When real estate tech entrepreneur Chris Drayer (see linkedin) gets started on something, WAV Group is always willing to take a look. Today we connected with Chris to get an inside look at Revaluate, a big data resource that pulls property attributes from 2000 data sources to tell a property story.
Today, Revaluate is in Beta and only available to New York City properties. There is great news and not so great news about this. The great news is that they tackled one of the most challenging cities in America to collect property data. The other great news is that New York City has an insane amount of housing spread across lots and lots of high-rise buildings, some of which have higher populations than small towns across America. It’s a big market with lots of consumers and real estate pros. It is free today, but they will charge in the future. The bad news is that it only works for New York City today, so you cannot see how the data will look in your market yet. Look at the sample report here.
When we look at products, we try to understand what is different. In this category, there are a number of property reporting tools available, including Realtor’s Property Resource, OnBoard, TLCengine, Realty Trac’s HomeFacts, MOVE’s Find, CoreLogic’s Realist, and a bunch of category killers like WalkScore. For the most part, Revaluate has stayed clear of those solutions., for example, there is no AVM. But in some ways, Continue reading