REAL ESTATE MARKET ANALYSIS AND REPORTING PROCESS

Created by ChecklistGuro (https://checklistguro.com)

[ ] Fetch Property Comparables: Retrieve all recent sales entries from the 'Property Transactions' data model within a specific radius and date range.
[ ] Fetch Market Trends Data: Retrieve historical pricing and inventory levels from the 'Market Trends' data model.
[ ] Calculate Average Price per SqFt: Calculate the average price per square foot from the retrieved comparable properties entries.
[ ] Calculate Median Days on Market: Determine the median number of days properties stayed on the market from the filtered entries.
[ ] Estimate Market Value Variance: Calculate the percentage difference between the subject property's asking price and the calculated market average.
[ ] Create Analysis Record: Create a new entry in the 'Market Analysis Reports' data model containing the calculated metrics.
[ ] Assign Analyst Review: Create a task for the Senior Real Estate Analyst to review the generated data for accuracy.
[ ] Assign Visual Mapping Task: Create a task for the GIS Specialist to plot the comparable properties on a map overlay.
[ ] Update Property Status: Update the status of the subject property entry to 'Analysis Complete'.
[ ] Generate PDF Market Report: Generate a formal PDF report summarizing the findings, charts, and comparable data for client presentation.
[ ] Notify Client of Report: Send an email to the client with the attached Market Analysis Report and a summary of findings.
[ ] Internal Stakeholder Alert: Send an email to the Sales Team notifying them that a new market analysis is ready for use in their pitches.
[ ] Urgent Update Alert: Send an SMS to the Lead Agent if the market variance exceeds a certain threshold (e.g., sudden price drop).
[ ] Log Audit Trail: Update the 'Process Logs' data model with a timestamp and user ID of who completed the report.

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