PropStream Real Estate Software Review 2024
With the help of our in-house editorial team, our platform’s members and external subject matter experts, this comprehensive review of PropStream real estate software became possible and available for free to those considering this solution!
In this review we evaluated PropStream’s features, plans, pricing and other important aspects to help our readers make a more educated purchase decision.
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What Is PropStream?
PropStream brands itself as the nation’s most-trusted, all-in-one provider of sophisticated residential real estate analytics. This software helps investors, realtors, agents, brokers, lenders, house flippers, and other users “find more leads and close more deals.”
A platform that yields customized data to help users make the most informed buying, selling and leasing decisions, PropStream has recently introduced a mobile app.
What Is PropStream Used For?
Lead Generation
- The platform enables users to determine the right market to grow their businesses with a 153-million property search.
- Another key attribute is its ability to pull fresh properties within certain territories making your motivated seller lead generation precise and effective.
- It also offers the capability to find and create targeted prospect lists with 100-plus criteria, and find and identify various types of motivated sellers. You can get access to foreclosed homes, absentee owners, and other distressed properties.
Property Research
- PropStream is one of the leading tools for finding houses to wholesale or finding a house to flip or buy as a rental. PropStream also works as real estate investment analysis software. The tool enables users to study properties to see if they match with their target market buyers and personal investment goals. They can access specific property information as well as neighborhood characteristics, such as school districts and crime rates.
- Users can instantly determine market values of properties.
- PropStream also makes comps from current MLS sales and county records available.
Marketing to Leads
- PropStream builds targeted buyer lists.
- The tool offers customized marketing tools to reach potential buyers.
- Users can track marketing activities.
PropStream Users Breakdown by Specialty
Is PropStream Legit?
Buyers should know if the software goes the distance or just sells the sizzle. Many reviewers commend PropStream on its one-stop-shopping value.
Real Estate Skills reported that users will discover that this software offers a plethora of handy features for those who buy and sell property. “The more you learn about it, the more you come to see its value for allowing you to make sound purchasing decisions,” wrote founder and reviewer Alex Martinez.
PropStream Customer Reviews
PropStream is fast, and you can skipjack a list without exporting it from the software.
Given the amount of stale data across all services we’ve used, we believe there’s a lot of room for improvement in the world of skip tracing. Having said that, we prefer PropStream as we find it’s higher quality and more cost-effective. And since we use this service for property research, we also find it to be more convenient than other paid skip tracing software.
The data in PropStream has empowered my company to strategically communicate with our target audience.
PropStream Pricing
How much is PropStream per month? Let’s look at its three pricing plans.
- PropStream Standard (Seven-Day Free Trial) — $99 per month
This is the basic plan that offers the most highly used features of the software. Buyers have access to the online platform and mobile app, 120-plus lead filters, nationwide property data, county and MLS county comps, 10,000 property downloads per month, the integrated marketing platform and more.
Anyone new to the software can try it free for seven days before monthly payments begin.
- List Automator Add On — Additional $27 per month
This add-on feature includes daily list monitoring, where users can check on up to 2,000 properties. It also offers list import and append capabilities.
- Team Member Add On — Additional $20 per month
Another add on to the standard package, this offers users full access to PropStream’s Managed Permissions and Access levels for up to five of the purchaser’s team members on one account.
PropStream Coupon & Promo Codes
PropStream Features
Comprehensive Nationwide Data
PropStream’s US-wide property information is gathered from county records, MLS records, and private data sources. It offers a complete and accurate database of more than 153 million properties.
Users can get the information they need by hunting for almost any property address in the US. The tool allows access to detailed data, including ownership facts, property specifics, mortgage records, tax details, MLS information, neighborhood comps, and more.
PropStream is a valuable tool to use during your real estate investment property due diligence process.
Property Search
The software enables users to search for a property by address, assessor parcel number (APN), or geographically by map. Following is some of the included, searchable information:
- Specific address
- County, city, and zip code
- APN
- Drawing features
- Parcel lines
- Map locations
Targeted Lead Generation
PropStream is among the most popular wholesale real estate lead generation and real estate investor lead generation tools also used by realtors to find motivated sellers.
PropStream offers users the option to immediately create targeted leads and marketing lists by using whatever combination of 120-plus property search filters and statuses they choose.
They can establish their own filters or select pre-filtered quick lists to help them discover engaged motivated sellers.
