Revestor is a website for real estate buyers, investors, and agents to search homes for sale by the highest potential returns. Revestor's technology is positioned to be the industry leader in re-establishing buyer and investor confidence in the real estate market.
Bill Lyons, San Diego native, is the founder and CEO of this new and innovative startup. Revestor uses a patent pending algorithm to compile data to generate key real estate indicators. Homebuyers and investors (whether a first-timer or expert) can easily search neighborhoods for residential properties by the highest potential returns via the web or a mobile app in a map and list view interface.
Revestor empowers buyers and investors with information for better decisions. The website is set to launch in San Diego on 11-30-2011 and nationally shortly thereafter. Revestor has started to gain popularity on Facebook and has also seen an unbelievable amount of users reserve their usernames and request a private invite to the launch.
"Homebuyers today are apprehensive and want transparency; they want to purchase property with the least amount of risk and the highest potential reward. Consumers today want to make decisions based on quantifiable numbers not salesmanship or hyperbole," said Revestor's CEO, Bill Lyons. Revestor instantly lets its users know if one can rent a home for the payments thus reducing the buyers risk if he or she ends up losing his or her job. The site also provides other key real estate indictors to help measure a home's overall investment potential. "The second problem we solved was the amount of time that real estate agents and investors were spending to find potential investment opportunities in the first place. What used to take hours now only takes seconds. Realtors, homebuyers and the real estate market as a whole are in desperate need of the technology Revestor provides," said Mr. Lyons. Revestor decided to choose San Diego as its launch market not only because it's where the sales and operations teams are located, but also because the algorithm has revealed many investment opportunities due to low prices, low interest rates, and increased rental rates.
courtesy of: http://www.streetinsider.com/
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