Need a sharp way to explain the state of the market to clients? Or better yet, explain the market of a particular geographical area? And what if you could choose a certain time frame, too? Look no further–a custom Market Summary from a drawn shape can do just that.
A custom Market Summary generates six graphs that illustrate trends in a geographical area during a particular time frame. The graphs depict trends such as Number of Listings, Listing Prices, Absorption Rate in Months, Sold to List Ratio, Days on Market and Price Volume.
Creating a Custom Market Summary Report
Start by creating a custom Map Overlay of the geographical you want to target. Then, from the Flexmls Menu, search for Market Summary.
From the Market Summary page, click the Customize button at the top right.
Click in the New Location box and select a custom Map Overlay from the My Map Overlays section.
Select a Report Date and Property Type. Click the Search button.
Last but not least, print or email this custom Market Summary to your client!