How Empty Retail Space is Impacting Real Estate

REAL ESTATE EXPRESS | March 20, 2019 | 77 views

Twice a month we search every corner of the web for the most relevant current events in the world of real estate. Our aim is to educate, entertain and provide insight into industry specifics. You’re probably aware that Kmart and Sears stores are seriously in trouble. Decades of subpar performance and intense competition from online shopping opportunities has pushed Sears Corporation to file for chapter 11 bankruptcy. The question of what will happen to all that real estate remains unanswered, with such large properties appealing to a variety of buyers. This article highlights the facts and implications of the current situation surrounding Kmart and Sears, explaining their ripple effect through different real estate markets.

Spotlight

The Agency RE

The Agency is a full-service, luxury real estate brokerage and lifestyle company representing clients worldwide in a broad spectrum of classes, including residential, new development, resort real estate, residential leasing and luxury vacation rentals.

OTHER ARTICLES
REAL ESTATE TECHNOLOGY

TOP TECH TRENDS TRANSFORMING THE REAL ESTATE INDUSTRY

Article | July 21, 2022

Real estate mobile apps and agent websites are becoming more and more popular as a means of searching for the right property, so those who are professionally engaged in this field and planning to expand their business should, in the first place, understand the market and look out for the latest real estate mobile app tech trends. Such awareness will allow you to make informed decisions embarking thus on the journey of lasting business promotion and development.

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REAL ESTATE TECHNOLOGY

Why Company Culture Matters in Commercial Real Estate

Article | July 25, 2022

The pursuit of exceptional people in today’s competitive commercial real estate market is a challenging proposition. DFW has a wealth of talent who could work at any number of prestigious real estate firms. So, what sets one global commercial firm apart from the next? How do we attract and keep the best in the industry to better serve our clients?

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REAL ESTATE ADVICE

What’s the Best Type of Commercial Real Estate Property for Investors

Article | June 7, 2022

Thinking about investing in commercial real estate? It can certainly be a lucrative venture. For those unfamiliar, this type of property is generally defined as land or buildings that are intended to generate a profit in some way. More specifically, commercial real estate is divided into subcategories. There are four main types, including multifamily, office, industrial, and retail. Which type is correct for you? It really depends. Each comes with its own set of pros and cons.

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8 Ways to Vet a CPA for Your Real Estate Investing Business

Article | February 10, 2020

Even though it may sound like a simple undertaking, vetting a good certified public accountant for your real estate investing business takes a lot of research and effort. The best certified public accountant (CPA) advice for investors usually comes from one who either invests themselves in real estate (RE) or has many clients who do. These types of CPAs may also hold certified financial planning (CFP) certifications. Although most CPAs are knowledgeable about taxes in general and can sometimes assist investors in getting the most tax advantages for their real estate investments, CPAs who invest in RE themselves do have a great advantage in firsthand knowledge of investing.

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Spotlight

The Agency RE

The Agency is a full-service, luxury real estate brokerage and lifestyle company representing clients worldwide in a broad spectrum of classes, including residential, new development, resort real estate, residential leasing and luxury vacation rentals.

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REAL ESTATE TECHNOLOGY, INVESTMENTS

