Do you know? Which software helps real investors and agents find the contact information of property owners.
So, skip tracing software is used to locate people escaping contact. This software can track the mortgage holders, tenants, and other people who have moved without paying the notice.
Additionally, this skip tracing software only needs basic information like phone number, address history, and name to perform the search. These tools play a vital role in making good deals and investments.
In this article, we will tell you what is the best skip tracing software available and its importance.
Overview of Skip Tracing Software
Skip tracing software is like a detective; it helps find someone hard to reach, like a property owner, tenant, or someone who owns our money. This software uses data from different sources, such as credit reports, public reports, social media, etc.
To verify the contact details of an individual and find the people. This service benefits real estate specialists who want to reach out to potential leads, sellers, or buyers.
Top 10 Best Skip Tracing Software
Many skip tracing services are available in the markets, each with different characteristics, privacy, and accuracy. Some of the popular skip-tracing services are listed below;
PropStream
PropStream is a tool that helps people in real estate find information about properties and those involved. It matches users with properties that fit their needs and allows them to target potential leads accurately.
The user-friendly software helps people navigate large amounts of real estate data. It fits real estate investors and beginners and can help users understand market trends.
Drawback
They charge $99 for a month of complete access to the features, which makes them more expensive than some of their rivals.
RESimpli
From marketing to closing deals, this multipurpose platform assists you in controlling every aspect of your real estate business. In addition, it has a high hit rate for email addresses and phone numbers. This software also has a tutorial library and customer team support, which help you learn and fix the issue yourself.
RESimple has a built-in phone system, document signing, and CRM features, which can help you communicate and follow up with your leads and customers. Additionally, it offers a user-friendly interface that makes you start in less than a minute.
Drawback
It only covers some things in real estate that other tools offer. Suppose you are a new tech in real estate. It may take some time to understand the workings of the simple software.
DealMachine
DealMachine is like a lead generation superhero for you. It helps you find potential deals quickly. Also, it simplifies lead management and makes tracking your progress list of opportunities easy. In addition, dealMachine saves your time, which is a complex lead generation process in real estate.
The price may not be suitable for first-time users.
Skip Genie
Skip Genie is a multipurpose investigative tool capable of efficiently handling single and batch processing. It provides detailed information that helps you make clear judgments on potential leads. Also, it stands for its unique features, which offer more than just essential skip-tracing services.
Drawback
The price is high, and the user interface could be more straightforward.
PropertyRadar
This software allows users to look up unlimited properties and owners, create lists based on various criteria, set up automated notifications, and access detailed information. Additionally, it gives easy-to-reach information about property owners via phone or email, including name, phone number, email address, and mailing address.
More tools are available through its network of over 2,000 open-source apps and services, including Asana, Hubspot, and others. Additionally, it has a phone app to see the information on the road.
Drawback
While it offers tracing options, users seeking more advanced data analysis may need additional tools.
InvestorLift
This software simplifies finding and analyzing wholesale deals using real-time market data. AI also helps users increase their flow and investment by providing tools for tracking income and expenses.
It has GodMode features that allow users to see the best offer price for any property based on the current marketing conditions. Additionally, it has a built-in marketplace that connects wholesalers and buyers and allows users to sell their deals quickly and easily.
Drawback
Users might experience a learning curve due to its extensive features—and higher cost.
LexisNexis
It offers online access to renowned commentaries by experts and stalwart authors in law. It supports compliance, customer acquisition, fraud detection, health outcomes, identity solutions, investigation, receivables management, risk decision-making, and company workflow optimization.
Drawback
The advanced features might be too complex for those seeking more straightforward tracing solutions.
BatchSkipTracing
BatchSkipTracing is a service that provides contact data and live support to investors. The service can simultaneously process many records and find current and accurate contact information for property owners who changed phone numbers or used a different name.
BatchSkipTracing helps find and contact motivated sellers of off-market properties, such as those needing repairs or vacant homes. The service can also trace the license history and status of any property in the US.
Drawback
Some users reported needing more customer support, and beginners might need time to understand the advanced features.
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Mojo Skip Tracer
It provides unlimited bulk skip tracing with no hidden fees or contracts for a low month-to-month price. Additionally, you can validate the address, extract the tax, and append it with consumer contact information in a short time.
It also supports campaign management, email marketing, and list-building features that help execute direct mail and phone campaigns. Offers live support and training from a dedicated team of experts.
Drawback
Some users reported slow loading, crashing, or freezing.
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TLOxp by TransUnion
Allow users to access over 100 billion public and proprietary data points on people, businesses, and assets using advanced search and linking technology. It also provides features like investigation research, risk management, fraud prevention, compliance, customer support, and more.
It supports TCPS complaint phone and contact data verification, vehicle information, contact tracing, and social media.
Drawback
Accuracy or completeness of data provided by TLOxp. Also, their billing plans could be more apparent. However, some users also found technical glitches.
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FAQs
What is skip tracing, and how does it work?
When a debtor moves or runs away to avoid paying off their debts, a skip tracing process is used to locate them. This process involves double-checking the debtor's information, searching public records, and contacting those who may know their whereabouts. Skip tracing is an effective way to hold people financially responsible for their legal actions.
How accurate and reliable is the data provided by skip tracing software?
Skip tracing software's accuracy depends on the information's sources, updates, and privacy. Some software can access more databases and public records than others, but information can change over time, and privacy laws may protect some data.
What are the legal and ethical issues involved in skip tracing?
Ethical and legal observation are necessary for skip tracing. Tracers must have an acceptable purpose, follow the Fair Credit Reporting Act, respect the dignity and privacy of people, and avoid harassment and fraud. It is also advised to follow specific industry guidelines and codes of conduct.
What are the features and functions of skip tracing software?
Skip tracing software has many features and functions like data gathering from different sources, algorithms to perform searches using collected data like person names and phone numbers, data analysis, contact verification, and data visualization on graphs, and allows you to generate reports.
Summary
Skip-tracing software is like a detective tool that real estate professionals use. They used this software to find people who were hard to find, like property owners or debtors.
It is essential to track the property owners, tenants, or debtors who have moved without notice; these types of software also enable better deals and investments. Skip tracing programs require basic details to perform actions like phone numbers, address history, and names for an effective search.
These tools used various data sources, like public records, credit reports, social media, etc., to verify and find the contact information. It plays a vital role in reaching out to leads, sellers, and buyers in the real estate market. If you need clarification, what is the best software for skip tracing?
Then you can consider PropStream, RESimpli, DealMachine, Skip Genie, PropertyRadar, etc. This skip tracing software has pros and cons; it depends on which is best suited for you.
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Benjamin Mayo: Blogger covering Apple news, rumors & insightful product reviews. Professional indie iOS developer & contractor, creating apps.
