Frequently asked questions

How Levr works, what it is (and isn’t), and why the math stays in your hands.

The basics

What is Levr?: Levr is a pricing tool for licensed real estate agents. You select the comparable sales, Levr runs a transparent statistical regression on them, and you layer in the adjustments only a local expert can make. The result is a client-ready report that shows your work — not a black-box number.
Is a Levr report an appraisal?: No. Levr produces a comparative market analysis (CMA), not an appraisal. An appraisal is a separate, regulated product performed by a licensed appraiser. Levr is built to make your CMA more rigorous and easier to defend.
Do I need to understand statistics to use it?: Not at all. Levr runs the regression and explains the output in plain language. You bring the market knowledge; Levr handles the math.

How is this different from a Zestimate or other automated valuations?: Automated estimates run a model and hand you a single number — no comps, no price range, and no way to explain it. Levr shows the comps you chose, the weight of every variable, the most likely price range, and each adjustment you made. And because an algorithm only captures part of what moves a home's price, Levr lets you add the rest.
Is Levr AI-powered?: In the places it helps you, yes. AI drafts the plain-English narrative that explains your analysis to clients — built from the comps you chose, the model's results, and the adjustments you made — and you edit and approve every word before anyone sees it. The number itself never comes from AI: it comes from a transparent statistical model plus your judgment.
Do you choose the comps for me?: No — you do, and that's intentional. You know which sales are genuinely comparable. Levr never guesses which properties belong; it analyzes the ones you select.
Can I share the report with my clients?: Yes. Every report generates a polished, client-ready PDF and a shareable web link — designed to show your reasoning, not just the final number.

How accurate is it?: Levr is only as good as the comps you give it. The regression produces a statistical baseline and a most likely price range — but the model explains only part of a home's value. Condition, finishes, and location nuance account for a meaningful share, which is exactly why your adjustments matter. Levr is built to be honest about that, not to oversell one number.
How many comps should I use?: We recommend at least 25 recent, genuinely comparable sales. More real comps make the analysis steadier; weak comps just add noise — so quality matters more than quantity.
Why does my report show a range instead of just one number?: Because that's how real markets behave. No home sells for exactly one number — the final price depends on the buyer, the negotiation, and how the listing is positioned. Levr's range shows where the middle half of sale prices for comparable homes lands, measured from the comps the agent selected. Every valuation carries a range like this; most tools just don't show it or can't explain it. The recommended price sits at its center, and where a sale lands within it is the part the agent manages.
What is the R² number on the report?: R² measures how much of the price the comps alone explain. It is never the whole story — and that is the point. The remainder is the physical, local detail you bring to the table, captured in your adjustments.

What does it cost?: Starter is $29/mo for 5 reports a month; Pro is $49/mo for unlimited reports — plus your headshot and brokerage logo on every report. Every plan starts with a 14-day free trial: you won't be charged until the trial ends, and you can cancel anytime. Annual billing saves 20%.
Who built Levr?: Levr was built by a licensed real estate broker of over 20 years with an MBA — someone who has sat at the listing-appointment table, not a tech company that hasn't.

The fastest way to see what Levr does is to build a report. Free for 14 days — cancel anytime.