Propwire 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 Propwire real estate software became possible and available for free to those considering this solution!
In this review we evaluated Propwire’s features, plans, pricing and other important aspects to help our readers make a more educated purchase decision.
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What Is Propwire?
Propwire is an online service that helps real estate investors, agents, and brokers find property investment opportunities and data. It also serves lenders by providing them with borrower leads.
The Propwire app comes with a set of tools to help users make more informed decisions when finding deals.
Through the platform, real estate professionals can discover off-market and on-market properties around their area and nationwide, connect with the property owners, and grow their portfolios.
At the moment, Propwire is completely free to use (with optional paid features), and this has made the platform quite popular within the real estate investor community.
What Is Propwire Used For?
Propwire is a prospecting and lead generation platform that acts as a one-stop shop for property and owner data. The following are various ways investors, brokers, agents, and lenders can use the platform.
- Unlimited property searches — You can use Propwire as house flipping software to find motivated sellers. There are different types of motivated sellers and properties on the platform. Use the advanced search and filter options to narrow it down. There is no limit to the number of property searches you can do in a day.
- Access to off-market leads — Propwire users can search for various types of off-market leads (properties for sale that are not listed on the MLS) on the platform, including absentee-owned, auctions, cash buyer leads, high equity, and pre-foreclosures, among others. Propwire is one of the best websites to find foreclosures.
- Access to ‘Hidden’ MLS deals — ‘Hidden deals’ is a term used by Propwire to refer to those leads that have been recently removed from the MLS due to the sellers getting frustrated by failing to sell the property via a real estate agent. The sellers are often motivated to sell, meaning you can close the deal faster.
- Refinancing leads — Propwire lets real estate lenders find real estate investors (potential borrowers) by using several filters, such as the Mortgage and Equity filter option. As a result, you can find homeowners looking to refinance their properties and investors looking to finance rental properties or renovations.
- Home service leads — Contractors can use Propwire to find properties that most likely require repairs and renovations by using the numerous filter options available. You can target property features (pool, lawn, and others) and year of build to find properties that require your services.
- Access to property data — For any property you look up on Propwire, you will find a comprehensive breakdown of the property data. Some of the data provided includes the number of bedrooms and bathrooms, year of build, lot size, agent information (if applicable), and the amenities available, among other details. Acting as an investment property analysis tool, it helps you complete a part of your pre-offer investment property due diligence checklist before you even contact the distressed seller or visit the house.
- Advanced filters — Propwire comes with numerous filters to help you narrow down your property search. To find properties to wholesale, flip, or list, you can filter your search based on property features, owner details, financial information, MLS data, and others.
- List building — Once you have created your search criteria, Propwire allows you to download the list of properties generated from your search. To get leads for wholesaling real estate easier next time, you can also save the search for future use.
- Skip tracing — The platform lets users look up a property owner’s contact information, including their phone and landline numbers, mailing address, occupation, and more.
- Property comps — Propwire allows users to run free comps to determine the true value of a property. The comps tool lets you search any address and see the recently sold homes in that area.
- Lead alerts — Investors using Propwire can set up SMS and email alerts and schedule them for a specific time. Use your saved searches to create alerts that will notify you each time a new lead hits the market.
Propwire Users Breakdown by Specialty
Is Propwire Legit?
Yes. Propwire is a legitimate real estate investor lead generation system that has been around since January 2023.
Since its launch, the platform has become a well-known name in the real estate investor community due to its robust data-pulling tools and free-to-use subscription model.
Additionally, the Propwire app was created by Jerry Norton, a popular investor with a massive online real estate brand (Flipping Mastery TV) and a range of real estate investment resources that includes real estate investing software and coaching programs.
Propwire also has an open and transparent public image, with an active social media presence across Facebook, Instagram, and YouTube, where the company informs users of new software updates.
When it comes to security, the company implements industry-standard security measures to ensure its website is safe from data theft or loss.
Altogether, there’s ample evidence to suggest that Propwire is not a scam.
Propwire Customer Reviews
Propwire Pricing
There are no service fees required to sign up and use Propwire services. The platform is completely free to use, and investors only need to sign up and start finding leads.
Still, if you decide to look up the contact information of a property owner, you will be charged for the built-in Propwire skip tracing service for real estate investors — this is the only cost associated with the platform.
The cost of the real estate skip tracing service is $0.1 per successful search.
Propwire Coupon & Promo Codes
Propwire Features
Access to Off-Market Property Sellers
With Propwire, you can type in any city, county, or zip code to find off-market properties (those not listed in the MLS) within the selected area.
The platform also has a built-in customized map search tool that allows you to highlight a specific area by drawing on the map.
Propwire app offers motivated seller lead generation for various homeowner and property types, including:
- absentee owners
- pre-foreclosures
- probates
- REO properties (repossessed and auctions)
- high and low equity properties
- empty nesters
- vacant lots
Access to MLS Properties
Propwire integrates with the MLS to provide you with the most recent property listings nationwide.
You can search for MLS properties based on the following MLS status search criteria:
- MLS Active
- MLS Pending
- MLS Sold
- MLS Withdrawn
Lead Stacking and Advanced Filtering
Lead stacking is combining searches by different property types to only include properties that match your criteria.
There are 17 lead types in Propwire, such as absentee owned, REO, empty nesters, auctions, free & clear, high equity, and vacant homes, among others.
Lead Stacking allows you to combine two or more categories to display properties that match both or at least one criterion.
In addition to lead stacking, Propwire also offers advanced filtering options. You can filter searches by:
- price
- property type (single-family homes, townhouses, mobile homes, and more)
- property features (number of bedrooms and bathrooms, lot size, occupancy status, etc.)
owner - financial information (estimated value, estimated equity, last sale price, etc.)
