Realty411 Magazine -- Learn From Our Live Expos Fall 2020 | Page 81

What is Real Estate Automation Tools ?
These Automation tools are software basically designed for accomplishing real estate tasks and solving laborious problems investors encounter consistently and repetitively . As a success­driven real estate investor , here are basic reasons why you need to implement real estate automation tools ;
• They provide quick results
• They save time
• They reduce errors
• They promote business operations
There are several automation tools in existence but the following are a few out of the many which can help you in boosting work productivity in the long term and take your real estate business to higher levels ­­ in other words , handling all steps from finding properties to selling them off at reasonable prices .
Such tools are :
1 . Deal Machine : Used For Researching Properties to Buy
High competitive bidding of a rental property among investors typically shoots the price higher compared to a property with low bidding . Imagine buying a property where your competitor has little or no idea about it . This is where implementing Deal Machine becomes highly advantageous . It ’ s one of the best tools to use if you ’ re looking for properties that are off the market and could still be a great deal to buy .
Accuracy is a crucial factor to consider in this business and Deal Machine is one of the best tools that can provide you with accurate data . For instance , when you use the app to take a picture of a rental property , it will automatically know who to contact almost immediately .
Additionally , DealMachine searches public records and plus 3rd party data to give you the property owner ’ s name , mailing address , mortgage information , and more .
2 . PropStream : Lead generation
A data provider that assists real estate investors and wholesalers by pulling up market statistics based on the demographics that is being entered in the software . It is dynamically updated with an easy filtering process . For distressed property search , users can narrow down their specific targets such as foreclosure , pre­foreclosure , bankruptcy , divorces , and so on .
Real estate investors are always on the lookout for what is happening in the market and this tool can be an option . Essentially , it allows the user to see what is thriving well on their list and with the data they provide , investors can easily compose their marketing pitch for their targets .
3 . REI Reply : Used For Automated Sequential Marketing
This is another crucial tool every success­driven real estate investor must­have . REI Reply is an automated tool that enables both experienced and newbie real estate investors , effectively communicate , monitor leads , and close deals faster and easier . Top lead generation experts , like Esteban Andrade , the CEO of Hesel Media , have tested and recommended REI reply to be a reliable tool . “ I have all my investors using REI Reply because it ’ s the only tool that has everything an investor really needs ,” he says .
Image by Garik Barseghyan from Pixabay
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