US brokerage firm ziprealty.com, the current number five amongst US real estate websites, has teamed up with eRealInvestor to offer a research tool aimed at buyers searching for investment properties.
The new "Investors' Info" tab, embedded within ziprealty.com's listings, provides investors and homebuyers with detailed information to help determine a property's short and long-term investment potential. This information comes from eRealInvestor's eRealAnalyzer tool, which works by combining up-to-date rental, tax, and appraisal information with an intuitive interface to evaluate how a property may perform relative to various financial criteria.
"A new breed of buyers has emerged over the past twenty-four months," explains eRealInvestor founder and CEO Mike Genstil. "Today's homebuyers and investors have unique cash situations, financing requirements, and short and long-term outlooks. In certain neighborhoods, the level of competition for homes is extremely high, as is the demand for real-time information."
ziprealty.com was founded in 1999 and operates in 36 major US markets. eRealInvestor’s other partners include foreclosure.com, Century 21 and the Wall Street Journal’s realestatejournal.com.