Your Decisions Are Critical

Our mission is to help clients make better decisions in real estate

As an appraiser, you face a wide range of decisions in your business. Strategic, tactical and operational decisions are all critical to the success of your business. At RealNet, our mission is to help clients make a better decision in real estate. A summary of the key appraiser applications are as follows:

• Finding Comparable Sales
• Researching Comparable Sales
• Determining Highest and Best Use
• Valuation -- Direct Comparison Approach
• Valuation -- Income Approach
• Valuation -- Land Residual Approach
• Report Production
• Update Appraisals
• Performance Benchmarking

Strategic Decisions

Better Quality Appraisals

Your clients hire you for the quality of your appraisal and opinion. Keeping up with an accelerating pace of transactions in the market and identifying trends that impact highest and best use and value are critical. Missing a sale can be deadly to your reputation, and possibly your business.

As a RealNet appraiser you will have access to the largest database of confirmed sales reports in Canada, access to the most timely information, access to comprehensive research and the most powerful set of tools and services.

More Efficient (cost saving, time saving) Appraisal Process

Not only do you need to maintain high quality service, you need to improve it as pressures to perform "better, faster and cheaper" hit your sector. RealNet's new tools and new Service Provider class licensing will provide you with the capabilities you need to improve your efficiencies and protect your time and resources.

More Business Capacity from Current Operations

How can you grow you business while keeping overhead to a minimum? Grow by finding more capacity in your current operations. RealNet's new offerings will leverage your time and that of your staff to do more without sacrificing quality or adding more people.

Market Share

What is your market share? Are you growing or shrinking? How do you know? What can you use as a benchmark? With RealNet's new information services, measuring your confidential assignments against the transactions in the market has become much easier. You can determine your market, sector and other measurements and compare your activity over time.

Potential To Expand Business (markets, sectors, clients)

As an appraiser, you have a core set of capabilities that can be leveraged to expand your business, whether appraising similar property types in different markets, different property types in your current markets, expanding your range of offerings to current clients or identifying new clients. With RealNet's new information services, "waiting for the phone to ring" no longer has to be your primary expansion strategy.

Operational Decisions

Determining Highest and Best Use

Making the determination of a property's highest return and best use potential is an important conclusion for an appraiser. Given the pressures from population growth and intensification, the size and shape of communities is changing. Missing a potential redevelopment option for a property can be problematic for an appraiser. RealNet's new offerings will help identify trends that could cause a change in highest and best use and help you evaluate and support your conclusions on this very important component of the appraisal process.

Finding Comparable Sales

One of the main areas of an appraiser's research is finding comparable sales. Keeping up with the accelerating activity in the property markets today is a major challenge for all appraisers. RealNet's new tools will allow you to find comparable sales using either the new Form Search, the search by map or views.

Researching Comparable Sales

Once the sales have been identified, researching the details is also critical in order to form proper comparisons to be used in the valuation methods. As a RealNet appraiser, you have access to the data provided by Canada's largest real estate research group across Canada, and historic information dating back to 1995.

Valuation Methodologies

Selecting the primary and secondary approaches to value is the job of the appraiser depending on the asset class and the purpose of the Appraisal. Various valuation methodologies can apply, and RealNet's new information services are going to help with all of them.

a) Direct Comparison Approach


Interaction with the best information in the country using new tools like maps and analytic reports will enable the appraiser to improve their abilities to make comparisons to their subject, improving the quality of their reports while doing so in a fraction of the time.

b) Income Approach


Whether using the Income-Capitalization approach and looking at current capitalization (cap) rates or using the Discounted Cash flow approach and looking for an appropriate reversionary cap rate, you require information on yields in the property markets.

c) Land Residual Approach


For residential development uses, RealNet provides the critical market data points to begin the residual calculations.

Report Production

Once you have completed your appraisal work, it must be packaged into your Appraisal report format. RealNet's new Service Provider licence agreement allows the RealNet appraiser to include RealNet content into your Appraisal Report, saving you time.

Update Appraisals

The appraiser's opinion of value is as at a specific date. The need for update appraisals is more important in a fluctuating market. As a RealNet appraiser, you have the ability to save searches that can make the update process much easier, adding value to you and your client.

Performance Benchmarking

How accurate are your appraisals? Do you check them against actual sale prices and keep a log for internal purposes or marketing purposes? Using RealNet's new search tools, the ability to benchmark your estimates is much easier.

Reduce Risks

As an appraiser, avoiding risk is important to the health of your business. RealNet tools help appraisers minimize risks such as missing comparable sales, using incorrect information on transactions and others that could ruin your good reputation or cause damage to your business.

Once you've begun to use RealNet's next generation information services, you may wonder just how you made any decisions without them. Contact our team of professionals for a focused analysis of your business and how you can take advantage of the RealNet Informed Advantage^TM.