Skip tracing services can effectively and efficiently track down a missing tenant or locate an unknown property owner. Skip tracing for real estate investors is a relatively new and untapped field. Several software and tools are available to help you find owners and tenants, but how do you choose the best service for your needs?
This blog post will introduce you to the top six skip tracing tools for investors. Whether you're looking for a comprehensive suite of tools or a more focused approach, there's sure to be software to fit your needs.
Skip tracing in real estate is a process used to locate property owners who may be motivated to sell. It allows investors to find listings and great deals.
The goal is to get contact information from otherwise hard-to-find owners, like absentee owners. This can be done through various techniques, such as skip tracing software, databases, etc.
For serious investors, skip tracing is a valuable tool as it can help them find potential property owners that other investors have been unable to find. This can increase the chances of closing a deal with a motivated seller.
It's important to note that skip tracing is not the same as stalking. It's the legal use of research and special techniques to find a person of interest.
Now that we understand what skip tracing in real estate is, let's explore why investors should care about it.
You can make offers without competition by reaching the owners of distressed or vacated properties that have not yet been listed on the market or do not have their records on online directories or search engines.
This lack of competition means that if you can reach the owner and convince them to sell you the property, you can make an offer that you believe is fair and will eventually result in a huge profit than you would get if you purchased the property in a crowded market.
Skip tracing allows you to access data about properties that have not yet been listed. This gives you an advantage over other investors and a greater chance to realize significant profit margins on many properties.
This is particularly useful when using bulk skip tracing, as it allows you to find great deals on properties that are yet to be listed, giving you an advantage over other investors. It will go a long way in realizing long-term financial success and growing your business.
Skip tracing can help you identify potential clients, which is an excellent and effective way of collating the best data and generating real estate leads.
It eliminates the need for constantly driving around looking for properties for sale by owners and enables you to get a list of potential clients.
Imagine constantly calling phone numbers or emailing leads who will likely never respond. You can use skip tracing to determine if old leads are still valid and decide how to proceed, which can help improve your overall marketing strategy.
The process of skip tracing can help you identify and remove inaccurate data, such as a wrong number or incorrect property addresses, from your database. Doing so can create more space for real, actionable data.
This is particularly important in any industry, not just real estate, as bad data can lead to wrong decisions, wasted time and effort and lost revenue.
Skip tracing can assist you in finding leads that have gone cold, allowing you to continue pursuing them and potentially close deals faster.
Rather than driving around looking for distressed properties, which can be time-consuming and money-wasting, skip tracing software can reduce the time and effort needed to find potential deals.
Skip tracing is a powerful tool for managing leads.
You can use skip tracing software to generate lists of potential clients and qualify the best leads to pursue. This will save you time and resources and increase your chances of success.
There are three main ways to approach skip tracing, each with its benefits and drawbacks.
This is the most hands-on approach to skip tracing. Unearthing property owner information requires sifting through local records, such as the county tax assessor's office.
You can also explore various ways to skip tracing, such as online property owner search on social media platforms and Google.
However, it's important to note that such DIY efforts tend to yield mixed results at best, as finding the property owner's name and skip trace address can be a monumental task when you have very little data to work with.
Retaining the services of a professional can be a great way to save time and effort when looking for off-market properties.
You can hire a professional skip tracer to help you quickly and effectively identify a property's owner.
However, getting a skip tracer to work with you will often require orders in bulk rather than individually. This may not be the best option for novice real estate investors.
Over the past few years, advanced skip tracing software has hit the market specifically designed to facilitate finding good-income properties and doing investment property analysis.
Many skip tracing software enables you to find property owners in a matter of minutes. This can be a convenient and efficient way for real estate investors to streamline the process of finding off-market deals.
REISkip is a popular skip trace service that helps real estate investors and agents find quality data about potential home sellers. A skip tracer uses various methods and tools to locate individuals who have been "skipped" or lost track of, in this case, home sellers who might be interested in selling their properties.
The service provides real-time data that helps investors avoid time wastage on contacts that lead nowhere.
One of the key features of REISkip is its advanced search technology that uses skip trace triangulation that produces information previously only accessible to an FBI agent, licensed private investigator, or bail bondsman. This means it has access to more data and information than skip trace services.
The contacts from different sources are triple-checked to remove duplicate records, increasing the validity and accuracy of the results.
This allows investors to reach out to real homeowners interested in selling their properties, thus increasing their chances of closing a deal.
REISkip also provides real-time updates on the contact information of potential home sellers. This helps to ensure that the data remains fresh and relevant, as people often move and change their phone numbers.
Another feature of this skip tracer is its list management function, which allows users to organize their contacts based on location, property condition, or occupancy status.
Launch Control is a skip tracing service that helps investors quickly and easily find the owners of properties, even if they are absentee owners or out of state.
