Real Estate In Hyderabad

From being one of the well-known historical towns with some wonderful medieval architectural marvels to becoming the most up and coming cities in the country due to its popularity among various multi-national companies looking to set up an office in India, Hyderabad has come a long way.
With the rise of employment opportunities in the city, the options of residential housing are also taking a hike. One such hub of some residential colonies in Hyderabad is Gachibowli. The proximity to the New Outer Ring Road and various offices makes the area most popular among the working class looking to settle in Hyderabad. This not only makes the area perfect for buying your brand new home but also makes it a profitable investment with easy rental options.

Spotlight

Hudson's Bay Company

HBC is a holding company of investments and businesses at the intersection of technology, retail operations and real estate. It is the majority owner of iconic ecommerce companies: Saks, a leading online destination for luxury fashion, and Saks OFF 5TH, a premier luxury off-price ecommerce company offering top brands at the best prices. Both businesses were established as separate operating companies in 2021.

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Real Estate Technology

Why the Growing Number of Homes for Sale Is Good for Your Move Up

Article | July 12, 2022

Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The number of homes coming onto the market is increasing and that could make it easier for you to move up this summer. While this news has clear benefits for buyers who are craving more options for their home search, what does that mean for current homeowners like you? It gives you two distinct opportunities in today’s housing market. Opportunity 1: Take Advantage of More Options for Your Move Up If your current house no longer meets your needs or lacks the space and features you want, this gives you even more opportunity to sell and move up into the home of your dreams. As more options come to market, you’ll have more to choose from when you search for your next home. Partnering with a local real estate professional can help make sure you see these listings as soon as they come onto the market. And when you do find the one, that professional can advise you on how to write a winning offer to seal the deal. Opportunity 2: Sell Before You Have More Competition Just know that, in order to make sure your house shines above the rest, it may make sense to put your home up for sale before your neighbors do the same, creating more competition in your area. The increase in the number of homes being listed for sale is expected to continue, and a recent study from realtor.com says two-thirds of homeowners looking to sell say they’ll do so by August. A real estate professional can advise you on what you need to tackle to get your house ready to list so they can put that for sale sign up in your yard sooner rather than later. That’s because the process of getting a home ready to sell isn’t taking as long as you may think. As a result, you can capitalize on today’s sellers’ market and get ahead of the competition. Bottom Line If you’re a current homeowner looking to sell, let’s connect to begin the process. You have a unique opportunity to benefit from the additional homes being listed today and sell before your house has more competition.

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Real Estate Investment, Asset Management

Should Your Real Estate Client Sign An Appraisal Waiver?

Article | May 5, 2023

Real estate professionals sometimes have to answer a buyer’s questions about appraisal waivers. What are they? What do they mean? Is it a good or bad idea for the home loan applicant to sign one? If your client is applying for a home loan, signing an appraisal waiver does not mean that the home won’t be appraised. The lender will insist on an appraisal, to ensure that they’re not lending more money than they can expect to recover if they foreclose on the mortgage. An appraisal waiver is a document loan applicants sign to tell the lender that they’re waving their right to receive the appraisal report at least three days before the loan is consummated. In rare cases, a real estate professional might have to draft an appraisal waiver letter. In that case, the letter should include the name of the applicant, the address of the property, and, if applicable, the number of the loan application. It should state that the applicant knows about the right to receive the appraisal report at least three business days before the loan is consummated and that the applicant waives that right. At no time does the applicant waive the right to receive an appraisal report.

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Real Estate Investment, Asset Management

