Special offer

RPR added openai tool for Realtors

By
Managing Real Estate Broker with ERA American Real Estate

You might of not seen it and I posted previously about it here https://activerain.com/blogsview/5793386/have-you-tried-out-openai-try-this 

The tool in that post example at above link I talked about how you could use it and the post is highlighting the example of using the tool through RPR with little effort in under 2 minutes a couple clicks with no coding needed.

They give you a step by step to make it not confusing I just showed the social media post example they call "social campaign" this post below is the example of a mailout to a seller that was generated by RPR under the selection of "analyze metrics" and picking "tone professional" along with "audience" being seller. 

 

Dear Sellers,

As a real estate professional, it is important to keep you informed about the latest market trends and metrics that can impact the sale of your property. In this analysis, we will be exploring the correlation between several real estate metrics to help you better understand the current state of the market.

Firstly, let's consider the Months Supply of Inventory, which is currently at 6.24. This metric reflects the number of months it would take to sell all available homes on the market at the current pace of sales. A lower number typically indicates a seller's market, while a higher number indicates a buyer's market.

In contrast, the 12-Month Change in Months of Inventory is currently at +161.09%, which means that the supply of homes has increased significantly over the past year. This may indicate a shift towards a buyer's market, where there are more homes available than there are buyers.

Another important metric to consider is the Median Days Homes are On the Market, which is currently at 61. This indicates the average number of days that homes are listed before they are sold. A lower number typically indicates a seller's market where homes are selling quickly, while a higher number indicates a buyer's market where homes may take longer to sell.

It is worth noting that despite the increase in supply, the List to Sold Price Percentage is currently at 95.8%. This means that homes are selling for almost their full asking price, which is great news for sellers. Additionally, the Median Sold Price is currently at $1,197,000, which is a strong indication that the market is still performing well.

In conclusion, while the increase in supply may indicate a shift towards a buyer's market, the current metrics suggest that it is still a good time to sell. Homes are selling quickly, and for almost their full asking price, which is great news for sellers. As always, it is important to work with a professional real estate agent who can help you navigate the market and achieve the best possible outcome for your property.

Thank you for your attention, and please don't hesitate to contact us if you have any questions or would like further information.

Best regards,

[Your Name]

Posted by

Brandon Jordan, Realtor,E-PRO,ERA American Real Estate
 

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Now you can like my business page on Facebook or find me on other socials with the Linktree QR code below just scan with your phone to find all of my links.

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View Brandon Jordan's profile on LinkedIn

Certified E-Pro™ Realtor Short Sale and Foreclosure Certified ERA Distinctive Properties Specialist
At Home With Diversity Certified
Brandon Jordan 
Sr Vice President
ERA American Real Estate
Cell- (850)-758-1236
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Comments(2)

Joseph Domino 480-390-6011
HomeSmart - Scottsdale, AZ
Real Estate Made Easy

Thanks, this is useful information.

Jun 19, 2023 12:42 PM
Brandon Jordan

Thank you for checking out the post and comment, I am glad that NAR is on the ball with this updated tech. 

Jun 21, 2023 10:01 AM
Charles Ross - eXp Realty LLC
eXp Realty LLC Salina Group - Salina, KS
Love To Help People

Excellent post.Thank you for sharing. Have a wonderful day and a blessed week.

Jun 20, 2023 05:15 AM
Brandon Jordan

Thank you for checking out the post and comment. Hope you get to try it out. 

Jun 21, 2023 10:01 AM