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Inaccurate rental ranges

Rapid account: Yigald
yigald
2 years ago

I just started to use the rental API in order to find ranges for invesments.
The results seems to fall 20-30% behind the real rates(my realtor provides comps).
How accurate/up to date the DB is?

Rapid account: Realtymole
realtymole Commented 2 years ago

Hi there,

Sorry for the late reply!

Our rental listings are updated daily and all rental estimates are calculated in real-time based on the information you provide in your request and the available comparable rental listings for that address or location.

So, as long as the area you are searching in has a good concentration of rental listings, the rent estimates we provide should be accurate for that area. Just keep in mind, that actual rental rates may vary based on factors that are not known to us, for example, the condition of the property, or its specific micro-location that may increase/decrease actual rents.

If you’d like us to take a look at the specific addresses you are searching for, please send us a message through RapidAPI with those, or post them here in the discussion.

Kevin Willow
Realty Mole Support

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