Knowledge Base

Appraise-It Pro: Using Profet.ai by PropMix

Direct Video Link: https://youtu.be/uOcqLKtaI_8

Profet.ai by PropMix, new in Appraise-It Pro, was created to reduce the amount of time it takes to complete an appraisal report. You can search, review, and import real-time MLS and public records data with images to improve report consistency. Then, narrow your search to save time, download your data, and transfer everything to your report easily.

Getting Started
1. Open a new report in Appraise-It Pro and enter your subject address.

2. Go to the Services tab and select Profet.ai.

  • If you have an active Appraise-It Pro subscription, you have received five free lookups so you can try PropMix.

3. Confirm your file number and subject address, then select Next.

  • Be sure this information is accurate. If you change it later, you’ll be charged for a second lookup if you use PropMix again on this report.

4. If you have used Profet.ai before, skip to the Using Profet.ai section. If not, continue to the Configuring Profet.ai section.

Configuring Profet.ai

1. Agree to the End User License Agreement by selecting I agree to the Terms and Conditions, then Continue.

2. Add at least one MLS that you have access to by selecting Click to configure when prompted, then select Add new.

3. Select your MLS from the list.

  • The list is grouped by state and in alphabetical order.
    Enter your membership number and select + Add. If you have additional MLS memberships, return to step 2.

4. Select Save & Verify.
5. Select OK twice.

Using Profet.ai


1. Confirm that the USPS-standardized subject address is correct and select Continue.


2. Next, you’ll get your first look at your subject’s MLS and public records data. If there’s any duplicate or conflicting data, Prophet.ai will make an educated guess as to which data to use. If you wish, you can manually switch which line item is correct. When you’re done reviewing, click Save and Continue.

3. The Search Market Conditions screen will now be shown.

  • Enter search information to narrow down your comparable and listing search.
  • The more data you enter, the more targeted and narrow your results will be. For instance, if I enter a search radius of 4 miles, a living area between 1000 and 2000 square feet, and a bedroom count between 2 and 3, then my results will be more focused and I will therefore have far fewer addresses to sift through.

When ready, click Search.


4. Select the comparables you would like to include in your report by checking the boxes in the leftmost column.

  • You may need to scroll to the right to see the entire table.
  • If you have more than one page of results, use the number buttons at the bottom of the page to cycle through them.
  • Select any header title (i.e. Status, List Price, Type, etc.) to sort the table by that column.
  • Select Modify search to return to step 9.


5. Select any street address to launch a detailed view of that property; select the Add to report check box to include the comparable in your report, Previous property and Next property to cycle through your search results, or the X at the upper right to return to the search results.

  • If needed, you can edit the property information in the detailed view by clicking the pencil icon to the right of a data point.
  • Note that data points with conflicts between the MLS and public records data appear red.

6. When you have selected all your comparables, select Save & Continue.

  • You can also use the download icon above the table to save all of the search results as a PDF or CSV file.

Transferring Your Data


1. Review your subject property data elements and charts, then select Export to SFREP.

  • If needed, you can edit the property information by clicking the pencil icon to the right of a data point.
  • By default, all MLS photos are selected and automatically labeled. You can deselect photos you don’t want and edit their labels.


2. Confirm your data transfer options, then select Next.


3. If you chose to transfer images in step 14, use the drop down menus for each image to select their destination in your report, then select Transfer.

You can reopen Profet.ai and make any edits for up to 30 days without being charged an additional lookup.

Options

Print this article Print this page
Search Again

Article Details

Last Updated
March 29, 2021