Underwriting desk
FlipScout Underwriting Methodology
How FlipScout measures MAO, Hard Reject, months of supply, and Verified comps — the rules behind free market rates.
FlipScout Underwriting Desk publishes nightly tape across 933 Goldmine ZIPs. This page documents measurement rules so Google and investors can audit what free hubs show versus Pro gates — without inventing MLS coverage we do not have.
Free: Bid Check — paste a listing, set exit + reno, get walk-away Bid $ · CLEARS · BID TARGET · WALK · MAO calculator. Pro $15/mo: streets in offer drafts + live Deal Architecture. Bid Check · MAO calculator · Methodology · Login · Pro $15
QDA defaults (Hard Reject at ask)
Max Allowable Offer back-solves so required net clears after rehab and friction. Public Hard Reject rates use these defaults unless Pro overrides on a deal:
- Required net — 12.0% of ARV
- Carry — 4 months × 0.7%/mo
- Slippage — 2.0%
- Buy / sell friction — 2.0% / 6.0%
Open Bid/Pass Tape MAO calculator Hard Reject glossary Pro $15
What FlipScout measures (and what it does not)
- Ask · Bid $ · Room · Verdict — free on Bid Tape and property sheets (CLEARS · BID TARGET · WALK).
- sold_6m — FlipScout DB sold comps in the last ~6 months for that ZIP. Not a full MLS count.
- Trusted MOS — Months of supply from sold density + active asks when sample trust rules pass.
- Hard Reject % — SEO rate taxonomy: share of Verified-with-ARV actives whose list is above MAO at QDA defaults. Bridge: Hard Reject ≈ WALK-heavy at ask on Bid Tape. Needs n≥3; otherwise withheld.
- Verified vs Modeled — Verified comps/ARV when available; Modeled when tape is thin. Modeled never invents Hard Reject rates.
- Goldmine ZIPs — Sold-density SEO index (typically sold_6m ≥ 12). Product primary = Bid Tape.
Publisher
Published by the FlipScout Underwriting Desk (Organization). Nightly zip_quant snapshots refresh MOS / Hard Reject aggregates. Live numbers only — no LLM market essays.
Bid/Pass Tape · Goldmine Atlas · Absorption regimes · Deal finder · Terms