Process · Investors, lenders, brokers
Screening an incoming OMFrom about 2 hours by hand to about 30 to 40 minutes of engine time and about 12 minutes of your check.
Estimate. This process has no clock of its own yet. A test on five incoming OMs, three ways, is running and will replace it.
Вручную
about 2 hours
EstimatePer OM, read and checked against the record.
With Реалист
about 30 to 40 minutes + 12 minutes
EstimateEngine time, then your check of the questions.
Шаг за шагом
What changes at each step
- 01
Read the OM
Вручную An analyst reads the memorandum and keeps a list of its claims.
With Реалист The OM is read in full and each claim is listed.
- 02
Check it against the record
Вручную Rents, taxes, loan, sales history and permits are looked up one by one.
With Реалист Each claim is set against the property record, with the record’s date. Where they disagree, both are shown.
- 03
Decide whether it is worth the team’s time
Вручную A short call, made on what could be checked in the hour.
With Реалист A passport and a light value opinion come back with the claims that do not hold.
- 04
Ask the broker
Вручную Questions are written after the read, often a day later.
With Реалист The questions to put to the broker are drafted from the gaps. Your team edits and sends them.
What closes it: Light screening: a property passport and a value opinion.
Three numbers
The process, the lever and the result that matters
The process
about 2 h → 30 to 40 min
EstimatePer OM. Hours by hand are an estimate; engine time is an estimate until the test on five OMs is in.
The lever
the same-day question
EstimateThe broker has the questions the day the OM arrives, not the week after.
The top metric
no OM left unread
EstimateEvery incoming OM gets a first read, so the queue for a deal is joined earlier.
Same object, two ways
The same building, two ways
A real package, open to read: one building, started from the address alone. It is the record half of a screening, the property passport and the value opinion that an incoming OM is set against. The figures in an OM belong to its sender, so no OM is shown here; how well the engine ties an OM out is what the test on five OMs measures.
Вручную
- Look up the rents, the taxes, the loan and the sales history one by one
- Collect and filter the comparable sales
- Reach a value and write the reasoning
- Write the questions for the broker after the read
With Реалист
Sample package · файлов: 13
The Drake
1512 Spruce Street, Philadelphia
$49.2M opinion of value for 286 apartments and the theatre unit, range $47.5M to $51.0M
- квартиры
- 286
- за квартиру
- $172,028
- подразумеваемая ставка капитализации
- 6.30%
A Реалист run from the address on 21 October 2026. Not a client deal, and not an OM.
Your team
Your hours on this process
Type your own numbers. The result is your team’s time at your own rate, by hand and with the check of the output. It is not a quote.
- By hand, a month
- 60 hours · $4,500
- With the check of the output, a month
- 6 hours · $450
- Hours your team gets back
- 54 hours
2 hours by hand per OM is an estimate (note 1 below). The check share is an assumption. The cost per hour is yours; 75 is only an example. For a whole deal, the deal-hours calculator counts task by task.
How we know
Method and footnotes
- EstimateAbout 2 hours by hand per OM. A typical incoming OM read and checked by an analyst against the record. A rule of thumb, not a measurement of your team.
- EstimateAbout 30 to 40 minutes of engine time. Screening is a property passport and a light value opinion. The full value opinion has its own clock (about 45 minutes, median of 66 runs, 30 days to 18 October 2026), so the light one is expected to be shorter. This process has no clock of its own yet.
- ДопущениеAbout 12 minutes of your check. Your team’s check of the output: 10% of the hand hours. An assumption, editable in the calculator.
- To measureHuman with an AI assistant. Measured in a test on five incoming OMs, three ways: by hand, with an assistant, with Реалист. The answer key is written in advance. Results will be added here and on the results page.
- ПримерThe sample building. One real package from one run, not a median. It shows the record half of a screening; an OM tie-out is not shown because the figures of an OM belong to its sender.
Updated 30 October 2026. Every process, with its medians and the number of runs: Results and benchmarks.
Screening an incoming OM
This process, on every deal your team receives
Book a demo for your team. We map how this process runs today, set the engine to your assumptions, and agree what we measure first.
До 2 недель работы по почте на ваших собственных сделках, без входа в систему. Доступ для вашей команды открывается с пилотом на согласованных цифрах, не более 14 дней.
Реалист is not a broker, appraiser or law firm. Every output is a draft for a licensed professional to review and sign.