What is the best software for leads and correct data

Question

I am fed up using Propstream. I started with Batch leads. Both does not have more than 50% correct data in my opinion. What else are you using. I reviewed Property Radar recently too, have yet to try.

Greg Scott · Answer

There is a lot of bad data out there.  I still get phone calls and letters regularly for properties I sold more than a decade ago.

I always offer to sell them again, but am straight-forward that I no longer own the property.

Justin Silverio · Answer

@Sandeep Dhall I'm curious what you mean by bad data.

Here's an inside scoop:

- Assessor data - Generally, most platforms get their data from the same or very similar data aggregators. The data aggregators get their data from local assessors so the risk is that the assessor is not updating their information timely.

- MLS data - This is challenging to get now that the MLS has cracked down on offering it to non-MLS platforms. Therefore, most use third parties to get this.

- Specialty data - Preforeclosure, tax liens, evictions, etc. are always lagging data. Again, this info is received when recorded so it's not always timely. I always recommend that investors get this info from the county departments to get the most up-to-date info.

I hope this helps. You may always want to try Invelo for data. We have a partnership with BP so you can get access for free to try it out. - https://inveloapp.com/bigger-pockets

Sandeep Dhall · Answer

Great wishing you the best for V2. I will check it out.

Justin Silverio · Answer

@Sandeep Dhall we are releasing a v2 of our list builder in the next month that will offer many more advanced filters in the list builder and a new look so you can search by individual properties and run comps.

For MLS - yes, you are going to find data here that is not 100% accurate. Failed listings could mean canceled listings, expired listings, or where there have been no updates to a listing for X period of time and they just move them to failed.

Equity could be calculated based on FMV - original mortgage OR FMV - estimated current mortgage amount.

Always happy to help. Data is something that I love educating investors on because it's a vital part of their business to understand the intricacies.

Jon L. · Answer

Were you using Propstream and Batchleads primarily for fix & flip and brrr? I have not used propstream before but the people I’ve talked to that do use it, seem to like it a lot. Surprised to hear that it’s filled with bad data. If you try out, property radar, let us know how it goes!

What is the best software for leads and correct data

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