Wholesaling real estate can be a lucrative venture, but it requires smart decision-making and efficient processes. To succeed, wholesalers need access to the right information and tools that can streamline their operations and help them find profitable deals. Real estate websites and apps are invaluable resources that can provide wholesalers with the necessary support and assistance. In this article, we will explore 13 top-notch websites and apps that are specifically tailored to the needs of wholesalers.
Why Are Wholesale Real Estate Websites and Apps Important?
In the fast-paced world of real estate, wholesalers and investors are always on the lookout for ways to save time and boost productivity. Real estate websites and apps offer a wide range of benefits, from providing access to critical information to offering analytical tools and administrative support. However, it's important to note that not all websites and apps serve the same purpose. Different investors have different requirements, and some prefer a combination of free or low-cost tools with unique features, while others opt for all-in-one solutions with a higher price tag.
What Is Wholesaling?
Before we dive into the list of websites and apps, let's clarify what wholesaling actually entails. Wholesaling is an investment strategy that focuses on finding distressed properties, negotiating purchase deals with owners, and then connecting these properties with investment buyers who can renovate and sell them. Wholesalers act as intermediaries, bringing value to both sellers and buyers. Sellers benefit from the opportunity to sell their distressed properties, while buyers appreciate having someone else do the legwork of finding and negotiating deals. Wholesalers earn a profit by adding a premium on top of the negotiated price.
Wholesaling requires dedication and effort, from researching properties to managing contracts. That's where support tools come in handy. With that in mind, let's look at the top real estate websites and apps that can benefit wholesalers.
The Best Wholesale Real Estate Websites and Apps
LandGlide
The LandGlide app provides wholesalers with an extensive nationwide property database. It offers detailed information on owner names, phone numbers, addresses, lot sizes, and more. The app's mapping feature allows wholesalers to explore properties and access key data effortlessly.
Image: The 13 Real Estate Websites Every Wholesaler Needs in 2023
Propstream
Propstream is a powerful research and marketing tool that enables wholesalers to gather property details, run comparative analyses, generate lists, estimate rehab costs, and reach out to potential sellers. The platform offers a free trial so users can explore its features before committing.
Image: The 13 Real Estate Websites Every Wholesaler Needs in 2023
Realeflow
Similar to Propstream, Realeflow provides investors with a comprehensive suite of tools to generate leads, analyze deals, secure funding, create rehab plans, and market properties. While the service comes at a higher cost, users can take advantage of a free 30-day trial to test its capabilities.
Image: The 13 Real Estate Websites Every Wholesaler Needs in 2023
Crexi
Crexi is a commercial real estate listing website that also offers analysis tools. Wholesalers can utilize Crexi to identify potential properties and access valuable market insights through its "Intelligence" tab. Although commercial deals can be more challenging to wholesale, Crexi's free platform is worth keeping an eye on.
Image: The 13 Real Estate Websites Every Wholesaler Needs in 2023
DealMachine
DealMachine simplifies the "driving for dollars" strategy by helping wholesalers track potential leads in real-time. This app allows wholesalers to physically search for distressed properties, consolidate leads, and map out their routes. It's a convenient tool to enhance the effectiveness of your driving efforts.
Image: The 13 Real Estate Websites Every Wholesaler Needs in 2023
HomeSnap
HomeSnap is an app that provides detailed property information when you take a photo. It offers listing photos, property lines, school zones, and even allows direct communication with property owners. HomeSnap makes it easy to keep track of properties of interest and visually organize them on a map.
Image: The 13 Real Estate Websites Every Wholesaler Needs in 2023
Xome
Xome is a valuable resource for wholesalers interested in participating in online auctions. The platform connects wholesalers with potential investment buyers, allowing them to secure great deals quickly and efficiently. Xome can be particularly beneficial for wholesalers who have built a strong network of buyers.
Image: The 13 Real Estate Websites Every Wholesaler Needs in 2023
DocuSign
DocuSign offers secure document signing and sending services. It's an essential tool for wholesalers who need to send paperwork to buyers and sellers, especially when dealing with parties located remotely. With plans starting as low as $10 per month, DocuSign provides a reliable and convenient solution for managing real estate documents.
Image: The 13 Real Estate Websites Every Wholesaler Needs in 2023
BiggerPockets
BiggerPockets is an all-encompassing resource for real estate investors. It offers a wealth of educational content, webinars, information resources, and networking opportunities. Wholesalers can benefit from the extensive library of articles, podcasts, ebooks, and videos, as well as the connections made through its forums.
Image: The 13 Real Estate Websites Every Wholesaler Needs in 2023
Personal Capital
Personal Capital is an app that helps wholesalers track their investment portfolio's performance. By linking relevant accounts, wholesalers can gain insights into their net worth, visualize their performance through graphs, and anticipate future expenses. Personal Capital is a valuable tool for monitoring your real estate investments effectively.
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ProspectsPLUS
ProspectsPLUS is a direct mail service provider that specializes in real estate templates. Wholesalers can easily set up targeted direct mail campaigns to raise awareness and attract potential leads. The company offers live chat support and even guarantees "3 Extra Closings" to qualified customers who trust their campaigns.
Image: The 13 Real Estate Websites Every Wholesaler Needs in 2023
Klaviyo
Klaviyo enables wholesalers to create branded email marketing campaigns tailored to their company's goals. With packages suitable for every contact level, Klaviyo also offers text messaging features for effective communication with potential leads.
Image: The 13 Real Estate Websites Every Wholesaler Needs in 2023
New Western
Last but not least, New Western offers wholesalers access to an extensive selection of distressed properties nationwide. By using New Western's platform, wholesalers gain an advantage over competitors relying solely on MLS searches. Furthermore, New Western considers sales from wholesalers, providing an alternative exit strategy for wholesalers seeking confidence in their deals.
Image: The 13 Real Estate Websites Every Wholesaler Needs in 2023
Wholesaling real estate is undoubtedly challenging, but with the right tools and support, it becomes much more manageable. By leveraging websites like New Western and the others mentioned in this article, wholesalers can streamline their processes, increase efficiency, and ultimately boost their bottom line.
