Our real estate APIs offer an AI-Powered Property Estimates feature, providing AI-generated price predictions for properties. This feature allows users to gain valuable insights into property values, both for listed and off-market properties. Homeowners and sellers can use these predictions to understand their buying power or equity position, helping them make more informed decisions.

Key Features

On-Market Property Estimates

For every listed property, an AI-generated price prediction is provided. An "estimate" object will be added to each listing when using the 'Search Listings' or 'Get A Single Listing' endpoints.
Predictions include a range (high and low estimates) and a confidence level.

Off-Market Property Estimates

Users can request estimates for off-market properties by submitting a JSON request containing the property's attributes using the 'Create Estimate' endpoint.
Useful for understanding buying power or equity position and for creating What's My Home Worth? experiences.

Integrated Messaging Support For Off-Market Property Estimates

Option to send immediate or monthly emails to clients with estimate details.
Enhances user engagement and retention.

Historical Value Visualization

The estimate object includes a history of predicted selling prices for the past 24 months.
Enables visualization of historical property values for both On-Market and Off-Market property estimates.

Estimate Object Breakdown

Here’s an example of what an estimate object looks like:

{
    "estimate": {
        "value": 756032.8125,
        "date": "2024-07-09T00:10:30.639Z",
        "high": 813998.5057848413,
        "low": 698067.1192151587,
        "confidence": 0.076670869738,
        "history": {
            "mth": {
                "2022-09": { "value": 727216.625 },
                "2024-04": { "value": 753425.375 },
                "2023-02": { "value": 740498.875 },
                "2022-12": { "value": 727203.0625 },
                "2024-03": { "value": 753584.375 },
                "2023-03": { "value": 743368.125 },
                "2024-06": { "value": 755687.1875 },
                "2023-04": { "value": 755727.4375 },
                "2024-05": { "value": 755142.3125 },
                "2023-05": { "value": 757856.5 },
                "2023-06": { "value": 756460.875 },
                "2024-07": { "value": 756032.8125 },
                "2023-07": { "value": 751060.875 },
                "2023-08": { "value": 747515.125 },
                "2023-09": { "value": 744308.5625 },
                "2022-08": { "value": 726073.375 },
                "2023-10": { "value": 740463.9375 },
                "2024-02": { "value": 750526.8125 },
                "2023-11": { "value": 739458.375 },
                "2022-10": { "value": 727212.875 },
                "2024-01": { "value": 742255.625 },
                "2023-12": { "value": 740722.375 },
                "2023-01": { "value": 729112.125 },
                "2022-11": { "value": 727366 }
            }
        }
    }
}

Attributes:

value: The predicted selling price.
low: The lowest expected selling price.
high: The highest expected selling price.
confidence: The predicted error as a percentage. A lower value indicates higher confidence in the prediction.
date: The date the estimate was generated.
history: Historical predicted selling prices for the last 24 months.

Endpoints

Create An Estimate

Endpoint: POST /estimates
Description: Create a property estimate by submitting a JSON request containing the property’s attributes. This endpoint isl for obtaining predictions for off-market properties.

Messaging Integration

When a clientId is supplied during an estimate request, users can choose to:

sendEmailNow: Immediately send an email to the client with a link to the estimate details.
sendEmailMonthly: Send monthly emails to the client with links to the estimate details, enhancing user retention.

Update An Estimate

Endpoint: PATCH /estimates/{estimateId}
Description: Update details related to an existing estimate. This endpoint allows for adjustments to reflect changes in property attributes, such as an increase in property taxes.

Get Estimates

Endpoint: GET /estimates
Description: Retrieve estimates created with clientId context. This endpoint is useful for managing a client’s property portfolio, allowing you to list all their properties and select specific estimates.

Delete An Estimate

Endpoint: DELETE /estimates/{estimateId}
Description: Delete an existing estimate.

Estimate API Reference

For a complete list of supported endpoints and parameters, please refer to our API reference.

Getting Started

To start using the AI-Powered Property Estimates feature please reach out to your account manager and request access to this addon.

For any additional assistance, please contact our support team.

Updated on: 09/07/2024