Top 10 Real Estate Apps for Investing in Real Estate - WealthFit (2023)

In this article

  1. What are the best real estate apps?
  2. Today's Top 10 Real Estate Apps
  3. Conclusion: The best real estate apps

whether you be onebuyer, seller whoInvestor, could be the real estate processcomplicated.

You may have questions forhow to find a propertyfirst or whatpaperworkis obliged to sell a house.

Wouldn't it be great if there were tools you could carry around in your pocket to help you answer any questions or challenges you encounter?

Here's the good news: you can!

This is where real estate apps come in.

Real estate apps can help you buy, sell, or invest in real estate; This help can range from locating properties to electronically signing documents and much more.

In this article, we're going to break down the best real estate apps you can use today.

What are the best real estate apps?

A real estate app can give you the information you need to make the best decision about when to sell or buy and for how much.

ANDreasonsis on the market will help you decide which real estate application is best for you.

For example, if you are an individual looking to move with your family, a real estate app that is more suitable for investors may not be as useful as one created specifically for your purpose.

The best real estate apps show you the stock you're looking for and offer extensive comparisons to find the best price.

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However, given the volatility of the real estate market, a real estate app is often not able to provide you with the company knowledge or local connections that can help you get a better overall price.

Today's Top 10 Real Estate Apps

While there's no clear winner, each of these top real estate apps is useful for its purpose.

Depending on your location or reasons for entering thereal estate market, a combination of a few advantages related to your situation can give you a boost over the competition.

Zilow

Perhaps the best-known real estate app for individuals and investors alike,Zilowprovides accurate information about the real estate market since its launch in 2006.

Whether you're buying or selling a home, Zillow provides local market information around the address with closings.real timeData.

Zillow recently added a search feature to explore rental inventory, available real estate agents, and home loan lenders.

Additionally, Zillow has added a rental management page to helpOwnerProperty management, payments andTenantleases

While Zillow is likely to top the list for the amount of information available, there can be some data saturation as some filtering may be required to display the desired information.

Furthermore, market comparisons and estimates may differ from actual selling prices as this is not the case.NOcover the skills and knowledge of a local real estate agent.

red fin

Offer almost the same information and functionality as Zillow for buying and selling real estate,red finis a top-notch real estate app that gives you the advantage of a local real estate partner.

In general, Redfin properties and homes listed through their real estate agents offer lower overall commissions andfinal costslike a local business.

Please note that while this local knowledge is a plus, commission rates are generallowerUnlike local agents, the volume of real estate transactions handled by these agents doesn't always provide the same sense of personalized service that you would receive locally.

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Immobilienmakler.com

Realtor.com is similar to other top real estate apps like Zillow and Redfin when it comes to finding and comparing real estate inventory.

However, the difference withImmobilienmakler.comlies in their internal process of how real estate agents are matched with potentialbuyerthe seller.

While most other real estate apps allow you to communicate directly with the agent, Realtor.com groups potential clients into a group and distributes them to paying offices by zip code.

This gives agents the potential for zip code exclusivity. However, it adds another layer between the buyer and the listing agent.

Trulia

As a subsidiary of Zillow,Truliaoffers yet another platform for the real estate market.

This real estate app excels at adding local and neighborhood information.in truthResident

This type of information can help resolve connections between properties, incorporating feedback from residents on:

  • schools
  • Entertainment
  • neighborhood security
  • and more

rocket houses

how many othersrocket housesis a robust and easy-to-use real estate app for finding available listings in your area.

This real estate app also connects potential buyers and sellers with the best real estate agents in their chosen location.

The main benefit of this real estate app is its place in the Rocket Mortgage family. This allows adirectConnect with a potential lender throughout your buying or selling experience.

In many cases, the interest rates offered by Rocket Mortgage can varynot lessfor properties found with this real estate app.

gold brooch

This real estate app is different from many others because it is focusednot lessabout the real estate transaction andadvancein providing the most accurate and up-to-date information on the real estate market.

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CommonHomesnap ProSubscription allows you to see the same up-to-date information from over 1 million licensed real estate agents.

There is still an opportunity to connect with local real estate agents if you find listings on the app or if you are a potential buyer looking to sell your home or property.

Movoto Real Estate with a sense of proportion

like Trulia,Movetois a real estate app that focuses on adding reviews from real residents around the property to the search results.

Movoto combines state-of-the-art AI with human experience personalization and connection to deliver one of the most personalized and data-driven experiences of any leading real estate app available.

With a focus on meeting the unique needs of potential clients, Movoto prioritizes building a business relationship with its clients rather than selling or buying a property, making it one of the best real estate apps on the market.

Xome

At first sight,XomeIt may look like a basic or simplified version of the other top real estate apps.

