As the real estate market continues to evolve and become more competitive, it is becoming increasingly important for agents to leverage technology to stay ahead. One platform that I notice and is gaining popularity in the real estate industry until now is none other than DealCheck.
WHAT IS DEALCHECK?
To
start off, DealCheck is an online platform that helps real estate agents,
investors, and stakeholders analyze and evaluate potential real estate
investments. As it provides users with tools to estimate cash flow, calculate
returns, and perform other crucial analysis functions, this real estate
analytics has a vast array of features that make it an invaluable tool for real
estate professionals and anyone who wants to buy or sell homes, such as:
1. Property Analysis:
This feature allows users to quickly and easily analyze any potential real
estate investment. Users can input the property's purchase price, estimated
rehab costs, and other details thus DealCheck will calculate the estimated cash
flow, cap rate, and other important metrics.
2. Financing Analysis:
The financing analysis feature provides users with an overview of financing
options available for a potential investment. Users can input the down payment,
loan amount, and interest rate hence DealCheck will generate an estimate of the
monthly payment and interest rate.
3. Portfolio Management:
The portfolio management feature allows users to keep track of all their real
estate investments in one place. Users can track their properties' performance,
see upcoming lease renewals, and generate reports.
4. Investment Reports: The investment reports feature allows users to generate professional-grade reports for potential investors. Users can choose from a range of templates and customize them with their own branding.
Historically, DealCheck was founded by Anton Ivanov in 2015 when he noticed that most investors were using inaccurate or outdated spreadsheets and software to analyze investment properties. The existing tools in reference to his past observations were inflexible, difficult to use and often cost hundreds or thousands of dollars.
What’s more, none of those spreadsheets and software offered a cloud-based analysis platform that could be used on any device. Since then, the company has focused on building a property analysis platform that is quick and easy to use, but offers powerful features at the same time for more experienced investors.
In short, DealCheck, as of today, is used by over three hundred fifty thousand real estate investors, agents, brokers and wholesalers to analyze a wide range of investment properties all around the world.
WHAT ARE THE BENEFITS OF UTILIZING
DEALCHECK?
Obviously,
there are some benefits of employing this real estate analytics tool for real
estate agents and stakeholders:
1. Save Time:
With DealCheck, real estate agents can quickly and easily analyze potential
investments, saving valuable time that can be used to focus on other aspects of
the business.
2. Accurate Analysis:
DealCheck uses advanced algorithms to generate accurate estimates of cash flow,
cap rate, and other important metrics. This makes it easier for real estate
agents to make informed decisions about potential investments.
3. Professional Reports:
With DealCheck's investment report feature, real estate agents can generate
professional-grade reports that can be shared with potential investors. This
can help agents close deals faster and more efficiently.
4. Portfolio Management:
The DealCheck's portfolio management feature makes it easier for real estate
agents to keep track of all their investments in one place. This can help
agents stay organized and focused on their clients' needs.
Link sign up: https://tinyurl.com/dealcheck7376