1985, 10 percent of all homeowners were recent movers; that had dropped to 5 percent in 2015. With more equity in their property, it's i...