Market Trends Are Now Available in NeighborhoodIntel Reports
Product
| 26 Sep 2024
NeighborhoodMatch is an innovative solution designed to empower homebuyers and brokerages to find neighborhoods that match users’ preferences. This new tool enhances the homebuying experience by making it easier for consumers to discover new neighborhoods that share similar characteristics with the one they are viewing.
🔑 Key features include
Looking for a new home can be challenging for homebuyers, particularly those who are relocating to an unfamiliar area. NeighborhoodMatch simplifies this process by helping users discover and compare neighborhoods that meet their lifestyle needs while remaining within their budget.
Using NeighborhoodMatch, brokerages can re-engage homeseekers by helping them quickly find neighborhoods that are similar to those they’re considering and better understand which one best aligns with their needs. The similarity between neighborhoods is measured based on demographics, housing features, and Location Scores.
Homeseekers see up to eight nearby neighborhoods with similar characteristics and can easily compare them based on top-ranking Local Logic scores, such as pedestrian friendliness and transit accessibility. In addition, these scores are prominently displayed, making it easy for potential homebuyers to determine how closely these neighborhoods fit their preferences.
Homeseekers can determine whether similar neighborhoods are more or less affordable than the one they’re viewing, allowing them to identify locations within their budget range. The Affordability Index* quickly shows whether property prices in these neighborhoods are within, above, or below budget, based on reliable median sale price data.
* Note: This feature is only available in the US.
Brokerages can customize each neighborhood with its own thumbnail image to ensure that the neighborhood is accurately represented.
NeighborhoodMatch allows real estate professionals to filter and link directly to their own listings, keeping potential buyers within their sales funnel.
Easy to integrate on real estate websites, NeighborhoodMatchs helps identify specific areas with neighborhood-level characteristics that are important to homeseekers. Through accurate and up-to-date information, brokerages and homebuyers can better understand how a neighborhood compares to others and find additional neighborhoods with similar characteristics.
NeighborhoodMatch offers brokerages the following benefits:
NeighborhoodMatch is sold as a standalone product, an add-on to NeighborhoodWrap, or bundled with Neighborhood Characteristics, providing flexibility to brokerages and real estate portals.
🔓 Unlock the potential of every neighborhood with NeighborhoodMatch
Get in touch with our team to see how our solutions can benefit you.