FREE Homebuyer/Investor Analysis “On Steroids” Now Available
MINNEAPOLIS (August 3, 2009) – RE/MAX North Central today introduces a new service to consumers to make the online home search process easier than ever. Through an agreement with eRealInvestor, Inc., RE/MAX North Central is the exclusive regional provider of eRealAnalyzer™, the real estate industry’s first one-click financial analysis application. The relationship between the two organizations represents the first of its kind for eRealInvestor. Through an exclusive arrangement, RE/MAX North Central becomes the first region of a national realty company to offer the service through its online listings. The relationship significantly expands eRealInvestor’s presence in the market for homeowner and residential investor search and analysis.
When homebuyers or real estate investors search for Minnesota or Wisconsin properties on remax.com, including those listed through other realty companies, they can now access information that will automatically calculate a wealth of relevant financial information. By clicking on the “Cash Flow Analysis” button on remax.com and using simple sliding bars, homebuyers can set their offer price, down payment percentage, mortgage rate and other financial factors into the system, and eRealAnalyzer will present monthly mortgage payments and equity calculations. The service also allows users to compare the financial ramifications of different scenarios – lower down payments, different purchase offers, interest rate, etc. And with a few more clicks of the mouse, property investors can obtain rental data, create a cash flow analysis of a potential investment property, view more than 15 charts and graphs, export the detailed results to Excel, and print PDF reports.
“Our solution is particularly valuable in today’s environment, where buyers and sellers are required to consider as many factors as possible as they evaluate transactions relative to their personal financial criteria,” said Mike Genstil, founder and CEO of eRealInvestor. “We’re thrilled to be partnering with RE/MAX to bring this new analytical resource to all Minnesota and Wisconsin for sale properties.”
“We’re incredibly excited to offer this enhancement to remax.com visitors,” said David Linger, executive vice president and regional director of RE/MAX North Central. “The eRealAnalyzer solution is a powerful, unique and insightful tool that will empower potential real estate buyers to make more informed decisions. It is a property investment evaluation tool on steroids.”
About eRealInvestor, Inc.
eRealInvestor, Inc. (http://www.erealinvestor.com) is a San Francisco-based firm that offers a leading web-based suite of software solutions for investment-minded buyers and the professionals who serve them. The company’s products are adopted on thousands of real estate, media, and investor-focused websites. Led by executives with decades of real estate investment and software development expertise, the firm is partnering with leading real estate and financial organizations to deliver the most compelling online financially-driven search and analysis experience in the real estate business.
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