The Distressed Property Score is a cutting-edge intelligence metric that predicts the likelihood of a property facing distress. Initially developed during the COVID-19 pandemic, the score has evolved to include a broader range of financial and demographic indicators, making it a reliable gauge for assessing property risk.
The score is generated through three proprietary algorithms that consider hundreds of data points on each property and its residents. These algorithms pull from reputable sources like the CDC and Johns Hopkins, and consider factors such as disease severity in the county, likelihood of resident contraction, and financial impact potential.
The Distressed Property Score is seamlessly integrated into the REfresh Engine, our comprehensive real estate AI platform. As part of this platform, the score is continuously updated and provides real-time notifications, empowering you to make data-driven decisions in near real-time.
It Starts With The Best Mailing List
Mailed 5,000 homeowners in 2 counties in June and landed 3 immediate listings and 2 investment deals - perfect. Big data / AI has come a long way in modeling who in your county is "likely to sell" based on all types of behavior triggers.
"It Used to be Harder!"
We got our first listing appointment within the same month as starting with Likely.ai. It was actually during an ISA training session, while calling Likely Seller predictions... I swear it used to be much more difficult than this!