These days, with pens and notebooks being replaced by PC’s, thriving in the real estate industry is much easier than it was years ago. All you need is a good internet connection, time, desire, and some good tools to use. With the help of a real estate app. you can boost your efficiency, productivity, and organization in 2020. Don’t worry, there is no need to go through the entire web to find the one you need. Whether you’re a real estate investor, agent, or property manager, Mashvisor offers tools that you need and can rely on. One of our innovative tools is called Mashboard. So, what exactly does this tool do for real estate professionals? Here’s all you need to know about Mashboard and how to use it.
1) Find Off-Market Property Listings
The first thing that Mashboard allows you to do is to search for off-market properties for sale in the market and identify the best opportunities like a pro. This is helpful for real estate investors because off-market deals are typically the best out there seeing as they’re cheaper and can yield a good return on investment. However, these properties aren’t easily found and, normally, it may take weeks to find one that’s worth the investment. When using Mashboard, however, you’ll get access to a massive database of off-market properties including foreclosures, short-sales, tenant-occupied properties, and auctioned homes.
Furthermore, you can use Mashvisor’s Property Finder and set a few filters (including your budget, the desired location, property type, rental strategy, and ROI) to find the perfect off-market listing that fits within your criteria in minutes. If you’re unsure where to invest in real estate and don’t have a target location, don’t worry – you can search in 5 cities simultaneously! The tool then uses machine learning algorithms to pull up a list of top-performing properties that match your exact criteria.
Related: How to Find Off Market Properties Using Real Estate Investment Software
2) Generate Real Estate Leads
This feature of the Mashboard is also beneficial to real estate agents. Successful real estate agents know how to attract the attention of potential sellers and convert them into real estate clients. Every agent has his/her own real estate lead generation strategies, of course. But in 2020, every agent must include online lead generation in his/her strategy. After all, buyer leads start their property search online. Moreover, seller leads typically list their homes for sale online to increase their reach and attract more buyers. But in order for you to find these real estate leads, you need a tool like Mashboard.
Using Mashboard to find off-market properties means agents get to find real estate listings in any housing market. If you’re looking for serious off-market sellers, then this is the ultimate real estate agent tool for you. In addition, Mashvisor attracts hundreds of thousands of real estate investors, most of whom are first-time investors and will most likely seek out the help of an agent to negotiate and close the deal. So when you have an agent’s account on Mashvisor, you’ll automatically attract organic traffic that consists of real estate leads and potential clients. Moreover, you can add your own leads to your dashboard and see where they stand in your sales funnel.
For more details on how Mashboard helps real estate agents, click here.
3) Find the Right Property for Your Client
Another benefit for both agents and rental property managers is that you can find properties for your current clients. This may not be in your job description, but it’ll surely woo your clients – particularly if they’re experienced investors who are always on the lookout for new investments. If your investor client doesn’t have the time to search for investment properties for sale, offering them this type of service will make you stand out from other agents or property management companies. Your real estate client might even refer you to others because of this. Hence, you’ll generate even more real estate leads and boost your career.
Real estate agents and property managers can use Mashboard to find properties for sale that match their clients’ requirements and push them to make a move quickly. That way, you’ll grow your real estate business by adding more properties under your belt instead of chasing new agent or property management leads. Plus, you don’t have to spend hours conducting property search thanks to Mashvisor’s Property Recommender. This tool is backed by a vast supply of listings from the MLS as well as off-market listings. Mashvisor’s algorithm will match your client to the perfect investment properties for sale with 90% accuracy.
For more details on how Mashboard helps property managers, click here.
4) Get Access to Property Owner Data
Whether you’re an investor, agent, or property manager, getting access to homeowner data will help you immensely in your journey to grow your real estate business. If you are an investor and you’ve found an off-market investment opportunity, you need to find out who owns it so you can contact them and score a deal. For agents, this helps you stop looking for property owners and start going after properties to add to your listings. Moreover, getting access to homeowner information through Mashboard is also beneficial to a property manager as he/she will have the chance to find rental property owners and turn them into clients.