Enhance Asset Management Efficiencies with Data-driven Real Estate

Article | May 25, 2023

Explore the potential of data-driven real estate in optimizing asset management and revolutionizing strategies. Learn how advanced technology is changing the future of real estate asset management. Contents 1. Importance of Data-driven Decision Making in Asset Management 2. Overcoming Difficulties to become Data-driven Real Estate Business 2.1 Availability of Data and Connectivity 2.2 Implementation of a Structured and Agile Development Process 2.3 Accelerating Speed and Reducing Costs 3. Benefits of Data-driven Real Estate Asset Management 3.1 Increased Efficiency and Cost Savings 3.2 Improved Tenant Satisfaction and Retention 3.3 Better Risk Management and Decision-making 3.4 Increased asset value and profitability 4. Data-driven Asset Management Solutions 4.1 Property Management Solutions Providers 4.2 Digital Asset Management Solutions Providers 4.3 Project Portfolio Management Solutions Providers 5. Emerging Data-driven Asset Management Patterns 1. Importance of Data-driven Decision Making in Asset Management Real estate asset management is a complex and competitive industry, presenting challenges for asset managers and portfolio managers. Gathering and analyzing information provides valuable insights for data-driven decision making, impacting the success of real estate investments. Decision-making through insights allows real estate asset managers, as well as portfolio managers, to identify trends for the future of digital real estate asset management, make accurate predictions, and forecast future outcomes. For example, data analytics can provide insights related to occupancy rates, rent growth, and lease renewals, which further helps in strategic decision-making for the future. 2. Overcoming Difficulties to Become Data-driven Real Estate Business Corporate real estate asset management requires strategic planning and informed decision-making. Utilizing data-driven approaches, valuable insights into commercial property performance can be gained, leading to optimized operations, reduced costs, and increased profits. However, implementing a data-driven approach comes with its own set of challenges. Therefore, executives and managers in the real estate industry need to understand how to overcome these difficulties and successfully transform their businesses through data-driven operations. Key challenges the businesses must address include data availability, structured processes, and cost efficiency, all of which are essential for improving the effectiveness of asset management in the long run. 2.1 Availability of Data and Connectivity Reliable data availability is a significant challenge in data-driven decision-making for real estate businesses, as the data generated is often fragmented and siloed across different departments. To overcome this challenge, businesses must invest in technology cloud-based platforms, APIs, and data warehouses to enable seamless data integration and connectivity across the organization. In addition, organizations must consider implementing an integrated data management system to analyze data from multiple sources, providing the decision-makers with a comprehensive view of the organization's performance. 2.2 Implementation of a Structured and Agile Development Process For businesses adopting a data-driven methodology, implementing a structured and agile development process is a major challenge. A data-driven approach requires a planned data collection, analysis, and decision-making process. At the same time, the process needs to be adaptable to the changing market conditions and business requirements. To overcome this challenge, businesses must establish a formal process for data-driven decision-making, including clear roles and responsibilities, data governance policies, regular reporting and analysis. This can be achieved by leveraging agile methodologies, DevOps practices, and automation tools. 2.3 Accelerating Speed and Reducing Costs Speed and cost reduction are critical challenges for real estate businesses that operate in a highly-competitive market Data-driven decision-making is time-consuming and expensive, demanding executives and managers to invest in tools that can automate the data analysis and decision-making process. It includes implementing artificial intelligence and machine learning algorithms to rapidly process large amounts of data and provide real-time insights to facilitate informed decision-making. 3. Benefits of Data-driven Real Estate Asset Management Data-driven real estate asset management has the potential to revolutionize the way real estate businesses operate. Businesses will be able to unlock valuable insights to enhance overall operations and drive innovation by leveraging asset management tools and techniques. 3.1 Increased Efficiency and Cost Savings Data-driven commercial real estate asset management services offer businesses a powerful tool for increasing efficiency. Businesses must automate their manual processes and optimize workflows to increase productivity by leveraging real estate automation tools. It will save time, money and improve the overall quality of service provided to tenants, leading to higher tenant satisfaction rates. Additionally, data-driven decision-making help businesses identify areas to reduce unnecessary expenses, like energy consumption or maintenance costs. 3.2 Improved Tenant Satisfaction and Retention Real estate businesses understand tenants better and improve satisfaction as well as retention rates by managing assets using data-driven methods. By analyzing demographics, behavior, and preferences data, businesses can determine tenants' needs regarding property and make informed decisions to improve services and tailor offerings accordingly. In addition, it leads to higher satisfaction rates and helps companies to retain tenants, which is crucial for long-term success in the real estate industry. 3.3 Better Risk Management and Decision-making Real estate enterprises can make more informed decisions and better manage risks with data-driven asset management. Businesses must use real estate data analytics tools to examine property performance, identify potential opportunities and risks. It improves the accuracy and reliability of their decision-making process and helps mitigate risks more effectively. Furthermore, by incorporating predictive analytics in the real estate decision-making process, businesses can anticipate future trends and proactively take measures to address potential issues before they occur. 3.4 Increased Asset Value and Profitability Data-driven real estate asset management help businesses improve the value and profitability of assets. Business intelligence in real estate helps interpret property management data. In addition, businesses can identify areas for improvement, like cost savings or increasing rental rates. It can result in improved asset value, leading to higher profitability. Furthermore, by analyzing data on market trends of real estate asset management and tenant behavior, businesses can also identify potential areas for investment, leading to increased profitability in the long run. 4. Data-driven Asset Management Solutions Data-driven asset management solutions help real estate businesses manage assets more efficiently and effectively. With data analytics, businesses will be able to streamline their operations, make better-informed decisions, and increase asset value. Ultimately, it will result in overcoming the difficulties in managing the assets and improving the portfolio performance. With the help of advanced technology and automation tools, one can stay ahead of the curve in the highly competitive market and achieve business objectives effectively. 