This is somewhat a loose metric for our current business model. 25% is just a arbitrary number with no science or data to support it.

They don't have enough data points.

Here are some data points below from the past month:🏠📈 Real Estate Update 📉🏠Here's the latest market report (based on single family homes):🏡 Mortgage Rates:30-year conventional rate today is 6.63%30-year VA rate today is 6.20%💰 Median Sales Price:May: $475,995June: $485,000July: $487,483📈 New Listings:May: 2,141June: 1,920July: 2,032📅 Median Days on Market Until Sale:May: 12June: 13July: 14📦 Months Supply of Inventory:May: 2.4June: 2.3July: 2.6

Quote from @Robert Ellis: I think a lot of this data for miami is wrong. it's not a buyers market or even close to a buyer''s market. 

Looking for guidance on where to find data for projecting revenue.

BrightInvestor offers a ton of market data and property data like crime heatmaps, appreciation rates, income data, and even off-market deals with automatic skip-tracing, analyzers, sales comps, and rent comps. 

I am sure there are a number of questions I am not even addressing so happy to provide amplifying data if I am missing something, but I figured this was a good spot.

Probably because they get all of their data from agents and would not exist for a day without agents inputting that data for them. 

REDX and Vulcan7 can get you solid data.

However, that's a more expensive process. you will need to paint and scrape that foundation