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Hello everyone, my names Guy.
Im a novice investor, currently just starting out and I was wondering if anyone could help.. I've come across a website called Repolist. For anyone that doesn't know, (and without sounding too partronising here) they specialise in sourcing repossession leads.. My question is, has anyone used there website and what did they think? Are they worth the subscription fee which to be fair, isn't a lot, but I thought I'd ask anyways to get a more experienced view on the matter.. I also noticed they were partnered with Your Property Network magazine as well, which gives me a bit more confidence that they're a sure thing..
Any help would be much appreciated!
HI Guy,Welcome, and thank you for your question.RepoList is also partnered with Property Tribes and is the U.K.'s largest real-time database of repossessed, refurbished, cash buyer only, and auction properties.Basically, it creates a smarter property search.Subscribe to it via Property Tribes to get a half price subscription RepoList powered our Deal Sourcing Week 2016, and you may find the content interesting:Sourcing discounted property deals - overviewDeal sourcing for newbiesLooking for the angles Dispelling the myths about buying BMV Being efficient in sourcing discounted deals Hope that helps?
Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **If you have got value from Property Tribes, find out how you can support it in remaining a free to use community resource**
Thanks for quick reply, and all the information you provided! I didn't realise property tribes were also in partnership with repolist, so thank you yet again for the discount code, that's very generous of you! I'll give it a try and let you know how I get on..
All the best,
I subscribed for about a year but never found it to be that useful to be honest. the search function is pretty clunky and I seemed to be able to find the same deals via rightmove and zoopla (if a bit trickier to find there).
Thanks for the message! Ah right ok. Do you mind me asking what area you were searching in? No worries if not obviously.. I think I'm going to give it a try and see how I get on, but thanks for your insight! I appreciate it..
My experience was the same Rassie, the properties were the same as the ones I'd already clocked on Rightmove, Zoopla etc. Might be good for saving time for people though (me, I'm glued to property sites anyway so no hardship for me)
Of course you can find the same properties on Rightmove and Zoopla. All RepoList does is create a smarter search with additional filters, to help you identify possible deals.Considering that people will happily 5% of the purchase price to have a deal sourced for them, I think it's a legitimate product that is very good value for money at £9.99 a month. It can be cancelled at any time, so no one has anything to lose by trying it and see if they find it helpful.
For someone like me who is not a very sophisticated investor I can see the merits of repolist to signpost to relevant deals which are not readily obvious to the less experienced investor.
Over time an investor will get used to and understand how the major property websites work.
They may well then be able to identify the deals that repolist indicates
For a newbie repolist can only be of use
I very recently subscribed as my area of interest is refurbishments, having done a few searches Repolist does pickup the properties i am looking for, however I am disappointed with the auction coverage. The only auctions it appears to cover are those of "I am Sold" not a company I would use as my 1st choice due to their very high fees (min £5k).
Would like to see other auction coverage eg Alsopp, Pugh, SDL Graham Penny, Bernard Marcus etc