PropertyRadar Reviews: Getting More Out Of PropertyRadar

Published on March 7, 2023

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PropertyRadar Reviews: Getting More Out Of PropertyRadar

PropertyRadar Reviews: Getting More Out Of PropertyRadar

Finding the suitable property investment can be challenging as a real estate investor with so many software options and websites available. However, data-driven solutions have become popular among investors due to their reliability in making investment decisions. PropertyRadar is a data software solution offering an in-depth platform to help investors find their next real estate investment.

In this blog, we'll provide a comprehensive review of PropertyRadar, including pricing and features, to help you determine if it's the right tool for you.

What Is PropertyRadar?

PropertyRadar is a platform that caters to residential and commercial real estate agents and investors by providing property-related data. Essentially, users can search for properties and receive detailed information about both the property and its owner.

Additionally, they can create lists of properties, utilize heatmaps to filter relevant markets, connect with others on the platform, and need their created lists.

The real estate data used by PropertyRadar is extracted from public records, and the platform's objective is to simplify and enhance this data to provide users with valuable insights. This is achieved by analyzing the relationship between data and documents and presenting the resulting insights concisely.

How Much Does PropertyRadar Cost?

How Much Does PropertyRadar Cost?

PropertyRadar pricing offers three subscription packages to cater to different needs and budgets.

  • Essential: The Essential package is priced at $49 per month, with a $120 discount if you pay for the entire year upfront. While it offers the platform's essential features, such as property and owner data lookup and property search, it provides fewer data than the other packages and lacks team collaboration and third-party integrations.
  • Complete: For $79 per month, the Complete package provides more detailed data than the Essential package. It also comes with a $240 discount for an annual prepay.
  • Custom: The Custom package allows users to create their package, although the cost varies depending on the features selected. It includes all the platform's services at a Premium level and offers the option to contact PropertyRadar about additional features.

PropertyRadar allows users to change subscriptions at any time and cancel their subscription while still having access to their account for the remainder of the paid period.

PropertyRadar Features

PropertyRadar is a comprehensive owner information platform that provides a wide range of features for real estate professionals, investors, and small businesses looking to grow. Here are some of the key features of PropertyRadar:

Property Search

Property Search

PropertyRadar offers a powerful property search feature that enables users to find the right property for their needs. Users can filter their search using over 200 criteria and patented heatmaps to discover untapped opportunities.

The Mashvisor's heatmap feature is an invaluable tool that can assist in identifying the ideal neighborhood and property based on investment objectives.

The heatmap is more than just a brief overview of the neighborhood, as it aids in selecting neighborhoods based on profitability and breaks down property metrics.

Rather than solely displaying properties for sale and available rentals, the heatmap provides insights into which neighborhoods offer the best investment opportunities and yield the highest return on investment.

Mashvisor's heatmap feature is a comprehensive and helpful tool for anyone seeking to invest in real estate.

Detailed Owner Information

Detailed Owner Information

With PropertyRadar, users can access detailed information about property owners, including demographics, contact information, mailing address, interests, and occupation. This feature is essential for skip tracing and connecting with property owners.

PropertyRadar offers a property data and owner data service that provides enhanced public records data for commercial real estate professionals, investors, and small businesses. Users can access reliable sources and detailed information to make informed decisions.

Property Profiles

Property Profiles

The PropertyRadar app offers a convenient way to discover properties and access detailed information. With the lookup feature, users can save time by quickly accessing relevant property data instead of searching for it manually.

Users can filter the lookup option by APN, state, and county to obtain hyperlocal information, including estimated property value, equity, location, and owner information.

Property details provided by PropertyRadar are more comprehensive and detailed than those found on other real estate listing sites such as Zillow.

This feature enables real estate professionals and investors to make informed decisions about potential properties without spending significant time and effort on research.

Skip Tracing

Skip Tracing

With PropertyRadar, users can access the owner profile for every real estate opportunity, providing valuable information such as demographics, phone numbers, mailing address, interests, and occupation.

This feature enables users to connect with property owners and schedule a virtual or physical meeting to discuss the property further.

With skip tracing on PropertyRadar, real estate professionals and investors can easily locate and communicate with property owners to potentially make profitable deals.

Transaction History & Title Research

PropertyRadar offers transaction history and title research features that allow real estate professionals to do their due diligence before brokering a deal. Users can access abstracted information like mortgage details, deeds, acquisitions, and other documentation.

Comparables

PropertyRadar provides a comparables feature that allows users to find comparable properties in a specific location. This feature is handy for visual learners as it shows where each comparable sale is in proximity to the subject property.

Direct Mail & Online Ads

PropertyRadar offers direct mail and online ad features that enable users to target their marketing campaigns to specific leads. Users can create targeted lists and send direct mail or online ads to property owners or potential buyers.

Third-Party Integrations

Third-Party Integrations

PropertyRadar has extensive integration capabilities, connecting with over 2,000 third-party applications seamlessly. These integrations cover various business functions, including customer relationship management (CRM), sales, marketing, and productivity tools.

With this level of integration, PropertyRadar can easily fit into existing workflows and enhance the functionality of existing software solutions for businesses operating in the real estate space.

Free Version & Cancel Subscription

PropertyRadar offers a free version that allows users to access basic property data and owner information. Users can also cancel their subscriptions at any time without any penalty.

