Before we jump into the options let's get to know a bit about what skip tracing is in the real estate industry, shall we?
The meaning of Skip Tracing in the real estate industry is basically finding contact details and information about property owners. Real estate investors use skip tracing to reach out to their potential prospects.
For instance, you know the address of a property that you want to buy but you don’t know the owner and have no idea how you can get in touch with them. In that case what you can do is you can put the property address in a skiptracing tool and it’ll provide you with information such as the owner’s name, contact details, and other valuable information such as mortgage information and so on.
You can also look up people based on other information excluding property addresses.
You can also give a background check of your potential tenets.
Real Estate investors use skip tracing software when they need accurate information on hundreds or thousands of properties.
Now let’s check out some of the best skip tracing software for real estate investors.
PropStream
PropStream is one of the great skip tracing software, especially if you’re a wholesaler. Propstream is not just a skip tracing service but also one of the best in the CRM of real estate investors, which also includes a real investor website builder.
PropStream’s coolest function is it lets you be very specific on what type of property you’re looking for, it’s so specific that you can also you can even specify the lien type or even go for properties with zero mortgages and generate motivated seller leads. It’s probably one of the best places to find distressed property owners and divorced and absentee leads.
Features
Rehab Estimator: One of the best features that come with PropStream is the rehab estimator. You have to choose the project category, enter the property data (bathroom, beds), and the tool will give you estimated labor and material costs specific to that area. Helping you understand the project better before buying.
Comps: As PropStream provides comprehensive nationwide data, you get information from multiple MLSes which helps investors easily generate accurate comps.
Prospecting: You can directly design and send postcards, and direct mails from the platform and also run ringless voice mail campaigns from the platform.
DNC Scrubbing: They have an inclusive DNC call list that includes all
- Federal & State Do Not Call Lists
- Anti Telemarketing Groups
- Government Numbers
- Attorney Numbers
- Plaintiffs of litigation
- Pre-Litigation cases.
So you can start prospecting safely without being sued.
Mobile App: The mobile app lets you prospect on the go with its advanced features that includes Address Search, Geo-Location, Drive Features, Google Maps, Session Recording Favorites, Drive History, Homeowner Skip Tracing, and Built-in Marketing.
Pricing
PropStream is one of the cheapest platforms when comes to price per skip trace it charges $0.12/skip trace and if you have the list Automator add-on activated then it’ll cost you $0.10/Skip trace, but in order to access that you’ll have to purchase the $99 monthly subscription that includes many other tools for real estate investors, you also have some additional add-ons, such as the List Automator add-on that costs $27/mo Additionally, for the Team Member add-on you can add up to 5 Team Members, Add Scouts, Set Permissions, Access Mobile, Assign Properties, Add Status Tags and it costs $20/mo additionally. However, the Mobile Scout add-on is free.
BatchSkipTracing
BatchSkipTracing is another great tool made by BatchLeads. BatchLeads and all its tools are founded and created by real estate investors for real estate investors. The whole platform specializes in real estate lead generation.
Features
They claim that they provide what they call unrivaled Data in the Skip Tracing Industry. This means that the chances of getting in touch with the right person are very high.
Pricing
Their pricing is pretty straightforward, it’s $0.20/result, you only pay per result, there’s no monthly subscription.
Skip Genie
Because of the need for comprehensive up-to-date data the owners founded Skip Gine. For newcomers, Skip Genie is probably the best platform. Their focus is on helping investors locate homeowners within minutes, and they promise reliable data. Skip Genie also offers practicals couching on finding motivated sellers, negotiation, and closing deals.
Features
The Tracer: This feature offers phone numbers, emails, addresses, and ownership information, other than that it also helps you locate other properties associated with an individual, the built cross-reference function makes sure that there is no duplicate results.
Bulk Search: As the name suggests this feature is specifically designed for bulk skiptracing, all you gotta do is download their spreadsheet template, submit the bulk list and you’ll be able to download the results within 48 hrs.
Pricing
The pricing is pretty simple, it’s a $58/mo that includes 100 searches/month, and for additional search, they charge $017/result.
REISkip
Owned and founded by one of the top wholesalers, real estate investors couch Max Maxwell. He stated that good data made him millions and that’s the sole reason he founded REISkip to help investors serve extraordinary results.REISkip uses skip trace triangulation technology, the same triangulation technology that FBI agents, elite bail bondsmen, and private investigators. use, which means the chances of getting accurate results is very high.
Features
Owned and founded by one of the top wholesalers, real estate investors couch Max Maxwell. He stated that good data made him millions and that’s the sole reason he founded REISkip to help investors serve extraordinary results.REISkip uses skip trace triangulation technology, the same triangulation technology that FBI agents, elite bail bondsmen, and private investigators. use, which means the chances of getting accurate results is very high.
Pricing
The pricing is also pretty simple they charge $0.15/match whether is a single search or bulk skip trace, with no monthly subscription fee included, they also have a customizable package for enterprises
reonomy
Unlike any other real estate investment skiptracing platforms out there reonomy stands out by serving only the commercial real state investors. So if you’re looking home reonomy is not for you. This platform is a great choice for investors looking for commercial property, it also helps you to find LLC owners easily. reonomy claims to have 52M+ Property information, 38M+ Occupant Records, 150K+ CMBS Loans, 30M+ People Profiles, 100M+ Company Profiles, 100 Datapoints per Property, and 3100 Counties Covered.
