How Real Estate Investors Save Time and Money with CloseAbility

Overview

CloseAbility transforms the distressed real estate investment process, enabling investors to save time, minimize risk, and maximize profits. Its cutting-edge AI integrates seamlessly into popular CRMs and transaction management platforms to help real estate investors focus on profitable opportunities, eliminate time-wasters, and streamline short sale closures. Below are four key use cases illustrating how investors can leverage CloseAbility to optimize their operations.

Identify High-Probability Short Sales Before Investing Resources

Challenge:

Investors often waste time on short sales that ultimately fail due to unforeseen complications or low profitability.

Solution:

CloseAbility’s AI evaluates distressed real estate opportunities based on historical data from over 3,500 transactions, predicting with over 80% accuracy whether a short sale will close profitably. This capability enables investors to focus on the most promising transactions, avoiding those with a high risk of failure.

Benefit to Investors:

• Save Time: Avoid working on transactions unlikely to close.
• Save Money: Eliminate wasted resources on unviable short sales.
• Maximize Profits: Prioritize short sales with higher profit potential.

Example: An investor uploads a list of properties into CloseAbility. Within minutes, the app identifies five short sales with six-figure profit potential, eliminating 15 others that wouldn’t meet the investor’s profit threshold.

Build a Pipeline of Profitable Short Sales with Automation

Challenge:

Manually sourcing and evaluating distressed real estate short sales is time-consuming and labor-intensive.

Solution:

CloseAbility automates short sale sourcing and imports leads into the investor’s CRM that meet pre-set profit and resource criteria. With this automation, investors can build a robust pipeline of high-value short sales ready to close.

Benefit to Investors:

• Increase Short Sale Flow: Get insights into hidden opportunities competitors cannot access.
• Scale Operations: Manage pipelines of up to 100 short sales efficiently.
• Consistency: Ensure a steady stream of profitable opportunities.

Example: Using CloseAbility, an investor discovers 25 off-market properties pre-qualified to meet their profit margins. These leads are automatically imported into their CRM, saving hours of manual effort.

Streamline Closures for Faster Payments

Challenge:

Closing distressed real estate transactions can be slow due to complex stakeholder involvement and bureaucratic delays.

Solution:

CloseAbility automates communications with lienholders, banks, and other stakeholders 24/7. By tracking the responsiveness of over 150 lienholders and integrating directly with platforms like SoftPro and Equator, CloseAbility accelerates the closing process by up to 75%.

Benefit to Investors:

• Get Paid Faster: Reduce transaction timelines from months to weeks.
• Efficiency: Minimize time spent chasing stakeholders or waiting on approvals.
• Predictability: Gain real-time updates on closing probabilities and timelines.

Example: An investor leverages CloseAbility to close a short sale with five liens in just two weeks. The app automated all communications and ensured every stakeholder met their deadlines, allowing the investor to secure their profit quickly.