In July 2025, PropStream acquired BatchLeads and BatchDialer. That means every “PropStream vs BatchLeads” article ranking on Google right now was written before the companies became subsidiaries of the same parent.
The comparison still matters. The products are still separate, the pricing is still separate, and your subscription dollars still go to different logins. But the competitive dynamic that kept both companies honest? Gone.
The short version: PropStream wins on data depth and built-in comps. BatchLeads wins on skip tracing cost and dialing workflow. Privy isn’t in the same category — it’s a comps and investor activity tool for on-market deals, not a lead-pulling machine. Most investors are using the wrong tool for how they actually work.
What the PropStream-BatchLeads Merger Actually Changes
On July 1, 2025, Stewart Information Services — PropStream’s parent company — acquired BatchLeads and BatchDialer. Both products kept their branding, their separate logins, and their separate subscription tiers. As of early 2026, you still buy them independently.
But a few things changed immediately.
First, pricing power consolidated. BatchLeads was the main competitor keeping PropStream from raising its skip-trace fees. That pressure is now internal.
Second, integration is underway. PropStream has signaled that BatchDialer functionality will eventually roll into the PropStream platform — likely within 12 to 18 months.
The community noticed. A thread on r/WholesaleRealestate asked: “Is this going to change the game? Will PropStream be the one stop shop?” The consensus was cautious — existing subscribers are watching renewal terms closely.
Tool Comparison at a Glance
| Feature | PropStream | BatchLeads | Privy |
|---|---|---|---|
| Starting Price | $99/mo | $71/mo (Growth) | $47/mo (1 state) |
| Records | 160M+ | Not disclosed | MLS-sourced |
| Skip Tracing | $0.12/record extra | Included in all plans | None |
| Filters | 165+ | Solid, fewer than PS | N/A |
| List Stacking | No | Yes | No |
| Dialer | No (BatchDialer coming) | BatchDialer native | No |
| Comps Tool | Yes, built-in | No | Yes — investor-focused |
| Investor Activity Data | No | No | Yes |
| Best For | Data-heavy off-market research | Volume cold calling | On-market fix-and-flip |
PropStream: Still the Filter King, But Skip Tracing Will Cost You
PropStream’s core pitch is data breadth and filter depth. With 160M+ property records and 165+ filter options — pre-foreclosure, tax delinquency, equity %, absentee owners — you can build extremely targeted lists.
The rehab estimator and comp tool built in are legitimately useful. The real cost math: $99 base + $0.12/record skip trace. 10,000 skip traces = $1,200 extra monthly. A 2025 thread on r/WholesaleRealestate: “PropStream Skip tracing is sub standard.”
Best for: Investors who do deep data filtering before contacting anyone, skip tracing lightly.
BatchLeads Review 2026: The Cost Advantage That Matters Most
Plans: Growth $71/mo, Individual $99, Professional $209, Scale $449. Skip tracing included in all plans. For a volume wholesaler, this saves hundreds monthly vs PropStream’s $0.12/record model.
List stacking cross-references multiple motivated-seller lists to surface highest-probability leads. BatchDialer (now same parent as PropStream) integrates natively for the list pull → skip trace → dial pipeline.
Community: “Batch is clunky” — but for volume cold calling, the cost math wins. Annual contract holders should monitor renewal terms.
Best for: Volume wholesalers running cold-calling operations at scale.
PropStream vs Privy Comparison: A Different Tool Entirely
Privy is not a lead-pulling tool. No skip tracing. No dialer. You cannot use it to build lists of distressed off-market owners.
What it does: pulls live MLS data and layers investor activity analysis — which zip codes active investors are buying in, at what price, vs retail comps. Pricing: $47/mo (1 state), $79/mo (3 states). State-gated: 5+ states = $200-400/mo.
Community: “I use Privy, and I love it… since I wholesale on market, Privy is perfect.”
Best for: Fix-and-flip investors and on-market wholesalers needing comp confidence and investor activity data.
Best Real Estate Investor Prospecting Software 2026: Which Fits Your Workflow
Most investors overbuy. They pull 50,000 records and wonder why conversion is 0.02%. The tool isn’t the problem — the workflow is.
- Volume wholesalers: BatchLeads (skip tracing included, dialer native)
- Data-research-heavy investors: PropStream (165+ filters, built-in comps)
- Fix-and-flip / on-market: Privy only
- Running both PropStream + BatchLeads: You’re paying two subscriptions to the same parent. Expect consolidation pressure.
Our Take: This Merger Should Change How You Think About Vendor Risk
BatchLeads was the main competitor keeping PropStream honest on skip-trace pricing. That competitive floor is now gone. PropStream can raise fees at renewal without customers defecting to BatchLeads.
For investors on both platforms: the next 12 months of integration will tell you whether a combined product makes sense. Privy sits outside this entirely — unaffected, still the cleanest recommendation for on-market analysis.
Frequently Asked Questions
Is BatchLeads still an independent company?
No. Acquired by PropStream’s parent (Stewart Information Services) July 1, 2025. Still separate product and login, but integration underway as of early 2026.
Which has better skip tracing — PropStream or BatchLeads?
BatchLeads wins on cost: included in all plans vs PropStream’s $0.12/record extra. Community described PropStream’s skip tracing as “sub standard” in 2025.
Is Privy worth it for fix-and-flip investing?
Yes for on-market deal analysis and comp confidence. Not useful for off-market lead generation.
Can you use PropStream and BatchLeads together?
You can, but you’re paying two subscriptions to the same parent company. Evaluate whether the integration roadmap makes a combined product worth waiting for.
Which tool is better for beginners?
PropStream for learning data research. BatchLeads Growth ($71/mo with included skip tracing) if cold calling is your primary strategy from day one.
The Bottom Line
The real estate data industry just consolidated its two biggest players under one roof — the question is no longer which tool wins, it’s whether you’re locked into a vendor that just lost its main competitor.
See how AI property valuation tools for investors fit into your research stack, or our breakdown of short-term rental market analysis tools if you work in that segment.
