Description
Got an offer Accepted? Record the details here. Then start planning on how you are going to wholesale the property to one of your buyers. Set your Asking Price, pull in buyers from your list that purchase in the zip code and more.
Purpose
The purpose of this App is to have a place where you can plan and execute your exit strategy.
Video/Gif demonstration
Fields
Here is the list of fields that are created with this app. There are a variety of fields from simple text input fields to selection (category) fields. System and navigational fields not included
| Field | Type | Description | Category Options |
|---|---|---|---|
| Description | calculation | General information used in grids. Shows Purchase Price | |
| Property | app | A link back to the property Record, used to show address | |
| Date | text | Date property was purchased on | |
| Purchase Price | money | Purchase Price of the property | |
| Offer | app | A reference to the Offer that was accepted | |
| Asking Price | money | The price you will be asking for the property | |
| Potential Buyer(s) | app | A reference list of potential buyers | |
| Buyer | app | A reference to the actual buyer | |
| Earnest Money | money | How much earnest money you are asking for | |
| Earnest Money Received | category | How much of the earnest money deposit have you received | In Full; Partial; No; |
| Status | category | Status of the closing | No Buyer; Found Buyer; Closed; Expired Contract; Cancelled Contract; |
| Closing Date | date | Closing date that is in your contract with seller | |
| Actions | category | Easy Task Creation Buttons | Create Marketing Material; Start Title Search; Send Email to Buyers; Get Property Inspected; |
| To-Closing checklist | category | Things you must do leading up to closing | |
| Marketing Methods | category | Methods you plan on using to market this deal | Bandit Signs; Email to Buyers; Craigslist; Other; |
| Inspection Date | date | Date of schedule inspection | |
| Potential Issues | text | Place to list any potential issues that you might foresee |
Automations
Automations are processes that are triggered by an action (add new item or change a value) that occurs within an app. These automations are performed by REIFlow’s webservice by leveraging the Podio API and Webhook technologies. Globiflow or other similar services are not used in any way.
Contracts Created
- Property field is set to referenced PROPERTY App Item
- Potential Buyers field is set to referenced BUYERS App Items where buyer target area match property zip code
- Status field is set No Buyer
- Date field is set <current date>
Contracts Updated
– none –
Views
Views in Podio are predefined data filters that allow you to quickly see a list of items grouped and ordered in certain ways. REIFlow installs a package of views for each App.
All Offers: Shows Property Address, Date, Purchase Price and Asking price for all of your contracts
Status: Shows Property Address, Date, Purchase Price and Asking price for all contracts with selected status
Buyers: Shows Property Address, Date, Purchase Price and Asking price for all contracts with selected buyer