4.1 Property Management Solutions Providers TenantCloud TenantCloud is a cloud-based property management solution provider that offers comprehensive tools and features for real estate businesses to manage their assets efficiently. Its property management software enables real estate executives and asset managers to automate their workflow, increase efficiency, and reduce costs by centralizing and streamlining their property management processes. Its platform provides real-time visibility into property performance, tenant behavior, and rental income, allowing businesses to make data-driven decisions and identify opportunities for growth. Its online portal also allows tenants to submit maintenance requests, pay rent online, and communicate with property managers seamlessly. London Computer Systems London Computer Systems (LCS) is a leading real estate asset management service provider established in 1987. Its flagship product, Rent Manager, is a Property Management Software that offers a comprehensive solution for property management, including integrated accounting, contact management, work orders, and marketing solutions. LCS offers Net Dial Tone VoIP telephone systems, enterprise-level hosting solutions, network design and support services, and custom website development. With its customer-focused approach and advanced technology, The company streamlines operations by eliminating the need for multiple programs and driving innovation in the real estate industry. DoorLoop DoorLoop is a cloud-based property management software that specializes in real estate software, commercial real estate PMS, and residential property management software. Its solutions offer a range of features, including lease management, rent collection, maintenance requests, accounting, and reporting. With DoorLoop, managers and executives in real estate businesses can easily manage their properties and tenants from a single platform, improving efficiency and streamlining processes. Guesty Guesty is an end-to-end property management solution provider that offers a comprehensive platform for managing short-term rental properties. Its features include multi-calendar management, automated messaging, dynamic pricing, guest communication, and channel management. With Guesty's intuitive and user-friendly dashboard, real estate businesses can easily manage their properties anywhere. Its innovative solutions help businesses stay ahead of the competition, enhance their efficiency, and drive growth in the real estate industry. 4.2 Digital Asset Management Solutions Providers Canto Canto is one of the leading digital asset management solution providers for visual communications to help real estate companies of all sizes. Established in 1990, Canto is one of the digital asset management industry pioneers. 2,500+ customers leverage Canto’s software to organize, find and share videos and images that helps to work faster and build a brand in this evolving digital ecosystem of real estate businesses. Bynder Bynder is a digital asset management solution provider that is a centralized platform for managing all marketing and creative assets. Its features include asset organization and categorization, asset distribution and sharing, digital rights management, and analytics. Its solution enables real estate businesses to streamline their asset management workflows, collaborate more efficiently, as well as reduce the time and resources required to manage their digital assets. Bynder also integrates with other software tools, such as Adobe Creative Cloud, WordPress, and Salesforce, allowing seamless workflow integration. Aprimo Aprimo is a marketing operations platform provider that offers digital asset management, marketing resource management, and campaign management solutions. Businesses will be able to streamline marketing process workflows using the centralized platform. Aprimo's features include digital asset management, workflow automation, project management, budget tracking, and marketing performance analytics. With the company’s centralized platform, real estate businesses can optimize their marketing operations and drive innovation. The platform also enables businesses to collaborate on projects and measure the impact of marketing campaigns, leading to increased efficiency. 4.3 Project Portfolio Management Solutions Providers ClickUp ClickUp is an all-in-one productivity platform that offers a wide range of features, including task management, time tracking, calendars, and project reporting. Enterprises utilize the platform for creating Gantt charts, and tasks, tracking time, and reporting to stay on top of their projects and meet deadlines. The company enables effective project portfolio management, playing a crucial role in real estate asset management by helping businesses streamline their operations, optimize resources, reduce costs, mitigate risks, and drive innovation. Organizations can leverage this solution to ensure the effective delivery of projects, maintain alignment with strategic objectives, and ultimately achieve better outcomes for their real estate assets. Saviom Software Saviom Software provides futuristic resource management and workforce planning solutions that help real estate businesses optimize project portfolio resources, schedules, and budgets. Its solution offers features such as capacity planning, project scheduling, forecasting, and resource allocation, which are crucial for effective real estate asset and project portfolio management. It benefits real estate industry professionals by providing extensive features to improve project delivery times, resource utilization, and cost management. In addition, it enables real estate organizations to enhance team collaboration, automate manual processes, and reduce administrative burdens, leading to greater efficiency and profitability. Octalsoft Octalsoft is a project portfolio management solution provider that offers a comprehensive suite of tools to manage real estate assets efficiently. Its features include project planning, resource management, budgeting, and risk analysis. In addition, its project and portfolio management solution offers robust reporting and analytics capabilities, providing insights into project performance and identifying areas for improvement. By streamlining project management processes, Octalsoft's project and portfolio management solution drives innovation by allowing real estate asset management companies to focus on high-value activities and drive better outcomes. 5. Emerging Data-driven Asset Management Patterns Data-driven asset management is essential in the real estate industry, allowing businesses to optimize efficiency, improve tenant satisfaction, manage risks, and increase asset value and profitability. The emerging data-driven asset management patterns discussed showcase how businesses can leverage technology and data analytics to drive innovation. The variety of solutions offered by project portfolio management, property management, and digital asset management solution providers enable real estate businesses to streamline processes, increase collaboration, and make data-driven decisions. Investing in these solutions will help real estate businesses to remain competitive and achieve long-term success.

