Valcre Online: Using Sale Comparables

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Enterprise

This guide will teach you how to create new, edit existing, and link Sales Comparables and Sets in Valcre Online.

• Note: The blue-shaded fields are suggested to be populated, but no field is required. Once data enters a shaded field – the shading will change to white. The Primary Photo from the Property Record will show at the top of the page, and the location will be on a map.

Adding New Sales Comparables

This video will guide you through creating a Sales Transaction to use a Comparable on a Job. The step-by-step directions are below. 

Please note that the platform has been updated since the formation of this video, the process and steps are the same, however the product may look slightly different.

Step 1: Locate the relevant property record to attach the sales comp by selecting Properties from the left side menu and enter the search properties into the search bar.
Step 2: Select the applicable property by selecting Open.
Step 3: Select the Comps tab from the top menu
Step 4: Any comparables already added to this property will be located here. Select Add Sale to add new or additional Sales Comparables.
Step 5: Enter the relevant sales information
Pro Tip: When entering information into the Income section, some fields will auto-populate, including the Actual Cap rate and multipliers on the screen's right side.
The Sale Comments field will appear in the Sale Datasheet, and the Valuation Workbook will be entered when the comparable is imported. This comment will then sync into the Valcre Report within the Sales Approach to describe the sale.
Step 6 (Optional): Add files Select Add from the top menu, and then select Files and Photos. Finally, drag and drop the files/photos into the box or use Select Files to import from your computer.
Pro Tip: The file/photo that is starred will be the primary photo.
Step 7: (Optional) If you want to export your sale, select the Export option from the top menu and select how to do so.
Pro tip: Use the Related Tab to see what other jobs your Sales Comparable is related to.
This sales comparable is now located in the Sales tab of Valcre Online.

Updating Existing Sales Comparables Step 1: In Valcre Online, select the Sales tab from the left-side menu and search for and open the Sales Comparable you want to update.  Step 2: Make any edits required

Creating a Comparable Set Add Comps using Comp Suggestions Below the set, a list of AI generated comparables from your database will generate with a Similarity Score.  These comparables are suggested for inclusion into your set; saving you search time and ensuring no comparable is left behind. Adding them is entirely your choice.  Note: Comp Suggestions requires an AI add-on Step 1: Adjust filter (if needed) The filter's default setting includes Confirmed Comps, comps that match your Subject Property Type, and are within 0-3 miles.  Edit or add additional filter options by selecting the filter icon at the top of the Comp Suggestion list. Once you have set your preferred filters, select Apply. Step 2: Add suggested comps Select the + sign to add any comp to your set Pro tip: Accidently added a comp you didn't mean to? Select the X next to the comp to remove it from the set. Step 3: (optional) Reorder comps in the set by dragging and dropping them into the desired order.  Learn more about Comp Suggestions with our guide.  Manually Add Comps Step 1: Select Sales from the left-hand menu, search for a Sales Comp to include in a set, and select Open.   Step 2: Select the clipboard+ icon to add this comparable to a Job.   Step 3: Search for and select the Job to which you would like to add this comparable and choose Next.   Step 4: Select New Set.   Give the set a name to help identify it later, and select the Set type. Finally, select Add to Job+Set.   Pro Tip: After creating the set, you can add additional comps following steps 1-3. Instead of selecting New Set, select the existing set linked to the job and select Add to Job + Set.

Linking an Existing Sales Comparable to a Job Step 1: Locate the Sales Comparable  Select Sales from the left side menu and use the search field to locate and open your Sales Comparable.  Step 2: Select the clipboard+ icon from the top menu Step 3: Search for the job you wish to add the Sales Comparable to and select Next Step 4: Select the Set (if applicable) to add the Sales Comparable to or select Add Job to add the comparable without a set.

Additional Questions?  Valcre Support is ready to help with all your Valcre product questions! You can connect to us via phone, email, or chat!