Has anyone used Propelio and is it worth what you pay??

[Charles Trussell]

I have been thinking about using Propelio for running my comps. If you or someone you know has used them any feed back would be extremely helpful. I am trying to decide if the purchase price is worth it. Thanks in advance!

[Sarah Hale]

Ok @Marc Tuckey, I am ready to answer your questions. 

1. Are the updates instant as the MLS? You may not be able to determine without the MLS but have you seen latency on postings, updates, etc., say compared to Zillow or Redfin? Propelio doesn't actually offer straight listings from the MLS, it's more like a manager for your leads. So say you get an off market deal, enter in the address into the "Leads" Section and it'll pull county records to fill in the bed/bath/year/garage etc. Then you can run a CMA on that particular property using the MLS.
2. Are the analysis tools good / intuitive? - The CMA tool is pretty cool. Very easy to enter the parameters. It'll pull sold properties first and it will have a "thumbs up" button or "thumbs down" button so you can discard the ones that don't work for your analysis. You can also click on the address of the properties you are comparing, and it usually will have photos so you can see the grade of the renovations.
3. How about the "Motivated Seller" leads they talk about offering. Do those add value? - I like this part, and you can get a lot of properties depending on what exactly you are looking for. You can only pick certain markets though; currently they have Dallas/Fort Worth, Phoenix Area, South West Florida, Austin, Houston/Galveston, and San Antonio. You can also choose what kind of properties you want to look at, price point, etc. There are listing that pop up that have been on the market for a very long time, and I think they pull properties that are priced under what is selling in that area. There are some potential properties I need to call and see if I can walk through. The one thing that irks me here is that you can take that MLS listing and "Add as a Lead", meaning it will transfer the address to your leads list. However! The bed/bath/year/garage all has to manually entered. The integrating there is a bit meh.
4. Do you get all of Texas or do you have to pick a market? - Dallas/Fort Worth, Phoenix Area, South West Florida, Austin, Houston/Galveston, and San Antonio is all they have currently. But there are some listings in Abilene or Corsicana that pop up when I search Dallas/Fort Worth. 

Overall, this software is pretty slick. The way all the information is laid out is really easy to understand and look at. It is a lot of fun playing around with it. Also, since they send you motivated seller lists, they email those to you, and then you will have to put it into your leads list. It's not built into the software, this might make it easier for you to be able to upload the information to a service you're using or something. I like it a lot, and I'm glad I was able to try it out. If you have any more questions, feel free to shoot me a PM or tag me.