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8 Steps to Find (& Stick With) the Right Real Estate Investing Strategy for You

Article | April 26, 2020

Search online for real estate investment strategies, and you’ll be overwhelmed with the information overload that hits you. Self-proclaimed experts, gurus, and never before heard of writers (because everyone has a book these days) keep posting hordes of stuff regarding where you should focus your efforts and what you should put your money into. Read a few of these sources, and you’ll see that most of the stuff is the same. It’s very unusual to find ideas that are starkly different online. Head to the store and buy books on investment strategies. Though definitely not to-the-point and instead highly detailed, once you finish reading, you will find yourself at the same spot you were before. Countless case studies, multiple options, a lot of theory, and no practical application! Don’t fret. My article today isn’t going to give you 10 more real estate investment strategies.

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Spotlight

Hudson's Bay Company

HBC is a holding company of investments and businesses at the intersection of technology, retail operations and real estate. It is the majority owner of iconic ecommerce companies: Saks, a leading online destination for luxury fashion, and Saks OFF 5TH, a premier luxury off-price ecommerce company offering top brands at the best prices. Both businesses were established as separate operating companies in 2021.

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Market Outlook, Real Estate Investment

JPAR® - Real Estate Announces Acquisition of JPAR Modern Living in McAllen, Texas

PRweb | July 14, 2023

JPAR® - Real Estate, a leading real estate brokerage company, announced today the acquisition of JPAR Modern Living, a franchise affiliate located in McAllen, Texas. The acquisition represents a significant milestone in JPAR® - Real Estate, Texas’ expansion strategy. JPAR Modern Living, led by the esteemed Anna Hammad, has a stellar reputation as a trusted real estate brokerage renowned for its commitment to excellence, exceptional service, and cultivating long-term client relationships. The acquisition represents a powerful alliance, combining JPAR® - Real Estate’s corporate resources, the incredible platform built by Anna Hammad, and the tremendous growth opportunity and strategic significance of the McAllen and Rio Grande Valley markets. "The potential that the McAllen market holds is remarkable, and we view this acquisition as a catalyst for JPAR® - Real Estate’s accelerated growth in this region,” says Chris Sears, President, JPAR® - Real Estate, Texas. "Anna Hammad has built an impressive franchise over the last four years, and by bringing JPAR® - Real Estate’s corporate resources to bear on this market, we can unlock unparalleled opportunities for JPAR’s expansion.” JPAR® - Real Estate and JPAR Modern Living will benefit significantly from this acquisition. JPAR will look to establish a dedicated market leader, empowering the leader to spearhead agent recruitment, development, and retention efforts. The office will also leverage the company’s robust recruiting infrastructure, successfully recruiting over 900 agents last year. Aligned with the recently developed recruiting initiative focused on Spanish-speaking agents, JPAR® - Real Estate is also focused on lead-generation efforts for the Hispanic market. These initiatives will bolster agent diversity and better serve the community’s needs. “We are committed to providing our agents with support and opportunities for growth,” says Anna Hammad, Owner, JPAR Modern Living. “With a dedicated market leader, our agents will receive increased access to the same comprehensive training programs and mentorship that have propelled our company-owned locations to great success.” This acquisition perfectly aligns with JPAR® - Real Estate’s long-term growth strategy, which revolves around establishing a strong presence in attractive markets and empowering agents. With its robust population of nearly 900,000, the McAllen market presents immense potential. Agents joining JPAR® - Real Estate will benefit from the company’s industry-leading 100% commission model and extensive support, equipping them with the tools and choices needed to build their businesses successfully. About JPAR® Real Estate JPAR® - Real Estate is a full-service real estate brand and franchise platform offering a highly competitive transaction fee-based model and agent-centric culture. The JPAR® platform provides agents seven (7) days-per-week support, a comprehensive tech stack, marketing, lead generation, training, and mentoring. JPAR® affiliated owners benefit from compliance review, 1-on-1 consulting, recruiting support, and a peer network of influential industry leaders. The company boasts 4,000 agents operating in 65 offices across 25 states and closes $7.8B annually in sales volume.

