Technology

Homebuyers can find deals using new listing search filter

FixFlip.com says its algorithm identifies properties likely to yield profits for home flippers

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Add another item to the ever-expanding list of sophisticated search filters that buyers can use to isolate properties that closely match their preferences. Investors who pony up $15 a month can use FixFlip.com to hone in on properties that are likely to yield a healthy profit to investors who buy, renovate and sell them, according to the website. FixFlip.com, which launched today, says it flags deals for investors using a proprietary algorithm that "goes beyond simple cost per square foot search calculations that might otherwise incorrectly identify a home as a bargain." But the press release announcing FixFlip.com's launch didn't elaborate on just how the site's algorithm pulls that off. "Simply put, FixFlip.com finds all of the needles in the haystack and puts them in one place for fix/flip investors," said Jens Schoell, director of marketing for FixFlip.com, in a statement. The site, he added, expects rehabbers to make "significantly more money by ...