At PropStream, we’ve been at the forefront of the real estate data industry for over a decade. Now, we’re excited to introduce PropStream Intelligence, your ultimate partner in lead generation. Leverage the power of AI and predictive analytics to enhance your business as a real estate professional.
Attend one of our live webinars (M-F at 3 PM PST) to learn more about these changes, see them in action, and ask our team members questions in real time.
For example:
Wholesaler Example: If you’re a wholesaler looking for properties to assign to a flipper, you might set your filter to “Medium High” to “Very High” foreclosure risk to find the best leads.
Lender Example: If you're a lender, you could set the foreclosure risk to “Very Low” or “Low” to find homeowners who are more likely to pay their mortgage on time.
Real estate professionals across the board are reaping the benefits of PropStream Intelligence. Here’s how they're using PropStream Intelligence to grow their real estate business using our AI!
Property Condition: Wholesalers can easily assess the condition of properties, allowing them to target the right market and run more accurate comps. This ensures they find leads with higher profit potential. If their buyers prefer specific property conditions, they can filter leads accordingly.
Foreclosure Factor: Use the Foreclosure Factor to find homeowners at risk of foreclosure. Wholesalers can secure property contracts before foreclosure occurs and assign them to buyers.
Property Condition: Flippers can use PropStream Intelligence to find properties that need work by focusing on lower property condition scores. This helps them find good deals to renovate.
Foreclosure Factor: The Foreclosure Factor helps flippers discover properties with high foreclosure risk, which may offer more profit potential after renovation.
Property Condition: Landlords can use property condition data to find homes that are in good shape and need little work, making them ideal rental properties.
Foreclosure Factor: Landlords can also use the Foreclosure Factor to find discounted properties at risk of foreclosure, which can be purchased below market value for rental income.
Property Condition: Agents can use property condition data to advise clients on whether a property is ready to list or needs renovations. It’s also helpful for running comps to set the right listing price.
Foreclosure Factor: Agents can identify homeowners in danger of foreclosure and offer guidance or solutions before they lose their property.
Property Condition: Lenders and appraisers can quickly assess property conditions to get a sense of a home’s value before visiting in person.
Foreclosure Factor: Lenders can use the Foreclosure Factor to find borrowers who may be at risk of defaulting and offer new loans or refinancing options to those with a strong chance of making payments on time.
Property Condition: Contractors can identify homes that need specific renovations, like bathroom or kitchen updates, and target homeowners who may need their services.
Foreclosure Factor: Contractors can also track properties at risk of foreclosure, which are often purchased by investors who need renovation work to maximize resale value. This creates potential work opportunities for contractors.
PropStream Intelligence takes the guesswork out of real estate by using AI to give you the insights you need to make smarter choices. Whether it’s predicting foreclosure risks, assessing property conditions, or helping you find the right leads, our platform makes it easier to focus on what really matters. With better filtering and easy-to-understand data, you can save time and effort while targeting the right opportunities for your real estate business.
If no property photos are available, there will be no condition score (or it will be marked as N/A). Not all properties will have scores, but this will change over time as we continue to add more property photos. Currently, around half a million new property photos are reviewed and uploaded every month, which helps improve data coverage.
AI, or artificial intelligence, is a tool that can analyze data and make predictions. In real estate, it looks at things like property prices, market trends, and the likelihood of events like foreclosures. For example, AI can help predict which properties might be at risk of foreclosure or evaluate the condition of a property, helping users make more informed decisions based on data.
Currently, PropStream Intelligence data is still expanding. It will appear on the property card when available. The Foreclosure Factor covers 67 million properties, and the Property Conditions feature analyzes approximately half a million properties each month. As we continue to grow our database, more properties will have this data.
The Foreclosure Factor is based on a model that takes into account thousands of non-personal data points, including tax information, income sources, home values, loan details, and homeowner behavior. These factors help predict the likelihood of a property entering foreclosure.
The model accurately identifies 95.5% of properties that are likely to enter foreclosure (e.g., Notice of Default or Lis Pendens) within the next 12 months when focusing on properties with a score of 80 or higher. These properties are 3.2 times more likely to go into foreclosure than properties selected at random.
The Property Condition score is based on an AI that analyzes property photos, using a methodology derived from Fannie Mae’s Appraisal characteristics. This system achieves a 99% accuracy rate in photo analysis. Real estate professionals using this data to prepare Automated Valuation Models (AVMs) have seen an 18% reduction in mean absolute error rates.
Yes, you can export PropStream Intelligence data through the “My Properties” page. Simply manage it using the ‘gear’ icon under calculations to download or export the data.
Yes, you can. To add PropStream Intelligence data to your summary filters, go to your “My Properties” page, click the pencil icon to manage your summary tiles, and select the data from the “Intelligence” category. For Lead Lists, select “Upside Down” to filter by relevant data.
An AI-powered lead list is a curated list of potential prospects created using artificial intelligence algorithms. These algorithms analyze large volumes of data to identify individuals or businesses that are most likely to be interested in a specific product, service, or opportunity. By leveraging AI, these lead lists offer valuable insights, helping businesses target their marketing efforts more accurately and efficiently.
Yes, with the updated interface, you can easily view and track all the filters you’ve applied.
The "Find a Filter" feature is available throughout the entire filter menu, not just within the Lead List tab.