However, Xome also adds a short solid orclosure propertiesDatabase for a search function available.

This real estate app could be one of the best for anyone looking to invest.turn a houseor capitalize ashort saleÖmortgage process.

How these properties tend to sellMore quicklyUnlike traditional listings, a top-notch real estate app that includes this inventory can add tremendous value.

PropertyBase

Designed as an organizational tool for real estate agents or the likeinvest in real estate,PropertyBaseis ideal for agents, teams and brokers who want to increase their productivity by offering:

  • CRM
  • inner office
  • leading generation
  • Marketing
  • and more

Please note that this top real estate app does notNOThey offer many features for locating and examining inventory.

Docusign

One of the most famous real estate apps for real estate transactions,Docusignsaved countless trips and visits between loan officers and homebuyers/sellers by providing an easy-to-use electronic way to sign many transaction documents.

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While final closing documents must be signed in ink and notarized, Docusign can accommodate virtually any other signature requirement.

Conclusion: The best real estate apps

There you have it: today's best real estate apps.

Use one or more of these top real estate apps to help you on your real estate journey, whether it'scompare, sell orinvest in real estate.

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FAQs

What's the best app for real estate investors today? ›

Best Real Estate Apps of 2023
  • Best Overall: Zillow.
  • Best for Auctions: Xome Auctions.
  • Best for Home Purchase: Redfin.
  • Best for Home Values: Trulia.
  • Best for Rentals: Realtor.
  • Best for Renters: Apartments.com.
  • Best for Entrepreneurs: LoopNet.com.
Feb 8, 2023

What is the best way to invest in real estate with little money? ›

10 Best Ways to Invest in Real Estate With Little or No Money
  1. Purchase Money Mortgage/Seller Financing. ...
  2. Investing In Real Estate Through Lease Option. ...
  3. Hard Money Lenders. ...
  4. Microloans. ...
  5. Forming Partnerships to Invest in Real Estate With Little Money. ...
  6. Home Equity Loans. ...
  7. Trade Houses. ...
  8. Special US Govt.
Feb 1, 2023

What apps do investors use for their real estate? ›

Real estate listing websites like Realtor.com, Redfin, Trulia, Zillow, and ZipRealty are good resources for finding both MLS and for sale by owner (FSBO) listings. Investors can search for homes using a variety of criteria, and all of the websites have apps for iOS and Android.

Who is the most successful real estate investor? ›

Donald Bren. Donald Bren is one of the greatest real estate investors in American history. He is currently the wealthiest real estate investor in the country and has a net worth of $15.3 billion.

What app do most investors use? ›

Fidelity Investments – Best app for managing money all-in-one. Robinhood – Best app for active trading. Charles Schwab – Best app for beginners. Ellevest – Best app for socially responsible investing.

What is the best real estate to invest in? ›

The best commercial properties to invest in include industrial, office, retail, hospitality, and multifamily projects. For investors with a strong focus on improving their local communities, commercial real estate investing can support that focus.

How can I invest in real estate to become a millionaire? ›

9 Tips on How to Become a Millionaire Real Estate Investor
  1. #1: Learn About Real Estate Investing. ...
  2. #2: Set Clear Goals and Have a Plan. ...
  3. #3: Stop Waiting to Get Started. ...
  4. #4: Make Offers with Terms You Can Afford. ...
  5. #5: Generate Cash Flow. ...
  6. #6: Grow Your Portfolio. ...
  7. #7: Work Up to Larger Properties. ...
  8. #8: Keep Growing.
Jan 24, 2022

What is the fastest way to build wealth in real estate? ›

  1. 7 Fastest Ways to Make Money in Real Estate. ...
  2. Renovation Flipping. ...
  3. Airbnb and Vacation Rentals. ...
  4. Long-Term Rentals. ...
  5. Contract Flipping. ...
  6. Lease to Buy. ...
  7. Commercial Property Rentals. ...
  8. Buying Land.

How can I invest $1000 in real estate? ›

The following types of real estate investments don't require much cash, allowing you to get started with just $1,000 to invest.
  1. Fractional Ownership in Properties. ...
  2. Publicly-Traded REITs. ...
  3. Real Estate Crowdfunding: Private REITs. ...
  4. Real Estate Crowdfunding: Loans. ...
  5. Private Notes. ...
  6. Real Estate Wholesaling. ...
  7. Invest in Land. ...
  8. House Hack.
Jan 23, 2023

What is the most profitable way to invest in real estate? ›

With that in mind, here are five top ways to invest in real estate.
  • Buy your own home. You might not normally think of your first residence as an investment, but many people do. ...
  • Purchase a rental property and become a landlord. ...
  • Consider flipping houses. ...
  • Buy a REIT. ...
  • Use an online real estate platform.
Oct 26, 2022

What are 3 ways real estate investors make money? ›

Key Takeaways
  • The most common way to make money in real estate is through appreciation—an increase in the property's value that is realized when you sell.
  • Location, development, and improvements are the primary ways that residential and commercial real estate can appreciate in value.