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Real Estate Technology, Real Estate Investment

United Real Estate Announces Second Strategic North Alabama Expansion

PRweb | June 30, 2023

United® Real Estate (United) announced its second expansion in Huntsville, Alabama today, solidifying its position in the top three residential brokerages in the local market. United’s Leading Edge Real Estate Group, which joined United’s national network in 2022, and Huntsville-based Revolved Realty have merged operations. The combined companies and their 300 agents will operate as Leading Edge Real Estate Group. Revolved Realty co-founder, Tim Knox joins the team as President to advance the long-term success of the combined operations and will remain the managing broker of two former Revolved Realty offices in Huntsville. No role changes are planned for Leading Edge Real Estate Group’s founders, Danny and Charlene Sullivan. Agents will gain additional new tools, training and resources deployed through United’s Bullseye™ Cloud proprietary productivity platform. "The merger of these two great local brokerages, combined with the backing of our national partner United Real Estate, offers limitless opportunities for buyers and sellers across north Alabama and southern Tennessee. And for the thousands of REALTORS® who call this area home, our commitment to helping agents build long-term, legacy businesses has never been greater," stated Tim Knox and Chelsea McKinney, founders of Revolved Realty. "That's the banner we will carry as we go forth and expand our market share here and eventually statewide." In today’s market, brokerages have a tremendous opportunity to join forces for long-term competitive advantage. “Tim and his team bring new energy into the company. Together, we have great synergy and focus and can leverage each person’s expertise to accomplish goals that previously seemed insurmountable. The services and tools we’ll bring to our service footprint will be huge for our market and for the agents. Together, we are now the third-largest in unit sales in our marketplace, and our combined strengths are a catalyst for continued growth,” commented Danny & Charlene Sullivan, founders of Leading Edge Real Estate Group. Over the last decade, the real estate industry has shifted from commission-split brokerage models to transaction-fee models. New-generation models that entered the market have shown growth, while legacy models have reported declines in agent count, sales volume and unit sales. COVID-19 magnified those trends. According to a data-backed study examining brokerage profitability by real estate tech strategist Mike DelPrete, United was one of two national brokerages to be profitable in Q1 2023. As brokerages move further into the new real estate market, change and innovation will become imperative for survival. In hindsight, we will look back and realize 2023 was the turning point for both legacy and new-generation models. “Danny, Tim, Charlene, Chelsea and their respective employees and agents are creating forward momentum. What’s very exciting is that we have a carefully crafted strategic plan to navigate their agents successfully into the future. Today’s real estate landscape is vastly different than just five years ago, and these entrepreneurs are leveraging their unique talents and United Real Estate’s national resources to great advantage for their company and agents,” stated Rick Haase, President of United Real Estate. About United Real Estate United Real Estate (United) – a division of United Real Estate Group – was founded with the purpose of offering solutions to real estate brokers and agents in the rapidly changing real estate brokerage industry. United provides the latest training, marketing and technology tools to agents and brokers under a flat-fee, transaction-based agent commission model. By leveraging the company’s proprietary cloud-based Bullseye™ Agent & Broker Productivity Platform, United delivers a more profitable outcome for agents and brokers. United Real Estate operates in 33 states with 148 offices and 18,500 agents. The company produced over 77,900 transactions and $27.9 billion in sales volume in 2022. About Leading Edge Real Estate Group Founded in 2013 by Danny and Charlene Sullivan, Leading Edge Real Estate Group’s mission is “Leading the way, using cutting-edge technology to sell your home quickly and effectively while having fun in the process.” The company is committed to professionalism and quality and serves the real estate needs of clients throughout North Alabama. About Revolved Realty Founded in 2018 by Tim Knox and Chelsea McKinney, Revolved Realty was built on the premise that buying or selling a home is more than just a transaction: it’s a life-changing experience. Their team of highly-seasoned real estate professionals is dedicated to providing exceptional, personalized service for all clients throughout North Alabama. A champion of relationships, Revolved Realty agents work relentlessly on the client’s behalf to achieve their real estate goals.

