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REARS - Real Estate Activity Reporting System

REARS is an essential tool for any real estate professional and provides the most current and comprehensive overview of the local market.  Features of REARS include:

  • Custom CMA Type Reports
  • Colorful Graphs for Presentations
  • GIS Maps for Detailed Sales Analysis
  • Lis Pendens/Notice of Default Search Capability
  • Fannie Mae Market Conditiions Addendum Form

REARS is a combination software program and monthly database subscription of all property and real estate sales that have taken place in a county, including all listed and unlisted transactions. Comparable reports, listings and mailing labels can be generated quickly by searching REARS in a multitude of ways, including physical property characteristics, mortgage information, sales type and location.
       

Product Features
Product Information
Sales Transaction Types
Information Sources
Seach Criteria
Data Views
Reports, Lists, Labels and Output
Customization Options

GIS Maps
MMTGraphs

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REARS works seamlessly with Microsoft Word to create marketing lists & labels and links to MMTinfo's PIRS and GIS Maps allowing you flexible access to all sales transactions. An intuitive, menu-driven program, REARS is designed for use by any real estate professional to help:

  • Prepare quality CMA's using listed & unlisted sales
  • Perform custom searches quickly
  • Generate mailing labels for select buyer groups
  • Obtain information not available with a MLS system

Sales Transaction Types

REARS offers the most accurate, detailed and current listing of real estate sales types including transactions not found in the MLS or Tax Roll. REARS provides all residential and commercial sales transactions as well as monthly farm area updates. REARS sales transaction type include the following:

REARS Sales Transaction Types

New Single Family Homes (includes custom homes)

Condominium & Townhome Sales (new & resales)
Residential Lots (subdivided and metes & bounds)
Mobile and Manufactured Homes
Commercial and Industrial (improved & vacant)
Right-of-Ways and Easements
Existing Single Family Home Sales
Multi-Family (less than 10 units)
Multi-Family (10 or more units)
Vacant Land (agricultural & other)
Institutional & Governmental

REARS Information Sources

Compiled each month from numerous sources, REARS provides accurate, in-depth and reliable information on every real estate transaction recorded at the county courthouse. Additionally, Metro Market Trends verifies and cleans each transaction record providing you with the most accurate, up-to-date and complete data available. Information sources for REARS include:

REARS Information Sources
Recorded Deeds (County Courthouse)
Recorded Mortgages (County Courthouse)

Property Tax Roll (State D.O.R.)

Master Appraisal File (County Property Appraiser)
Property Tax and "911" Address Information
Single Family Building Permits
MMTinfo Proprietary Sources

REARS Search Criteria

REARS offers you extensive flexibility to perform custom searches on any combination of the following criteria. For example, in your search criteria, you can easily choose to view:

  • all new home sales in a subdivision, built by a specific builder, that are over a certain number of square feet, or
  • all vacant land sales recorded after the first of the year, or
  • search for all sales by a specific buyer or parcel address

The combinations of custom searches that you can perform are endless, and you have the confidence that the search results will include all sales that took place.

REARS Seach Criteria include the following sections:

 


 

 

 

REARS Search Criteria

General Criteria
- Landuse Type
- Structure Type
- Subdivision Name
- Use GIS Map to select area

Sales Data
- Sales Price Range
- Date Recorded
- Date Sold
- Buyer Name
- Seller Name
- Builder
- Closing Agent
- Book/Page
- Lot/Block/Unit/Phase
- Real Estate Area/Zone
- View Only - New Homes or Resales
- Deed Type
- Transaction Type
- Lots with Construction Loans
- Mortgage Lender
- Mortgage Type or Amount (by range)

Buyer Address/Parcel Address
- Choose to view either buyer or parcel information
- Street Name
- Street Number Range or select by odd or even numbers
- Street Direction
- Zip Code (or exclude zip codes)

Tax Roll Information
- Prop Ref/Map Number
- Section/Township/Range
- Assessed Parcel Value Range
- Assessed Land Value Range
- Year Built Range (Effective or Actual)
- Square Foot Range (Effective or Heated/Cooled)
- Land Size Range (Acres, Square Feet, Front Feet)
- Brief Legal Keyword
- Extras/Features (i.e. Pool, Patio, Dock, Brick, Carpet, etc.)

   


Data Views

Table View
Once your search criteria has been made, REARS displays the matching records in a user-defined table view where each column of information can be sorted in ascending or descending order to further refine your search. From Table View, you can select transactions for printing list, mailing labels or reports, or you can select "Show Full Info" from the toolbar to view detailed information about each transaction (view samples).

Full View
From Table View you can select "Show Full Info" or simply double-click on a transaction to access Full View on each individual sales transaction (view samples).

From both Table View and Data View you can:

  • print the transaction record, mailing labels or lists
  • show the parcel location using GIS Maps* or Mapquest
  • View the Tax Roll information on this parcel**
  • Export the information for use in a 3rd party product

* Requires purchase of MMTGIS Maps
** Requires purchase of PIRS


Reports, Lists, Labels & Output

REARS lets you create custom marketing lists and labels for select prospect groups or property types. Quickly pint for selected transactions:

  • The standard format list
  • A custom formatted lists
  • Mailing labels
  • Print Screen
  • Transaction Summary of:
    • Single Family Residential/Vacant Residential Lots
    • Commercial/Other
    • Condo
       

Customization Options

With REARS it's easy to design the output to meet your own specifications. You have the ability to design your own Table View or Report layouts by selecting from any or all of the numerous fields and placing them in any desired order.


GIS Maps

REARS seamlessly integrates with MMTGIS, an interactive mapping software system so you can visually identify and identify parcel sales transactions, locate parcels, identify parcel ownership, determine parcel size & dimensions, identify neighboring parcel owners, and much more. For further information on MMTGIS, click here.

 

 
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