- MLS details (MLS status, listing price, photo availability, and more)
With numerous filter options, you can custom-tailor your search down to the last detail.
Refinance and Loan Leads
Propwire is also used as lender and mortgage broker software helpful in growing a lending business.
Its advanced mortgage leads generator with search and filtering tools allows real estate lenders and mortgage brokers to target properties and homeowners that may require refinancing and other loans.
You can find your ideal borrower by combining various search points such as mortgage and equity data (loan type, interest rate, equity, and others) and owner data (open loans, property profiles, and demographic details).
For instance, the Year of Build filter combined with an equity data search can help you generate a list of older, high-equity homes that qualify for reverse mortgages.
Similarly, you can target owners with high interest rates who may want to refinance for a lower rate. Or, you can use it as asset-based lending software to find home flippers to lend to.
Comprehensive Property Data
To help you find homes to flip, wholesale, or list, each listing on Propwire comes with a comprehensive property details section that lists everything you need to know about the property, including:
- living area size and lot size
- the number of bedrooms and bathrooms
- property type
- tax information
- owner information
- listing agent (if applicable)
- property images
- comps data
- estimated equity
Lead Notifications
Propwire allows investors to set up SMS and email alerts for new leads that hit the market.
Create and save your search criteria and use them to create alerts that match your search. You will be notified of new leads at a specific time each day.
Built-In Propwire Skip Tracing
Propwire is equipped with a skip tracing service to enable users to find the contact information of a property owner.
The real estate skip tracing tool is the only service that requires payment on Propwire at a cost of 10 cents per successful hit.
List Building
Investors and agents using Propwire can use the numerous filters available to narrow down their search and generate results that perfectly match their business needs.
The platform lets you download the generated leads list to your computer and save the search criteria for future use.
Propwire Pros and Cons
Pros
- The platform is free to use, which makes it an excellent solution for newbie investors who are only starting a house flipping career and other professionals across all financial levels.
- Propwire comes with an intuitive map drawing search tool to allow you to customize your search area quickly.
- There are plenty of search filters available that facilitate finding foreclosures, absentee owners’ homes, and other specific types of distressed real estate.
- Comprehensive property data and analytics to help you make more informed decisions.
Cons
- There are multiple complaints online that Propwire property data is not up to date.
Propwire Integrations
Propwire Alternatives
- HouseCashin investment property marketplace
- Real Estate Bees property marketplace
- Auction.com
- NeedtoSellMyHouseFast
- PropStream
- BatchLeads
- iSpeedToLead
- PropertyRadar
- Motivated Leads
- PiN
- Propelio
- FreedomSoft
- MyHouseDeals
- REI/kit
- REIPro
- InvestorLift
- 8020REI
- Fast Home Offer
- Lead Sherpa
- Realeflow
- USLeadList
- ListSource
- RealtyTrac
- Hubzu
- CurrentForeclosures.com
- Bid4Assets.com
- Zillow
Propwire Achievements
Awards & Recognition
Best Lead Generation Platform (Awarded by Real Estate Bees)
Press & Media
Propwire FAQs
Does Propwire have a free trial?
Since the platform is free to use, it does not require a free trial service.
How many clients does Propwire serve?
We couldn’t find reliable information on the number of customers Propwire serves.
However, the platform has received many testimonials and customer reviews online, which indicates a significant client base.
Who founded Propwire?
Propwire was launched in 2023 by Jerry Norton, a renowned real estate investor and licensed broker who has built a million-dollar real estate portfolio through real estate wholesaling and rehabbing, along with construction and development.
In addition to Propwire, Jerry also owns other online apps for real estate wholesalers and investors, including Flipster and DealGenie.
He is also the founder of Flipping Mastery TV, a popular online real estate investor coaching brand that also provides investing and real estate wholesaling courses.
What is Propwire’s customer service number?
Customers and prospective users can reach out to Propwire by calling (888) 966-9651. In the case of written inquiries, you can email the company’s support at [email protected].
What is the Propwire cancellation and refund policy?
Propwire users can terminate their subscription by deleting their service account through the on-screen instructions provided on the website.
There are no refunds provided since the platform is free to use.
What awards and recognitions has Propwire received?
We couldn’t find any awards or recognitions associated with Propwire.
Propwire Tutorials & Training
What Is Propwire?
How to Stack Lists with Propwire’s Free Software
Is Propwire Worth It?
Yes. Due to its zero pricing point, Propwire is certainly worth consideration by any wholesaler, rehabber, lender among to find distressed properties or borrowers. If you want to become a real estate agent for investors, it’s also a great tool for you.
Still, although the platform is free, it has a vast database of properties and provides highly detailed property data and analytics, similar to some of its paid competitors.
There are also many filters on Propwire that allow users to narrow down their search and identify investment opportunities faster.
Altogether, Propwire is a great tool for any new investor looking to start a fix and flip business or grow their portfolio.
For experienced investors with large portfolios, the platform may not be suitable due to its lack of real estate investor CRM services and software integrations.
Propwire Contacts
- Website: Official website
- Phone: (888) 966-9651
- Email: [email protected]
- Address: 2036 N. Gilbert Rd. Suite 2-188, Mesa, Arizona 85203
- Socials: Facebook, Instagram, YouTube
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About the Author:
With over 20+ years of experience in real estate investment and renovation, Brian Robbins brings extensive knowledge and innovative solutions to the HouseCashin team. Over the years Brian has been involved in over 300 transactions of income producing properties across the US. Along with his passion for real estate, Brian brings with him a deep understanding of real estate risks and financing.