Instead of doing your property owner search yourself, you’ll get all the data you need in a matter of minutes with Mashboard. Plus, the process of finding homeowner data only takes a few simple steps. First, go to the Mashboard and click “Add Owner List”. Next, you need to set up the homeowner search filters. You can find homeowners either by address or without an address. If you were driving for dollars, for example, and have come across an investment opportunity, simply type in the street address in the field “Address”. Once you’ve done that, all the filters related to the location (state, city, and zip code) will auto-fill.
But if you don’t have an address, the second way to find homeowners is by searching for property owners in an entire market. And Mashboard’s filters allow you to build this homeowners data list by manually setting these filters: the location (state, city, and zip code), preferred property type (single-family residential, condo/coop, townhouse, apartment, duplex, triplex, multi-family, and others), year built, and sales date. After setting all these filters, the last thing to do is determine what homeowner data you want to get. You can choose the address, phone number, email address, or a combination of them.
Mashboard’s advanced homeowner database will then collect all of the homeowner information. Once the list is ready, you’ll receive a notification to download the data in the form of a CSV report. Once you download the report, you’ll be able to access your homeowner leads anytime through Mashboard. Learn more on how to find homeowner data using Mashvisor by watching the following tutorial
Related: How to Find Out Who Owns a House in 6 Steps
5) Qualify Leads without Asking Questions
Most real estate agents and property managers who are new to the business get a hard time when qualifying leads. Without proper real estate lead qualification, you end up wasting your time and energy on someone who isn’t serious or not ready to make a move. You can avoid that when using Mashboard. Besides generating real estate leads, you’ll also quickly and accurately qualify buyers. This helps you focus your efforts on those who will convert into clients and are most likely interested in the services you have to offer. That’s because Mashboard will automatically provide you with all the demographic data you need on a lead. Each lead profile includes the following information that’ll help you qualify leads:
- Full name
- Phone number
- Financing method (cash or mortgage)
- Down payment
- Property type
- Net worth
- Wealth score
- Homeowner or renter
- Estimated home value
- Length of residence
- Estimated home purchase price
- Estimated household income
- And more.
Moreover, you can take guessing out of the qualification process with Mashvisor’s lead likelihood algorithm. Simply enter basic homeowner information and our system will automatically gather and display the data which instantly tells you if a buyer lead is ready to make a move. This is the power of AI lead qualification. Real estate agents and property managers no longer need to ask questions to qualify buyers and leads. As a result, this helps you eliminate time wasted on unqualified leads.
6) Get a Complete Property Analysis
What’s one thing that real estate investors, agents, and managers have in common? They all want to find profitable investment properties. Investors obviously want to buy properties that promise them a good ROI. If you’re an agent or a manager looking for a rental property for your investor client, you must also make sure it’s profitable or, otherwise, your client simply won’t make a move and all your efforts will go to waste. The only way to find whether certain property is profitable is by running a real estate investment analysis.
This analysis allows you to look at property data and calculate the necessary numbers behind the deal to see its potential return on investment. Running a real estate investment analysis manually will definitely take time as you need to gather the data, organize them in a spreadsheet, and keep updating the numbers. However, when you’re using Mashboard, you’ll be able to view a complete analysis for all properties on the platform and for any property that you enter manually. Simply click on the listing and you’ll access the Investment Property Calculator.
This is one of the best real estate investment tools for professionals in the industry. It pulls reliable property data from multiple sources like Zillow and Redfin and, using predictive analytics, gives you an automated expense and ROI analysis along with sales and rental comp. You can adjust expenses and mortgage information as you see fits for a more accurate analysis. Therefore, you can quickly view and land on a profitable opportunity in minutes – whether it’s for you to invest in or for your real estate clients. To learn more about the calculator and how to use, read: The Best Real Estate Investment Calculator of 2020.
7) Share Professional Reports
Finally, you can download the investment analysis as a PDF report that includes all the necessary real estate data. Moreover, real estate agents and property managers can email reports to their clients or send an SMS through Mashboard and track all communication across multiple clients. This way, you’ll show them that you have, in fact, chosen the perfect investment opportunity for them. This also sets you apart as an expert in the industry and encourages clients to keep doing business with you.
All of these features make Mashboard not only one of the best tools for real estate agents, but also one of the best property management tools as well. Not to mention, it’s one of the many tools that make up Mashvisor’s real estate investment software which is the best for investors in 2020. So if you want to grow as a professional in the industry, make sure to sign up for an Expert Plan to start using Mashboard today!