Adding a Market Area
Market areas are reference data that indicate geographical regions used
when analyzing historical bid prices. Market areas include regions that
contain one or more counties grouped together for estimation purposes.
The Add Market Area component enables you to add a new market area to the system. To access the component, select Add from the Actions menu on the Market Area Overview component header.
To save a new reference market area, you must enter information in the Market Area field. It is not required, but you can also enter information in the Description and Obsolete Date fields.
Click Save when you are finished. The system takes you to the Market Area Summary component for the new market area and displays a message to confirm that your changes were saved. Add region and county information to the record as needed. For more information, see Maintaining a Market Area.
Maintaining Market Area Information
Maintaining Market Area Regions and Counties
