Technology is a huge part of the world around us and real estate is no exception. We have been researching the use of technology in real estate investing for some time now and are attempting to create a resource page for your use and reference. Today as we open the subject, I’m going to share with you how we have tentatively outlined the subject, listed programs, websites, and apps to check out, and how we are going to open this up for YOU to contribute to the listings. This will likely become an ongoing feature of the show. We certainly won’t cover everything today or even next time, but we know it’s an important part of investing so we are going to make it a regular topic.
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Topic: RE Tech
The Purpose of Technology
It’s not a replacement.
- Doesn’t replace understanding
-
- what a deal is.
- The process of getting a deal done
- Doesn’t create common sense - comps.
- Doesn’t replace the need to build relationships.
- Won’t go see properties for you, although we are getting closer on that all the time.
- It may suggest a solution, but it won’t make a decision (and we don’t want it to).
It’s a Tool
- Automate procedures
- Speed up processes
- Analyze big data sets
- Saves time (maybe - sometimes the setup and error correction take longer than it would have to do it manually in the first place. HOWEVER - once it’s done, the same process can be repeated much faster in the future.)
RE Tech:
Software
- Branded RE sites and apps
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- Realtor.com
- Trulia.com
- Zillow.com
- Redfin.com
- Remax.com
- Keller Williams
- Homes for Sale, Rent app
- Century 21 Local
- USHUD Foreclosure Home Search
- Homesnap
- Hotpads
- Realty One app
- StreetEasy NYC Rentals
- HAR Texas Real Estate
- Movoto Real Estate
- HomeSpotter Real Estate
- Owners.com
- ERA Real Estate
- GoMLS
- Room8
- LoopNet
- Idealista
- Estately Real Estate Search
- BHG Real Estate Homes
- CoStar Commercial
- Airbnb
- RadPad
- PropertiesBook Real Estate
- Millions Mapped Real Estate
- Compass Real Estate - Homes
- Xome
- PropStream
- Privy
- Remine app. Not for the small budget
- Software for Property Information and Valuation
- Driving for Dollars Apps.
- Deal Analyzers, including spreadsheets people sell
- Financial calculators
- Pinpoint Profits, connected investors
- Website templates
- Software for Prospecting
- Land Glide
- Road Warriors
- Driving for Dollars
- MileLogger - Mileage Tracker
- RealEstate Profinder
- HomeScout
- HomeTrust Real Estate (off market properties)
- Deal Machine App
- BirdDogBot.com
- REI Skip
- DealCheck
- DealCrunch Property Analyzer
- Syndicated Deal Analyzer, Mike Blank, http://www.syndicateddealanalyzer.com
- RehabValuator, Daniil Kleyman
- HouseFlippingSpreadsheet.com Dave Robertson
- Mortgage Calculator by QL
- Loan Calculator
- PowerOne FE
- Carrot.com
- www.wix.com/Real-Estate/Free-Templates
- www.cribflyer.com/
- www.intagent.com/
- Colorlib.com
- themeforest.net
- Templatemonster.com
- https://donedealwebsite.com/real-estate-investor-websites/
- Construction Mgt.
- Estimation Software
- Rental Mgt.
- RE Investing Business Mgt
- RE Brokerage
- Contracts
- Software for Management
- Contractor tools
- Fieldwire Construction Management
- Contractor Foreman
- Procore
- Buildertrend
- Smartsheet
- Raken Construction Management
- Project Construction Estimator
- Magical Home Plans
- RECalc Mortgage Calculator
- DealCheck
- Rehab property Calculator
- Mogul Real Estate Calculator
- Scoper
- Rehab Calculator
- Mastery App
- NYC Closing Estimator
- HomeAdvisor
- Google “construction estimator” for a bunch more
- Landlord Tycoon
- Landlordy Property Management
- Stessa
- Rentredi
- Cozy.co
- RealeFlow
- FreedomSoft (or similar)
- Real Estate Exam for Dummies App
- Real Estate Exam Practice
- Real Estate Dictionary
- Real Estate Exam Prep
- Real Estate Pocket Prep
- Premiere Agen, RE CRM
- RPR Mobile (Realtors only)
- FlexMLS (Realtors only)
- Showing Time
- Supra eKey
- MoveTo
- RedX
- Arch Agent
- LandVoice
- Sales Genie
- Docusign
- Dotloop
- Sign In and Send PDF
- Attom Data
- CoreLogic
- HousingWire
- SM2
- RP Data Pro
- TopConnector
- Property Passbook
- Data Sources
- Connected Investors, website and app
- Bigger Pockets
- Inman
- RIS Media
- Trulia’s Blog
- RedFin blog
- Zillow PorchLight
- Geek Estate
- Property Cluster
- Realtor.com
- Bisnow.com
- The Bigger Pockets
- 1000 Watt
- Lighter Side of Real Estate
- Epic Real Estate
- Home Warranties
- Power Site Blog
- Blogs
- FlippIt! - House Flipper
- Landlord Tycoon
- Real Estate Mogul
- Real Estate Tycoon Business
- Games
- Fundrise
- Landa
- GROUNDFLOOR
- Patch of Land
- Iintoo.com
- Dadlpinvestments.com
- Cadre
- Arbor Crowd
- RealCrowd
- CrowdStreet
- PeerStreet
- Small Change
- RealtyMogul
- Investing Sites
- Auction.com and app
- Hubzu.com and app
- HUD Home Store.com
- Realtybid.com
- XOME.com
- Ontario HiBid
- Auctions
- RealEstate Templates for Pages
- Miscellaneous Software and Apps
Hardware
- Measuring devices
-
- Arrim
- Key Hero
- Construction tools
- Smart Home stuff.
- Tech for the rehabbed house
News:
Bidding wars are taking a strange turn in the fall housing market
https://www.cnbc.com/2019/10/08/bidding-wars-are-taking-a-strange-turn-in-the-fall-housing-market.html
Confidence in housing weakens just as homes become more affordable
https://www.cnbc.com/2019/10/07/confidence-in-housing-weakens-just-as-homes-become-more-affordable.html
The top 10 best places to retire
https://www.cnbc.com/2019/10/08/the-top-10-best-places-to-retire.html
SoftBank CEO 'embarrassed' by results of his tech investments
https://www.inman.com/2019/10/09/softbank-ceo-embarrassed-by-results-of-his-tech-investments/
Leaders in real estate technology predict the future of home buying
https://www.valuewalk.com/2019/10/real-estate-technology/
Comment Line calls and Questions
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Motivational Thoughts for the day
- “The ones who are crazy enough to think they can change the world are the ones that do.” --Anonymous