ATTOM launches user friendly on-demand data solution - Property Navigator

PRnewswire | March 24, 2023

ATTOM, a leading curator of land, property, and real estate data, has announced the launch of Property Navigator, an easy-to-use solution offering instant nationwide access with a wide array of search capabilities and detailed property information for residential and commercial properties. Property Navigator offers quick access to property information, market analysis, comparables, and more for over 155 million properties nationwide. The solution serves real estate agents, investors, appraisers, and enterprise organizations. Customers can get started with Property Navigator in minutes and access over 300 data points and presentation-ready property reports. With the solution, customers save time and make informed data-driven decisions. "As our data footprint continues to expand, so do our data solutions, in order to meet the challenges and opportunities in today's market, while continuing our mission of increasing real estate transparency," said Todd Teta, chief technology and product officer at ATTOM. "Our Property Navigator solution offers convenient access to our vast data warehouse, providing valuable insights for today's market challenges and opportunities while increasing real estate transparency." Our scaled plans and pricing selection lets you choose the best option that is right for you and your business. All plans come with full access to nationwide property & comparable data with powerful search and filtering capabilities. With Property Navigator: Search and find properties with a variety of criteria – occupancy, equity, default status, lender, etc. Map search by neighborhood, school district, or custom-drawn areas for micro-accuracy. Access ownership information along with contact details and phone numbers. Find off-market and distressed properties. Download presentation ready property reports with detailed list exports. Determine property value based on multiple AVMs and other analytical tools. Property Navigator supports a range of industries, whether researching a particular property or multiple properties that fit certain conditions, in an all-in-one easy-to-use subscription, featuring an array of details that help real estate professionals, brokerages, investors, appraisers, and more gain that competitive edge. About ATTOM ATTOM provides premium property data to power products that improve transparency, innovation, efficiency and disruption in a data-driven economy. ATTOM multi-sources property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, and neighborhood data for more than 155 million U.S. residential and commercial properties covering 99 percent of the nation's population. A rigorous data management process involving more than 20 steps validates, standardizes, and enhances the real estate data collected by ATTOM, assigning each property record with a persistent, unique ID — the ATTOM ID. The 30TB ATTOM Data Warehouse fuels innovation in many industries including mortgage, real estate, insurance, marketing, government and more through flexible data delivery solutions that include bulk file licenses, property data APIs, real estate market trends, property navigator and more. Also, introducing our newest innovative solution, that offers immediate access and streamlines data management – ATTOM Cloud.

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MARKET OUTLOOK, REAL ESTATE TECHNOLOGY

Evocalize Partners with Side to Power Digital Marketing Campaigns for Top Boutique Real Estate Companies

PRnewswire | March 23, 2023

Evocalize, the industry-leading technology that powers many of the largest, most effective cross-channel digital marketing solutions, is excited to announce its partnership with Side, the industry's only real estate brokerage platform that empowers top-producing agents, teams and indies to create and grow their own business. Together, Evocalize and Side are drastically improving the way real estate agents approach local digital marketing on Google, Facebook, and Instagram by allowing the most sophisticated lead generation programs to be launched with push-button ease. The partnership allows Side to offer its network of market-leading boutiques a powerful new tool for reaching and engaging their target audiences. Side's Digital Campaign Builder, powered by Evocalize technology, will leverage full MLS integration to provide highly-targeted, data-driven campaigns that reach consumers at the most opportune times and in the most relevant locations. Users can easily designate the program they want to launch, in which geographic area, and how much they want to spend. Once a campaign is approved, the technology will automatically optimize spend across Google, Facebook, Instagram and TikTok, displaying their ads on the channels most likely to drive engagement and quality leads. Evocalize's technology supports businesses across industries, including residential and commercial real estate, mortgage, insurance, senior living, financial services, restaurants, franchises, travel and more. Its Collaborative Marketing Platform with EVOLVE artificial intelligence layer is designed to help national brands and technology platforms, like Side, take the complexity out of local digital advertising for themselves and their distributed users. The platform uses real-time data for automation and machine learning algorithms to optimize performance across multiple ad platforms, ensuring that ads are seen by the right people, in the right place, at the right time. "We are excited to be partnering with Side, a company with a strong track record of empowering the most successful agents and teams in the industry. The common goal of both of our companies is to empower local agents and operators with the tools they need to grow their business," said Evocalize CEO, Matthew Marx. "Together, we are making it easier than ever for agents in the Side community to achieve their local marketing goals using the most sophisticated, data-driven techniques in just a few clicks." The partnership between Evocalize and Side is a game-changer for agents and teams looking to invest in local digital advertising and stand out in their local markets. With Side's expertise and Evocalize's innovative technology, boutique companies in Side's network can now reach their growth targets more effectively and efficiently than ever before. About Evocalize Evocalize's Collaborative Marketing Platform is used by multi-location brands, technology platforms (like CRMs), and online marketplaces to equip their locations, agents, and users at scale with sophisticated, push-button easy digital marketing that drives real business results and revenue. Evocalize is a partner in Facebook's Real Estate Top Provider Initiative and is a recipient of HousingWire's Tech100 awards in both Real Estate and Mortgage. Evocalize's technology supports businesses across industries, including real estate, mortgage, insurance, financial services, restaurants, franchises, travel, and more. Over 1,500,000+ sophisticated digital marketing programs have been run using Evocalize technology, generating millions of leads, and leading to thousands of transactions to date. Evocalize is backed by Madrona Venture Group, Move, Inc., Second Century Ventures and Habanero Ventures. For more information, visit evocalize.com. About Side Side is the only brokerage platform that exclusively partners with top-performing agents, teams and independent brokerages to create and grow their own boutique brands without the cost, time or risk of operating a brokerage. Side's proprietary technology platform and premier support solutions empower its agent partners to be more productive, grow their businesses and focus on serving their clients. Side is headquartered in San Francisco. For more information, visit side.com.

