InfoApril 14, 2014 · Real Estate
As US Foreclosures Slow Real Estate Investors Turn to Big Data For Acquisition
According to a recent report by RealtyTrac, US Foreclosures slow real estate investors reach for cutting edge database systems to help find motivated sellers.Press Release VideoLoading the player...Details(prREACH)
San Diego, CA (April 14, 2014)-- Things are looking good for the U.S. hosing market, as rising home prices, steady job growth and fewer homeowners get into trouble with their loans.
According to a report by RealtyTrac, the number of foreclosure filings dropped by 23 percent in March, year over year, thus bringing the first quarter foreclosure activity to its lowest point since 2007. That's great news for the economy and no one is happier about it than real estate investors. Nonetheless, it does present a whole new challenge to investors when it comes to real estate acquisition.
"It's not a bad problem to have," jokes Kent Clothier, CEO of Real Estate World Wide "trust me when I say that I've faced obstacles far more daunting than shortage of inventory during the last seven years."
Real Estate World Wide (REWW) is widely known for its state of the art real estate education programs and cutting edge real estate database systems that help investors automate much of their business and get easy access to valuable data that is otherwise much more difficult to obtain.
One of those impressive database systems is Find Motivated Sellers Now (FMSN). FMSN is a proprietary system that enables investors to access a database of high equity, or free and clear, vacant properties by county. In addition to listing the address of the vacant property, the system also reveals the owner's name and contact information.
Said one FMSN evangelist, "my business has gone from ok to 'wow, I'm making some serious money here' in a matter of months because of this system. I'm able to find vacant properties from the comfort of my home office, and get to them, before anyone else even knows they exist; a lot of times, before they are even listed or go into filing. This system has completely changed the way I do business."
When used in combination with other systems such as Find Cash Buyers Now (FCBN), these systems can really give a real estate the competitive edge they need to take their business to the next level.
About Kent Clothier and Real Estate World Wide
Kent Clothier is President and CEO of Real Estate World Wide (REWW), a multi-faceted real estate education company with headquarters in Scottsdale, Arizona, San Diego, California, and Boca Raton, Florida. REWW has become widely known in recent years for its advanced real estate database software systems.
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