Tools for Real Estate Investors: How HomeVestors Adds Value to Your Business
Finding the right technology tools to help your real estate investing business run smoothly and achieve your goals can be a frustrating endeavor. Some investors use Customer Resource Management (CRM) tools, but these are focused on general business—not real estate investing—so it can be an awkward fit. Others combine a mishmash of lead generation software programs with CRM tools, even though they don’t always integrate well.
As a real estate investor, what you really need are industry-specific solutions that can help your business run seamlessly and get you more deals. HomeVestors® has the tools to help you do just that, from receiving incoming leads to managing the communication process through contract close and beyond.
Real Estate Investing Tools from HomeVestors®
HomeVestors® franchisees receive leads from the nationwide “We Buy Ugly Houses®” advertising campaign via a call distribution system. When a lead is received, the lead is automatically entered into a proprietary software program called MAPS . The program is an end-to-end communication and lead conversion tool that drives the franchisee through each step of the process and tracks the progression toward the close of the deal. From furnishing scripts to reach out to prospective sellers to providing drip email campaign abilities to let them know the franchisee is still interested if the seller is hesitant, MAPS makes it easy to do the hardest part of a deal: getting the conversation started and keeping it going. MAPS tracks the franchisee’s lead conversion and beyond. A franchisee can use the program to collect details of the property including photos, related contracts, and transaction updates.
Once the appointment with the homeowner is set, the franchise then uses HomeVestors’ proprietary house valuation tool, ValueChek®. ValueChek® is designed to allow anyone to value a house that needs repairs without the requirement of having experience in construction. It allows franchisees to combine several facets of information: property details like size and the number of beds and baths, data on sold properties near the sold property, and estimates for necessary repairs. ValueChek® can estimate over 80 different repairs and allows you to adjust product and labor costs to the local market. The software provides an estimate of the full market value minus costs for repairs and any other pertinent valuation adjustments. It helps to give the franchisee more confidence that the offer to the seller is one that makes sense for the bottom line.
Innovative Technology to Take Your Investments to the Next Level
While these powerful technology solutions for investors may appear overwhelming to get the hang of, the tools are so easy to use that the learning curve is actually quite short. Most franchisees achieve mastery within the first week after completing the HomeVestors’ week long training. In addition, HomeVestors offers ongoing training and support on the use of the all their different software tools. But, HomeVestors doesn’t leave you there; you will be paired with an experienced Development Agent who can help you out whenever you have a question.
Today is the day to make a commitment to yourself, your business, and your future success. Get in touch with HomeVestors to learn more about how you can achieve your highest investing goals.
Each franchise office is individually owned and operated.