ProAPOD has updated it’s popular real estate agent software solution with lots of exciting new features that will make doing a real estate analysis at an extremely affordable price even better than ever.
If you’re not familiar with ProAPOD Agent 6 allow me to summarize before we discuss what has been updated.
Agent 6 is ProAPOD’s flagship rental property analysis software for those who want to get involved with rental property analysis with all the rock-solid essential elements needed to do it correctly at the lowest price possible. This is the software solution that ProAPOD introduced to the real estate community in 2000 and later was recognized by REALTOR©Magazine in their May 2003 issue as a “Cool Tool”.
Originally labeled ProAPOD Multifamily Analysis and Marketing Software, the name was later changed to ProAPOD Real Estate Agent Software (or Agent 6.0) to help set it apart from the two other investment analysis software solutions developed by ProAPOD in subsequent years. The thought behind the new name was simply to indicate that this would be a logical selection by most real estate agents who are looking to work with with rental properties occasionally and not as a full-time endeavor. In other words, it was meant to signify to agents whose primary business is residential property that they would find everything they need in this solution to sometimes work with multifamily property. Though even this is somewhat misleading because Agent 6 is currently used nationwide by agents, investors, appraisers, and financial consultants.
What makes Agent 6 so special is that it creates a range of real estate analysis reports that are absolutely superior but without the consideration for tax shelter or time value of money. That is, it creates an APOD, Proforma Income Statement, Rent Roll, Marketing Package and a range of other reports and rates of return required to list and sell income property that include the “before taxes” calculations but at the same time intends to fit the budget for users that commonly might want a rental property analysis without the more robust “after taxes” calculations.
Okay, so what have we added to our real estate software solution?
- Comparative Market Analysis – Previously only available in Executive 10, this will enable you to create a full market analysis on comparative properties to see how your subject income property stacks up against what has already been available on the local market.
- Capital Additions – Previously only available in Executive 10, this will enable you to include an amount and funding for capital additions for years 1-10 by month. The earlier version of Agent 6 only permitted an amount for capital additions in the first year.
- Photo Page – Previously only available in Investor 4 and Executive 10, this will enable you to include six additional photos of a property in your presentation.
- Loan-to-Interest Table – Previously only available in Investor 4 and Executive 10, this enables you to see a range of financial returns based upon various loan amounts and interest rates.
There are some other changes to this income property software solution that are more subtle and won’t be discussed here. However, it is important for you to understand that the best, most affordable real estate analysis software available on the market anywhere just got better and didn’t add one cent to it’s already low price of $149.95.