Request Demo 
Contact
What is RELAR?
Goals of the RELAR Analysis
Customization
Testing and Evaluation
Technology
Contact Us Now!
Testimonials
1
"Thank you for introducing us to the Relar reports. We have never been a big fan of AVM products in the past, due to the inaccuracy of values. With your report using MLS data in the cities we do business in, we feel it is as accurate as a CMA, and much more efficient with the results back in real time.
We recommend the Relar report to any real estate group or mortgage company looking for accurate house values."
C. Allen / Keller Williams Realty
view pdf
2
"We have found RELAR to be one of the most innovative AVM and data providers around. their coverage, tools, data display and analytics are constantly improving and expanding. They have tremendous ability to customize products and services to our needs, and for these reasons we rely on Relar for the metrics we need to gain the competitive advantage in the marketplace."
F. Lucco / IRR Residential
view pdf
3
In researching AVM providers we found RELAR data and systems to be superior to all others we tested. Having MLS based data is invaluable in determining more consistent values for us and our valued clients. At NCCI we are in the face to face borrower contact world and must be the "eyes and ears" for our clients. With RELAR we can now also be the "brain" that adds a clearer picture as to the current reality of the collaterals true value.
Jay L. / National Creditors Connection, Inc.
view pdf
4
"It is with great pleasure and enthusiasm that I am writing to endorse the R.E.L.A.R. product from CDR Business Solutions, L.L.C. After careful comparision of many products, we found the R.E.L.A.R. AVM had superior quality and accuracy. We have not seen any other product that satisfies the flexibility and value of R.E.L.A.R.
I highly recommend the R.E.L.A.R. product and look forward to continously being able to provide these outstanding reports to my clients."
Alex S. / Source Appraisal Management
view pdf
What is Relar?
RELAR stands for Real Estate Liquidity Analysis Report. Relar answers the question on the lips of most Americans as they watched their home values plummet starting in late 2008. The question is not one of valuation, but one of liquidity in which the property owner can safely predict the amount of money that will be derived from the sale of their property. Relar gives real estate owners and investors a quick, clear and accurate vision of when and at what price their property will sell for.
Relar uses sophisticated mathematical methods to derive liquidity, and calculate the time it will take to reach that number. This is different than valuing a piece of property because it specifically focuses on price and time to reach that price. If you want to sell your home faster, you know what price will make that happen. The Relar Report, unlike other AVM models out there, has the ability to do evaluations on properties in the $800,000 to $5,000,000 range, mostly because of the ability to examine details and its flexibility.
The Price on Time Continuum
The Relar difference is that Appraisals and Broker Price Opinions are just opinions. They lack consistency and are not uniform. They offer no perspective on time to market and the coinciding price. They do not promote buyer or seller confidence and lack scoring ability.
RELAR Confidence Report
A RELAR report consists of a price prediction, a price range prediction, a time to sell prediction, and a time to sell range prediction. While many users focus on the price prediction number, the RELAR confidence score predicts both price and time to sell and expected ranges for both numbers.
As the price and sales time of each property is adjusted to match the subject, the price and time to sell of each property become, not numbers, but regions of probability. The size of each region depends on how well we know the physical and geographical characteristics of both the subject and the comp. Some of the factors which affect the adjustment are:
- Gross Living Area
- Bedroom/Bathroom/Room/Garage/Fireplace Count
- Land or site area
- Year built
- Local Street Density/Local rooftop to rooftop distance
- Distance to geographic features, including water, parkland, major streets, freeways, commercial development, airports, hospitals, etc.
In order to adjust the price of each property, relative importance must be placed on each factor and its relationship to the others as well as the relative importance of each factor in the price of houses in the local market. Although these can be inferred from the data itself, the process is not exact, and the result must be dealt with from a probability stand point.
The table below represents the low, medium & high confidence translations.
| 0-50 | Unreliable | We provide the report no charge and deem the report un-reliable |
| 50-65 | Low Confidence | |
| 65-80 | Medium Confidence | |
| 80-100 | High Confidence |
Relevant sales prices are used for the calculations. Relar shows whether the comps are foreclosures, or short sales; the distance to the subject; how many days on market and the date that it went on the market.