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Real Estate Technology, Real Estate Investment

EasyKnock Acquires Leading Homebuying Solution Ribbon Home

Businesswire | May 09, 2023

EasyKnock, the first technology-enabled residential sale-leaseback platform, today announced its acquisition of Ribbon, a pioneer of powerbuying and cash offer solutions. The transaction is a major milestone for the real estate industry, bringing together homebuying, homeselling, and agent solutions into one unified and simplified experience. “We are thrilled to bring Ribbon and EasyKnock’s cutting edge financial products together under one roof to provide more options and a competitive advantage to consumers and industry partners nation-wide,” said Jarred Kessler, CEO and co-founder of EasyKnock. “This marks the beginning of a new wave of innovation in the real estate sector, the advent of PropTech 3.0. By combining these product suites and offering solutions for every stop along the homeownership journey, we are better positioned to responsibly empower more families with the financial flexibility and control they need to achieve their goals.” In bringing the teams together, EasyKnock is accelerating the development of its marketplace planned to launch later this year; a new, more fulsome suite of products and services that will offer consumers alternative ways to buy and sell, finance new homes, and utilize their equity in one place. Recognizing that a new way is needed, the marketplace will benefit everyday Americans with convenience, cost savings, and the competitive edge afforded by the combination of multiple services, positively impacting not only existing and prospective homeowners, but the industry altogether. “Making homeownership achievable has been Ribbon’s mission and guiding light since its inception. EasyKnock and Ribbon share a vision of enhancing consumer choice in the industry, facilitating its success and enabling a more simplified buying and selling experience.” said Shaival Shah, CEO and co-founder of Ribbon. “We are thrilled to come together with EasyKnock and their pioneering sale-leaseback offering to provide solutions to more and more people. Combined with Ribbon’s award-winning homebuying solutions and network of 90,000 agents and lenders, we are motivated to empower consumers across the country.” Both EasyKnock and Ribbon have forged strong partnerships in residential real estate by using best-in–class technology that connects consumers with loan officers, real estate agents, and other participants in the homebuying and home selling experience. Following the acquisition, the EasyKnock and Ribbon teams will work with strategic partners to bring their expanded product suite to key markets with an eye towards national expansion. Goodwin Proctor, a global law firm, acted as legal advisor and Temple View Capital, a Bethesda, Maryland-based business purpose lender, provided financing on the transaction. Terms were not disclosed. About EasyKnock EasyKnock is the first-to-market, technology-enabled residential sale-leaseback company in the U.S. Through innovative and accessible solutions, American homeowners who sell their property to EasyKnock can remain in their homes as renters while still getting the cash they need to pursue their financial goals. Headquartered in New York City and founded in 2016, EasyKnock has team members nationwide working to help homeowners unlock their financial freedom through non-loan programs so they can pay off debts, buy their dream home, fund a venture, and more - all while maintaining the ability to stay in their homes and communities. For more information, please visit www.easyknock.com. About Ribbon Founded in 2017 in New York and Charlotte, Ribbon is on a mission to make homeownership achievable. Ribbon allows everyday families to compete on a level playing field with high-net-worth individuals and institutional buyers by upgrading their offers to winning RibbonCash Offers. As the leading real estate technology platform, Ribbon empowers agents, brokerages, and lenders to create a world-class experience for homebuyers and sellers through powerful financial products and digital workflow software.

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Market Outlook, Real Estate Investment

JPAR® - Real Estate Announces Acquisition of JPAR Modern Living in McAllen, Texas

