NEW FEATURE! True Lifestyle Cost

Financial expert Suze Orman notes that a mortgage is only a portion of one’s total housing costs. How would you like to be the best source where homebuyers can discover the true costs of homeownership in your local markets?

NorthstarMLS is pleased to announce “True Lifestyle Cost” (TLC) as a core service at no extra charge to you. For single-family residential properties, this new tool – exclusively available from real estate agents and brokers – helps you show clients the true cost of homeownership with adjustable expenses for many factors, including commuting expenses, average utility bills, daycare cost, the number of people in the household and more.

You can access TLC in one of several ways:

  • Click the “True Lifestyle Cost” link/icon below the main photo on any property full display in the Single Family Property type.
  • Hover over the Matrix “Home” tab and select “True Lifestyle Cost” from the dropdown menu.
  • Click “True Lifestyle Cost” link in the External Links box on the Matrix home screen.

In the coming weeks, we are making a variety of resources available to help guide you through using TLC. Watch for webinars to be announced soon. In the meantime, check out these resources:

  • The TLC YouTube channel. Watch a series of short demo videos (3 minutes or less) describing the benefits of TLC and how to use it.
  • Take the quick TLC Tour: After opening TLC, click the “Start Tour” link in the upper right corner of the screen. This self guided 9-step tour will show you how to use the TLC interface.
  • The TLC User Guide

Please take just a couple of minutes to explore this new valuable tool as in the coming weeks, buyers and sellers may be asking you about TLC. Stay tuned for more information!

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