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Frequently Asked Questions

  

FannieMae has updated the logic for Active Listings(SEL-2010-09). When will this be implemented?
This logic is currently available on the website.

To use the OLD logic, just check the USE OLD ACTIVE LISTING LOGIC check box when uploading your file.

When I calculate the SP as a % of LP, I get a different number, what's going on?
This is the most misunderstood field to calculate.  You have to take the SP / LP for EACH SOLD listing.
Then you sort those values and pick the middle one.
You CAN NOT take the MEDIAN SP and divide it by the MEDIAN LP.
That is mathematically incorrect, and NOT what Fannie Mae is looking for.

Why are we searching on List Date going back 24 months when the 1004MC only asks us to report on the last 12 months?
By searching by LIST DATE and going back 24 months we are grabbing ALL listings regardless of their status from the last 2 years.  If a listing was created 18 months ago, and sold in the 7-12 months time frame, we want to grab that listing.  The TADA! 1004MC Analysis Tool is intelligent and will discard a listing that had no activity within the last 12 months.

How do I get the chart into my Appraisal Software?
Right click (with the RIGHT mouse button) directly on the CHART.  Then select SAVE IMAGE AS...
You can save this JPEG file (same as a digital photo from your camera) anywhere on the computer you want.
You would then add the JPEG file to an exhibit or your software just like it was a SUBJECT PROPERTY PHOTO.

What happens with our listing data?
Your listing data is loaded into the computers memory for the purposes of calculating the 1004MC calculation.  No data is retained by TADA! Appraisal Services.

How much does the service cost?
$9.99, PER USER, PER MONTH. Unlimited Use.

If I have unlimited use, why can't I share my account?
We priced the system as cheap as we possible could.  If users share accounts, then we will not be able to maintain such a inexpensive price for the service. 

How do I tell which MLS Software I have?
Click here for some help figuring out which software your MLS runs. 

Which MLS Systems works with the 1004MC Analysis Tool.
Click here to read about the Compatible MLS Systems. 

How does this whole thing work?
Click here to see screen shots of the actual process in the works!

How do I get technical support?
Use our SUPPORT/CONTACT US form to submit any technical questions you may have.
If you have an issue with you data file, please upload that data file with an explanation of your problem. 

1004MC Help