PRweb | July 14, 2023

JPAR® - Real Estate, a leading real estate brokerage company, announced today the acquisition of JPAR Modern Living, a franchise affiliate located in McAllen, Texas. The acquisition represents a significant milestone in JPAR® - Real Estate, Texas’ expansion strategy. JPAR Modern Living, led by the esteemed Anna Hammad, has a stellar reputation as a trusted real estate brokerage renowned for its commitment to excellence, exceptional service, and cultivating long-term client relationships. The acquisition represents a powerful alliance, combining JPAR® - Real Estate’s corporate resources, the incredible platform built by Anna Hammad, and the tremendous growth opportunity and strategic significance of the McAllen and Rio Grande Valley markets. "The potential that the McAllen market holds is remarkable, and we view this acquisition as a catalyst for JPAR® - Real Estate’s accelerated growth in this region,” says Chris Sears, President, JPAR® - Real Estate, Texas. "Anna Hammad has built an impressive franchise over the last four years, and by bringing JPAR® - Real Estate’s corporate resources to bear on this market, we can unlock unparalleled opportunities for JPAR’s expansion.” JPAR® - Real Estate and JPAR Modern Living will benefit significantly from this acquisition. JPAR will look to establish a dedicated market leader, empowering the leader to spearhead agent recruitment, development, and retention efforts. The office will also leverage the company’s robust recruiting infrastructure, successfully recruiting over 900 agents last year. Aligned with the recently developed recruiting initiative focused on Spanish-speaking agents, JPAR® - Real Estate is also focused on lead-generation efforts for the Hispanic market. These initiatives will bolster agent diversity and better serve the community’s needs. “We are committed to providing our agents with support and opportunities for growth,” says Anna Hammad, Owner, JPAR Modern Living. “With a dedicated market leader, our agents will receive increased access to the same comprehensive training programs and mentorship that have propelled our company-owned locations to great success.” This acquisition perfectly aligns with JPAR® - Real Estate’s long-term growth strategy, which revolves around establishing a strong presence in attractive markets and empowering agents. With its robust population of nearly 900,000, the McAllen market presents immense potential. Agents joining JPAR® - Real Estate will benefit from the company’s industry-leading 100% commission model and extensive support, equipping them with the tools and choices needed to build their businesses successfully. About JPAR® Real Estate JPAR® - Real Estate is a full-service real estate brand and franchise platform offering a highly competitive transaction fee-based model and agent-centric culture. The JPAR® platform provides agents seven (7) days-per-week support, a comprehensive tech stack, marketing, lead generation, training, and mentoring. JPAR® affiliated owners benefit from compliance review, 1-on-1 consulting, recruiting support, and a peer network of influential industry leaders. The company boasts 4,000 agents operating in 65 offices across 25 states and closes $7.8B annually in sales volume.

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Real Estate Technology, Real Estate Investment

United Real Estate Announces Second Strategic North Alabama Expansion

PRweb | June 30, 2023

United® Real Estate (United) announced its second expansion in Huntsville, Alabama today, solidifying its position in the top three residential brokerages in the local market. United’s Leading Edge Real Estate Group, which joined United’s national network in 2022, and Huntsville-based Revolved Realty have merged operations. The combined companies and their 300 agents will operate as Leading Edge Real Estate Group. Revolved Realty co-founder, Tim Knox joins the team as President to advance the long-term success of the combined operations and will remain the managing broker of two former Revolved Realty offices in Huntsville. No role changes are planned for Leading Edge Real Estate Group’s founders, Danny and Charlene Sullivan. Agents will gain additional new tools, training and resources deployed through United’s Bullseye™ Cloud proprietary productivity platform. "The merger of these two great local brokerages, combined with the backing of our national partner United Real Estate, offers limitless opportunities for buyers and sellers across north Alabama and southern Tennessee. And for the thousands of REALTORS® who call this area home, our commitment to helping agents build long-term, legacy businesses has never been greater," stated Tim Knox and Chelsea McKinney, founders of Revolved Realty. "That's the banner we will carry as we go forth and expand our market share here and eventually statewide." In today’s market, brokerages have a tremendous opportunity to join forces for long-term competitive advantage. “Tim and his team bring new energy into the company. Together, we have great synergy and focus and can leverage each person’s expertise to accomplish goals that previously seemed insurmountable. The services and tools we’ll bring to our service footprint will be huge for our market and for the agents. Together, we are now the third-largest in unit sales in our marketplace, and our combined strengths are a catalyst for continued growth,” commented Danny & Charlene Sullivan, founders of Leading Edge Real Estate Group. Over the last decade, the real estate industry has shifted from commission-split brokerage models to transaction-fee models. New-generation models that entered the market have shown growth, while legacy models have reported declines in agent count, sales volume and unit sales. COVID-19 magnified those trends. According to a data-backed study examining brokerage profitability by real estate tech strategist Mike DelPrete, United was one of two national brokerages to be profitable in Q1 2023. As brokerages move further into the new real estate market, change and innovation will become imperative for survival. In hindsight, we will look back and realize 2023 was the turning point for both legacy and new-generation models. “Danny, Tim, Charlene, Chelsea and their respective employees and agents are creating forward momentum. What’s very exciting is that we have a carefully crafted strategic plan to navigate their agents successfully into the future. Today’s real estate landscape is vastly different than just five years ago, and these entrepreneurs are leveraging their unique talents and United Real Estate’s national resources to great advantage for their company and agents,” stated Rick Haase, President of United Real Estate. About United Real Estate United Real Estate (United) – a division of United Real Estate Group – was founded with the purpose of offering solutions to real estate brokers and agents in the rapidly changing real estate brokerage industry. United provides the latest training, marketing and technology tools to agents and brokers under a flat-fee, transaction-based agent commission model. By leveraging the company’s proprietary cloud-based Bullseye™ Agent & Broker Productivity Platform, United delivers a more profitable outcome for agents and brokers. United Real Estate operates in 33 states with 148 offices and 18,500 agents. The company produced over 77,900 transactions and $27.9 billion in sales volume in 2022. About Leading Edge Real Estate Group Founded in 2013 by Danny and Charlene Sullivan, Leading Edge Real Estate Group’s mission is “Leading the way, using cutting-edge technology to sell your home quickly and effectively while having fun in the process.” The company is committed to professionalism and quality and serves the real estate needs of clients throughout North Alabama. About Revolved Realty Founded in 2018 by Tim Knox and Chelsea McKinney, Revolved Realty was built on the premise that buying or selling a home is more than just a transaction: it’s a life-changing experience. Their team of highly-seasoned real estate professionals is dedicated to providing exceptional, personalized service for all clients throughout North Alabama. A champion of relationships, Revolved Realty agents work relentlessly on the client’s behalf to achieve their real estate goals.

