Expert Deal Analysis with Premium Comps Data
The most accurate after repair value of your property is one of the most important deal attributes that you need to understand, in order to ensure that you are getting into a profitable deal.
If you get this value right, then you can screw up a lot of other parts of your deal, and still come out on top. The opposite is not true, however. If you get the value wrong, it doesn’t matter how well you manage a project: you’re still going to lose money.
Unfortunately, if you use a software that uses the free Zillow API for your valuation (any software that ends in –ator –eck –orce –eadsheet –ster –odio and many more), then you are leaving your valuation, and the success of your business to the worst data set available out there.
(I love Zillow, but the data from their API that everyone uses is not the same data that you will find on the Zillow site and is not suitable for valuation. This is why after 20,000 deals we switched to our premium data source for our paid customers with incredible results).
And these companies charge for this stuff? That’s unconscionable.
This one fact might be the overwhelming reason why over 90% of people starting in real estate investing fail.
This is probably why many HomeVestors franchisees trust our tools and data to help them come up with a true value for their target properties. (We are not related or in business with HomeVestors. It’s just a fact.)
And this is also why we have testimonials like:
“I use your software because I never again want to cut another $80,000 check for a mistake in valuation”
This testimonial beats my own personal $15,000 mistake in valuation, which prompted me to build this software in the first place and follow a mission of preventing people from making those same mistakes.
The stakes are high. Even if you miss your valuation by 5% of the median home value, choosing the wrong software will impact your bottom line by over ten thousand of dollars.
