Underwrite a listing in AI Studio
Paste a listing in AI Studio and review a draft ARV, repair budget, and max offer before anything is saved.
Who it is for
This is for an investor or acquisitions lead who wants a first pass on a listing before it becomes a project. Free includes 2 property research reports a month. Solo includes 10. Team and Business have no monthly underwrite count, but a 10-minute burst limit and a monthly spend ceiling still apply.
The draft stays on this page until you click Accept into project. Discard throws it away. The pipeline, the analyzer, and the comps list do not change before that click.
Before you start
- You are signed in with a role that can run AI. A viewer sees Your role doesn't allow that action. Ask an owner or admin.
- You have a listing with an address, asking price, and condition notes, or you will use a sample.
- You still have an underwrite left this month. See check AI usage for the month.
- You have a free project slot if you plan to save the draft. Free includes 2 active projects.
Steps
Open AI Studio
Click AI Studio in the left sidebar. The page title is Underwrite a property. The line under it says to paste the listing, get an instant baseline while live comp research runs, then save only what you approve.
Paste the listing
In Listing input, the placeholder is Paste listing, Zillow description, or agent email…. Paste a listing, a Zillow or Redfin description, or an agent email. Include the street, city, state, asking price, beds, baths, square feet, and condition.
Try a sample if you want
Click Sample SFR to fill the box with 1842 Maple Ave, Columbus OH 43219, a 3 bed / 2 bath asking $329,000. Click Sample condo for 385 Centre St Unit 1, Dorchester MA 02122. You can edit the text before you run it.
Generate the underwrite
Click Generate underwrite. The button changes to Generating…, Cancel appears, and a timer counts minutes and seconds. Status moves from Reading listing · locking address… to AI property research · live web search (often 1-3 min)…. Keep the page open. Live research often takes 1 to 3 minutes.
Read the instant baseline
An Instant baseline card appears at once. The note reads Instant baseline - full property research running…. It shows Suggested ARV, Purchase (ask), Repair budget, 70% max offer, Max purchase (all-in), and Projected profit when an ARV is present, plus a confidence percent. This pass is on-device rules and does not spend the monthly count.
Read the finished AI draft
The title changes to AI draft. The pill can read Rules, CMA fast, or AI full. Property research lists CMA ARV (after repair), Zestimate / as-is, sold comps, and References, plus Risk flags. On a CMA fast path, Deepen with AI narrative is a second pass. ↻ Refresh CMA counts as another underwrite.
Approve or throw the draft away
Click Discard if the numbers are not usable. Click Accept into project when you would defend the ARV, repairs, and offer. That creates the project, imports comps with the top 3 selected, and opens Flip Analyzer. See save an approved AI draft as a project.
What the fields mean
Suggested ARV is the after-repair value in the draft. Purchase (ask) is the listing price, not an offer you made. Repair budget is a suggested rehab allowance. 70% max offer is ARV times 0.70 minus repairs. Max purchase (all-in) still fits the rest of the math. Projected profit is what remains.
CMA ARV (after repair) is the research point estimate. It is not forced down to the cheapest sale. Zestimate / as-is is a current-value signal. Risk flags are warnings, not project edits. The confidence percent measures how complete the evidence is.
Tips and troubleshooting
- If the box is empty, the page says Paste a listing, MLS notes, or deal brief first.
- Cancel can leave Cancelled - your instant baseline is still below. When the run has stopped, the note can read Instant baseline - free on-device rules, no AI budget spent.
- A slow connection can say Browser timed out - recovering finished underwrite from the server… or Connection timed out while AI researched comps. Check AI history; the run often still finished.
- When Free has used both reports, Generate underwrite shows Monthly underwrite quota reached on Free (2 / month). Resets a date, then Upgrade to Team for unlimited underwrites and photo scope. The shared catalog line is This month's free AI quota is used up (2 property research reports / 2 photo repair lists). Upgrade to Solo for more.
- A burst can show AI rate limit reached on Free (10 requests / 10 min). The spend ceiling is This workspace hit its monthly AI spend limit. Upgrade for a higher budget, or wait until next month. A locked tool uses That AI feature needs a higher plan. Upgrade to unlock it.
What to do next
Compare the baseline with the finished comps in watch the baseline, then refresh comps. After the project exists, check profit in run the flip analyzer. Owners can reopen the run in open AI query history.
Next step
Continue with Draft a scope from photos.