Buying a home on a budget? SpotProperty is the first daily deal site for those who are seeking a new house. The deal site searches through millions of homes on the housing market to identify the best deals in a local market and send out the information via e-mail to interested users. SpotProperty focuses on homes that are priced at least 10 percent below market value.
The daily deal website for homes, a subsidiary of Movoto.com, uses a “patent-pending DealSpotter” algorithm that selects multiple listings and compares homes that are on the market to similar homes nearby, including those that were recently sold.
SpotProperty was founded by Henry Shao and a small team as a new service from Movoto Real Estate. Shao is a licensed real estate broker, investor and software industry start-up veteran. He cofounded Movoto Real Estate is an online real estate search tool that helps homebuyers to find and purchase homes efficiently
“Over 40 million people in the United States have used some type of daily deal site, so this concept is well understood,” said SpotProperty co-founder Henry Shao in a recent report.
“Americans love deals, and there are more home deals in the housing market now, than ever before. SpotProperty is a fun and easy way to discover great home deals around you,” Shao continued to explain in the news report.
Source: Realty Times