Bookmark and Share
Related Posts Widget for Blogs by LinkWithin

« USL Documenter II - MS Windows Scope of Work "Generator" Software for Appraisers | Main | 1004MC Total Solution© Questions and Answers from David Braun »

October 05, 2008

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c4e6153ef010535436113970b

Listed below are links to weblogs that reference Regression Plus Is HERE! Watch David Braun's "Regression Plus" introduction videos:

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Pete Deatherage

Wow, this looks great! Let me know if you take pre-orders. I already use your USL II Documentor. It would be nice if the program shiped with some tutorial video's, like you have posted here.

Jeffrey Patterson

I agree with Peter, this is great and I can't wait to utilize this tool. Please keep me informed I am sure I will want to tell others of it's availability. Thank you very much for this David.

David Braun

--Pete & Jeff

The regression software is now ready to buy! It has taken me two full years to bring this appraiser specific software to market. Like the USL Documenter II it does ship with the introductory video that you see on line here, as well as some case studies to get you started.

It is far more advanced and easier to use than its prototype which ran in Excel that many of you downloaded and played around with

Thanks

--David

Jeffrey Patterson

Hello David,

Been working with your software, and I have been enjoying the process of learning its use it and understanding its strength and weakness.

A couple of things I would like to see and in saying that I know there are reason why they don’t exist.

One is the contributory value of specific characteristic. I am wondering why it would not be proper to assign a specific value to a characteristic. Lets say, I wanted to over ride a the value contribution of a garage not to be $80,000 but to be $20,000. Anticipating that the print out would make this statement some how.

Regarding the trend analysis, I am not sure why it would not be beneficial to allow this to be printed out? Thinking it could be a visual to back up your comments?

The intercept, I would like to have seen an explanation of the term on the print out. While I believe I have an understanding of what it is … I am sure my client, (i.e. lender, tax assessor, lawyer, property owner) would like a clear and understandable statement so there is good communication between me and the client.

I want to thank you for this program, I not sure how it will be accepted… but I do enjoy having it as a tool

Thanks again

David Braun

One is the contributory value of specific characteristic. I am wondering why it would not be proper to assign a specific value to a characteristic. Lets say, I wanted to over ride a the value contribution of a garage not to be $80,000 but to be $20,000.

** Jeffrey; I have been wondering the same thing. You can do this now by "pre" adjusting your data by adjusting for the garage at $20,000 then running the adjusted sales prices while not considering garages in the regression analysis. Perhaps we need a preadjustment module where this is easily done by the computer for you. Another way to do this is have the regression analysis not consider garages and add or subtract for the garage difference in "other factors".


Regarding the trend analysis, I am not sure why it would not be beneficial to allow this to be printed out?

**This is not a traditional method or tool. It is something I cooked up. I am still not sure how benificial it is or how many things it can be used for. I am waiting for some ideas from users. But, we could print these out in the future. For now just hit "Alt+PrtScr" while this window box is open and paste it into your report.

The intercept, I would like to have seen an explanation of the term on the print out. While I believe I have an understanding of what it is...

** I did not do this because it is a standard statistical term that can be looked up most anywhere. But, in retrospect you are probably correct.

Jeffrey, thanks for the comments.
(Please read my next general comments)

--David Braun

David Braun

I wanted to let users know that a new version of the regression Plus for Real estate Professionals will be out in about a month. It will have a new "market conditions module". This module will better handle the maket changes; and print out a report with some charts. It will chart the "adjusted" price of the sales over time. You may have noticed that straight line regression does not handle polynomial (trends changing direction) market conditions changes very well.
There will be no charge for this for current users. Watch for your CDs in the mail.

Regression has been around over 200 years and its application to valuing real real property has been considered for about 100 years. The advent of the computer and access to large amounts of databases makes us perhaps the first group to be able to use regression where it is not only economically feasable, but profitable as well.

We have had introductory classes to statistics, now with Regression+ there is an inexpensive and simple program. What we need now are some case study clasees where appraisers have the program loaded on there laptops. I am working on that now.

Thanks

--David Braun

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Mobilise this Blog

Twitter Updates

    follow me on Twitter

    Scoop Gear Members

    Site Meter