Features
Searches Filters: Aside from standard property search features, you can search by loan origination date, maturity date, or lender.
Property data: Reonomy provides key property information to help you make informed decisions.
Tenant data: There are over 11 million tenant records available for users to browse and search.
Pricing
For individuals, monthly subscriptions start at $49. More advanced plans include tenant details and advanced filters. Customizable Team and Enterprise plans offer flexible pricing.
Mojo Skip Tracer
Mojo is well know for its dialer but they also offer Skip tracing solution at very reasonable price. Mojo is the only company that offers unlimited bulk skip trace with monthly subscription with additional charges but they’re average match rate is around 50%, in simple terms if you upload 100 leads you’ll get results on 50 of them.
The most attractive part of using Mojo Skip Tracer is that you can easily manage the leads with Mojo Lead Manager and follow up with leads at ease with the Mojo dialer.
Features
Mojo Dialer: Because Mojo’s dialer does not use VoIP, you won’t have to worry about dropped calls or unreliable connections associated with VoIP.
Lead manager: It’s like a task manager that allows you to organize your data into custom groups, as well as offers scheduling tools and lead capture forms.
Integrations: Mojo integrates directly with some of the best CRM software tools and marketing platforms for real estate investors like BoomTown, CINC, FollowUpBoss, InfusionSoft, and TopProducer. Zapier is also integrated.
Mojo Data. Utilize Mojo data to find off-market and FSBO leads.
Mojo Mobile. The mobile app allows you to manage motivated seller leads and prospects.
Pricing
REISift
REIsift is founded by another real estate investor who also actively uses the platform REIsift is less of a data aggregator tool and more of a sorting tool, unlike PopStream and other platforms REIsift doesn’t provide data but provides what it promises at its best. REISift makes sure that you get the cleanest list an investor can possibly get because bad data leads to lost time and money.
So you can be hundred percent sure that you won’t find any duplicate results on your list.
Features
List stacking. Duplicate records can be easily removed from your list. Prospecting the same records multiple times saves you time and money.
Integrations: You can easily import and export your lists to other marketing tools using the Zapier integration, it also integrates directly with REIrail and Calltools.
Tasks: A built-in project management solution.
Vacancy checker: It runs your records through USPS data and helps you sift through vacant/occupied listings.
Click to call. Call leads right from the dashboard with click to call option.
Direct mail: You can also send direct mails right from the REIsift.
Pricing
PropertyShark
PropertyShark is another great tool that serves extra data, and unlike Popstream this also does not offer nationwide information.
They provide data on
Property pictures
Title History
Sales History
Zoning info
Toxic sites near properties
Neighborhood demographics
Comps
New listings nearby
Lien and foreclosure data are updated almost daily in PropertyShark. One of the few services available gives information on residential property LLC owners. However, the fact that it is only offered in a few states is a drawback.
Features
Pre-foreclosure and foreclosure search: In the states where it operates, it ranks as one of the most trustworthy sources of foreclosure data.
Mailing List Builder: You can generate and download targeted lists using the builder for your prospecting or marketing initiatives.
Estimates of property values: It provides resources for conducting comp analyses and fairly accurate property appraisals.
Adaptive maps: Learn more about the neighborhood’s crime rate, vacant lots, flood zones, school districts, city zoning, toxic sites, subways, and air rights.
Pricing
They have 3 plans Pro, Elite, and Platinum there is both monthly and annual billing option for these packages, and it charges $60, $80, and $169 per month respectively on the monthly billing option and $600, $800, and $1700 per year respectively on the annual billing option.
IDI Data
The IDI Data is one of the primary skip tracing companies used by law enforcement, debt recovery, and private investigators. Its architecture is more advanced than other skip tracing platforms and it boasts a huge data repository. Furthermore, it uses proprietary information sources, expert manual verification, and public and private sources. The most interesting part is that it’s not even designed specifically for real estate investors but it works really really well.
Features
idi Core: For low-volume skip tracing idi Core is a great, fast and accurate tool that you can go for.
Batch & API: The batch Processing solution is fast, accurate, and cost-effective, for bulk skip tracing this is a great option.
Pricing
IDI costs $0.50/skip trace, and it costs $50/100 skip trace, btw there’s a free trial.
SkipNCall
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What's the most accurate real estate Skiptracing service?
In terms of Data Accuracy, idi Data is by far the best skip tracing service for real estate investors and wholesales, it costs $0.50/result which is pretty expensive. The next in the TLO, even though TLO wasn’t even designed for real estate investors at all but it still works for real estate investors and it provides very accurate data compared to the other service provider in the market and it costs $1/result which is not only expensive but also out of reach of new investors.
Both idi Data and TLO were built for debt collectors and investigators, it also works great in terms of real estate and real estate investors can also use them, but both these services are expensive. And in terms of Skip tracing services that are tailored to serve the real estate industry only based on various expert reviews the next one on the list is BatchSkipTracing and they charge $0.20/result.
Other than all these companies, real estate investors also found success outsourcing the skiptracing service by hiring freelancers from platforms like Upwork and Fiverr.
