New rbiEXPERT Release

We are happy to announce exciting changes to rbiEXPERT.

What's Changed?

• Introducing Market Gauges.  We've added nifty gauges that compare the most recent monthly indicators against their 5-year average, 5-year maximum and 5-year minimum for that month.
• Interactive Charts Update. Tooltips, the magic boxes that show up when you mouse over a chart, now include the year-over-year change figures. While it might seem like a small tweak, we think this will be a big hit. No need to do the rough calculation in your head or get out your calculator, just look at the "magic box".
• Page Redesign. The page layout has been enhanced to streamline the user experience, including changes to the legacy map and location list feature.

Market Gauges

Why are they awesome?

They provide market knowledge in no time (well, in a few seconds). Our customers rave about the custom trends available via our game-changing Interactive Charts. Interactive Charts remain the best research tool every time you are discussing listing-specific market trends with a client or adding custom graphs to your website. But sometimes you just need to answer the general question: "How's the Market?" and don't want to dive too far into the weeds. The Local Market Insight Report and Year-to-Date Detailed Reports are obvious go-to tools, but Market Gauges provide an even faster way to put the most recent trends in perspective.

Looks neat, but how do I interpret an RBI market gauge?

The illustration below explains everything you can learn through the components of a single gauge:

Which metrics have Market Gauges?

• New Listings
• Active Listings
• New Pendings
• Closed Sales
• Median Sale Price
• Average Sale Price
• Average Sale to Original List Price Ratio
• Median Days on Market
• Average Days on Market
• Average Sale $/Sqft

Interactive Charts Enhancement

Users can now see the important year-over-year change (the % change from the same month in the prior year) when hovering over any given point on the chart.  This lets you quickly determine whether the trend is up or down without having to find the applicable data point from last year.  Trust us, it'll make for more informative conversations with your buyers and sellers as you're reviewing a local ZIP code's market health!

Page Redesign

We've redesigned the layout of our Statistics page in rbiEXPERT. We've streamlined it such that you can get general trends quickly ("Are homes selling quickly, and is that normal?") up top and more specific trends ("What's the average sale price for a 1,600 to 1,800 square foot home around here?") as you move down the page. The map has been removed, as customer feedback indicated the map itself was of nominal use, though the sortable "locations list" definitely comes in handy. Thus, the location list (sans map) was moved to a new "Explore" tab, which will have more metrics in later releases. By removing the vertical space previously taken up by the map, RBI's most popular features -  Interactive Charts and Reports - have moved up the page and save a few seconds worth of scrolling. Giving the Location Lists their own tab also lets users sort and view the complete list without the secondary scroll bar required when the list was next to the map.