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Updated over 11 years ago on . Most recent reply

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Nichole Mollica
  • Chattanooga, TN
0
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12
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ListSource data unreliable to you?

Nichole Mollica
  • Chattanooga, TN
Posted

Hi all,

I am just reaching out to find out what sources you use to obtain your mailing list info? I have purchased a few list, but the one from ListSource seems to be about 20% owner occ ,when I selected absentee. Is this your experience? Did I do something wrong when ordering?

What sources do you like for lists?

Thanks in advance for any input.

Nichole

Most Popular Reply

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211
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152
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Chris Feltus
  • Residential Real Estate Agent
  • Fort Worth , TX
152
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211
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Chris Feltus
  • Residential Real Estate Agent
  • Fort Worth , TX
Replied
Originally posted by Yu L.:
Also, I am not sure how Listsource calculate the equity, I believe they use the AVM and loan amount, however, I am not sure how often the update the loan amount and re-caculate the equity.

Fairly certain they reverse amortize to estimate equity. However, just because the property indicates there may be a lot of equity on paper doesn't necessarily mean its reality. For instance, they could have refinanced and pulled the cash out a week ago.

To make things simpler, I just use a rough estimate based on deed date 15+ years back for equity.

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