All Forum Posts by: Patricia Thompson

Just finished playing around a bit with the tool myself. It's something Jerry Norton released recently to the public to pull data.

Did some quick data comparisons for fun between 2 other platforms I currently use - PropStream and MLS (I'm licensed in Florida)

I specifically searched for a handful of On-Market properties (active/closed transactions) and noticed the following:

- You can't search for specific properties on PropWire

- PropWire data isn't up to date (30+ day discrepancy) compared to PropStream; neither is up to date compared to MLS (3rd party data providers hardly ever are)

- PropWire estimated value vastly different from PropStream value (50k+ difference in most instances)

- No property photos (yet)

Initial thoughts: It's a brand new tool and can't imagine it was gonna be great out of the gate. I do like the UI, though; sleek and simple to understand. The comparisons I made were within my local market ONLY (South Florida market) so I can't speak to how the data stacks up in other areas/markets. I did only use it for about 30 minutes so don't take my results as the end all be all. Just wanted to provide some quick feedback. 

@Jonathan Lane

So there is how you write the offer and how you actually close. You can write your offer as cash and then finance, you just won’t have a financing contingency. You should probably read up a bit on the topic!