Best Apps For Wholesale Real Estate

When it comes to the world of real estate investing, landlords have a lot on their plates. From finding tenants to managing maintenance to keeping up with inspections and more, landlords have their hands full.

As a landlord, you’re probably looking for ways to lighten your load and make things easier on yourself; after all, you’ve got a business to run! Today, we’ll be taking a look at some of the best apps for wholesale real estate. Keep reading to see some solutions that are guaranteed to help you streamline your processes and make managing your rental properties easier than ever before.

Best Apps For Wholesale Real Estate

17 Best Apps For Real Estate Wholesalers In 2022

The Best Apps for Wholesalers in 2022: 

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  1. CallTools
  2. FloDesk
  3. YellowLetterHQ
  4. PropStream
  5. Facebook Ads
  6. Crexi
  7. DocuSign
  8. BiggerPockets
  9. LoopNet
  10. Zillow
  11. Realtor
  12. Redfin
  13. DealMachine
  14. Social Media Apps
  15. HootSuite
  16. HomeSnap
  17. LandGlide

Honorable Mentions: 

  • TweetHunter
  • Canva
  • Mortgage Calculator by Quicken Loans
  • Dropbox
  • Personal Capital
  • RealeFlow

 

CallTools – Cold Calling CallTools software software logo

In 2011, Baylor University’s Keller Center for Research joined up with Baylor MBA students and the Keller Williams Realty International (KWRI) research and development to understand how effective cold calling is for prospecting

Fifty people made 6,264 cold calls over two weeks. One thousand seven hundred seventy-four of these calls resulted in a productive conversation; of the 1,774 calls, experimenters received 11 referrals, and participants made 19 appointments. 

The bottom line? Cold calling is time-consuming but can be beneficial. 

Thanks to CallTools, preview calls are now an option. This app allows agents to see current information on the people they call, personalize the call with a script, record their conversion rates, and schedule follow-up phone calls.

CallTools reduces call times, preparation time and helps real estate investors improve how they sell. CallTools takes the average 209:1 call-to-appointment-or-referral ratio, more favorable for real estate investors.

 

FloDeskFlodesk software logo

As a real estate wholesaler, your email list is a crucial asset for your business. FloDesk is an email marketing service app that allows users to design and send branded emails. Use FloDesk to create high converting landing pages, opt-in forms, email automation, and marketing emails. 

This app is simple to use and creates attractive landing pages, opt-ins, and emails that will catch eyes and generate more income. 

Click here to check out FloDesk.

 

YellowLetterHQYellowLetter HQ software logo

Snail mail marketing may seem overdone, but there’s a reason why so many wholesalers still use this method (it’s effective and works). 

YellowLetterHQ is a direct mail marketing app and service. They offer a quick turnaround for their mail orders at competitive prices. They conveniently provide effective skip tracing too. 

You can craft attractive mailers on your own or use one of their many templates, and then they ship out all of your yellow letters or postcards for you on your behalf. They even offer handwritten letter options to really appeal to your audience. 

 

PropStream – Property Data Collection Propstream software logo

PropStream is a property data software that allows investors to look up properties to find nationwide real estate data. 

Use Propstream to run comps on investment properties, estimate rehab costs, generate targeted marketing lists, lookup the owner, or use their built-in marketing tools, such as postcards, no-ring voicemails, and more. 

 

Facebook Ads Facebook app logo

One of the best ways to reach motivated sellers is through a highly targeted Facebook ad campaign. 

Either find sellers through tight filters (age, interest, income level, location, purchasing behavior, specific keywords, and more) or through the Facebook Pixel on your site to retarget previous site visitors. 

Here is a helpful guide to get you started in the world of Facebook Ads for wholesale real estate investors: 

 free real estate wholesaling software

1. Multiple Listing Service (MLS)

real estate wholesaling software multiple listing service MLS

Popularly known as an MLS, a multiple listing service is an online database of property listings created and managed by real estate investors, brokers, and agents. These listings are typically private and paid for by participating real estate professionals.

They contain important property information such as square footage, bathrooms and bedrooms available, nearby amenities, selling price and sometimes even history of the house, or neighborhood growth trends.

The listing will also often contain the selling agent’s information, so interested buyers can easily reach out. Property listings on MLS databases are often created by other agents, flippers, and other real estate professionals. They make it easy for buyers to identify homes for sale.

Because of the information they contain, MLS is a handy tool for running wholesaling comps. Real estate wholesalers can breakdown data available on MLS into metrics such as the age of a house, features it has compared to nearby properties, and neighborhood growth potential to compare multiple properties in an area and determine whether a particular distressed flipping investment they’re interested in, is profitable or not.

An MLS also attracts investors, agents, and brokers countrywide, creating excellent networking opportunities for new wholesalers. It also offers greater exposure leading to faster closing rates.

And because the majority of MLS users are other real estate professionals, finding reliable buyers and motivated sellers is often easier, as anyone inquiring about a listing is often either a legitimate buyer working with an REI professional or another investor interested in purchasing your wholesaling property.

Note, multiple property listings aren’t new. They’ve been around since 1947 but have since evolved into websites like Zillow and software every wholesaling agent needs.

When it comes down to it, the MLS is simply the best virtual wholesaling software.

2. PropStream

real estate wholesaling software propstream

PropStream is an advanced data collection software with over 150 million property records. The software incorporates up-to-date data from multiple sources into its database in MLS format. It includes important listing details such as when the property was previously sold, whether it’s still active on other listings, or whether it’s a failed listing.

A wholesaler or house-flipping expert can easily run comps to determine profitability with this information. PropStream even features a skip tracing function allowing wholesalers to find absentee, pre-foreclosure, or out-of-town property owners who might turn out to be motivated seller leads.

It has a deal analyzer function, and with PropStream Pro, real estate agents can even create and organize marketing campaigns. The software even features mobile app functionality for users to find and manage leads and other important tasks on the go.

3. DealMachine

real estate wholesaling software dealmachine

Besides being one of the best real estate wholesaling software, Deal Machine is also quite popular. It’s essentially a lead generation software with a skip-tracing function that allows investors to find contact information on any property owner.

If you prefer scouting different locations for wholesaling houses, Deal Machine’s driving for deals also tracks and notifies you of zip codes you’ve checked out before, preventing time wastage. With the platform’s driving-for-dollar function, rei investors with teams can also identify exactly where, when, and how many deals each team member brought to the table.

Besides data-related features, this software also lets you create and run SMS and direct mail marketing campaigns and comes with an app for users to manage leads and follow-up on marketing campaigns easily.

Video Demo

4. Flipster

real estate wholesaling software flipster

Maximizing off-market deals is one of the easiest ways to make a killing in wholesaling houses, and Flipster is just the tool to make it happen. This software features an automated deal finder that scours through websites like Craigslist and other similar platforms to find off-market deals.

Flipster also has a data cruncher rei professionals can use to find discounted wholesaling properties and a deal management tool to organize and manage all your contact information in one place.

Users generally get more than 10,000 monthly leads on absentee, pre-foreclosure, probate and out-of-town owners, and even vacant lots and houses. They also get access to unlimited free skip traces.

5. ListSource

real estate wholesaling software listsource

ListSource boasts one of the most extensive property records in the wholesaling software realm. The platform’s database contains ownership data for nearly 94% of all properties available in the country and is regularly updated for maximum accuracy.

It also comes with multiple search features allowing you to conduct searches that are basic or as advanced as you want. It also has a list builder with multiple list types, including prospecting and even property detail reports.

Conclusion

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