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RealStat has up to 16 independent and 1 dependent variables that are defined by the user that can be quantitative, qualitative or "dummy" variables. #REALSTATS FOR EXCEL ON MAC MANUAL#RealStat has 52-page easy-to-understand user manual (PDF format) is included with the software. RealStat is a fully automated model produces a virtually instantaneous estimate of value for a particular property. Just click a button and the reports are printed automatically. RealStat has a new print menu that operates with easy-to-use macro-driven command buttons. Select the unit of value that is appropriate for your analysis and valuation. of gross building area office and retail buildings on $/Rentable Area apartment buildings on $/Apartment Unit, land on $/Acre or $/Front Foot hotels on $/Sleeping Room truck terminals on $/ Truck Door, etc. However, industrial buildings are typically purchased based on the $/Sq. Homes are typically purchased based on the price of the house. Market decisions are based on a unit of value. RealStat allows you to convert the sale price to any one of 15 user-defined units of comparison by simply clicking a "spinner" command button. You simply enter the data on the subject property and the comparable sales. RealStat has color-coded text and cells for ease of recognition. RealStat was created using the powerful Microsoft® Excel® spreadsheet software, which provides you with a familiar and intuitive working environment. RealStat regression analysis does all the "number crunching" and produces a statistical value estimate based on market data. RealStat is a quick and accurate valuation tool for appraisers, tax assessors, brokers, salespersons, analysts, lenders, portfolio managers and investors in residential, commercial and industrial real estate. RealStat is sold via our exclusive reseller, RealData, Inc. #REALSTATS FOR EXCEL ON MAC WINDOWS#You must have Excel 2000 or later version for Windows installed on your computer to use this program.Įxcel for Macintosh is currently not supported. RealStat operates as a template using Microsoft Excel. Then run the built-in Microsoft Excel regression function, save the results and print your reports. It is fully automated requiring the user in input data on the subject property and the comparable sales. Real Stat 4 was designed for use by real estate analysts, appraisers, brokers, salespersons and practitioners. A detailed report is instantaneously ready for printing. #REALSTATS FOR EXCEL ON MAC SOFTWARE#Simply enter information on a subject property and comparable sales and the software will do the work. You need not be an expert in statistics to use this software. Educated guesswork is replaced with scientific modeling to estimate property value. This unique and powerful automated valuation model that allows the user to value real estate statistically in relation to comparable sales. Requires Excel 2000 or later for Windows. All report pages are then instantaneously ready for printing.RealStat operates as a template using Excel. It requires the user to type information on the subject property, as well as comparable sales and then run the built-in regression function in Microsoft Excel. RealStat is a multiple regression hedonic econometric analysis software program for the valuation of all types of real estate. ![]()
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