Have You Tried These 5 Features of the Backflip ARV Real Estate App?

January 6, 2025

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The Backflip ARV Real Estate app is constantly evolving to empower real estate investors like you. For 2025, we’ve rolled out five powerful new features designed to streamline your workflow and boost your bottom line. Here’s a quick look at what you might have missed:

1. Stay Ahead of the Curve with Comp Alerts

Imagine knowing the moment a comparable property’s value changes—even mid-flip. With Comp Alerts, you’ll receive email notifications about crucial comp updates, giving you real-time market insights. This is invaluable for:

• Mid-Flip Adjustments: React quickly to changes in nearby property values, ensuring accurate ARV calculations.

• Loan Application Analysis: Alerts are enabled by default for properties connected to your loan applications.

• Post-Purchase Tracking: Monitor the final sale price of properties you considered, refining your future investment strategies.


2. Filter and Sort with Precision

Finding the perfect comps is now easier than ever. Our enhanced filtering and sorting tools allow you to:

• Filter with Precision: Eliminate irrelevant properties based on your specific criteria.

• Sort for Efficiency: Order comps by proximity, size, age, features, and more, ensuring you’re comparing apples to apples. This “buy box” approach for comps empowers you to fine-tune your analysis and make data-driven decisions.

 


3. Add Your Own Comps

Sometimes, the perfect comp isn’t readily available. Now, you can manually add comps directly into the app. This is especially useful for:

• Off-Market Properties: Include comparable sales that didn’t make it to the MLS or other public databases.

• Hyperlocal Insights: Incorporate your deep local knowledge for the most accurate valuations.

 


4. Tap into Real-Time Market Trends

Gain a competitive edge with up-to-the-minute market data from Redfin. For any U.S. zip code, access key metrics like:

• Average Home Price: Understand current market values.

• Median Days on Market: Gauge market speed and demand.

• Sale-to-List Price Ratio: Determine seller leverage.

• Active Listings & New Listings/Sales: Track inventory and market activity.

• Trend Indicators: See at a glance whether these metrics are trending up or down.


5. Stay Connected with the Backflip Community

Never miss out on valuable learning opportunities with our new Community Widget. Directly within the app, you’ll find:

• Webinar & Event Invitations: Stay informed about upcoming educational events.

• Exclusive Content: Access articles and videos tailored specifically for Backflip members.


Ready to Experience the Difference?

Watch our new app walkthrough. With these powerful additions, combined with our core functionalities—finding comps, determining ARVs, calculating profits, and applying for loans—the Backflip app is your all-in-one solution for efficient deal sourcing. Remember: you make your money on the buy. Download the Backflip ARV real estate app today.

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