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REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT

Qualia Launches Atlas, the Ultimate Enterprise Solution for Connected Real Estate Transactions

PRweb | March 21, 2023

Qualia, the leading digital real estate closing platform, today announced the launch of Qualia Atlas, a revolutionary new addition to their cloud-based title, escrow, and closing solutions. Atlas, which combines title and escrow production and vendor management along with client and homebuyer connectivity, is built with newly developed advanced configurability and automations to manage the unique complexity of national enterprise operations. “We originally launched Qualia almost 10 years ago with the belief that a modern technology infrastructure could fundamentally transform homebuying into a simple, secure, and enjoyable experience for everyone involved,” said Nate Baker, Qualia’s Co-founder and CEO. “Atlas is the culmination of several years of development to provide a unified closing platform for enterprise title companies.” Atlas includes a suite of newly released enterprise-critical functionality and services: Data access via an enhanced API for integration with internal systems such as CRM, analytics, and accounting tools Order opening automations to assist teams with high transaction volumes Privacy and permissioning controls for multi-branch or agency operations Sophisticated tasking capabilities to support centralized operations functions A suite of anti fraud tools In addition, Atlas provides companies with a standardized integration layer that is easy to manage across all transaction parties, eliminating the need for rigid custom-built integrations. This integration layer enables title companies to efficiently partner with their lenders, real estate agents, vendors, consumers, and underwriters. These integrations automate title & escrow companies’ workflows and the dependent workflows for their transaction partners. By providing enterprise-critical functionality and a standardized integration layer, Atlas enables the "connected transaction." This groundbreaking technology streamlines real estate closings from end-to-end for all parties involved in the transaction. About Qualia Qualia is the leading comprehensive digital closing platform used by title, escrow, real estate and mortgage lending professionals to transform home buying and selling into simple, secure, enjoyable experiences for millions of homeowners each year. The Qualia platform provides a secure system of record for the real estate settlement ecosystem through a suite of workflow, accounting, reporting, and collaboration products as well as its expansive product and service integrations. Qualia is headquartered in San Francisco, CA and has offices in Austin, TX, and Superior, CO. For more information on Qualia, visit http://www.qualia.com. Contact: Matt Kaufman, press@qualia.com

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REAL ESTATE TECHNOLOGY, INVESTMENTS

