In The Name of Transparency—Introducing ‘Insights’
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Rabbu Releases The First Free Appraisal Tool, ‘Insights,’ To Help Real Estate Investors Reliably Valuate Short-Term Rental Viability
Rabbu, an investment platform company that’s helping investors meet the new era of post-COVID real estate, today announced the rollout of their new tool, Insights. The only no-cost, data-driven offering of its kind, Insights is designed for forward-thinking rental investors, rental brokers, and prospective homebuyers who want an accurate and quantitative analysis of their property’s potential as a short-term rental.
Adding to Rabbu’s array of proprietary, tech-based solutions, Insights is a free tool designed for mobile and desktop use. It has a clean and intuitive interface; users simply input an address and select the number of bedrooms at the property. Insights then instantly calculates the monthly revenue potential for that specific property. Importantly, the monthly number is seasonally-adjusted to reflect an average month over the course of a year.
Every investor begins with an address. Now, they can begin with a concrete understanding of what their address could make.
For unparalleled accuracy, Insights studies the daily rate and average occupancy of comparable Airbnb properties in the area. A drop-down menu offers a full view of the nearby listings, complete with a gallery of images, a list of amenities, a view of the calendar and a history of the pricing. All data is updated in real-time, offering investors and property owners an informed and accurate appraisal. In an instant, the tool produces a three-tiered estimate: average, 75th percentile, and 25th percentile. This revenue strata allows investors to adjust their expectations based on considerations such as the quality of their furnishing and other amenities.
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