Real estate · Software tools

Real Estate Startup: Are there any software programs that will verify individuals are actual owners?

Scott Sosso

May 19th, 2016

I am building an online platform for the real estate industry and wanted to know if there were any software tools or programs that I could leverage to verify users are the actual owners of the residential or commercial property. If the tool does not already exist, do you have any ideas on ways to verify that registered users would be the owners of the subject property? Thanks.

TOB JASPER CEO@GETHOSTEL.ORG

June 8th, 2017

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Orion Parrott Founder and CEO, Lendsnap YC S16. We're hiring!

May 21st, 2016

propertyradar.com
http://www.datatree.com/

Anthony Zeoli Digital Strategy and WordPress Consultant and Trainer

May 19th, 2016

I'm thinking that you can grab a feed of addresses from Google Maps API then validate that feed against publicly available API data of property owners that a company like this: http://www.propertyshark.com/mason/, may be able to provide.

Joe Emison Chief Information Officer at Xceligent

May 19th, 2016

Keep in mind that in commercial real estate, most buildings are owned by LLCs, so it can often be quite a lot of work to determine who the "true owner" is. There are several businesses in the U.S. that only/primarily exist to provide "true owner" data.

Vince Marconi Founder President at Price Patrol, LLC

May 20th, 2016

instead of going directly through the title company, you can use a third party too.  They charge but I think have a much easier way to search, possibly an API.  Check our Black Knight http://www.bkfs.com/Data-and-Analytics/DivisionInformation/Our-Data/Property-Data/Pages/default.aspx

Harold Waggoner President at DRD Resolution Group, Inc.

May 20th, 2016

Hi Scott,

Several options to consider...

1) Create an API and do a deal based on bulk data provider.

a. Based on monthly transaction queries.

b. Based on monthly transaction queries with ad/lead revenue share offset.

c. Bulk license data per state and utilize a smaller affiliated space company that has aggregated national but not a CoreLogic, First American, RealtyTrac etc.. You will probably find that most of the these smaller companies license from the big boys but could allow you the ability to query based on a revenue share. I know of a few India based companies that aggregate for larger companies and probably have the ability to license.
 i. AVM Companies
1. Zillow
2. Realty Bargains
3. Valuation Research, LLC.
4. Black Knight Financial Services
5. and the list goes on...
 ii. Smaller Bulk Data Providers
1. Melissa Data
2. SMR Research Corp.
3. Realty Bargains - Data Company
iii. RE Space Companies
3. Realty Bargains
4. Home Finder
5. RealtyStore
6. Zillow/Trulia
7. and the list goes on...

2) Not my first choice but you could develop a Scripting Engine utilizing property appraiser data. Look at publicrecords.onlinesearches.com. You could leverage a company like this or a similar company and develop the last mile of the application. My guess is there are others doing it.

JMHO

wag

Umar Alli Lead programmer / CEO at shoplit

June 8th, 2017

Hi? I have few ideas up my sleeves. You can inbox me or skype me at Earlumar.

Scott Sosso

May 19th, 2016

Anthony, thank you for your insight.  

Vince Marconi Founder President at Price Patrol, LLC

May 19th, 2016

your going to want to use the public data available through a title insurance company.  I worked in title and lending for many years.  The best company for title is Orange Coast Title.  Their website is TitleAdvantage.com , I do not know if they offer an API to access this information yet but I know their CTO and could ask for you.  

It should be as simple as a quick property history search then compare the name on title to the person who claims ownership.

Hope this helps!

Scott Sosso

May 19th, 2016

Vince, thanks for the response.  Looks like TitleAdvantage.com only operates in NV and CA.  Do you think the CTO will have access to data across US?  I know there are some resources out there like firstdata but the cost is $250k for nationwide data....  Looking for something much more affordable if possible.  I would really appreciate if you asked.  You can email me directly on what you find out, scott40m@gmail.com. Thanks.