LightBox Valuation Homepage
  • 19 Dec 2023
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LightBox Valuation Homepage

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Article Summary

The LightBox Valuation homepage contains links to five applications. Click a link to open that application in a new browser tab.

Note: 
Only applications that you (or your organization) have access to will be visible from within Valuation.

Feature Overview

Jobs

  • Manage RFPs and Jobs received from RIMSCentral and PARCEL. Easily navigate to RIMSCentral and PARCEL.
  • Create, edit or delete or RFPs and Jobs to track Jobs/RFPs that originated outside of RIMSCentral and PARCEL.
  • Bulk upload RFPs and Jobs that originate from outside of RIMSCentral and PARCEL.
  • Bulk Accept, Reject or edit RFPs that originate from outside of RIMSCentral and PARCEL.
  • Bulk Status change or edit of Jobs that originate from outside of RIMSCentral and PARCEL.
  • Create rules to auto-share RFPs and Jobs with another member of your organization.
  • Share individual RFPs and Jobs with members or your organization.
  • Bid smarter by viewing prior Jobs, property data, scope of work details and bidding data before responding to an RFP. Never underbid a proposal again.
  • Launch the Research, CashFlow and Report Writer apps for a specific Job.
  • Bulk export Jobs to Report Writer's Job Manager.
  • Power User view – Report on all team members RFPs and historical jobs. View and edit auto-share delegates.

Research

  • Conduct in-depth research on a subject property with state of the art map visualizations paired with data.
    • Use our Site Definition tools to select the parcels
    • Research Market location data and decide on which trade areas are appropriate for demographics
    • Draw and define the Neighborhood area, view School district and Crime data.
    • Use measurement tools to ascertain frontages in the Site object as well as Traffic and Flood, Wetlands and Seismic hazards.
    • Research market Sales and Transfers for the subject.
    • View the BFUSA footprint associated with the assessor's Improvements records.
    • Review Assessment and tax data provided by LightBox’s team of professional researchers.
    • Review Zoning data provided by LightBox’s team of professional researchers.
    • Select Land and Improved Sales Comps for your analysis.
  • Export the research data as a zip file or send to the Report Writer app.
  • Use the Property Search tool to find and conduct research on properties.
  • Use map tools to measure and label properties.
  • Add map layers to view relevant data, such as home values, wetlands, and zip code boundaries.
  • Build an exportable list of property records.
  • Export properties to the Report Writer app.

CashFlow

  • Create a discounted cash flow in 20 minutes or less!
  • Gain better insight into real estate financial data and discounted cash flow analysis.
  • Efficiently improve transparency when underwriting various property types.
  • Create and manage property-level valuation models.
  • System checks all entries and selections as a property evolves to reduce risk.
  • Works seamlessly with existing solutions, such as importing spreadsheets and Argus files.

Report Writer 

  • Valuation Integrations
    • Import subject data collected in the LightBox Valuation Research application. (Over 140 fields!)
    • Import comps assigned to the Research project.
    • Import properties from the Research properties object.
    • Single or Bulk import Jobs from the Jobs application.
    • Import CashFlow exports to the Valuation Excel model.
    • Valuation data can be automatically uploaded to PARCEL.
  • Cloud-based Property, Job and Contact Database:
    • Securely access your comparables, Jobs and Contacts from anywhere.
    • Advanced Search capabilities. Search and manage your properties with Saved and Map Searches.
    • Utilize properties as comparables or as your subject.
    • Save your subject data curated in excel - back to the Database for use as an update later or as a comparable.
    • Robust standardized Data Capture. Over 600 Valuation-specific fields.
      • Multiple Parcel Data Capture for Site and Assessment data, multiple zones for Zoning data, multiple Buildings in Improvements.
    • Create fields, calculations, dropdowns and custom data entry views to support your specialty property type or create a quick data capture.
    • Event Capture – capture multiple sales, lease records and expenses over the life of a property. Decide which event to use in your analysis.
    • Job Management. Robust Job Search with assignment, Job details including Scope, Client details and Fee information.
    • Contact and Appraisal License Management.
    • Bulk import of comparables into the web database.
    • Share comps with other Report Writer account holders that opt in to sharing with your firm.
    • Manage Auto-text entries in a web interface.
    • Report and manage Duplicate properties.
  • Excel and Word-based Report Writer
    • Customizable Excel Templates, with powerful features. Import your existing model into a Report Writer excel template. Create custom tables and fields on the fly to support a Valuation report.
      • Out of the box Excel model - Property type agnostic, all three approaches
    • Customizable Word templates. Quickly turn your existing word template into a Report Writer template.
      • Out of the box word templates for:
        • Appraisal Report with all three approaches - Property type agnostic
        • Land Appraisal Report
        • Multi-Family Report with all three approaches
        • Commercial Evaluation Report
        • Invoice Template
        • Engagement Letter Template
    • Excel fields and Tables merge to word templates with a single click. 
    • Auto -text library databases pages of text for quick insertion in reports. 
    • Automatic comparable Maps.

Insights

  • Use the Time of Bid module to view key information that will facilitate quicker, more effective bidding on assignment opportunities.
  • Conduct in-depth market analysis with the Research Center, a flexible query tool that provides access to LightBox’s broadest data set across multiple time periods.
  • Use the Performance Monitor to view company performance over time, comparing against previous periods, as well as benchmark data provided by LightBox.

 


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