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Support Your Adjustments Using Accepted Methodologies Appraisers are being tasked with providing even greater detail and analytical support for their adjustments and comparable selection. Your local market experience and knowledge are invaluable to providing a thorough analysis, but lenders are demanding greater transparency and repeatable results using accepted methodologies — Redstone™ was developed specifically to address these challenges. An accepted methodology for calculating your adjustments is Regression Analysis. It's the same methodology employed by most AVM's in calculating adjustments and values. Redstone's regression tool is intuitive and the appraiser is in control — this is not an AVM that is simply digesting your data. Redstone will also analytically support your comparables selection with three ranking scores that are prioritized by the appraiser to provide a final comp selection ranking that's repeatable and transparent. Over 12,000 of your fellow appraisers have downloaded and read this document. Have you? Download the Redstone regression overview document and review the fundamentals of multiple regression. Reacquaint yourself with the terms used in regression analysis and learn the steps to refine your regression model in Redstone. Download the Redstone Regression Overview Download the Redstone addendum sample to see for yourself the detailed analytical support that can be added to your appraisal report. The Redstone addendum includes detailed analytical support for your comparables selection, adjustment support with regression and automatically generated 1004MC report. Add more than just a regression analysis to your report. Redstone is an advanced analytics system that provides your report the analytical credibility that reviewers will recognize and appreciate. The Redstone addendum is exported as a PDF and easily attached to your report generated by any of the popular form-filling appraisal software applications. Download a Sample Redstone Addendum For more information and step-by-step demonstration video on Redstone, click here. Redstone – Advanced Features. Advanced Appraisal Analytics.   Adjustment Support using Regression Analysis Support your adjustments with the industry's most user friendly and intuitive regression tool. Easily manipulate the model to include or remove characteristics with a simple click of the mouse. The scatter plot and accuracy distribution chart visually show you how well the model is working along with the statistical output.   Analytically Support Your Comparable Selections Redstone helps support your comp selection analytically by providing three ranking scores: Characteristics Matching; Nearness Ranking and Appraiser Weighting. By combining these scores into a final ranking, you can refine and analytically demonstrate how the final selection and ranking of comps was derived.   Seven Overvaluation Indicators Only Redstone provides you with seven indicators of value. Use these value indicators for reference in the unique Value Comparison Chart where you can plot your own value conclusion. Two additional charts showing the market sales and listing distribution clearly show where the subject value is located in the distribution.   Automatically Generated 1004MC Report Redstone, as part of its market analysis capability will automatically generate the data necessary for completion of the 1004MC addendum. Trend charts and comments describing the trends are auto generated as well and added to the report.   Graphically Define Market Areas. Easily Import MLS Visualization of the market areas and proximity of the sales and listing is important. Redstone enables you to easily create (and save for reuse) a map polygon showing the boundaries of your market area. We have mapped the export of over 950 MLS systems for easy, hassle-free importing into Redstone. Properties are instantly displayed on a map within your market area.   Easily Add Redstone to your Appraisal Report ClickFORMS users can simply copy and paste the Redstone Analysis Addendum into their appraisal report. Users of other form fillers can quickly create a PDF of the Redstone Analysis Addendum and import the PDF into their appraisal reports. It's that simple to have the best appraisal analytics as part of your appraisal report.   For more information about Restone, visit our website. Bradford Technologies, Inc. 302 Piercy Road, San Jose, CA 95138 | (800) 622-8727 | info@bradfordsoftware.com Ann O'Rourke, MAI, SRA, MBA Appraiser and Publisher Appraisal Today 2033 Clement Ave. Suite 105 Alameda, CA 94501 Phone:   (510) 865-8041 Fax:        (510) 523-1138 Email:    ann@appraisaltoday.com Web:      www.appraisaltoday.com