ProspectNow Launches Predictive Analytics Platform to Help Brokers Find Buildings Most Likely to Sell.
Industry: Real Estate
ProspectNow has launched a predictive analytics platform to help commercial real estate brokers identify properties that are more likely to be listed for sale.
Los Altos, CA January 19th, 2016
ProspectNow has developed a revolutionary platform to help its customers market to the property owners most likely to sell their commercial or apartment building. This CRE industry first platform uses a machine learning algorithm that analyzes thousands of property sales each week and then applies the results to properties that have yet to sell. The result is commercial brokers can now focus their marketing efforts on the buildings that are most likely to sell, instead of wasting precious marketing dollars on properties that have a very low probability of selling.
“It’s simple...we take the guesswork out of who to market to,” said Steve Wayne, Founder and CEO of ProspectNow. “Our measurements indicate there are more than double the number of potential listings in the properties tagged as likely sellers by ProspectNow. Imagine doing half the amount of direct mail or cold calling and getting the same results.”
ProspectNow has helped commercial real estate professionals find detailed building ownership for years. The addition of the predictive data now helps brokers focus their marketing on the right properties.
"This is by far the best tool I've used for prospecting and getting leads for potential sellers. In particular, the use of predictive analytics that shows me which properties are likely to sell in the next 12 months is a game-changer,” said Bud Enayati, a ProspectNow customer at Intero Real Estate in Los Altos, CA.
This new tool is available immediately. For more information, please contact email@example.com
About Prospect Now
ProspectNow is the number one predictive marketing platform for commercial real estate. ProspectNow tracks detailed information on tens of millions of buildings and enables its customers to identify properties that are more likely to sell or refinance. ProspectNow’s database includes detailed property, tenant, and ownership data along with the transaction history. The company is headquartered in Los Altos, CA and has thousands of customers. For more information, please contact firstname.lastname@example.org