TechCrunch for Flipt
May 1, 2014
While the U.S. real estate market is still experiencing its ups and downs, the number of online real estate startups continues to increase quickly. The latest entrant in this business is Flipt, which aims to take some of the emotion out of real estate purchase decisions and replace it with a more data-driven approach.
Flipt analyzes available residential properties in an area and then ranks them according to what the potential buyers are looking for: to fix and flip the house, buy and keep it, or to rent it out. Using its proprietary algorithms, the company scores every property according to these three possible outcomes. “Moving beyond a basic marketplace, Flipt doesn’t just display real estate data – it makes sense of it,” is how the company describes its approach.