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/
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?
Will Wertheim
Posted at 15:22h, 30 JuneCarfax 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
Posted at 16:27h, 30 JuneI especially like the rodent sightings in one of your examples 😉
22 rodent sightings reported within a block of 695 10th Ave
Drew Meyers
Posted at 18:45h, 01 Julylol
Malcolm Lewis
Posted at 08:52h, 01 JulyFascinating. 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
Posted at 14:18h, 01 JulyWhat about HouseFax?http://housefax.com/ They’ve at least got the right name 🙂
Drew Meyers
Posted at 18:45h, 01 Julyindeed
RentFax PRO
Posted at 07:28h, 02 JulyCheck out our service, RentFax PRO. We offer a range of reports that address critical decision points including risk, rent, income and more.
Mike McGee
Posted at 07:23h, 06 JulyMost 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
Posted at 13:21h, 05 OctoberHomeTrackr 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
Drew Meyers
Posted at 13:30h, 05 OctoberRich
Please disclose that you work there when making comments like this.
Rich Estes
Posted at 10:27h, 06 OctoberNo 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