What is the most common way to invest in real estate? ›

Invest in Your Own Home

Primary residences are the most common way most people invest in real estate. You take out a mortgage, make your monthly payments and gradually build ownership in your home. With luck and strong demand in your local market, you can cash in on the equity when you sell your home.

Who is the richest landlord in USA? ›

The 2022 Top Landowners in the Land Report 100:

John Malone – 2.2 million acres. Reed Family – 2.1 million acres. Ted Turner – 2.0 million acres. Stan Kroenke – 1.627 million acres.

Who is the fastest growing real estate brokerage? ›

Take a look at the top 25 fastest-growing independent real estate companies in the U.S. in 2022 below.
  1. theLender. Credit: theLender / Facebook. ...
  2. IDEAL AGENT. Growth rate: 5,514 percent. ...
  3. HqO. Growth rate: 5,291 percent. ...
  4. Spartan Investment Group. ...
  5. Ribbon. ...
  6. Point Digital Finance. ...
  7. Disrupt Equity. ...
  8. The Surefire Group.
Aug 16, 2022

Who is the richest real estate broker? ›

1. Donald Bren. Donald Bren began his career as a typical real estate agent, making his first investment in a real estate company that purchased over 90,000 acres of land.

What is the number 1 trading app in the world? ›

#1) Upstox Pro App

Best for instant investing. Upstox Pro App gives multiple trading options with an easy-to-use interface and is backed by eminent personalities like Mr. Ratan Tata. You can trade in stocks, mutual funds, digital gold, and much more, with the help of extensive charts.

How to invest $500 dollars for quick return? ›

How to Invest With $500
  1. Invest With a Robo Advisor.
  2. Contribute to a 401(k) or IRA.
  3. DIY With Commission-Free ETFs.
  4. Buy Fractional Shares of Stocks.
  5. Buy Bonds.
  6. Invest In Real Estate.
  7. Pay Off Your Debt.
  8. Beware of Trying to Invest $500 For a Quick Return.
Feb 23, 2023

Do most millionaires invest in real estate? ›

Some of the most successful entrepreneurs in the world have built their wealth through real estate. In fact, it's estimated that 90% of all millionaires invest in some form of real estate.

What is better than investing in real estate? ›

You can easily add stocks to tax-advantaged retirement accounts, such as a 401(k) or IRA, to grow your money tax-free. Over the long term, stocks have outperformed other investment options, such as bonds and real estate.

What is the safest investment right now? ›

Here are the best low-risk investments in March 2023:
  • High-yield savings accounts.
  • Series I savings bonds.
  • Short-term certificates of deposit.
  • Money market funds.
  • Treasury bills, notes, bonds and TIPS.
  • Corporate bonds.
  • Dividend-paying stocks.
  • Preferred stocks.
Mar 1, 2023

How long does it take to become a millionaire in real estate investing? ›

By continually flipping or renting the homes you live in, your net worth will probably hit the $1 million dollar mark within another 10–15 years and you can continue to get rich in real estate, while everyone else you knew at age 25 is still plodding along with little to nothing in the bank.

How do I become a successful real estate investor? ›

10 Tips to Become Successful in Real Estate Investment in 2022
  1. Choosing Your Market & Timing The Investment Wisely. ...
  2. Buy Low. ...
  3. Tap into the Hidden Market. ...
  4. Understand Your Costs Up Front. ...
  5. Understand The Market. ...
  6. Manage Your Risks In Real Estate Investment. ...
  7. Go for Best in Class – Not “The Best” ...
  8. Maximize Value of Real Estate.
Nov 23, 2022

How many rental properties do you need to become a millionaire? ›

To become a real estate millionaire, you may have to own at least ten properties. If this is your goal, you need to accumulate rental properties with a total value of at least a million.

How can I build $1000 in wealth? ›

Here are nine top ways to invest $1,000 and the key things to know about them.
  1. Buy an S&P 500 index fund. ...
  2. Buy partial shares in 5 stocks. ...
  3. Put it in an IRA. ...
  4. Get a match in your 401(k) ...
  5. Have a robo-advisor invest for you. ...
  6. Pay down your credit card or other loan. ...
  7. Go super safe with a high-yield savings account.
Feb 1, 2023

What is the number one key to building wealth? ›

The first step is to earn enough money to cover your basic needs, with some left over for saving. The second step is to manage your spending so that you can maximize your savings. The third step is to invest your money in a variety of different assets so that it's properly diversified for the long haul.

