Announcing the Reali PricePredictor™: Your Key to Winning the Home You Want

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• Reali App Expands with Innovative PricePredictor™ Tool •

Today we are announcing the launch of the Reali PricePredictor™, a new AI-powered tool that predicts the probability of placing a winning offer on a home.

Reali, a real estate technology company transforming home-buying and selling, today announces the release of an AI-powered tool that predicts the probability of placing a winning offer on a home. The PricePredictor™ reduces the amount of guesswork required to determine a home’s ultimate selling price and shows buyers the estimated probability of what a home will sell for at a range of bids.

One of the biggest frustrations buyers face is determining the true selling price of a home. Reali’s PricePredictor™ goes a step further than existing tools that estimate a home’s value to predict its actual selling price. For example, homes in the Bay Area are often intentionally underpriced to spark bidding wars and buyers are often outbid even when placing offers over the asking price.

It’s a painful process and many home buyers have placed multiple offers without success. In these cases, the PricePredictor™ helps predict the true selling price of the home and shows buyers how much over the asking price they should offer. Outside the Bay Area, where pricing is more transparent, the PricePredictor™ helps buyers save money by showing them how close to the listing price they could get without overbidding.

We believe the Reali PricePredictor™ will help more buyers place successful offers because it offers up probabilities of winning a home at various offer prices and shows you what your offer should be to win that home.

About Reali PricePredictor™

Our global AI team designed the tool after hearing from dozens of home buyers in competitive markets who placed multiple offers without success. One of the biggest frustrations buyers face is determining the true selling price of a home. To address this problem, we designed an innovative tool that goes a step further than existing tools (that only estimate a home’s value) and predict its actual selling price.

So how does it work?

When you’re browsing for homes in the Reali app, just look for homes with the PricePredictor™ tag and click into the home and tap the circular PricePredictor™ icon. Once the tool is launched, slide the percent slider to see the estimated probability of what a home will sell for at various offer prices.

To learn more about the PricePredictor™ visit www.reali.com/pricepredictor and download the Reali app for iOS or Android.

Expanding the Reali App

The PricePredictor™ picks up where competitor estimator tools leave off. Reali’s AI team designed the tool to give buyers an intelligent way of looking at a home’s ultimate selling price where traditional estimators focus on leveraging information for sellers and offer one static number. It’s also an interactive experience. Buyers launch the feature from within the Reali app and use the percent slider to see a range of suggested offer prices based on their willingness to assume risk above or below a home’s listing price.

“We want our customers to maximize their chances of a successful offer,” said Amit Haller, Reali CEO. “The more you know about the home’s predicted selling price, the better off you’ll be in making an optimized offer. There are many apps and tools for home discovery or to determine the value of a home. But with the Reali app, buyers get AI-powered price predictions backed up with licensed Reali Experts to boost their efficiency and chances of a successful home-buying journey.”

One in four Reali buyers have used PricePredictor™ to predict the probability of placing a winning offer on a home.

About Reali

Reali is on a mission to change the way people experience home buying and selling. We offer cash back to buyers instead of commission, and cash savings to sellers thanks to our flat seller fees. Keep in touch at http://www.reali.com or download the Reali app for iOS and Android.

The Bottom Line

Call us at (858) 880-0195 or email portia.green@reali.com to get started.

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About The Author
Portia Green, REALTOR®

Portia Green is a highly experienced full-time REALTOR® specializing in the representation of Sellers, heralded by her clients as data-driven and an effective negotiator. Producing $25M total in residential sales volume, Portia's goal is to help her clients achieve the best results when selling their homes and to make their experience an enjoyable one. She has successfully sold real estate since 2008 and has gained an in-depth knowledge of local real estate markets & seasonal trends. Portia has achieved a 100% customer satisfaction rating and wants to share her expertise & personal service with you in the sale of your home. When listing your home with Portia Green and Compass, you'll receive the hands-on service you need and desire. Portia will help you manage the entire process of selling your home from pricing, preparing and staging the house, to marketing, negotiating offers, inspections, all the way to closing. She will recommend skilled vendors for any job needed, personally host Open Houses, and ensure that all showings are accompanied. At Compass, Portia offers a wise no-nonsense way to sell your home for the best price and the least hassle. With a keen eye for staging & preparing listings to maximize Buyer appeal, all of Portia Green's listings are professionally photographed using HDR (High Dynamic Range) photography to provide the highest quality photos in the industry. Professionally printed marketing materials are prepared for all Open Houses. We also capture a 3D scan of your home that creates an interactive walkthrough online along with a custom-designed floor plan and targeted digital marketing campaigns on Google & the most popular social media channels. Compass participates in the Multiple Listing Service, which is the local real estate database of homes listed for sale that all REALTORS® use in helping their Buyers find houses. Your home will appear on every real estate website, in its best light, making a stunning camera-ready debut. Portia Green's home valuation expertise and extensive experience in comparative market analysis will help price your home accurately. She has refined her skills to help you pinpoint which features of your home will result in more showings and better results. Her mantra is for you to be ready to sell your home and feel good about that first. Portia knows that home inspectors always find a problem; that drones take some of the best photos in town; and that her eyebrows will grow to the floor in the time it takes her to read everything that's happening with your HOA, but that doesn't mean she won't do it anyway. Eyebrows be damned. You'll always need a place to unplug, connect, dream, grow, or just be yourself. That makes what Portia does even more meaningful. She’s ready to go the extra mile to help you find just the place. Whether you're selling your very first home, offloading an investment property, or want a vacation getaway with passive income, she is attentive to the details of every home sale. Portia helps busy people navigate this crazy real estate market like a pro, so don't be shy. Every great relationship starts with free advice and a friendly chat. Ask as many questions as you need to. Selling houses is her jam! www.portia.realtor