K-Bar Launches New Real Estate K-Bar® at NVAR Annual Conference in McLean,VA

October 21, 2006 (McLean, VA) – Over the past two years Real Estate K-Bar® (www.k-bar.net) has developed a reputation among web-savvy Realtors as the most sophisticated real estate pricing system for the Washington area. Today K-Bar releases a more robust and user-friendly version of this dynamic system for the benefit of Realtors, consumers, and mortgage lenders.

With its new release, Alexandria-based K-Bar seeks to become the industry standard for home valuation and real estate research in the Mid Atlantic. How much is too much to pay for a house? How does any property size up in the context of all others? K-Bar provides reliable answers to these questions and others.

The new version of Real Estate K-Bar offers the following new features:

• A new user-interface: The new user interface leads users through K-Bar’s valuation system with simple 4 step process.

• Auto selection: system now selections neighborhoods and home types for users

• Dashboard: K-Bar evaluates not only recent sales and current listings but also critical data on every house in a given neighborhood. Thus, K-Bar is able to present comprehensive snapshots of localized markets that place any home in its proper context and reveal its fair market value.

• Lead Generation: As K-Bar builds on its loyal user base, it will become a valuable lead source for Mid Atlantic Realtors and mortgage brokers looking to connect with new clients.

• Neighborhood K-Bar®: For buyers and sellers, Neighborhood K-Bar provides consumers with a high level visual snapshot of housing markets in areas of interest. This is free service.

• Unlimited web/phone support for Realtor and lender subscribers: K-Bar analysts are ready to provide K-Bar subscribers valuation assistance as they become proficient with the K-Bar system.
Real Estate K-Bar’s founder, Bahram Khozai, Phd, says “the Dashboard capability is a great step forward for Realtors to be able to more quickly evaluate a properties potential and price it to move in the current slowing market. Feedback from our beta users leads us to believe the new Dashboard will be a tremendous advantage as they compete for listing or negotiate sales contracts.””

Members of the media are invited to visit K-Bar at www.k-bar.net and or request a trial account from John Daus, john@k-bar.net or 703-850-9482.