SAN FRANCISCO, CA -- (Marketwired) -- 07/02/13 -- Revestor, the premier real estate search engine and marketplace for residential investment properties, recently announced the launch of its Premium Membership with Investment Property Alerts. The new membership package provides automatic alerts whenever a property matching the investor's search criteria is listed, in addition to a host of other features that don't come with basic membership.
Revestor's Premium product is the only real estate tool that allows investors and professionals to receive notifications when active listings match their investment criteria. Just like any other nationwide real estate site, members set up their saved search alerts by entering in their location, price range, and bedrooms. The way Revestor works is simple. Investors start by actually setting the financing/loan (if any) that they plan on using to acquire the property, then set the estimated rental income for the area, followed by the minimum required returns they want to see, and finally they can include or exclude Foreclosures, Short Sales, and Fixer Uppers (potential flip opportunities). The system will then alert the Premium Account holder of properties that match their individual criteria.
After completing and saving all the search criteria, Premium Members are alerted whenever a property with their ideal cap rate, cash flow, and cash on cash return hits the market -- all based on the investor's unique information. "You tell it what kind of properties you are looking for, how you want to finance them, and what returns you require, then it tells you which ones have potential as they come on the market. It's like searching by the result rather than searching by the means to it -- any time you can skip steps, it saves time," said Boris Kaliman, CIO of Revestor.
Today's investors are getting squeezed out of foreclosure auctions by fierce competition and lack of inventory. Banks are now beginning to shift their inventory to REOs and Short Sales on the MLS. Investors and Agents are using our technology to most effectively find the investment listings they are looking for without having to do it manually.
"The Internet is no longer in the 'information age.' It's no longer about being an aggregator and giving people access to information they previously haven't had. Data is a commodity and it's fast on the way to becoming next to free. We don't just aggregate data, instead we focus on how we can integrate, organize, and connect it -- in order to make it more relevant and useful in one's daily life (online and offline). This is just the beginning of many broader things to come. We hope this release makes it clear on where we are headed and our commitment to relevant integration," states Bill Lyons, CEO of Revestor. "The Premium Membership offers Investment Property Alerts based on personal preferences and criteria, so investors can now hear about relevant real estate deals the moment they are listed -- which I believe is a huge step in the right direction."
To help introduce this feature-rich package, Revestor is offering a 5-Day FREE Trial without obligation. The Revestor team is confident that investors and agents who try the Premium Membership will quickly see the benefits of setting up customized investment property searches and alerts. Premium Members are notified whenever a relevant property goes active based on their desired location, price, number of beds and baths, estimated rent and financing, minimum investment returns, and other specific factors.
Upgrading also enables members to customize and adjust down payment, interest rate, loan type, and other factors relevant to investors, saving time and resources, and making it possible to see higher returns on investments. With advanced search settings, custom search tools, saved searches and more, Premium Members are better prepared to find their ideal investment properties and make more money.
Visit http://www.revestor.com/upgrade to learn more about Premium Membership and the new customized investment property alerts.
Revestor operates the premier real estate search engine and marketplace for residential investment properties and is partnered with the largest real estate listing networks in the United States. Revestor's patent-pending technology finds homes for sale with the highest potential cash flow and cap rate based on estimated rents in the area. Anyone buying real estate can use the unique application to obtain non-speculative, up-to-date information on specific homes. Users apply the information to make buying decisions that will benefit them in the long run, whether as a place to live or invest in. Revestor is in the business of connecting residential real estate investors with real estate agents to help increase both parties' profits.
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