When you compare our platform to public assessment sites or basic aggregators, you may occasionally notice differences in sales prices, ownership names, or cap rates. These discrepancies exist because our data—powered by Real Capital Analytics (RCA)—undergoes a rigorous verification process that public records simply do not provide.
 

1. We Provide the "True Parent" Owner

Public records typically only list the LLC or the Title Holding Company (e.g., “Main Street Holdings, LLC”).

The Difference: Our research team "pierces the LLC" to identify the True Parent Entity (e.g., Blackstone, Prologis, or Brookfield). We map the chain of ownership so you know exactly who is behind the deal, not just the name on the tax bill.
 

2. Human-Verified vs. Raw Data

Public assessment sites are "unfiltered." If a county clerk makes a typo or a filing is incomplete, that error lives on the public site forever.

The Difference: Every deal in our system is cross-referenced using an average of three distinct sources, including:

• Direct contact with the Buyer, Seller, or Broker.
• Proprietary web-crawling of news and press releases.
• Title and debt filings.

The Result: If the public record is inaccurate or misspelled, RCA’s human researchers catch it and fix it.
 

3. Closing Price vs. Recorded Value

County records often reflect the taxable value or a partial transfer price, which can be significantly lower than the actual market transaction.

The Difference: We capture the contract price at the time of closing. Our Cap Rates are calculated based on the true net operating income at the point of sale, not a "marketing estimate" or an "asking price" from a listing brochure.
 

4. Eliminating the "Data Lag"

Public records can take weeks or even months to update after a sale.

The Difference: Because we maintain direct relationships with the top institutional investors and brokerages, we often confirm and update transaction data long before it appears on a county assessment page.
 

Summary

The Bottom Line: Public assessment pages are built for tax purposes. Our platform is built for investment-grade decision-making. When our data differs from a public site, it is usually because our researchers have verified a more accurate, "real-world" figure through direct industry sources.

Should you have continued questions, please contact the ApartmentIQ Support Team.