Porch, the home improvement network, and realtor.com®, a leader in online real estate operated by Move, Inc. (Nasdaq:MOVE), announced the launch of the Porch Home and Neighborhood Report, a free, innovative resource for understanding the remodeling and project history of a specific home and its neighborhood, to millions of prospective home buyers searching for homes on realtor.com.
Built using data and insights from the Porch Home Improvement Network of 1.5 million professionals and their 98 million projects, the Porch Home & Neighborhood Report provides a new level of insight and information that can be used to inform the home search process. The report includes home improvement project history, the cost and details of remodels and projects, background information for professionals that have previously worked on the home and neighborhood, and vital neighborhood statistics, such as how long neighbors have lived in their homes and the size, age, and cost of comparable neighborhood homes.
Realtor.com, the official site of the National Association of REALTORS® (NAR) is first-to-market to provide access to the Porch Home & Neighborhood Report, free of charge. This new remodel and project history adds to the industry's most accurate, timely and comprehensive listing information available to the marketplace on realtor.com.
Available today on realtor.com, Porch Home & Neighborhood Reports can include the following:
With a Porch Home & Neighborhood Report, prospective homebuyers have a completely new and never before available tool for conducting a detailed, informed home search. The Porch Home & Neighborhood Report puts real figures in place of estimations, backed by data collected from city permitting departments, materials suppliers and professional associations as well as provided by professionals and their clients.
"We are delighted to be joining with Porch in delivering an innovative new layer of real estate information for buyers and sellers," said Steve Berkowitz, chief executive officer of Move. "The Porch Home & Neighborhood Report adds tremendous insight that a prospective buyer or seller can discuss with their Realtor to help them make the best decision about the purchase or sale of the home. It's another way to help consumers quickly understand with confidence the various costs associated with a home, which is especially critical in today's market with multiple offers and homes moving very quickly."