PropertyRadar Pros and Cons

PropertyRadar Pros

  • The 3-day free trial allows users to explore the platform's many features at no cost.
  • PropertyRadar provides detailed and accurate real estate data, which can help investors and real estate professionals analyze entire areas and make informed decisions.
  • Users can connect with property owners directly through the platform, saving time and effort.
  • The data on PropertyRadar is pulled from public records, which means it changes in real time and is reliable.
  • The platform can empower small businesses by offering insights into potential investment opportunities.

PropertyRadar Cons

  • Some features are limited unless users opt for the most expensive package.
  • The platform may not be as user-friendly as others, but explainer videos can assist users.
  • Users may not get the full picture unless they subscribe to the essential plan or higher.
  • While PropertyRadar can help create lists of potential investment opportunities, it may not be the most suitable option for some investors.

How To Use PropertyRadar

How To Use PropertyRadar

PropertyRadar is a versatile tool that can uncover potential real estate opportunities, confirm property information, establish contact with owners, and automate marketing campaigns.

To use the "lookup" feature on PropertyRadar, navigate to the dashboard and select the "lookup" option. If you wish to search for a specific person, click the "person" icon and use the dropdown menu to customize your preferences.

Alternatively, to search for a property, select the "property" tab and filter the search options by site address, APN, or other relevant criteria.

By utilizing the "lookup" feature on PropertyRadar, real estate professionals and investors can quickly and easily access the information they need to make informed decisions about potential properties.

PropertyRadar Alternatives

PropertyRadar vs. DealMachine

PropertyRadar vs. DealMachine

While both platforms can help users find properties and contact their owners, they have different approaches to achieving this goal.

DealMachine's unique feature is the "driving for dollars" approach, where agents scout for viable properties and take pictures of them using the mobile app. They can then send automated postcards to the property owner, indicating their interest in purchasing. This approach differs significantly from PropertyRadar's property scouting method.

The basic package for DealMachine starts at $49 per month, while the professional package offers additional features for a higher price. On the other hand, PropertyRadar offers various packages that cater to different needs, with features such as property data analysis and automated marketing campaigns.

To compare these two platforms, carefully considering their approaches and pricing options is essential. While DealMachine's driving-for-dollars feature can help agents market properties more efficiently, PropertyRadar's in-depth analysis of property data may provide users with new opportunities to identify and pursue.

PropertyRadar vs. PropStream

PropertyRadar vs. PropStream

PropertyRadar and PropStream are two real estate software platforms that provide tools for investors and real estate professionals. While PropStream offers features such as MLS data, skip tracing, and targeted marketing, some users have reported difficulty navigating the platform.

PropStream's pricing starts at $99 per month and includes a free 7-day trial comparable to PropertyRadar's complete plan. Both platforms offer valuable tools that can empower small business growth and aid in making informed investment decisions.

Despite user concerns about navigation, PropStream can be an excellent choice for real estate investors seeking a platform that provides multiple features, including targeted marketing and MLS data.

PropertyRadar vs. ForeclosureRadar

PropertyRadar and ForeclosureRadar are both trusted by real estate professionals, investors, REO brokers and more! ForeclosureRadar has driven over $40 billion in deals since 2007.

ForeclosureRadar's pricing starts at $39 per month and includes a free 5-day trial. You have the option of monthly payments, or. just an annual payment plan. ForeclosureRadar is a strong competitor to PropertyRadar not just because of pricing, but their website lists coverage available by states and counties!

ForeclosureRadar could be a great option for you if you're interested in searching for pre-foreclosures, properties scheduled for auction, as well as searching bank owned REOs.

PropertyRadar FAQ

Does PropertyRadar offer a free trial?

PropertyRadar offers a 3-day free trial of their platform for both the Essential and Complete packages. This is an excellent opportunity for real estate professionals to try the platform without committing to a paid subscription.

During the trial period, you will need to provide your card details, and if you decide to continue with a paid package after the trial, your card will be charged automatically.

However, if you don't want to subscribe to a paid package, you can cancel the trial at any point within three days.

How to download the PropertyRadar app?

To download the PropertyRadar app, search for it on the Mac App Store or the Google Play Store and click the download button. The app is free, but you'll need to subscribe to its features.

How do I cancel my PropertyRadar subscription?

To cancel your PropertyRadar subscription, you can do it either through the app or email. If you prefer to cancel through the app, follow these steps:

  1. Go to the Account Settings menu in the PropertyRadar app and select "Subscription."
  2. Click on the Cancel Subscription button.
  3. Select a reason for canceling your subscription from the list of options.
  4. Click Continue and confirm the cancellation by checking the three boxes and clicking the Cancel Subscription button.

Alternatively, you can cancel your subscription by emailing support@propertyradar.com from the email address associated with your PropertyRadar account.

Can I change the subscription plan on PropertyRadar?

Yes, you can change your subscription plan at any time. To do so, log into the PropertyRadar Web application and navigate to the Account Settings in the upper right corner. Select Subscription from the dropdown menu and choose the plan that best fits your needs.

Summary: Is PropertyRadar Worth the Investment?

PropertyRadar is an excellent tool for real estate investors looking for viable opportunities. The platform offers several features that simplify property prospecting, including automating lists and campaigns, verifying property and owner information, and connecting with owners from the same software.

Although the platform may seem clunky for some users, it is still effective once you get used to it. With $49 per month, pricing is more affordable than some of the comparable platforms. The 3-day free trial is an excellent opportunity to try out the platform and see if it fits your needs.

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