RealBench uses simple green and red signals typically found in stock market applications and charts, but never before used in the real estate industry until now.
ORLANDO, FL, May 20, 2015 /24-7PressRelease/ -- SoftWorks Global LLC (http://realbench.net) introduced an iPhone and Android real estate mobile application with the same green and red signals typically found in stock market software, but for the real estate industry targeted to home buyers, real estate agents and real estate investors.
The kind of metrics that have been available to the stock market are now available for real estate to home buyers, real estate investors and realtors. Until now it has been difficult for home buyers, real estate agents and real estate investors to identify real estate opportunities in a concrete and measurable manner. One of the things the stock market has always had is numerous charts and metrics to identify the deals, both individual stock pickers and stock brokers can easily go to a chart see red and green stocks and know which ones to buy. This same type of metrics has been lacking in the real estate sector.
There is such a tool now for the real estate industry, it is called RealBench; RealBench is a real estate mobile application for home buyers, real estate agents and real estate investors. it gives you all the financial numbers you will ever need when buying or selling a home, flip property or rental property. RealBench uses simple green and red signals that makes it simple for anyone to use, just like the stock market signals, but for the real estate industry.
Imagine searching for a real estate opportunity either as a home or investment, going from property to property taking a picture and entering in your mobile phone the basic financial information of the property (price, square footage, down payment ..), and tapping a single button on your phone to tell you with simple green and red signals whether the property is a good buy or not. That's exactly what RealBench does, green means buy and red means don't buy, it is that simple.
There are numerous real estate software products in the market, but none of them provide simple to read signals that measure the financial characteristics and risks of potential properties using green and red traffic light signals, other software products in the market provide complicated calculations that are too difficult to be understood by the average user and too time consuming to be analyzed by the advanced ones. Realbench allows you analyze homes, income properties, and flip properties, commercial and residential on the go, ideal for the fast-paced lifestyle of today.
Furthermore the app calculates different sets of green and red signals for homes, rental properties and flip properties. The type of metrics a first time home buyer needs to know are different from the metrics an investor needs to know; additionally an investors buying a rental property needs a different set of numbers and signals from an investor buying a flip property. RealBench generates different sets of signals for home, rentals and flip properties, commercial and residential, covering the entire spectrum of real estate purchases.
The RealBench mobile app provides analysis for more than twenty financial indicators including Debt Coverage Ratio, Break Even Ratio, Loan To Value Ratio, Capitalization Rate, Gross Rent Multiplier, Cash on Cash Return, Front-End Ratio, Back-End Ratio, 70 Percent Rule, Profitability Index, Internal Rate of Return and others. It is not required to have prior understanding of these indicators; RealBench translates the results of these indicators to simple green and red signals on behalf of the home buyer, realtor or investor, spelling out in simple English what the results mean for their pockets.
This is an indispensable tool for anyone looking to buy or sell a home either for personal use, on behalf of a client or as an investment. Home buyers can have confidence about their first or second home purchases, while realtors and real estate investors can maximize profits.
* For more information about our real estate mobile app:
Go to www.realbench.net or send your inquiries at [email protected].
* Availability
The RealBench Real Estate Mobile App is available through the Apple Store and Google Play, simple type Realbench in the app search box in the Apple Store and Google Play.
For more information please visit www.realbench.net.
Contacts:
General Information:[email protected]
Technical Support:[email protected]
SoftWorks Global LLC offers innovative software for individuals and businesses competing in an ever-changing, connected world. Our accurate and easy to use products reduce the "Risk of Investing" by offering users value-added software.
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