What is the 1% rule in real estate investing? ›

The 1% rule of real estate investing measures the price of the investment property against the gross income it will generate. For a potential investment to pass the 1% rule, its monthly rent must be equal to or no less than 1% of the purchase price.

What's the best way to invest $100 000 in today's market? ›

Here are some of the best ways to invest $100,000:
  • Focus on growth industries and stocks. The world economy is changing at a rapid pace, with some industries expanding and others contracting. ...
  • Buy dividend stocks. ...
  • Invest in ETFs. ...
  • Buy bonds and bond ETFs. ...
  • Invest in REITs.
Jan 27, 2023

Can you become a billionaire from real estate investing? ›

It is no surprise that real estate moguls are among the richest billionaires in the world who own hundreds of commercial & residential properties. The big benefits of real estate investing are passive income, stable cash flow, tax advantages, diversification, and leverage.

What are the 4 ways to make money in real estate? ›

There are generally four different ways to make money in real estate:
  • Increase a property's value.
  • Generate regular income through a property.
  • Buy and hold residential real estate.
  • Participate in investments that don't require you to buy property.

How do I become a real estate investor with $500? ›

You could purchase a REIT stock, invest in a real estate mutual fund or ETF, start wholesaling, or use a real estate app. The best investment apps for real estate have a small minimum opening balance, low fees, and portfolio diversification across several properties.

How do you start real estate investments from scratch? ›

Best ways to invest in real estate
  1. Buy REITs (real estate investment trusts) REITs allow you to invest in real estate without the physical real estate. ...
  2. Use an online real estate investing platform. ...
  3. Think about investing in rental properties. ...
  4. Consider flipping investment properties. ...
  5. Rent out a room.
Sep 14, 2022

Do you need a lot of money to invest in real estate? ›

Do You Need a Lot of Money to Invest In Real Estate? No, depending on how you do it, you may invest in real estate for as little as 3% of the sales price. Some borrowers may even get away with no down payment if they qualify for specific types of financing, such as a VA loan.

How do investors find real estate investments? ›

You can find real estate investors for a partnership in several ways: through bank financing, a real estate investment club, crowdfunding, your current personal or professional network, and online resources such as social media.

Do real estate investors use Zillow? ›

Zillow is one of the most sought-after platforms for real estate investors looking for properties and market data.

How do you invest in real estate from an investor who started with $5000? ›

5 Ways to Start Investing in Real Estate with Just $5,000
  1. Borrow money. One of the simplest ways to get the funds you need to buy a home is to borrow money from family or friends.
  2. Partner with someone. ...
  3. Seller Financing. ...
  4. Private money. ...
  5. Wholesaling. ...
  6. Lease options.
Jun 8, 2022

How do real estate investors make wealth? ›

7 Ways to Build Wealth Through Real Estate Investing
  1. Invest in a Private Equity Fund. ...
  2. Invest eligible capital gains in a Qualified Opportunity zone. ...
  3. Invest in a REIT. ...
  4. Complete a 1031 exchange. ...
  5. Invest in a syndicate. ...
  6. Participate in a “mini-IPO” ...
  7. Invest in a private debt fund.

How do you become a successful real estate investor? ›

  1. Make a Plan. Real estate investors must approach their activities as a business professional to establish and achieve short- and long-term goals. ...
  2. Know the Market. ...
  3. Be Honest. ...
  4. Develop a Niche. ...
  5. Encourage Referrals. ...
  6. Stay Educated. ...
  7. Understand the Risks. ...
  8. Invest in an Accountant.

Does HomeVestors offer a fair price? ›

Does HomeVestors offer a fair price? HomeVestors typically offer less than fair market value for homes. This is because they operate using the 70% rule as investors, which means that they don't pay more than 70% of a property's After Repair Value (ARV) once repair costs have been deducted.

Is it good to invest in Zillow? ›

Zillow Group has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Can you trust Zillow listings? ›

Conclusion: Can We Trust Zillow? Zillow is fine for what it is: one tool of many that homebuyers can use as they begin their search. However, it should never be used as a substitute for due diligence and research.

What is the 70% rule in real estate investing? ›

The 70% rule can help flippers when they're scouring real estate listings for potential investment opportunities. Basically, the rule says real estate investors should pay no more than 70% of a property's after-repair value (ARV) minus the cost of the repairs necessary to renovate the home.

How to flip $5,000 dollars fast? ›

Your best bet is to combine multiple strategies to earn 5000 fast.
  1. Rent a Home, Car, or Storage Space.
  2. Sell High-Value Items.
  3. Make Deliveries.
  4. Invest in Stocks.
  5. Sell Stuff Online.
  6. Freelancing.
  7. Drive for Uber or Lyft.
  8. Real Estate Investing.
Oct 20, 2022

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