BlockShopper.com

Definition

BlockShopper.com is an online platform that provides users with detailed information about housing sales, property values, and real estate transactions in selected cities and suburban towns. This website acts as a valuable resource for individuals looking to gain insights into the real estate market by allowing them to input specific community names and access pertinent data.

Examples

Example 1: A prospective home buyer wants to know the average sale price of homes in Oak Park before making a purchase. By visiting BlockShopper.com and entering “Oak Park” into the search, the individual can view recent sales, pricing trends, and other relevant real estate data.
Example 2: A real estate agent uses BlockShopper.com to gather neighborhood-specific sales data to better inform their clients about the market conditions in different communities. By inputting various community names, the agent can provide accurate and up-to-date information to their clients.

Frequently Asked Questions (FAQs)

1. What kind of information can I find on BlockShopper.com?

BlockShopper.com offers data on housing sales, property prices, transaction histories, and other relevant real estate metrics for selected cities and suburban towns.

2. Is BlockShopper.com free to use?

Basic information may be accessible for free, but comprehensive details and reports might require a subscription or purchase.

3. How often is the data on BlockShopper.com updated?

The data is regularly updated to ensure the accuracy and relevancy of the information provided to users.

4. Can I use BlockShopper.com to find historical sales data for a specific property?

Yes, you can find historical sales data as well as transaction histories for specific properties on BlockShopper.com.

5. Is BlockShopper.com available in all cities?

BlockShopper.com covers selected cities and suburban towns, and its coverage area is growing. It is advisable to check the website to see if your desired location is included.

Multiple Listing Service (MLS): A database established by cooperating real estate brokers to provide data about properties for sale.
Comparative Market Analysis (CMA): An evaluation tool in real estate that estimates the value of a property based on the sale prices of similar properties in the area.
Real Estate Comps (Comparables): Recently sold properties that are comparable in size, condition, location, and features to the property being evaluated.
Property Appraisal: A professional assessment of a property’s value, generally performed by a certified real estate appraiser.
Zillow: Another online real estate platform that offers similar information on property sales, including values, trends, and listings.

Online Resources

BlockShopper.com - The official website providing access to housing sales and property information.
Zillow.com - Offers additional tools and information for property searches and valuations.
Realtor.com - A comprehensive resource for real estate listings and market data.

References

“Real Estate Data – BlockShopper”. (n.d.). Retrieved from BlockShopper.com
“Comparative Market Analysis – Definition”. Investopedia. Retrieved from Investopedia.com
“What is the MLS?”. National Association of Realtors. Retrieved from Realtor.com

Suggested Books for Further Study

“The Millionaire Real Estate Agent” by Gary Keller
“Real Estate Market Analysis: Methods and Applications” by Deborah L. Brett and Adrienne Schmitz
“Real Estate Investing for Dummies” by Eric Tyson and Robert S. Griswold
“How to Win Friends and Influence People in Real Estate” by Dale Carnegie & Dawn Jones
“Real Estate Principles: A Value Approach” by David C. Ling and Wayne R. Archer

Real Estate Basics: BlockShopper.com Fundamentals Quiz

### What is the primary purpose of BlockShopper.com? - [ ] To list rental properties. - [x] To provide information on housing sales in selected cities and suburban towns. - [ ] To sell real estate directly to users. - [ ] To provide mortgage services. > **Explanation:** BlockShopper.com is designed to provide users with detailed information about housing sales in selected cities and suburban towns, rather than listing rentals or selling properties directly. ### Can historical sales data for specific properties be found on BlockShopper.com? - [x] Yes, historical sales data can be found. - [ ] No, only current sales data is available. - [ ] Only rental data is available. - [ ] Only future sales data is provided. > **Explanation:** BlockShopper.com provides historical sales data, which allows users to view transaction histories for specific properties. ### Does BlockShopper.com cover all cities and suburban towns? - [ ] Yes, it covers every city and town. - [x] No, it covers selected cities and suburban towns. - [ ] Only major metropolitan areas are covered. - [ ] Only the state of California is covered. > **Explanation:** BlockShopper.com covers selected cities and suburban towns. The availability of data depends on the region the platform supports. ### What type of user typically benefits from using BlockShopper.com? - [ ] Only rental seekers. - [ ] Individuals selling their own homes. - [x] Prospective home buyers and real estate professionals. - [ ] Real estate lawyers. > **Explanation:** Prospective home buyers and real estate professionals benefit from using BlockShopper.com by accessing detailed real estate data and housing sales information. ### Is the information on BlockShopper.com regularly updated? - [x] Yes, it is regularly updated. - [ ] No, it is updated annually. - [ ] It is only updated on request. - [ ] It is never updated once published. > **Explanation:** The information on BlockShopper.com is regularly updated to provide users with the most accurate and relevant real estate data. ### Can BlockShopper.com be used to obtain appraisals? - [x] No, it provides sales data but not appraisals. - [ ] Yes, it offers online appraisals. - [ ] Yes, for a fee. - [ ] Yes, but only in select cities. > **Explanation:** BlockShopper.com does not provide property appraisals; it offers sales data and transaction information relevant to the real estate market. ### What kind of resource is BlockShopper.com classified as? - [ ] A rental listing website. - [ ] A mortgage lending site. - [x] A real estate information and data platform. - [ ] A real estate brokerage site. > **Explanation:** BlockShopper.com is classified as a real estate information and data platform, providing users with housing sales and property data. ### Which related online resource offers similar real estate information as BlockShopper.com? - [ ] Google Maps - [x] Zillow - [ ] LinkedIn - [ ] Amazon > **Explanation:** Zillow offers similar real estate information, including property sales, values, and market trends akin to what BlockShopper.com provides. ### Can users directly purchase properties through BlockShopper.com? - [ ] Yes, it acts as a direct selling platform. - [x] No, it provides data and information only. - [ ] Yes, but only in certain cases. - [ ] Yes, if they subscribe. > **Explanation:** BlockShopper.com provides data and information for the real estate market and does not act as a direct platform for purchasing properties. ### How can real estate agents benefit from using BlockShopper.com? - [ ] By obtaining rental listings. - [ ] By making direct purchases for clients. - [x] By gathering neighborhood-specific sales data to inform clients. - [ ] By listing commercial properties. > **Explanation:** Real estate agents benefit from BlockShopper.com by gathering neighborhood-specific sales data, helping them provide up-to-date and accurate information to their clients.