Tools for Real Estate is an App with 6 tools focused on some of the most common daily needs for real estate brokers and agents, but it’s also useful for anyone needing real estate financial calculations, date calculator which adds days to a start date and shows you the day and date for the calculated deadline, growth and FV calculations, ROI investment analysis and area converter calculator.

 

Here’s a screenshot for the first tool:

In real estate, “time is of the essence” and one of the most important tasks is staying on top of all the various contingency deadlines in an offer. This App has the perfect tool to help avoid missing critical deadlines, a date calculator. Simply scroll to the starting date (current date) or for brokers/agents the mutual acceptance date, then enter the various days for various contingencies with deadline dates you need to know such as: 2 days for Earnest money deposit, 5 days for Title review, 10 days for inspection response deadline or in some case long feasibility times like 30 – 60 days, etc. Just go down your list entering days for various deadlines. It even tells you if the deadline is on a weekend in case some contingencies might rollover to the next business day. You can add your own custom notes in the blank note fields for each deadline then, when you have all days entered, tap calculate and all the deadline dates will be displayed. You can then tap the camera icon in the upper right corner to save the screen to your photos which can then be emailed, printed or saved in your file. Awesome!

Here’s the second tool :

If you are a busy Buyer Broker, I’m sure you’ve been asked: “What price home can I buy with a monthly payment of $x dollars?” If you aren’t a whiz with a financial calculator (or maybe you don’t have one), typical amortization finance programs have you enter a loan amount and display the payment, so to answer this question can require trial and error principal amounts and multiple calculations to get the answer.
 
With this App, all you do is enter the desired monthly payment, loan term in years and interest rate and the max principal loan amount is displayed showing what the loan is for a given monthly payment for given term and interest rate. Terrific!

Working with an investor or Buyer with questions about how much a property might be worth in the future?

This App provides growth in value calculations.
All you do is enter the current value or purchase price, the anticipated annual growth rate and number of years. Instantly you’ll get a final answer and you’ll also have a list of annual growth values you can scroll through to see yearly appreciation.

If you need to do an ROI analysis,

this App has a tool allowing you to enter the initial value, the current value, number of years the property was held and it will provide the gross annual growth rate of return.
 

Some real estate sites and portals show property areas in Sq.Ft. instead of Acres or visa-versa.

This App has an area converter tool where you simply enter the units you know and it instantly coverts to the ones you don’t, Sweet!
 
All of the tools in this App hold the data entered until you exit the tool (persistent data). This makes it very easy to do a lot of calculations quickly, because you can just change one desired parameter and quickly rerun the calculator, Nice!
 
 
The best part is that this first version of this App is being offered for free! All we ask is if you use the App and you like it, please give us good feedback. A lot of time and effort went into making this tool, but if you find any bugs, have problems or maybe new feature requests, please click on the 3-horizontal bar(pancake) icon at the top right side of the initial page and click on one of the ways to reach us.

We hope you enjoy this App and that you find it useful.

Thank you very much,
Brian Wilson, Developer