ATTOM launches user friendly on-demand data solution - Property Navigator

PRnewswire | March 24, 2023

ATTOM, a leading curator of land, property, and real estate data, has announced the launch of Property Navigator, an easy-to-use solution offering instant nationwide access with a wide array of search capabilities and detailed property information for residential and commercial properties. Property Navigator offers quick access to property information, market analysis, comparables, and more for over 155 million properties nationwide. The solution serves real estate agents, investors, appraisers, and enterprise organizations. Customers can get started with Property Navigator in minutes and access over 300 data points and presentation-ready property reports. With the solution, customers save time and make informed data-driven decisions. "As our data footprint continues to expand, so do our data solutions, in order to meet the challenges and opportunities in today's market, while continuing our mission of increasing real estate transparency," said Todd Teta, chief technology and product officer at ATTOM. "Our Property Navigator solution offers convenient access to our vast data warehouse, providing valuable insights for today's market challenges and opportunities while increasing real estate transparency." Our scaled plans and pricing selection lets you choose the best option that is right for you and your business. All plans come with full access to nationwide property & comparable data with powerful search and filtering capabilities. With Property Navigator: Search and find properties with a variety of criteria – occupancy, equity, default status, lender, etc. Map search by neighborhood, school district, or custom-drawn areas for micro-accuracy. Access ownership information along with contact details and phone numbers. Find off-market and distressed properties. Download presentation ready property reports with detailed list exports. Determine property value based on multiple AVMs and other analytical tools. Property Navigator supports a range of industries, whether researching a particular property or multiple properties that fit certain conditions, in an all-in-one easy-to-use subscription, featuring an array of details that help real estate professionals, brokerages, investors, appraisers, and more gain that competitive edge. About ATTOM ATTOM provides premium property data to power products that improve transparency, innovation, efficiency and disruption in a data-driven economy. ATTOM multi-sources property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, and neighborhood data for more than 155 million U.S. residential and commercial properties covering 99 percent of the nation's population. A rigorous data management process involving more than 20 steps validates, standardizes, and enhances the real estate data collected by ATTOM, assigning each property record with a persistent, unique ID — the ATTOM ID. The 30TB ATTOM Data Warehouse fuels innovation in many industries including mortgage, real estate, insurance, marketing, government and more through flexible data delivery solutions that include bulk file licenses, property data APIs, real estate market trends, property navigator and more. Also, introducing our newest innovative solution, that offers immediate access and streamlines data management – ATTOM Cloud.

Read More

MARKET OUTLOOK, REAL ESTATE TECHNOLOGY

Evocalize Partners with Side to Power Digital Marketing Campaigns for Top Boutique Real Estate Companies