Accurate Comps for Evaluating Properties
PropStream provides current comps from public records and local MLSs to help users get the most up-to-date and transparent comp values available.
Users can specify individual neighborhoods and study the correct properties using the software’s sophisticated filters and drawing options.
Accurate and Up-to-Date Records
The software’s in-depth search filters enable users to rapidly search, save, and market to customized lists with a few mouse clicks. Following are PropStream’s filters and statuses:
- Ownership information
- Property characteristics
- Sales history
- MLS details
- Mortgage information
- Lien and foreclosure details
- Tax information helpful to find tax delinquent properties or homes with tax liens
Property Owner Contact
PropStream helps users communicate with property owners directly. Its built-in skip tracing tools for real estate investors and agents displays homeowner email addresses, phone numbers and snail-mail addresses.
List Automator
Automating lists verifies they are checked for accuracy, which saves users time and money.
The List Automator feature will automatically insert new leads that match users’ search criteria, and also delete old leads that are no longer relevant.
PropStream will update lists taken from other wholesale real estate software tools, or other property investor software you may use, with the newest data available.
Users upload their old lists and the platform will automatically refresh lists on a daily basis.
Targeted Marketing
PropStream’s built-in marketing feature enables users to quickly communicate with property owners and create investment-ready leads. They can target their lists with automatic real estate wholesaling postcard mailings, email blasts, and more.
The variety of marketing options allows users to choose what suits their targeted customer market the most effectively. Following is what the platform can help users do:
- Create lists
- Manage lists with the automator tool
- Manage contacts
- Add status tags
- Skip trace
- Create marketing campaigns
- Design and send postcards and other direct mail for real estate investors, wholesalers, and agents
- Generate emails
- Create landing pages
Team Building
PropStream enables users to include team members on their accounts to help with daily activities – such as list development, property evaluation, comp running, and more. Team members can include anyone, such as a co-worker or Virtual Assistant (VA).
Once a team member is added, the account holder can set permissions, allowing them access only to what they deem necessary.
PropStream enables team collaboration by allowing account holders to do the following:
- Add team members
- Add scouts
- Set permissions
- Access mobile app
- Assign properties
- Add status tags
Rehab Cost Estimation
Rehabilitation costs can be complicated and hard to determine. The PropStream Rehab Estimator tool negates any confusion and makes it simple, while educating users on the project before they invest.
All they have to do is pick a project category (bedroom, kitchen, etc.), and determine the kind of project and quality of materials. The Rehab Estimator will give approximate labor and material costs specific to that area.
Trends and Analytics
PropStream lets users see what today’s market looks like, enabling them to rapidly figure out the next trendy neighborhoods. Once they’ve determined their targeted areas, they can discover properties that meet their specifications.
Here is the information users can access:
Reporting
- Rehab estimates
- Analysis reports
- Cash flow reports
- Comps reports
- Complete market analysis (CMA) report
- Mortgage documents
- Property deeds
- County assessor’s maps
Analytics
- Heat map overlays
- Estimated value
- MLS stats
- Price growth
- Rental values
- Neighborhood Statistics
- Monthly price change
- Monthly rent change
- Average days on market
- New listings
- New sales
- New delinquencies
Equity & Values
- Estimated property values
- Estimated rental income
- Estimated equity
- Growth rates
Mobile App
When realtors or other users are out driving for dollars, they can enjoy the capabilities of PropStream from their phones or tablets as one of the best driving for dollars apps.
They have access to all the same features, such as property details, owner contact information, and comps.
Additionally, they can look up a property while driving, use the skip trace feature and mail a postcard right from their phone.
The platform’s mobile app provides users access to the following:
- Address search
- Geo-location
- Set features and drive
- Google Maps®
- Session recording
- Favorites
- Drive history
- Real estate skip tracing
- Built-in marketing tools
PropStream Pros and Cons
Pros
- The platform enables users to find out who owns a specific house.
- It offers nationwide reach with its search capabilities.
- PropStream gives its users access to statistics, trends and analytics.
- The skip tracing function offers investors the option to identify distressed properties.
- PropStream also has an integrated rehab calculator that lets investors get an idea of the potential cost for a rehab or home-improvement project.
- It offers a target marketing feature for email or snail-mail campaigns to customized lists.
- The platform offers a deal analyzer function that enables users to view the property information available so they can calculate with as much certainty as possible that a specific property is a solid investment.
