Real Estate Investar Training

How do I reconcile rental payments?

info@realestateinvestar.com.au (Real Estate Investar Editor) — Mon, 27 Nov 2017 04:29:02 GMT

Once rent is showing in your bank feeds, to reconcile the income and account for any expenses that have been taken by your Property Manager please follow the below steps.

Before you start, have a copy of your rental statement with you as it will make it easier to process.

How do I run a Grid Variance Analysis?

info@realestateinvestar.com.au (Real Estate Investar Editor) — Thu, 23 Nov 2017 03:31:21 GMT

A Grid Variance Analysis is the process where you break down the numbers of a suburb to identify the Sold and/or For Sale numbers into low, mid and high price ranges. This is a great method in identifying suburbs where there are big price gaps between the low to middle and middle to high where renovations or development can result in the best financial return.

How is the valuation estimate generated?

info@realestateinvestar.com.au (Real Estate Investar Editor) — Thu, 09 Nov 2017 03:29:28 GMT

The Valuation Estimate that is provided in the Property Report under My Valuer/My Research is provided by Pricefinder and is calculated based on the following criteria:

Most recent sale date/price for the property (Pricefinder define recent as within the last 2-3 years).
Analysis of sales from local neighbourhood.
Similarity (type of property, no. of bedrooms, land size etc.) of neighbouring property sales to the target property (within 1km radius).
Only Sold properties contribute to the estimate, no listing data is used.

The confidence score indicates how likely the valuation estimate generated is accurate based on the availaiblity of comparable sales data.

Desktop valuation estimates should be used a guide/estimate only and further research should be conducted. Please note the the below list of items are examples of other variables that are not factored in to the price estimate:

Age of property.
Quaility of fixtures and finishes.
Pre or post renovated.
Location within the suburb (i.e. waterfront).
Proximity to infrastructure and amenities (i.e. next to a cemetery or powerlines).
Prone to flooding.

How do I save or delete a property from my Watchlist?

info@realestateinvestar.com.au (Real Estate Investar Editor) — Wed, 08 Nov 2017 23:12:32 GMT

To save a property in to your Watchlist:

How do I generate an estimated valuation in My Valuer/My Research?

info@realestateinvestar.com.au (Real Estate Investar Editor) — Wed, 11 Jan 2017 01:41:49 GMT

To generate a valuation estimate:

What is a Moving Average?

info@realestateinvestar.com.au (Real Estate Investar Editor) — Wed, 11 Jan 2017 01:24:40 GMT

This can be found in the Sales & Growth Chart

A moving average is a set of numbers, each of which is the average of the corresponding subset of a larger set of datum points.

A 3-month moving average forecasts an accurate representation of what the median price will be for the coming month based on the last 3 months.

What is the accuracy and timely input of data in to My Valuer/My Research?

info@realestateinvestar.com.au (Real Estate Investar Editor) — Wed, 11 Jan 2017 01:16:02 GMT

Auction Results

How do I search by an address to order a Property Report?

info@realestateinvestar.com.au (Real Estate Investar Editor) — Wed, 11 Jan 2017 01:03:56 GMT

A Property Report will provide:

How do I run a rentals report for a suburb?

info@realestateinvestar.com.au (Real Estate Investar Editor) — Tue, 10 Jan 2017 06:16:02 GMT

The Rentals Report will identify properties based on your criteria that are currently for rent and rented. It will provide:

How do I access the interactive mapping tool?

emily.john@realestateinvestar.com.au (Emily John) — Tue, 10 Jan 2017 05:39:17 GMT

Click on My Valuer/My Research.
Order a Property Report.
Click on the "Property Map icon" on the top right corner of the photo.

4. The interactive mapping tool will launch on screen. On the right hand side you can activate "Property Shading" and see properties that have either Sold, For Sale or For Rent.