InheritedData in Detail

InheritedData in Detail

What is InheritedData? 

InheritedData is a real estate data platform specializing in exclusive, real-time information on inherited properties across the U.S. Founded in 2019 by Ernest Johansmeier, who brings over 25 years of experience in real estate and finance, the company offers a unique data source known as Private Placement Data—unpublished death and property records available within 24–48 hours of a homeowner’s passing.

Subscribers receive access to InheritedDataPRO, a CRM platform that includes skip tracing for up to five relatives, title search details, and integrations with tools like PhoneBurner. The service also provides coaching, training, and system setup to help users build a consistent pipeline of motivated seller leads. By offering this data months before probate filings become public, InheritedData gives real estate professionals a significant head start over competitors. 

For more information, visit our website: https://inheriteddata.com.

Why InheritedData?

InheritedData.com offers a unique resource for real estate professionals by providing exclusive, real-time data on inherited properties across the United States. This platform is particularly valuable for research and business development in the real estate sector due to several key features:
  1. Access to Exclusive Private Placement Data

InheritedData utilizes a proprietary data source that delivers death notifications within 24–48 hours after an individual’s passing. This information includes details such as the deceased’s name, date of birth, date of death, last known mailing address, and associated real estate holdings. Unlike public probate records, this data is unpublished and exclusive to InheritedData clients, offering a 3–6 month lead time before properties enter the public probate process.
  1. Comprehensive Property and Heir Information

Each record in the InheritedData system includes extensive property details, such as ownership information, market and assessed values, mortgage data, lien holders, lot size, and square footage. Additionally, the platform provides contact information for up to five of the closest relatives, including phone numbers, email addresses, and mailing addresses, facilitating direct outreach to potential sellers. 
  1. Advanced Tools and Support for Data Utilization

Subscribers gain access to InheritedDataPRO, a comprehensive application that functions as a CRM and includes features like a download center, help center, and knowledge base. The platform also offers integrations with tools such as PhoneBurner for cold calling, enhancing prospecting efficiency. Furthermore, InheritedData provides personalized coaching, training, and technical support to help users effectively leverage the data and tools available.  
  1. Competitive Advantage in the Real Estate Market

By accessing inherited property data before it becomes publicly available through probate filings, users can engage with motivated sellers ahead of competitors. This early access allows for the establishment of rapport and negotiation of deals without the pressure of a crowded market, potentially leading to a higher success rate in securing property contracts. 

InheritedData.com serves as a valuable tool for real estate professionals seeking to identify and engage with potential property sellers before properties enter the public probate process. Its exclusive data, comprehensive property and heir information, advanced tools, and supportive services provide a significant advantage in the competitive real estate market.

How Does InheritedData Do It?

InheritedData.com offers a unique service by providing real-time, unpublished data on recently inherited properties across the U.S., giving real estate professionals a significant lead over traditional probate records. Here’s how their system operates: 

How InheritedData Works

  1. Data Compilation

Within 24–48 hours of a homeowner’s passing, InheritedData receives a death notice and identifies associated real estate and up to five closest heirs. This information is sourced from a private, unpublished channel, distinct from public probate records.
  1. Data Access

Subscribers gain access to InheritedDataPRO, a platform that allows filtering of inherited property records by county, MSA, or CSA. Each record is exclusive to the subscriber, ensuring zero competition for those leads.
  1. Engagement with Leads

Each record includes comprehensive property details, ownership information, and contact data for heirs, facilitating early and direct outreach to motivated sellers.

What Makes It Unique

  1. Private Placement Data

InheritedData’s “Private Placement Data” is exclusive, unpublished information not available through public records, providing a 3–6 month advantage over traditional probate data.  
  1. Comprehensive Support

Subscribers benefit from personalized coaching, technical support, and training resources to maximize the utility of the data provided.  
  1. Integrated Tools

The service includes tools like InheritedDataPRO for data access, PhoneBurner for streamlined calling, and InheritedDataVA for virtual assistant support, InheritedDataDM for direct mail, creating a comprehensive system for lead management.

InheritedDataPRO - Where do you Find Your Data? 

