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Exploring Propelio: Your Ultimate Real Estate Lead Management Tool

Looking to streamline your real estate business? Propelio offers a suite of tools to make lead management, property analysis, and deal identification easier. Here’s a comprehensive guide on how to use it.

Propelio helps you manage leads, get comparable property values (comps), and set up deal alerts. Here’s a step-by-step guide to make the most out of Propelio.

Getting Started

Logging In and Navigating the Dashboard

First, head to the homepage and log in. Once inside, you’ll see the dashboard.

  • The dashboard shows your leads
  • You can add new leads (properties you’re interested in)
  • Manage any tasks related to these properties

Moving a lead through its lifecycle is easy. Just think of it like folders on your computer:

  • Leads – New properties
  • Under Contract – Properties you’ve decided to move forward with
  • Portfolio – Properties you own
  • For Sale – Properties you’re selling
  • Completed – Properties that have been sold

Adding a Lead

Importing and Managing Leads

To add a lead, simply enter the property address. Propelio integrates with Google Maps to autofill details like the number of beds and baths. You can also manually enter additional info, such as:

  • Garage spaces
  • Lot size
  • Financial information (like after repair value and max offer)

And if you need to keep track of specific tasks, you can add them directly within the task management system. This is your to-do list for the property.

Getting Comps on Properties

Click the CMA (Comparative Market Analysis) button and you’ll see a map with comparable properties. Propelio auto-fills criteria like:

  • Bedrooms and bathrooms
  • Square footage
  • Year built

You can adjust these filters to get the best comps. After reviewing, give a thumbs-up to properties you want to include in your comp calculation. Propelio then shows you the estimated after repair value (ARV).

Managing Miscellaneous Info and Files

Propelio lets you add notes, photos, YouTube video links, and file attachments. This is useful for keeping everything in one place. Plus, you can track activity for teamwork, making sure everyone stays in the loop.

Deal Alerts

Deal Alerts are a powerful feature. These automate the process of finding undervalued properties. Here’s how it works:

  1. Define the criteria (e.g., single-family homes, 1-5 bedrooms, active properties).
  2. Set filters for undervalued properties (like those undervalued by 30% or more).

Case Example

If you’re looking specifically in the Dallas-Fort Worth area for single-family homes:

  • Input “Dallas County” and properties between $75,000 and $500,000.
  • Set a threshold for undervaluation, say properties that are 30% lower in value and at least $40,000 below market value.

Propelio will then list properties that meet these criteria. You can sort them and check for comparisons to see why they’re undervalued.

Checking Comparable Sales

By clicking on a property’s details, you’ll see comps that Propelio used to calculate estimated values. You’ll find information such as:

  • Number of beds, baths, and garages
  • Days on the market
  • Listing and selling prices

This helps you decide if a property really is a good deal.

Managing Contacts and Team Members

Propelio isn’t just for properties. You can add contacts related to a property, like sellers and contractors. This helps in organizing all communication and information in one place.

Teams can work together seamlessly. Each person gets a unique login, and you can assign tasks and activities to them.

Summary

Propelio offers a comprehensive suite of tools designed to streamline your real estate business, from managing leads to analyzing properties and setting up deal alerts. With its user-friendly dashboard, automated lead management, detailed property comps, and collaborative features, Propelio helps you stay organized and efficient.

Whether you’re adding new leads, getting accurate property values, or setting criteria for deal alerts, Propelio simplifies every step. By leveraging these powerful tools, you can focus on making informed decisions and closing more deals effectively. Start using Propelio today to take your real estate business to the next level.

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