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Friday, June 09, 2006

Homekeys Enhances Its Free Online Valuation Reports for South Florida Residential Property

Homekeys, a Miami based, technology driven real estate corporation announced today the enhancement of the company’s patent pending, interactive valuation tools for residential properties in Miami-Dade, Broward and Palm Beach counties.

The free, interactive offering includes a new property valuation report that contains an estimate of the property’s market value, county data, mapped detailed comparables and comparable active listings. “Knowing what happened yesterday is important but for those active in today’s market, it is equally important to know the asking prices of the comparable properties that are currently for sale”, says Homekeys President and CEO Manuel J. Iraola.

Over a year ago, homekeys.net was the first real estate web site in the United States to offer the public instant and on-line property valuations integrated with county data and interactive GIS maps. Since then, companies like Richard Barton’s Zillow and InternetBrands’ RealEstateABC have launched sites providing online valuations to most parts of the US. “Determining property values has become a national obsession”, says Iraola. “Our users want immediate and unbiased estimates of property value because timing and transparency have become key drivers to buying and selling decisions”, added Iraola.

The corporation predicts that instant and on-line property valuations will become de-facto functionality on real estate web sites throughout the US and plans to maintain its leadership position by continuing to offer the most comprehensive and robust, free valuation tools available for homeowners with an interest in South Florida.


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