→ Create Your InheritedDataPRO Account

InheritedDataPRO Parts

  1. Dashboard

Displays an overview of prospecting. All of your Tasks displayed in summary. Then a snapshot of your billing cycle and fulfillment. Below that is an overview of your Disposition Summary in a bar graph format.
  1. CRM

Keep track of your pipeline, make notes, logs, and tasks. Also, Follow Up dates keep your follow ups in check. Finally, at the bottom of the page there is a Disposition Summary in a bar graph format.
  1. Click to Call (coming soon)

Click to call contacts streamlines your prospecting and follow up. 
  1. PhoneBurner Integration (coming soon)

Send your records to PhoneBurner with the click of a button. Also, automatically starts a power dialing dialing session. 
  1. Postcard/Direct Mail  (coming soon)

Simplify your Postcard and Direct Mail by setting up templates and proofs inside InheritedDataPRO. Also, you can place your order from the IDPRO Application.
  1. Go High Level (coming soon)

Sync your InheritedData Records with you Go High Level Account. Any productivity in IDPRO or GLH will automatically sync between the two applications give you the combined power of IDPRO and GLH.
  1. APi (coming soon)

IDPRO's APi is available to all subscribers simplifying data sync between IDPRO and your favorite application. 
  1. Download Center

IDPRO's Download Center gives client's the ability to download their InheritedData in different formats. Choose between your Basic List, Stacked, and PhoneBurner. The Stacked and PhoneBurner list provide the Relatives in a "Stacked" format. Stacked format means that the Relatives are Stacked vertically giving the user the ability to upload their InheritedData in a single upload to the preferred platform. While the Basic List has the Relatives in one row or 5 separate columns, one for each Relative (up to five).

 Coaching & Training Suite

InheritedDataPRO Subscribers have access to our complete training and coaching suite. InheritedData Subscriber's receive free Coaching & Training Suite. The Suite includes video tutorials and documentation inside InheritedDataPRO, as well as, live training for individuals or teams online via Zoom. 

Structure

InheritedData operates a subscription-based business model centered on providing exclusive, real-time data on recently inherited properties across the United States. Their primary clientele includes real estate investors, agents, brokers, and wholesalers seeking early access to motivated seller leads.

Business Model Overview

  1. Proprietary Data Acquisition 

InheritedData sources unpublished “private placement” data, which is not available through public records. This data is collected within 24–48 hours after an individual’s passing, offering clients a 3–6 month lead time before properties enter the public probate process.
  1. Subscription-Based Access

Clients subscribe to access this exclusive data through the InheritedDataPRO application. The platform allows users to filter records by county, Metropolitan Statistical Area (MSA), or Combined Statistical Area (CSA). Each property record is unique to the subscriber, ensuring zero competition on leads
  1. Comprehensive Support Services

Subscribers receive additional benefits, including personalized coaching, technical support, and training resources, to maximize the utility of the data and enhance their real estate strategies
  1. Significant Advantage 

This model provides clients with a significant advantage in the real estate market by granting early access to inherited property leads, thereby streamlining the acquisition process and reducing competition.

InheritedData – Business Model Schema

  1. Customer Segments

    1. Real estate investors
    2. Real Estate Agents and Brokers
    1. Wholesalers
    2. Probate Specialists
  1. Value Propositions

  1. Exclusive, real-time inherited property leads before they enter probate
  2. Zero competition: leads are unique to each subscriber
  3. Verified contact information via skip tracing
  4. 3–6 month head start before properties go public
  5. Ongoing training, coaching, and support
  1. Channels

    1. InheritedDataPRO online platform
    2. Email marketing and webinars
    3. Industry partnerships and referrals
    4. Direct outreach and demos
  1. Customer Relationships
  1. Personalized onboarding
  2. Dedicated success coaching
  3. Ongoing support and training materials
  4. Community-building through events or group
  1. Key Resources

  1. Proprietary data collection system
  2. Software platform (InheritedDataPRO)
  3. Data science and engineering teams
  4. Customer success and training staff
  1. Key Activities

  1. Data acquisition and verification
  2. Platform maintenance and development
  3. Customer onboarding and support
  4. Marketing and lead generation
  5. Compliance with data privacy and Government Estate laws
  1. Key Partnerships
  1. Data providers and skip tracing services
  2. Real estate investor associations
  3. Local Government and Government Administration
  4. Tech infrastructure providers (cloud, CRM, etc.)
  1. Cost Structure

  1. Data acquisition and processing
  2. Software development and maintenance
  3. Customer support and sales staff
  4. Marketing and advertising
  5. Legal and compliance costs

Best Practices

InheritedData Best Practices

Business
InheritedData is a turn-key Business.
Goal
InheritedData's Goal
The primary goal of InheritedData is to provide the Best Data for Real Estate Professionals as possible. 
System & Process
 
       



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