Designed for Appraisers
Our real estate analysis software is used by professionals in many real estate related fields. But first and foremost, our software is used by the valuation pros - real estate appraisers. Members of all major appraisal organizations use our products - MAIs, SRAs, CCIMs, SRPAs, ASAs, IFAs. If you just need income analysis capabilities, Investment Analyst is your choice. If you need narrative appraisal software that will automate
all three approaches (Income Approach, Sales Comparison Approach and Cost
Approach) and also provide a powerful real estate database, then Commercial Complete is the software for you. Just need to automate your narratives? Then take a look at Narrative Complete, which also includes a sub-set of the real estate database engine and
basic income analysis functions.
Real Estate Income Analysis
Real estate appraisers use our software because of its professional income
analysis capabilities. It is not a set of spreadsheet templates. The software is written from
scratch to give you the best performance and the built in intelligence
that is required to perform good income analyses.
Complicated mathematical techniques are reduced to a proportion that the
average layman can understand, making it easy to perform a simple apartment
income analysis or a complex office building income analysis. Real estate
appraisers use our real estate valuation software because it gives them
accurate value calculations, it allows them to easily create "what-if"
scenarios, and it produces clear, clean, understandable reports. Introduced
in 2010 are new word processing capabilities that enable the assembly of
selected reports or a full Income Approach narrative in seconds. The narrative
appraisal section can be copied and pasted into your favorite word processor
- including both MS Word and WordPerfect. All formatting remains intact.
This saves hours on each appraisal assignment.
Each year since 1987, the income analysis features have been enhanced.
And each design improvement was made with the real estate appraiser in
mind. Why? Because when a fee appraiser uses our real estate analysis software
for valuations that are relied upon for lending decisions, in court proceedings
between municipalities and owners, in estate valuations, etc., the appraiser
needs the best. And when we design our software to meet an appraiser's
stringent requirements, other professionals will recognize its value too.
Premier Income Analysis Tool
This income analysis software employs the Mortgage Equity Technique, the
Discounted Cash Flow Method, and Net Present Value analysis. It calculates IRRs and performs yield sensitivity analyses. It prepares
Income Statements, Rent Schedules, Capitalization Rate Reports, and more
than 30 basic reports that you may need to support your value calculations.
The "capitalization rate." is developed using an advanced derivative
of the Mortgage Equity Technique. This rate is critical to a good analysis and you cannot just pull it
out of thin air. The rate varies, depending upon many factors - all of
which our income analysis software takes into account. These factors include
the investor's required rate of return, the interest rate on a mortgage,
projected growth rates in income and expenses, and more.
It is easy to perform extensive "what if" analysis. What if future income and expenses grow at 1%, 2%, 3% ? What if the mortgage rate is 7%, or 8%, or 9% ? What happens if real estate taxes are $10,000 per year instead of $6,500 per year? It is easy to change any assumption in the pro-forma and instantly know its effect upon value. This is critical to making good real estate valuation decisions.
Although you may never need them, over 400 reports are available to document
your work. All reports are created transparently,automatically and instantly.
Instead of spending a day or two or more crunching the numbers and more
time creating acceptable reports, our software will cut this time drastically.
There is always pressure on appraisal fees. Our income analysis software
will make you more competitive and will produce much better income analyses.
Your Income Approach will stand out.
Any Commercial Property Type
Our software will handle any type of income producing property, whether you are appraising a four unit apartment, a $20,000,000 mixed use property, a motel, a strip center, or a 6 story office building. For most apartment buildings and small commercial buildings, the Standard version of Commercial Complete or Investment Analyst will do the job nicely. If your work involves more complicated properties, Commercial Complete Pro or Investment Analyst Pro is for you. The Pro version handles CAM, Fixed Pass-throughs, Operating Pass-throughs, Expense Stops and detailed lease proration. It also includes a Unit Sales option for analysing subdivisions, lot developments, and condominium units. (Learn more about Pro and Standard)
Reasonably Priced
Compare our prices to those of another popular income analysis program
that starts at $4,000. Our real estate analysis software gives you more
features - more features that you can use . Don't waste your money on spreadsheet based "templates." If you are serious about your work, you need serious software to assist you. Analyst is serious software that does all necessary calculations and prepares organized reports that document income, expenses, downpayments, and cash flows. These reports are easy to understand and can be "taken to the bank."
As our logo says: "The Expert is in the Software."
Real Estate Database - Finally, there is a Database Solution - Learn More
A real estate appraiser also needs an automated way to store real estate
information, whether the information is comparable sales data, a news article
on local and national real estate trends, or a publication on vacancy rates.
The most efficient method is a real estate database, but few databases
can handle all of the real estate appraiser's information storage needs.
A real estate database should be more that just a tool that can store comparable
property data in "fields." The beauty of the Commercial Complete
database is its ability to quickly capture original source information
from all sources into a property record in a real estate database, while
at the same time offering traditional "fields" so that detailed
information about a property can be entered in the property record as needed.
Whether the information come from faxes, emails, office files, PDFs, or
Internet webpages, it can easily be made a part of the property record.
The computer age placed a treasure chest of real property information within
easy reach of real estate professionals. But until now, there has been
no solution to the question: How can the information that is gathered from
numerous and varied sources be easily entered into a computerized real
estate database where it is organized and easily accessible when needed?
