Visual neighborhood search tool released by SpatialMatch for Realtors

July 07, 2010 (PRLEAP.COM) Business News
LAJOLLA, CA. - After two years of intense development implementing hundreds of millions of bits of hyperlocal search data, Home Junction Inc. released the beta version of its SpatialMatch platform.

SpatialMatch is a geo-spatial neighborhood and property research tool that incorporates everything a real estate agent needs to help home buyers find the home that best matches their lifestyle. The beta version can be accessed for free at www.spatialmatch.com.

"We're excited to bring this sophisticated new real estate search tool to the Realtor community" said VP and co-founder Grant Gould. "Our technology will help agents and brokers level the playing field in what has become a highly competitive real estate information oriented landscape."

The database powering the platform is enormous, Gould said. As an example of just a few of the data layers, the database contains more than 60 million properties, 12 million businesses, and 130,000 schools with detailed information for each. Also included are boundaries for school districts, neighborhoods, cities, counties and even property parcels. All of these items are displayed with an interactive array of color-coded "dots," proximity circles, and distance sliders.

The search takes place in real-time and thousands of data bits are simultaneously displayed according to the requests of the user.

Potential customers can overlay the features they are researching on a map all at one time, including data such as desired distances from work, school, or any custom location to create a comprehensive visual display of all the information they need to make more informed decisions.

Users can save that data for future reference which includes applying the same 'filter' sets to any neighborhood, zip, county, city, or state in the USA. The save feature creates a lead-generation opportunity for Realtors as well.

There is also a free Home Value Report (AVM) generator that provides a value range that leads users to request a full report, with comparable home sales, resulting in another way Realtors can receive a quality lead.

Access to the SpatialMatch platform can easily be embedded into any web site and is available on a monthly subscription basis.

When asked about the motivation for creating SpatialMatch, CEO and co-founder John Perkins said: "There are three reasons. First of all, today's consumers demand more and more information prior to making a home purchase. SpatialMatch delivers that in a big way and we have designed it to be complimentary to the way that agents and brokers run their businesses. Next, in this 'age of information,' consumers will want to do business with, and will be impressed by a real estate expert who has the most hyperlocal and relevant information for that consumer."

Perkins added, "Finally, and most importantly, SpatialMatch will help home buyers make decisions faster and help agents sell homes quicker. We believe this is a must-have tool for real estate agents, brokers, and consumers."

For more information contact Robert Caston, Communications Manager, at robert.caston (at)homejunction.com.