Updated over 5 years ago on . Most recent reply
Real estate “deal machine Tool”
What are everyone’s thoughts on the app “Deal machine” is there something similar to it that works best ? Or a free alternative?
Most Popular Reply
As promised, I'm adding an update to my DealMachine review. Here's what's new:
1) I've had the opportunity to really explore the app and put it through its paces. To date, I've added 1,124 properties to the app and I'm currently marketing to 1,013 of them. My marketing efforts have just begun and most property owners have only received 1 postcard from me thus far. As a result, I haven't closed a deal via the app just yet, but I'm feeling confident that I will snag 2 or 3 within the next 2 months. (It's going to take a few repeat postcards to buildup seller's trust).
2) I've had a chance to connect with the DealMachine team, including @David Lecko, and voice my previous concerns and express requests for desired features. Guess what?? THEY LISTENED! They took my requests and put them into action. That says a lot to me.
3) I know they have big plans ahead and their building out a roadmap to add features to streamline the marketing process. They're really thinking BIG PICTURE stuff, and I'm excited to see those features rollout in future updates.
Overall, I'm pleased with the app and I've spent $1,008.61. If I'm able to generate 4 deals (approx. 1 deal for every 250 properties I target) that will return me approx. $55,000 (based on an average Assignment Fee of $13,750). That's one helluva return! I'll post another update in a few months and see how things are looking... hopefully I'll have closed a few deals via DealMachine by then. Stay tuned...