- Its mobile app is very convenient for users who drive for dollars.
- The company offers a wholesale real estate affiliate program through which you can earn extra revenue by referring clients to the platform.
Cons
- The user interface (UI) isn’t very user friendly – the site is hard to navigate. And the help section isn’t very helpful.
- PropStream’s data appears in a small font size that makes it hard to read, especially for those who have a vision impairment.
- Price is key to a user’s software selection. Many potential customers have remarked that PropStream is very pricey compared to competing house flipper tools.
PropStream Integrations
PropStream Alternatives
- REIPro
- REsimpli
- Propelio
- DealMachine
- REI BlackBook
- BatchLeads
- DealCheck
- PropertyRadar
- RentCast
- FreedomSoft
- FlipperForce
- REI/kit
- Flipster
- PiN
- Foreclosure.com
- Auction.com
- Motivated Leads
- InvestorLift
- Privy
- Propwire
- Podio
- Realepro
- Mashvisor
- Realeflow
- CoreLogic
PropStream Achievements
Awards & Recognition
Best Real Estate Investing Software (Awarded by Real Estate Bees)
Press & Media
PropStream FAQs
Does PropStream have a free trial?
Yes, PropStream offers a 7-day free trial before users are charged the $99 monthly fee.
How many clients does PropStream serve?
Information not available.
Does PropStream have a CRM?
PropStream doesn’t have a CRM. However, some of its functionalities are similar to the ones offered by CRM tools.
Similarly to a CRM, PropStream allows you to obtain and store contact data about your leads as well as contact them directly from the tool.
For full-fledged CRM tools, read our guides:
- 7 Best CRM for Real Estate Wholesalers Compared
- 8 Best CRM Software Apps for Real Estate Investors Compared
Does PropStream have an API?
Yes. PropStream’s data APIs have helped power third party real estate CRMs and analytics applications.
Who founded PropStream?
During 2006, EquiMine – the parent company of PropStream – started compiling real estate information from the top data companies and creating what would become the original version of the company’s real estate platform.
In 2007, the first version of PropStream became available to investors. It was founded by CEO Rob Zahr in Orange County, CA. In November of 2021, Houston’s Stewart Information Services Corporation acquired the company.
The PropStream website credits their team of experts in different fields – developers, customer service representatives, real estate analysts, marketing rock stars, and management – to the growth and success of the company.
What is PropStream customer service number?
PropStream’s Customer Service phone number is (877) 204-9040.
The email is [email protected].
Customer Service is available Monday – Friday, 6 AM PT – 6 PM PT.
How to cancel PropStream?
Those who wish to cancel should call Customer Service during regular business hours or email the Customer Service team. Refund policy is not available.
What awards and recognitions has PropStream received?
Vice President, Strategic Operations and Business Development Tyler White of PropStream was named one of HousingWire‘s 2020 Rising Stars.
HousingWire brands itself as the most important source of news and information for the U.S. mortgage and housing markets, with a readership that includes lending, servicing, investment, real estate-market and finance professionals. The site is viewed by more than 10 million annual unique visitors.
In 2021, PropStream was featured as one of the 2021 HousingWire Tech100. This award celebrates the most innovative mortgage and real estate technology companies. PropStream competed with more than 300 applicants for the Tech100 ranking.
PropStream Tutorials & Training
Is PropStream Worth It?
It appears that, for all of the great features you get for the price, PropStream is a good deal.
The money made on a sale from one rental property found using the software can cancel out the cost of the software. Plus those who are hesitant to commit can try the software free for seven days before purchasing.
PropStream Contacts
- Website: Official website
- Phone: (877) 204-9040
- Email: [email protected]
- Address: 26457 Rancho Parkway South, Lake Forest, California 92630
- Socials: Facebook, Twitter, LinkedIn, Instagram, YouTube, TikTok
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About the Author:
Kristina Morales is both a licensed mortgage loan originator and real estate agent in the State of Ohio. Inspired by her years of working with buyers and sellers and seeing a need for more consumer education, Kristina created loanfully.com, an online educational resource for borrowers and industry professionals. In addition to real estate sales and mortgage lending, Kristina had an extensive corporate career in banking, treasury, and corporate finance. She ended her corporate career as an Assistant Treasurer at a publicly traded oil & gas company in Houston, TX. Kristina obtained her MBA from the Weatherhead School of Management at Case Western Reserve University and her B.A in Business Management from Ursuline College.