PRnewswire | March 23, 2023

Evocalize, the industry-leading technology that powers many of the largest, most effective cross-channel digital marketing solutions, is excited to announce its partnership with Side, the industry's only real estate brokerage platform that empowers top-producing agents, teams and indies to create and grow their own business. Together, Evocalize and Side are drastically improving the way real estate agents approach local digital marketing on Google, Facebook, and Instagram by allowing the most sophisticated lead generation programs to be launched with push-button ease. The partnership allows Side to offer its network of market-leading boutiques a powerful new tool for reaching and engaging their target audiences. Side's Digital Campaign Builder, powered by Evocalize technology, will leverage full MLS integration to provide highly-targeted, data-driven campaigns that reach consumers at the most opportune times and in the most relevant locations. Users can easily designate the program they want to launch, in which geographic area, and how much they want to spend. Once a campaign is approved, the technology will automatically optimize spend across Google, Facebook, Instagram and TikTok, displaying their ads on the channels most likely to drive engagement and quality leads. Evocalize's technology supports businesses across industries, including residential and commercial real estate, mortgage, insurance, senior living, financial services, restaurants, franchises, travel and more. Its Collaborative Marketing Platform with EVOLVE artificial intelligence layer is designed to help national brands and technology platforms, like Side, take the complexity out of local digital advertising for themselves and their distributed users. The platform uses real-time data for automation and machine learning algorithms to optimize performance across multiple ad platforms, ensuring that ads are seen by the right people, in the right place, at the right time. "We are excited to be partnering with Side, a company with a strong track record of empowering the most successful agents and teams in the industry. The common goal of both of our companies is to empower local agents and operators with the tools they need to grow their business," said Evocalize CEO, Matthew Marx. "Together, we are making it easier than ever for agents in the Side community to achieve their local marketing goals using the most sophisticated, data-driven techniques in just a few clicks." The partnership between Evocalize and Side is a game-changer for agents and teams looking to invest in local digital advertising and stand out in their local markets. With Side's expertise and Evocalize's innovative technology, boutique companies in Side's network can now reach their growth targets more effectively and efficiently than ever before. About Evocalize Evocalize's Collaborative Marketing Platform is used by multi-location brands, technology platforms (like CRMs), and online marketplaces to equip their locations, agents, and users at scale with sophisticated, push-button easy digital marketing that drives real business results and revenue. Evocalize is a partner in Facebook's Real Estate Top Provider Initiative and is a recipient of HousingWire's Tech100 awards in both Real Estate and Mortgage. Evocalize's technology supports businesses across industries, including real estate, mortgage, insurance, financial services, restaurants, franchises, travel, and more. Over 1,500,000+ sophisticated digital marketing programs have been run using Evocalize technology, generating millions of leads, and leading to thousands of transactions to date. Evocalize is backed by Madrona Venture Group, Move, Inc., Second Century Ventures and Habanero Ventures. For more information, visit evocalize.com. About Side Side is the only brokerage platform that exclusively partners with top-performing agents, teams and independent brokerages to create and grow their own boutique brands without the cost, time or risk of operating a brokerage. Side's proprietary technology platform and premier support solutions empower its agent partners to be more productive, grow their businesses and focus on serving their clients. Side is headquartered in San Francisco. For more information, visit side.com.

Read More

REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT

Qualia Launches Atlas, the Ultimate Enterprise Solution for Connected Real Estate Transactions

PRweb | March 21, 2023

Qualia, the leading digital real estate closing platform, today announced the launch of Qualia Atlas, a revolutionary new addition to their cloud-based title, escrow, and closing solutions. Atlas, which combines title and escrow production and vendor management along with client and homebuyer connectivity, is built with newly developed advanced configurability and automations to manage the unique complexity of national enterprise operations. “We originally launched Qualia almost 10 years ago with the belief that a modern technology infrastructure could fundamentally transform homebuying into a simple, secure, and enjoyable experience for everyone involved,” said Nate Baker, Qualia’s Co-founder and CEO. “Atlas is the culmination of several years of development to provide a unified closing platform for enterprise title companies.” Atlas includes a suite of newly released enterprise-critical functionality and services: Data access via an enhanced API for integration with internal systems such as CRM, analytics, and accounting tools Order opening automations to assist teams with high transaction volumes Privacy and permissioning controls for multi-branch or agency operations Sophisticated tasking capabilities to support centralized operations functions A suite of anti fraud tools In addition, Atlas provides companies with a standardized integration layer that is easy to manage across all transaction parties, eliminating the need for rigid custom-built integrations. This integration layer enables title companies to efficiently partner with their lenders, real estate agents, vendors, consumers, and underwriters. These integrations automate title & escrow companies’ workflows and the dependent workflows for their transaction partners. By providing enterprise-critical functionality and a standardized integration layer, Atlas enables the "connected transaction." This groundbreaking technology streamlines real estate closings from end-to-end for all parties involved in the transaction. About Qualia Qualia is the leading comprehensive digital closing platform used by title, escrow, real estate and mortgage lending professionals to transform home buying and selling into simple, secure, enjoyable experiences for millions of homeowners each year. The Qualia platform provides a secure system of record for the real estate settlement ecosystem through a suite of workflow, accounting, reporting, and collaboration products as well as its expansive product and service integrations. Qualia is headquartered in San Francisco, CA and has offices in Austin, TX, and Superior, CO. For more information on Qualia, visit http://www.qualia.com. Contact: Matt Kaufman, press@qualia.com

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