CRS Data (Courthouse Retrieval System)

Tailor Your Message and Impress Your Clients with RPR's Commercial AI ScriptWriter
Commercial real estate can be complicated. And even though you have the experience and a deep understanding of the nuances of the market and the industry, it can still be difficult to explain all those details and numbers to your clients. Thanks to RPR (Realtors Property Resource), it's time to impress and not stress! Introducing RPR's Commercial AI ScriptWriter. This easy-to-use, data-focused tool will give you an instant edge and help you quickly tailor insights to match your audience. Whether it's a pitch outline for a city planner, a one-pager explaining the area to a prospective tenant, or a deep-dive report for an investor — it's all at your fingertips and in your hands in seconds. The brains behind the RPR Commercial AI ScriptWriter Before we get to the how-to on using the Commercial AI ScriptWriter, we want you to know a little background on what went into creating it for our commercial and resimercial users. RPR prides itself on providing a laundry list of data-based features for today's commercial real estate specialists, including Site Selection tools, Trade Area Reports, ROI analytics, traffic data counts, POI mapping research, commercial comps and more. In particular, RPR's comprehensive commercial trade area data enables REALTORS® to generate detailed summaries of demographics, economics and tapestry segments for specific areas. This breakdown includes a thorough analysis of community characteristics and residents' spending habits. After receiving feedback, it was evident that agents highly value the commercial trade area data provided by RPR. They appreciate the abundance of information available to them without any additional costs. And for the record, RPR sources much of this data from Esri, a leading provider in the industry, whose data is highly sought after by Fortune 500 companies at significant costs. And yet, even with all these great resources, REALTORS® who practice commercial real estate have expressed a challenge in finding the time to sift through the extensive data and tailor it to different client types, such as Economic Development Councils, City Planners, tenants, building owners and investors. Additionally, they struggle to adjust the tone and presentation to suit the unique preferences and relationships with each client. This process of customization takes considerable time and effort, especially when catering to clients with diverse personalities and varying levels of communication styles. Addressing these individual client needs and preferences takes a lot of effort and can be a huge time-eater. Enhance your pitch with RPR's Commercial AI ScriptWriter Enter the RPR Commercial AI ScriptWriter! This AI-powered, generative tool rapidly sorts through the robust commercial trade area datasets including population characteristics (i.e., daytime population vs. residents), income (i.e., average household income), housing (median estimated home), spending habits (i.e., high-end wine), and much more. And then it offers real estate professionals a streamlined approach to creating different formats for presenting the information, depending on the audience and the goal. With RPR's Commercial AI ScriptWriter, users have the following formats that are customizable by audience (i.e., city planner), tone (engaging), and data inclusion (i.e., population stats): Presentation outline/direction: Lay-out for a pitch session. One pager: Quick explainer piece that narrates the landscape. Detailed report: Deeper understanding of an area that can be presented to more data-driven clients or used as the foundation for a feature article to illustrate market knowledge. How to find and use RPR's Commercial AI ScriptWriter To find the Commercial AI ScriptWriter, you'll need to locate the Trade Area Information page in RPR. There are several ways to do this, but one way is through the Property Details. Simply type in an address or area and search for your property. Then select Trade Area. On the upper right of the Attribute Summary, select Create Script. Now is the fun part! You can tailor your content by selecting: Tone: Select the tone that matches your style. Audience: Select your target audience: City Planners, Business Owners, Tenants or Investors. Data Points: Select essential data points that resonate with your clients. Now, choose your output format: One-pager: A concise explainer that captures the essence of the area. Detailed Report: This gives a deeper understanding of an area for data-driven clients or as the foundation for a thought-leadership article. Presentation outline: This is an outline for a pitch session. Another game-changing, data-focused tool from RPR Analyzing market demand, understanding consumer behavior, and identifying target markets for clients just became much easier thanks to RPR's new Commercial AI ScriptWriter. This informative content machine effectively showcases detailed insights into the demographic and socioeconomic characteristics of different areas, while freeing you up to focus on other tasks and areas of your business. RPR's Commercial AI ScriptWriter saves you hours, tailors reports for any client and helps you inspire client confidence. Take it for a spin today! To view the original article, visit the RPR

Relitix's Agent Movement Index Reports Subtle Shifts in Real Estate Agent Dynamics through March 2024
The latest findings from Relitix's Agent Movement Index™ (AMI) for March 2024 reveal a nuanced landscape in the real estate sector, with shifts in agent activities suggesting stabilizing and evolving market conditions. Key highlights from this month's AMI show that the decline in the number of active agents, those with a closing in the past year, has plateaued. This stabilization is possibly linked to a resurgence in property sales, hinting at a more buoyant market ahead. Moreover, the AMI reveals an upward trend in agents switching between brokerages, though the expected peak for March fell short of previous highs, the overall trend continues generally upward. The broader impact of the National Association of Realtors (NAR) settlement is still unfolding. Agents are yet to fully adjust to these changes, with upcoming months likely to clarify whether agents will prefer stability or seek new opportunities amidst shifting industry dynamics. Rob Keefe, Founder of Relitix, commented on the findings, stating, "This month's data suggests that while the agent market has faced considerable flux, there's now signs of emerging stability. We're closely monitoring how these changes affect agent decisions, especially in light of recent industry-wide shifts." The AMI, a robust measure of agent movement dynamics, is calculated from extensive national data drawn from major MLS systems and is released monthly. It includes both raw monthly figures and seasonally adjusted data to provide a clear view of underlying trends. March's report saw the AMI reaching a score of 114.6, with the seasonally adjusted figure slightly lower at 122.3, reflecting ongoing adjustments in the market. These metrics serve as critical indicators for brokerage firms and real estate professionals looking to navigate the ever-evolving real estate landscape. Trends in the relative movement of experienced real estate agents between brokerages are an important strategic consideration for brokerage and franchise leaders. The relative amount of movement fluctuates over time on a seasonal and long-term basis. To capture these trends and report them to the industry Relitix is proud to introduce its Agent Movement Index™. The AMI is published monthly and features monthly and seasonally adjusted, and 12-trailing-month values. The index is calculated using national-level data from a large sample of the nation's most prominent MLS

Crunching the Numbers: What Q1 2024 Can Tell Us About the Months to Come
The first three months of 2024 have come and gone, marked by increasing numbers across North American markets — and a surge in optimism to match. Let's have a look at the numbers: Numbers on the rise When comparing the beginning of 2024 with 2023, we're seeing more increases than decreases — in fact, across nearly all categories, there's been growth. We've seen a subtle increase in listings under contract — as subtle as 0.5% — alongside a 7.5% increase in inventory, and an 8.1% increase in new listings. Less subtle is the 32.2% increase in off market listings, a category in which we've seen continued growth over the course of the market's most recent years. Our only reduction when comparing this quarter to last year's is in listings sold, which saw a decrease of 4.2%. What this tells us about the rest of 2024 As mentioned, this is hardly the first time we've seen an increase in off-market listings in recent years — in fact, we often find it to have the most substantial increase across all categories. While there are many reasons that sellers and buyers are pursuing off-market options, it's as important to understand as it is to take action. To view the original article, visit the Lone Wolf