Executive Summary
The business for which I created my VBA tool (Auction
Information Tool) is a real estate business which attempts to buy foreclosed
properties at Utah auctions. There are 4
or 5 law firms which specialize in these foreclosure auctions. Each law firm posts information on a separate
site. Information is updated daily so it is important to go through the sites
daily if you do not want to miss potential deals. Usually it takes about 30 to 45 minutes to
comb through the sites to get a good sense of what is going on in the market.
This tool pulls the data from the sites into one excel document, saving
considerable time. The tool also allows you to quickly search on Zillow for a “Market Estimate” of the house so
that you can get a sense of how good of a deal the property might be. From
there the analyst must do additional research.
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