residex CMA report

Discussion in 'Property Information Resources & Tools' started by tanya cross, 9th Feb, 2017.

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  1. tanya cross

    tanya cross New Member

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    interested in getting the residex CMA report for 2 of my investment properties in WA and wondering if anyone has access tot his please

    thanks
     
    tanya cross, 9th Feb, 2017
    #1
  2. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

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    I know for a fact that at least half the brokers on this forum provide Residex CMAs to their clients.
     
    Peter_Tersteeg, 9th Feb, 2017
    #2
  3. Jess Peletier

    Jess Peletier Mortgage Broker & Finance Strategy, Aus Wide! Business Member

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    I have RP data but would be very similar.
     
    Jess Peletier, 9th Feb, 2017
    #3
  4. D.T.

    D.T. Specialist Property Manager Business Member

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    I have residex, rpdata and pricefinder :D
     
    D.T., 9th Feb, 2017
    #4
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  5. dabbler

    dabbler Well-Known Member

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    dabbler, 10th Feb, 2017
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  6. tanya cross

    tanya cross New Member

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    thanks everyone!!
     
    tanya cross, 10th Feb, 2017
    #6
  7. karmark

    karmark Active Member

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    i wonder which one bank uses for valuation residex, rpdata and pricefinder?
     
    karmark, 10th Feb, 2017
    #7
  8. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

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    Most lenders are using RP Data. I heard that Residex and RP Data are now owned by the same group (this is not verified).

    It's as relevant as you might think. I've seen plenty of RP Data reports with a very different figure to the banks version. I've seen a lot of reports from Residex and RP Data, there doesn't appear to be any pattern as to which is more accurate.
     
    Peter_Tersteeg, 10th Feb, 2017
    #8
  9. D.T.

    D.T. Specialist Property Manager Business Member

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    They can all be accurate or inaccurate at times. It really depends on what data they have in them for both the target property and comparable properties.

    Can't do much other than just use it as a guide. Or as some people do, use the one that gives them the result they like the most :p
     
    D.T., 10th Feb, 2017
    #9