Property underwriting
Create a property record, run a step-by-step underwriting workflow, and keep everything tied to the deal—photos, comps, notes, and reports.
Built around repeatability: photos → risk → renovation → comps → offer → report.
From listing → decision, fast
Everything stays attached to the deal: photos, comps, notes, and reports.
Import from any URL
Paste a Zillow link and we'll pull the listing data and photos automatically.
Photos auto-organized
AI sorts photos by room automatically. Drag to reorder, set a primary photo for reports and sharing.
Run the workflow
Work step-by-step: photo organization, risk checks, quality assessment, renovation estimate, comps, offer guidance, and reports.
A repeatable underwriting workflow
Re-run steps as needed, make edits, and keep a clear history.
Photo sorting
AI groups photos by room. Drag-and-drop to reassign, merge rooms, and set a primary photo for reports.
Risk assessment
Track findings with severity levels. Toggle what you're carrying, add notes, and maintain a risk reserve.
Quality assessment
Get condition scoring for the overall property and individual rooms. Know exactly what you're buying.
Renovation estimate
Generate a draft scope with itemized estimates and a total budget estimate you can use in offer math.
Comps (CMA)
Pull comps automatically, adjust for differences, add or remove manually. Keep comparables saved with the deal.
Offer compute
Tune assumptions, compute a recommended offer and max offer, and rerun as conditions change.
Everything in one place
A property library that grows with you. Search, filter, and organize your deals however you work best.
Map view
See all your properties on a national map. Click pins to preview details, scan multiple markets at once.
Grid & list views
Switch between views based on your workflow. Grid for visual scanning, list for detailed comparisons.
Branded reports
Add your logo, company name, and colors. Every report looks professional and represents your brand.
Team collaboration
Invite teammates, assign roles, and share visibility into properties, runs, and reports.
A repeatable loop for every deal
Screen fast, share with a lender or partner, send an offer for signature, and keep everything organized in one place.
Screen deals fast
Go from listing to a clear first-pass decision quickly—then go deeper only when it's worth it.
Share with lenders or partners
Send a PDF packet or read-only link so everyone sees the same assumptions and comps.
Send the offer for signature
Generate an offer letter from your analysis and send a signing link—no copy/paste.
Keep everything organized
Photos, notes, comps, reports, and signed PDFs all stay attached to the deal for future reference.
Track deals through your pipeline (coming soon)
Deal flow workspace, contact timelines, and outreach are in limited rollout and marked coming soon for broader access.
Deal pipeline (coming soon)
Early-access deal flow tools for tracking status through your acquisition lifecycle in one view.
Contacts & agents
Keep listing agents and key contacts tied to each deal. No more digging through emails.
Tags & collections
Organize properties with tags and collections. Filter your library however you work best.
Communication history (coming soon)
Planned threaded conversations and outreach history for follow-up tracking.
Reports and signing are built in
Generate a report packet, send an offer letter for signature, and keep every document tied to the same deal.
Report packet
Generate shareable PDFs for each deal (investment report, comps packet, contractor scope) with optional account branding.
Offer letters + signing
Generate an offer letter, send a signing link, and keep signed PDFs attached to the deal.
Share links
Share a read-only link to your report packet with partners, lenders, or your team.
Teams + roles
Invite teammates and manage access with roles (owner/admin/member).
Outreach (testing)
SMS/email outreach is in limited rollout with early users and marked coming soon for broader release.
Share lender-ready documents
These are the kinds of deliverables you can generate and share—so you don’t have to rebuild the same packet every time.
Underwriting report packet
A clean PDF packet you can send to a lender, partner, or your team.
Offer letter
Generate an offer letter from your assumptions and keep it tied to the deal.
Signing + signed PDF
Send a signing link and store the signed result so it’s always easy to find.
Underwriting questions
What does the underwriting workflow include?
A step-by-step workflow you can re-run: photo organization, risk assessment, renovation estimate, comps (CMA), offer guidance, and a report packet — with offer letters and signing as an optional follow-on step.
How fast is underwriting?
Many investors can go from listing to a shareable first-pass packet in minutes. Deeper diligence depends on the deal, but Parcel keeps your work organized so you don't have to start over.
Can I adjust assumptions?
Yes. Edit rent, rehab budget, financing, reserves, and other assumptions, then re-run and compare without losing your progress.
Can I share with partners or lenders?
Yes. Download PDFs or share a read-only link to your report packet. You can also generate an offer letter, send a signing link, and keep the signed PDF attached to the deal.
Can I import listings from Zillow?
Yes. Paste any Zillow link and we'll pull the listing data and photos automatically. No manual entry required.
Can I export a report?
Yes. Generate a downloadable PDF packet so you can share the analysis with partners, lenders, or your team.
Do you support offer letters and signing?
Yes. Generate an offer letter from your analysis, send a signing link, and keep signed PDFs attached to the deal.
Do you have outreach built in?
Outreach workflows (SMS/email) are in limited rollout with early users and are marked coming soon for broader access.
Ready to underwrite your next deal?
Start with a property record, add photos, and run a repeatable workflow that keeps everything organized.