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Real-Life Applications Of Real Estate API

outwaynetwork by outwaynetwork
May 24, 2022
in Business
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Real Estate
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In an industry like real estate, data can be a goldmine. The right information can translate to huge deals for an agent who knows how to leverage data effectively. Of course, this qualification keeps many people from fully realizing their potential. Using data effectively is a skill set in and of itself that often only comes with years of professional experience. If you want to develop these skills and take your real estate game to the next level, a real estate API is one of the best ways to do so. See how you can use an API to boost your profits and dominate your market.

Table of Contents

  • Access Reliable Information
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  • Verify & Standardize Addresses

Access Reliable Information

Data in its raw form is valuable, but only if it’s used correctly. If it hasn’t been verified, it’s not just unreliable, it’s a potential liability, too. How can you find data that’s been vetted and verified for accuracy and precision? Buying bulk real estate data gives you the advantage of scope by providing a wide breadth of detailed listings, and it also boosts reliability by providing owner profiles with verified information. You can follow up on leads and research local properties with the confidence provided by verification.

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How is the information contained in a property owner’s profile verified and deemed reliable? A real estate data wholesaler can use tools such as skip-tracing, geocoding, and phone verification to ensure that the information in a bulk package is accurate and up-to-date. This makes a bulk data product far more reliable than the listing information commonly found on commercial real estate sites and even on the local multiple listing service. Don’t waste time following up on leads that include bad data when you can invest in reliable property information.

Verify & Standardize Addresses

In addition to verified information, a bulk property data package can help you streamline your own listings by providing address standardization and unique zip codes for all of the properties in a group of listings. Standardized addresses make it easier to identify a property’s exact location, and they also improve mailer delivery rates by ensuring that the address adheres to the guidelines of the USPS. This is particularly helpful if you plan on soliciting property owners via mail promotions. With geocoding, you can be sure that you know the precise position of a property, too.

Address verification is also important in order to prevent fraud. As a real estate professional, you know just how important it is to safeguard your clients’ sensitive information, and you should extend that same caution when dealing with prospective clients. You need to be sure of who you’re talking to and avoid providing details to any unauthorized party. Without address and phone verification, you can’t be confident you’re speaking with the right person, and you could inadvertently reveal sensitive information that was intended for the property owner.

Save time and money by investing in a real estate API and a bulk property data package. You can take advantage of personal and property data that’s been verified.

Tags: Real Estate
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