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Coldwell Banker Real Estate LLC Launches New Online Tool to Track Home Values in Fluctuating Markets.


Home Tracker Also Helps Homeowners Store Maintenance Records, Access Community Data

PARSIPPANY, N.J. -- Coldwell Coldwell may refer to:
  • Addy Joaquín Coldwell, Mexican politician
  • Coldwell Banker, American real estate franchise
  • Cec Coldwell, English footballer & team manager
  • Douglas-Coldwell Foundation, Canadian think tank
  • George R.
 Banker Real Estate LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 today debuts Home Tracker, an industry-first online resource that allows homeowners to gain a full understanding of the value of their home while also simplifying the day-to-day responsibilities of homeownership. Coldwell Banker([R]) Home Tracker, available on the award-winning Web site, www.coldwellbanker.com, combines current real estate sales data with actual or planned physical improvements to produce a dynamically updated estimate of a home's market value.

The Coldwell Banker Home Tracker also performs a host of other helpful services, enabling homeowners to organize their home maintenance records, store receipts for major purchases, file digital photos for insurance purposes and access local community data, including school information and recent neighborhood sales.

"We know that a home is the largest investment most people will make in their lifetime," said Charlie Young, chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of Coldwell Banker Real Estate LLC. "Homeownership does not stop at the day of closing. It is an ongoing process. Home Tracker allows consumers to set reminders of routine maintenance responsibilities, utilize it for online storage of important home records, and documents, and also allows them the opportunity to track the value of their home before, during and after renovations."

User features of the password-protected Coldwell Banker Home Tracker include:

* The Home Value Estimator, which lets the homeowner track the estimated value of the property and compare it to the county median;

* The Improvement Calculator calculator or calculating machine, device for performing numerical computations; it may be mechanical, electromechanical, or electronic. The electronic computer is also a calculator but performs other functions as well. , which modifies the value of the home estimate based on actual or hypothetical Hypothetical is an adjective, meaning of or pertaining to a hypothesis. See:
  • Hypothesis
  • Hypothetical
  • Hypothetical (album)
 home improvements. For instance, if a homeowner were considering a $50,000 kitchen remodel re·mod·el  
tr.v. re·mod·eled also re·mod·elled, re·mod·el·ing also re·mod·el·ling, re·mod·els also re·mod·els
To make over in structure or style; reconstruct.
, the tool would calculate how much that investment would increase the home's value based on local or regional data;

* The Maintenance Log, which allows users to store improvement and maintenance information, including vendor data and repair dates. The user can request a reminder by e-mail or RSS feed Summaries of Web site content that are published in the RSS format for download. See RSS.  when the next maintenance is "due";

* Alerts, which users can request to notify them of changes in home value and recent neighborhood sales;

* A Notes and Documents section, where consumers can store any home-related materials for future reference. Receipts from the purchase of major appliances A major appliance is usually defined as a large machine which accomplishes some routine housekeeping task, which includes purposes such as cooking, food preservation, or cleaning, whether in a household, institutional, commercial or industrial setting.  and electronics can also be scanned and saved here;

* Community and School Information, which includes local statistics along with information on individual schools and their letter "grade";

* A Photo Album, especially useful for before and after pictures of renovations. It also provides a place to store photos of the home for insurance purposes;

* Local Coldwell Banker Sales Associate and Office Information details, available for quick reference.

About Coldwell Banker([R])

Since 1906, the Coldwell Banker([R]) organization has been a premier full-service real estate provider. In 2006, Franchise Times magazine's prestigious Top 200 issue ranked the Coldwell Banker system number one in real estate for the eighth straight year and number 12 among all franchisors. The Coldwell Banker System has approximately 3,800 residential real estate offices and more than 120,000 sales associates in 42 countries and territories. The Coldwell Banker System is a leader in the industry in residential and commercial real estate, and in niche markets A niche market also known as a target market is a focused, targetable portion (subset) of a market sector.

By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers.
 such as resort, new home and luxury property through its Coldwell Banker Previews International([R]) division. It is a pioneer in consumer services Consumer Services refers to the formulation, deformulation, technical consulting and testing of most consumer products, such as food, herbs, beverages, vitamins, pharmaceuticals, cosmetics, hair products, household cleaners, [paints, plastics, metals, waxes, coatings, minerals,  with its Coldwell Banker Concierge([R]) Service Program and award-winning Web site, www.coldwellbanker.com. Coldwell Banker Mortgage is one of the largest telephone/web based lenders in the country. Coldwell Banker Real Estate LLC is a subsidiary of Realogy Corporation, a global provider of real estate and relocation services Relocation services or "employee relocation" includes a range of internal business processes that are engaged to transfer employees (and often their families) or entire departments of a business to a new work location. . Coldwell Banker([R]) is a registered trademark licensed to Coldwell Banker Real Estate LLC. Each office is independently owned and operated.
COPYRIGHT 2007 Business Wire
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Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Oct 18, 2007
Words:620
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