Fast, Accurate and Complete Market Condition
data at the click of a mouse.
Fannie Mae 1004MC data in seconds.
SAVE TIME, DO MORE

Ah, the joys of researching Market Conditions...Now do it with ease.

Welcome to the Appraiser's WorkBench, a spreadsheet tool that takes your exported MLS data and generates a variety of useful facts and figures to enable you to provide your clients with prompt, precise and relevant information on Housing Supply, Distressed Sales Activity and 3-Years of comparative market conditions. You will be able to rapidly complete the FNMA 1004MC Form and have data to help complete the narrative questions as well.

The Appraiser’s WorkBench was developed for the Northern Illinois region, serviced by Midwest Real Estate Data, LLC (MRED), using the  system. Our designers custom tailor software for regional applications.                                
Send us your MLS field names that mirror those used in this region and we’ll create a version to meet your needs.    (Contact Us)       

What does it do? The Appraiser’s WorkBench will automatically scan the results of your MLS output, internally assemble the transactions into each time frame required for the FNMA 1004MC form, and create an Excel worksheet that reports the results of that process. All the mathematical calculations are done for you; Total sales, Median values, Absorption rates and Sale to List Ratios. You can then copy the appropriate numbers to the 1004MC form, and review the results in order to select either “increasing”, “stable” or “declining” for each segment and add comments regarding the market conditions you believe these results are describing.                                                                                                     Next >