This skip tracing tool utilizes the National Change of Address (NCOA) database to locate the forwarding address of the property owner, which is not available through public records.
The service is easy to set up and only takes a few minutes to complete. It also complies with TCPA and other regulatory guidelines to ensure that users are not at risk of penalties.
Launch Control also provides reliable and real-time data from sources such as the National Data Warehouse, allowing users to make informed decisions based on up-to-date data.
Unlike searching for property owners through search engines or social media, Launch Control offers quick results, often in just a few minutes.
This is a significant advantage in the competitive real estate market, where time is of the essence. Access to accurate information can mean the difference between closing a deal or missing out.
SkipForce is a powerful skip tracer that combines the best of both worlds by providing access to two powerful databases in one platform. It offers Carrier and Credit data, which ensures the highest probability of making the right person contact, increasing your chances of success. These two are proprietary data set technologies that were developed by them.
SkipForce's Carrier Data can provide the top 3 phone numbers associated with a prospect, defined by their activity levels over the past 24 months. It also allows them to identify the best time of day to reach them, known as the daily optimal call window.
This maximizes your cold calling efforts by identifying the most active time windows for each phone number, thus allowing you to ensure that your message is delivered to your prospects at the most opportune moment, increasing the chances of engagement and conversion.
As for Credit Data, it includes up to 10 phone numbers, email appends, credit level data, credit header data, and additional information such as AKAs, forwarding addresses, relatives' info, and indicators, ensuring the most accurate records possible.
BatchSkipTracing is a skip trace service that helps real estate professionals, wholesalers, debt collectors, and other businesses find accurate contact information. It is designed to be simple to use while still providing accurate results.
One of the key benefits of BatchSkipTracing is that it satisfies legislative compliance. This means it obeys all laws and regulations regarding skipping tracing and data collection. This is important for businesses that must ensure they are operating within legal boundaries.
Another feature that sets BatchSkipTracing apart from other tools is its pricing model. Rather than charging a monthly or annual fee, BatchSkipTracing uses a fee-per-result system.
This means you only pay for the desired results rather than a set number of searches. This can be more cost-effective for businesses that don't need to conduct many searches.
Regarding the results, BatchSkipTracing promises industry-standard accuracy, which means you can rely on their data to correct it. And since it aggregates over 10.5 billion data points from over 325 million records, you can trust that you will get the most accurate results possible.
With BatchSkipTracing, you can search by owner names, addresses, social media profiles, or phone numbers and quickly find contact information for anyone you are trying to reach. This can help you close more deals.
ClearSkip is a premium skip tracing service provider that offers the fastest turnaround time in the market.
They provide a platinum-level skip tracing membership that promises to save you hundreds of dollars a month and give you access to the most accurate records for your lead lists, with a 95%+ hit rate.
ClearSkip offers both non-bulk and bulk skip tracing, which means you can upload your data sheet in any format and receive the most updated information for all prospective leads.
This is especially useful for due diligence and list stacking, as it ensures you have good data.
ClearSkip also provides LLC business skip tracing, the only skip tracer to provide this service and will even organize your data sheet for you upon delivery.
This is extremely useful for debt recovery and property searches, as it allows you to get your prospects' most updated contact details.
Probate skip tracing is another one that ClearSkip offers. This service provides you with the latest information on next of kin for any outdated property records, giving you the advantage of contacting the next owner in line.
Fiverr is an online marketplace that connects buyers and sellers for digital services such as website design, logo design, transcription, copyediting, and many other services.
As a freelancing platform, it streamlines the process of hiring a freelancer, and it's a great alternative to subscribing to tracing software or using skip tracing tools.
One of the services that Fiverr offers is skip tracing services. Fiverr has a wide range of freelancers specializing in this service.
These professionals have the expertise to provide accurate and up-to-date information on your leads, which is essential for debt recovery and property searches.
To hire a freelancer for skip tracing services on Fiverr, you need to search for "skip tracing" on the platform and browse through the available options.
You'll be able to see the freelancer's profile, ratings, and reviews, which will help you make an informed decision. Once you've selected the right freelancer for your needs, you can purchase their gig, and they'll get to work on your project.
Hopefully, this article has helped you to choose the best skip tracing software for your real estate investing business. With the right software, you can quickly and easily skip search through billions of records to find the data you need, maximize your ROI, and ensure that you're making the right decisions with your investments
And if you want to further save time and money and get more leads, you can trust Property Leads. We've gathered the most up-to-date information on motivated sellers across the country. With our leads, you can quickly identify the best opportunities and make smart investment decisions.
Simply fill out the form below to access our exclusive leads.
30 N Gould St Ste N
Sheridan, WY 82801
(207) 309-3949
sales@propertyleads.com
