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The CARFAX for Homes Opportunity

As I said several years ago, I think the history of the home opportunity is a massive one. Essentially, a CARFAX for homes.

No one has really nailed it though, at least in my opinion.

There are several entrepreneurs and funded startups dabbling in this space…

Chris Drayer is working on Addresscore. See an example here: https://addresscore.com/summary/?bbl=1010760032

Porch is putting some serious thought and resources into home histories.

Rentenna just re-branded to AddressReport to focus on this. See an example here: https://www.addressreport.com/manhattan-apartments/695-10th-ave-10036/

Flipt is thinking about it.

I’ve also spoken to 2 or 3 early stage entrepreneurs over the last year who are thinking about, and testing, along the same lines.

Anyone else barking up this tree? Any guesses as to who is going to pull it off?

About Drew Meyers

Founder of Geek Estate Blog / Geek Estate Labs. Zillow Alum. Travel addict & co-founder of Horizon. Social entrepreneurship & microfinance advocate. Fan of Red Hot Chili Peppers and Kiva.

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  • Carfax is rather limited in what it reports. Houses are far more expensive to repair and less likely to be in an accident. Better, I think (and the reason why it’s not likely to succeed) is a prelisting inspection and repair. I realize there are those who cannot afford the repairs but there are services that will wait to be paid on close.

  • petertoner

    I especially like the rodent sightings in one of your examples 😉
    22 rodent sightings reported within a block of 695 10th Ave

  • Fascinating. I like addressreport’s UI/UX. As a consumer, I’d like to see a clear separation between neighborhood and home stats. Once I’ve found a neighborhood I like I’m more interested in home stats – esp. building permits, code violations, crimes, etc.

  • deidrew

    What about HouseFax?http://housefax.com/ They’ve at least got the right name 🙂

  • RentFax PRO

    Check out our service, RentFax PRO. We offer a range of reports that address critical decision points including risk, rent, income and more.

  • Most of these seem to compile information around the house, but very little about the house itself. Some pull building permits, but that’s about it. No way to tell what work might have been done without a permit. Something that pulls insurance claims might be helpful. Has there been a fire? Flood? Speaking of floods, how about checking whether or not the home is in a floodplain? Of course, no matter how much information is pulled from various databases, you’ll always need to do an inspection anyway.

  • Rich Estes

    HomeTrackr is a free service for consumers that focuses on the history of the home. A big update release is due in November, so be sure to go sign up and try it out today. #peaceofmind

    • Rich
      Please disclose that you work there when making comments like this.

      • Rich Estes

        No problem.
        Yes, I’m the CEO/Founder of HomeTrackr. I’m happy to chat with anyone who may have questions about the platform. You can reach me on our contact us page.
        Thanks

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