Real Estate Databases: New Zealand and U.S.A.
Major databases that real estate agents use to research property owners and prospect for new business in New Zealand are CoreLogic and LINZ. Major databases that real estate agents use to research property owners and prospect for new business in the United States are CoreLogic and Realtor Property Resource.
MAJOR DATABASES IN NEW ZEALAND
- CoreLogic NZ has a coverage of 99% of the New Zealand property market and more than 500 million decision points in their database.
- Five hundred million customers in New Zealand leverage CoreLogic data and APIs to enrich their own databases with valuable property information.
- The database has up to 2,300,000 verified primaries in use physical addresses.
- LINZ is the authoritative government source of land title and cadastral survey records for New Zealand. These records contain information about property ownership and boundaries, and are essential to maintain property rights across the country.
- LINZ data services include property title owners and title memorials, parcels, for example, lots, sections, easements, covenants, and marginal strips and survey marks, observations, plans, adjustments, and land district.
MAJOR DATABASES IN THE UNITED STATES
- CoreLogic covers 99% of all properties in the United States, which equates to 147 million properties and 99.9% of the population.
- CoreLogic in the United States encounters approximately 4.5 million real estate transactions per month, and transaction assets boast historical data on 740 million real estate transactions.
- RPR is a wholly-owned subsidiary of National Association of Realtors (NAR). NAR has more than one million members in the US, which is composed of residential and commercial realtors who are appraisers, brokers, counselors, property managers, salespeople, and others participating in all aspects of the real estate industry.
- RPR includes a national database of more than 147 million residential and commercial properties in the US, The database is available to NAR members and is included in their yearly NAR dues.
- RPR offers online access to comprehensive real estate market data, analytics and reports for each of NAR's constituencies.
The information pertaining to alternate tools that real estate agents in the United States and New Zealand use to locate information that may be missing from databases is not available. It is likely that such tools used by the agents are not publicly available in order to keep the real estate agents business going. Having it publicly available may enable sellers and buyers to remove an agent from the transaction. Further, it appears that there is no fixed pattern for the tools being used mandatorily by the agents in New Zealand and the United States, hence there is no information pertaining to the tools used by them.
We commenced our research for other tools that real estate agents in New Zealand and the United States use to locate information that may be missing from databases to complete the property owner's contact details by going through real estate specific publications for both the countries where we aimed to find a relevant article or journal which could possibly have a direct or alternate information on major directories that agents use and other tools used. We looked into sources such as Boston Magazine, Property Institute, Bigger Pockets, among others. However, these included general information on condo listings and trends in real estate across both the countries, but nothing on the requested information.
We then moved on to check for real estate associations in New Zealand and the United States where the idea was to find some trends captured and presented as articles or blogs by these associations whereby they mention the use of specific tools as being a trend or use of directories as a trend. Scanning through websites and resources of associations such as the National Association of Realtors, Association of Commercial Real Estate Professionals (ACRP), Commercial Real Estate Development Association (NAIOP), National Association of Real Estate Advisors (NAREA), the Real Estate Institute of New Zealand (REINZ), the Real Estate Authority, among others, but we could not locate any relevant data that could be used. These majorly covered the real estate laws within the countries, rising problems, and their solutions, among others.
We then moved on to check for any specific reports which might have free sampled data (per country), which cites the name of the tools used or a common directory that is trending with more number of users across the two countries. Checking into reports from JLL, Newmark Knight Frank, Colliers International, Cushman & Wakefield, PwC, CBRE, among others, but no relevant reports could be cited. These are some top names in the real estate industry and are also into real estate business intelligence. The reports found majorly covered the overall revenue and sales, but nothing on the required subject of directory used and the tools used.
Lastly, we checked tools and software databases like Capterra, Getapp, Siftery, Eventbrite, RapidAPI, and review websites such as Fit Small Business to find some widely used tools by the real estate agents. While these portals had lists of software tools per sub-segment, a specific real estate industry was not included. Sub-segments like IT management software, scheduling software, lead management, Business intelligence software, CRM software, among others were found. However, there was no trace of software widely used or famous among the real estate agents across the specified countries or globally.