The traditional "field by field" approach has proved to be inadequate.
The 2,000 year old method of storing information in office folders is -
well, it is 2,000 years old. Hourly wages are a little higher now than
they were in the days of the Roman empire.
Commercial Complete is the COMPLETE SOLUTION. It is the solution for one-man
shops and it is the solution for large real estate offices.
With Commercial Complete, maintaining a real estate database becomes a
huge benefit rather than a costly burden. Several videos are available
that demonstrate the important information gathering and storage features
- See Video List.
Some of the Commercial Complete real estate database features:
- Automates the process of gathering and storing real estate information.
With little or no typing you can easily build a comprehensive real estate
database
- More than 250 fields to describe each property record
- Powerful Image Processor - attach all common image types so that original
source information can be attached to a property record (image types: PDF,JPG,TIFF,BMP,GIF,
more)
- Search for a property record by any field in the real estate database
- Filter the real estate database to display only records that meet specific
criteria
- Automated Sales Comparison Analysis with several type of grids
- Building Cost Aggregation for one building or several buildings on an single
property
A sub-set of the Commercial Complete real estate database is also built
into our Narrative Complete product.
Narrative Appraisals
You are not finished until the report is done and sent to the client. Often,
this is the most difficult task of all. Not only the writing, but the copying
and pasting of the many support documents that you have prepared.
Built into both Commercial Complete and Narrative Complete are powerful
word processing capabilities that are designed especially for real estate
appraisers. The word processing editors are integrated with the powerful
real estate database and income analysis capabilities. Data stored in any
property record in the real estate database can be inserted easily into
a Commercial Complete or Narrative Complete word processing document. Many
automatically generated property data and income analysis reports can also
be easily inserted.
Our real estate narrative appraisal software can be used exclusively to
create an entire narrative appraisal report or it can be used to generate
automated narrative sections that contain information from a property record
in the real estate database. Then these narrative sections can be easily
copied and pasted with the click of a button into the word processor that
you use on a daily basis.
There is no need to change from your present word processor in order to benefit from the many advantages of automating your narratives.
When you are ready to switch to Commercial Complete for all of your word
processing needs, Commercial Complete is ready for you. But we know that
you and your staff have spent considerable time learning your present word
processor and creating documents in it that you rely on and must refer
to from time to time. Switching to a new word processor "cold turkey"
could disrupt your ability to "get the work out the door." Partial
narrative sections like the Income Approach or Sales Comparison Approach
can be created by Commercial Complete and pasted into your favorite word
processor (including MS Word or WordPerfect) without disrupting your present
method of producing your final reports. It will not be long, though, before
you are using our software to create your entire narrative appraisal.
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Which product is right for you?
What our clients say about us
Our Software was Designed
Especially for Real Estate Appraisers
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With all of the power of Investment Analyst and Narrative Complete seamlessly
integrated, Commercial Complete offers the tools that today's real estate
professionals need to compete - Income Analysis, real estate data management,
and smart word processing to easily assemble narrative sections or full
narrative appraisals.
The Commercial Complete real estate database is the most complete real
estate database tool available. Flexible, customizable, and powerful, this
tool is designed for real estate professionals who need quick access to
real estate data. Search and sort by any field. Apply filters to look only
at properties of a certain property type, a range of comparable sale prices,
or year when the comparable property sold. The combinations are unlimited.
Look at the data in various different ways. Perform sales comparison analyses
and build the cost approach for a property.
Investment Analyst has been used by real estate professionals for more
than 20 years to analyze and value income producing real estate, applying
advanced mathematical techniques. It calculates the value, based upon the
yield requirements and projections of the analyst. Financing, closing costs,
selling expenses, income growth and property appreciation are among the
many factors considered. Holding periods can range between 1 and 60 years.
Reports can be printed, pasted or saved to an Excel spreadsheet, PDF file,
or RTF file. Reports can be merged into a word processing document. If
you have Narrative Complete, the reports can be inserted directly into
your narrative reports.
Introduced in 2010 are new word processing capabilities that enable the assembly of selected reports or a full Income Approach narrative in seconds. The narrative appraisal section can be copied and pasted into your favorite word processor - including both MS Word and WordPerfect. All formatting remains intact. This saves hours on each appraisal assignment.
Investment Analyst is designed from scratch, using the latest programming
technology. Most of our competitors use "templates" based upon
the Excel spreadsheet program or a packaged database program. At $79.95,
they may be "better than nothing." But the truth is that they
are not up to the job. If you are considering paying more than that for
a spreadsheet template program, we urge you to take a closer look. Don't
waste your money.
The Narrative Complete standalone product has been discontinued. Narrative
Complete and its functionality are now incorporated into our Commercial
Complete product line.
You are not finished until the report is done or the proposal is sent to the client. Often, this is the most difficult task of all. Not only the writing, but the copying and pasting of the many support documents that you have prepared.
Whether you are an appraiser, an agent/broker, an assessor, or any other real estate professional, your product is real estate. The majority of your written output revolves around real estate. It makes sense to use a word processor that is designed around real estate. The big guys in word processing have fantastic products - if graphics or marketing or publishing is your business. But frankly, they do not help a lot when it comes to automating a real estate professional's work.
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