The CourthouseUSA national property database now includes 105 million parcels and continues to grow. The database contains parcel boundaries, owner information, addresses, appraisal information, and building attributes as well as detailed metadata for each county. The data is the perfect “sandbox” for developers looking to provide property related apps to its customers. Unlike other data providers, we want to help you earn revenue from our data. Do you have an idea for an app? Contact us today to talk about it. Visit our App Store for examples of apps developed by us and developer partners. Visit our App Developers page to learn more.
Gary Vaynerchuk said it best – “If content is king, then context is God“. Of course Gary was mostly referring to marketing and advertising content. However, the same holds true for location based data as content. Data, content, big data, whatever you want to call it, is becoming more readily available. This is in part due to the great work of Code for America and the open data movement. The problem is we have more data than we know what to do with – unless we add context to the data. There are lots of opportunities to take all of this content and add context by making it extremely relevant for very specific purposes.
Foursquare provides a great example. If you’ve read my other blog posts you know I’m a big fan of Foursquare and that’s in part due to being a big fan of location based data. You may think of Foursquare as an app company. Actually, they are a data company. They have one of the best location based platforms on the market with 65 million venues, billions of check-ins, and 70 million tips tied to those locations. That’s the reason more than 85,000 developers have built products using Foursquare’s data. When you open the Foursquare app, you’re not overwhelmed by the massive amount of data that powers the app because the data is made contextually relevant for a single purpose – location based search and discovery of venues.
We’re currently seeing a trend whereas apps are becoming more focused on the context of very specific actions. Just look at all of the single purpose apps popping up.
- Foursquare with Swarm
- Instagram with Hyperlapse and Layout
- Facebook with Messenger and Groups
- LinkedIN with LinkedIN Connected, LinkedIN Job Search, LinkedIN Recruiter, and LinkedIN Slideshare
Parcel, or property data, is another location based layer that’s quickly “opening up” and becoming more readily available. Many companies, mine included, sell that content in bulk format. However, as the data flood gates open, content will give way to context. You’ll see less of a need for selling the data and more of a need for selling very specific and contextually relevant solutions tailored to a variety of industries.
I’m excited to see all of the solutions that will come out of the open parcel data movement. By the way if you have any ideas for one of those contextually relevant solutions for your industry using property data – email me firstname.lastname@example.org. We are on the lookout for partners / developers that want to build solutions for an industry using nationwide parcel data.
To all, Billy Burle is new to CourthouseUSA and he’s brought with him some of the latest techniques for illustrating our most successful 3rd party applications, like this field data collection system from Data Cloud Solutions. It works with any CAMA system, and with real time tracking and live QC, users are reporting 100% ROI within 12 to 16 months. Click here to see just how amazing it is.
Rental Property –
Securitization of the single family rental home market is Wall Street’s latest foray into the estimated trillion dollar bond market. If everybody pays their rent and doesn’t trash the property, both the big companies who’ve become landlords and the bond holders should earn a nice return. Although American Homes 4 Rent and Blackstone’s Invitation Homes are examples of the big companies getting into the market, Wall Street has found a way to finance the Mom and Pop landlords too. As a result, the opportunity for investors is nationwide and investors are clamoring to get in on the ground floor.
CourthouseUSA is offering a cell phone crowd-sourcing app that allows homeowners to help local governments keep track of the rental properties in their neighborhood. It’s free to the public, costs local government about $500 per month, and serves as a great PR tool promoting citizen involvement.
To read the latest on this new investment opportunity driving up the price of rental homes, check out these two articles:
And for a little background information regarding the securitization of the rental home bond market, check out these two articles:
Please contact Marlene Jeffers for more information