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All Forum Posts by: Saif Al-Ibrahim

Saif Al-Ibrahim has started 0 posts and replied 1 times.

Post: Propstream vs Privy

Saif Al-IbrahimPosted
  • Posts 1
  • Votes 1
Quote from @Nur Al Sharif:
Quote from @Axel Norvell:

I've used both. From my experience:

- Propstream has more detailed and complete information and better for finding off market deals.

- Privvy is easier for seeing investor activity in the area and seeing the before/after of flips (how much they bought and sold it for)

As an investor, I presume that your versions don't give you access to MLS sale price data? Has that been problematic for you due to Texas being a non-disclosure state?

I spoke with a sales rep from the Propstream team and they said that their sale price estimates (for non MLS users) are usually within 1% accuracy, but they didn't provide any way to verify that claim. I'm really curious to hear about your experience with them.  

I work at a medium-sized wholesaling company and comp off-market deals 24/7, so I can speak for Propstream as a non MLS User with 3 years of experience on the platform.

Propstream is great and has a lot of good data in almost every state (If not every). However I will say i've noticed massive inaccuracies for non-disclosure states such as Texas & Indiana (Where we've picked up deals recently). Definitely a flaw to be very cautious about. If it's your only trusted source, you'll often have massive fluctuations in your perceived ARV compared to the actual ARV. The comparables are sometimes off by $50,000+ versus what they actually sold for.