Is driving for dollars an effective way to find real estate deals?

Driving for dollars is a strategy where you explore neighborhoods looking to identify off-market homes in need of repair or maintenance. If the homeowner is unwilling or unable to make the necessary improvements but is motivated to sell, you can potentially get a good deal on these properties. The process itself takes a lot of time and effort as you’ll need to physically drive around an area, keep track of properties you’re interested in, and attempt to contact the homeowner. There’s also no guarantee that you’ll be able to seal a deal using this strategy but you can improve your chances the more contact attempts you make. Driving for dollars apps can help improve your chances of success by automating the most time consuming parts of the search like looking for owner information. Using an app while driving for dollars lets you identify, contact, and close deals more efficiently as you look for your next real estate investment.

What is the best driving for dollars app?

DealMachine has one of the best driving for dollars platforms available in the real estate industry. The app appeals to a variety of investors with different backgrounds and experience levels, starting as low as $49 per month going up to $249 per month for more high volume drivers. Additional services like mail campaigns can also be purchased through the site. The 'Driving For Dollars' feature is unique to the industry as it also allows you to upload and customize lists of off-market properties. The mobile app scores high marks in the App Store with a 4.8 average rating and over 3,200 reviews. Overall, the platform is a smart, effective tool at a reasonable cost that helps score your next real estate deal.

What is virtual driving for dollars?

Virtual driving for dollars further streamlines the driving for dollars strategy by letting you use street view from your phone or laptop to search for properties of interest. DealMachine recently launched a virtual driving for dollars experience that lets you take advantage of street view technology. Physically driving to explore locations takes time and effort, but you can shorten this entire process to a matter of minutes by taking a virtual drive. The less time you spend driving around neighborhoods and noting properties of interest, the more you can focus on increasing the number of homeowner contact attempts towards your next deal.

Clever Real Estate

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Clever Real Estate is a platform that guides you through the process of interviewing real estate agents to find the right one for you.

Our service is completely free — and can save you thousands.

How it works:

Trusted Local Agents: we proactively recruit thousands of the top-performing real estate agents in local markets across the country (including most rural areas!)
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Concierge Service: our Licensed Team of Real Estate Experts is dedicated to helping you find the right agent for your needs! We check in throughout the process to answer questions, make new agent introductions, and make sure you are having a seamless selling or buying experience.

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