REOS Software Book a demo

Don't guess. Underwrite.

REOS reads a broker's listing and gives you the real acreage, the zoning, the utilities and a grade before anyone else has finished reading the email.

The email 1 / 6

Great opportunity! 85 usable acres in unincorporated Walton County. Flat, open ground with no water to speak of and nothing in the flood zone. Ready to subdivide, and big enough for a real neighborhood. Motivated seller. Bring offers.

66.6
buildable acres of the 85 listed, once stream buffers, floodplain and wetlands come out
16
water features on the tract, with 15.45 ac inside Walton's 75 ft stream buffers
11.67
acres in FEMA flood zone A, plus 2.91 ac of wetlands. They overlap, so 18.4 ac (21.6%) is constrained in all.
AG
agricultural zoning, so a subdivision needs a rezoning first
105
lots, sold as finished lots
20.4%
net margin on the lot sales, $2.68M net profit
A89 out of 10031% IRR and a 2.18x equity multiple over a 35-month hold.
Net buildable66.6 ac
Stream buffers15.45 ac
Floodplain11.67 ac
ZoningAG · rezone
Finished lots105
Net margin20.4%

Assembled from public record

Fifteen days of assembly, done in ten minutes.

Same deal, same diligence. REOS pulls everything a land underwrite needs from the public sources your team already uses, and puts the answer in front of you.

  • 01County GIS & parcel fabric
  • 02Assessor & ownership records
  • 03Published water & sewer layers
  • 04FEMA flood hazard
  • 05USGS elevation & contours
  • 06USDA soils
  • 07Municipal zoning ordinance
  • 08Recorded plats
STANDARD UNDERWRITING15–21 daysplus $3–8K to an engineer
  • Pull parcel and zoning from county portals
  • Email the water authority, wait, follow up
  • Wait ten days for the engineer's yield sketch
  • Rebuild the pro forma in a spreadsheet
On REOS10 minutesno third-party spend to get to a number
  • Parcel, ownership, and zoning resolve on paste
  • Utilities routed and priced, gravity verified
  • Code-compliant yield returned in minutes
  • Exits and supported land value, side by side

Who it's for

Made for the way you buy land

Pick one to see how REOS fits your work.

REOS for land developers

Know the sitework before you're committed.

A lift station, an unbalanced cut, a buffer measured from the wrong line. All of it can be known before you sign, and none of it is in the listing.

  • → Net buildable acreage, measured against real elevation
  • → Gravity-versus-pump verdict with the connection priced
  • → Finished-lot sale against vertical build on the same dirt, where the answer can be a $952K loss one way and $5.32M the other
REOS site analysis of an 85-acre tract in Walton County: 66.6 net buildable acres after 75-foot stream buffers, FEMA floodplain and wetlands take out 18.4 acres
Stream buffers, floodplain and wetlands on an 85-acre tract in Walton County. Map © Mapbox © OpenStreetMap © Maxar.
REOS for homebuilder land teams

Every contract and every lot on one screen.

REOS holds the schedule, the units, and the obligations for every contract in the book, so the land team works from one system instead of a spreadsheet, a dozen browser tabs and somebody's memory.

  • → Raw pipeline next to stage-weighted pipeline: $294M of intent, $73.4M you'd actually forecast
  • → Lot counts rolled up by stage, county and grade, so you can see where you're concentrated before it becomes a problem
  • → Pipeline and portfolio exposure across the book
REOS pipeline board with sample deals grouped by stage: leads, due diligence, under contract, closed and dead, with acreage, lots, grade and IRR on each card
Sample deals grouped by stage, with acreage and lot counts
REOS for brokers

Bring a listing that survives diligence.

Every builder will tell you their buy box. What they actually close on is often different. REOS tracks every builder you work with, so when a new listing comes in, the call list is already there.

  • → A new listing scored against the whole builder list, so the first five calls are the right five
  • → Test the site against the criteria builders in your market actually close on
  • → Your whole book by county, stage and grade
Published builder criteria compared against closed-transaction patterns
Published criteria compared against closed-transaction patterns
REOS for investors

Check the sponsor's numbers against public records.

REOS works out every exit the parcel supports from public records, so you have your own numbers to hold the sponsor's deck against.

  • → Every exit side by side, with profit, multiple, IRR and hold time, so you can see which one the model picked
  • → Lot yield recomputed from the zoning ordinance, and the sewer connection priced from published invert elevations
  • → Supported land value against the contract price
REOS deal summary for an 85-acre tract in Walton County: the grade, margin and supported land value beside the elevation heat map

What REOS checks

Nine things that kill land deals.

All nine are in public records before you sign. Most of them don't get checked.

Utilities

Gravity or pump

Whether the site can actually drain to the main by gravity, checked against invert elevations instead of guessed from distance.

County water & sewer authority
Utilities

Routed distance to main

Measured along the right-of-way and across the parcels you'd need easements from, instead of a straight line on a map.

Published utility GIS
Utilities

Lift station all-in cost

Station cost, yearly operating cost, collection pipe and force main. Most pro formas leave this line out.

Modeled from station scale
Site

Net buildable acreage

Gross acreage less stream buffers, floodplain, wetlands, and unbuildable slope, clipped to the actual boundary.

FEMA · USGS · county buffers
Site

Slope and cut/fill

Where the grade fights you, and whether earthwork balances on site or you're paying to haul.

USGS elevation
Site

Stream buffers

Undisturbed and impervious setbacks per the local ordinance, which differ by jurisdiction and quietly remove lots.

Municipal ordinance
Entitlement

Yield at code

The lot count the ordinance actually allows at minimum width and area, which is often lower than the listing's.

Zoning ordinance
Entitlement

Impact and tap fees

Per-lot fees that vary by jurisdiction and can move a deal by five figures a lot.

Jurisdiction fee schedule
Deal

Supported land value

What the site supports given real yield and real sitework, set against what's being asked for it.

Derived from the above

Sourcing

Find the land nobody assembled.

Ask in plain English for touching parcels under one owner. A single search across Fulton County comes back with hundreds of same-owner groups, the kind of assemblage a builder's land team rarely pieces together by hand, so you're less likely to be bidding against anyone.

reos / tractai / criteria search
TractAI search for same-owner land of 15 to 50 acres in Fulton County, with company-owned assemblages listed beside the map
Fulton County · same owner · 15–50 acres. Map © OpenStreetMap contributors.

Portfolio

Deal risks, flagged for you.

Earnest money going hard in five days, a deal under contract with the site analysis unfinished, due diligence running late. REOS raises these from the state of each deal, so nobody has to remember to write them down, and clears them once they're handled.

reos / portfolio / notes
Portfolio notes grouped by category with severity
$89,000 of earnest money across four deals in due diligence

Free tools

Run the first pass on your own numbers.

Four free calculators for the questions every land deal starts with. No sign-up, and nothing you type leaves your browser.

Free tool

Land basis calculator

The most you can pay for the land, worked back from the home price, your build and site costs and your margin.

How much should a builder pay for land?
Free tool

Lot yield calculator

How many lots fit once floodplain, buffers, easements, streets and ponds come out of the gross acres.

How many lots per acre?
Free tool

Rezoning timeline checker

Every hearing and notice deadline from your filing date, with the notice rules for Georgia, the Carolinas, Alabama and Tennessee.

How long does rezoning take?
Free tool

Build-to-rent yield calculator

Yield on cost, the spread over the cap rate, what the community is worth and what that leaves for the land.

The build-to-rent pro forma, line by line

Bring a parcel. Leave with the number.

In thirty minutes, watch REOS underwrite a deal you're actually working on.