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Real Estate Technology, Real Estate Investment

EasyKnock Acquires Leading Homebuying Solution Ribbon Home

Businesswire | May 09, 2023

EasyKnock, the first technology-enabled residential sale-leaseback platform, today announced its acquisition of Ribbon, a pioneer of powerbuying and cash offer solutions. The transaction is a major milestone for the real estate industry, bringing together homebuying, homeselling, and agent solutions into one unified and simplified experience. “We are thrilled to bring Ribbon and EasyKnock’s cutting edge financial products together under one roof to provide more options and a competitive advantage to consumers and industry partners nation-wide,” said Jarred Kessler, CEO and co-founder of EasyKnock. “This marks the beginning of a new wave of innovation in the real estate sector, the advent of PropTech 3.0. By combining these product suites and offering solutions for every stop along the homeownership journey, we are better positioned to responsibly empower more families with the financial flexibility and control they need to achieve their goals.” In bringing the teams together, EasyKnock is accelerating the development of its marketplace planned to launch later this year; a new, more fulsome suite of products and services that will offer consumers alternative ways to buy and sell, finance new homes, and utilize their equity in one place. Recognizing that a new way is needed, the marketplace will benefit everyday Americans with convenience, cost savings, and the competitive edge afforded by the combination of multiple services, positively impacting not only existing and prospective homeowners, but the industry altogether. “Making homeownership achievable has been Ribbon’s mission and guiding light since its inception. EasyKnock and Ribbon share a vision of enhancing consumer choice in the industry, facilitating its success and enabling a more simplified buying and selling experience.” said Shaival Shah, CEO and co-founder of Ribbon. “We are thrilled to come together with EasyKnock and their pioneering sale-leaseback offering to provide solutions to more and more people. Combined with Ribbon’s award-winning homebuying solutions and network of 90,000 agents and lenders, we are motivated to empower consumers across the country.” Both EasyKnock and Ribbon have forged strong partnerships in residential real estate by using best-in–class technology that connects consumers with loan officers, real estate agents, and other participants in the homebuying and home selling experience. Following the acquisition, the EasyKnock and Ribbon teams will work with strategic partners to bring their expanded product suite to key markets with an eye towards national expansion. Goodwin Proctor, a global law firm, acted as legal advisor and Temple View Capital, a Bethesda, Maryland-based business purpose lender, provided financing on the transaction. Terms were not disclosed. About EasyKnock EasyKnock is the first-to-market, technology-enabled residential sale-leaseback company in the U.S. Through innovative and accessible solutions, American homeowners who sell their property to EasyKnock can remain in their homes as renters while still getting the cash they need to pursue their financial goals. Headquartered in New York City and founded in 2016, EasyKnock has team members nationwide working to help homeowners unlock their financial freedom through non-loan programs so they can pay off debts, buy their dream home, fund a venture, and more - all while maintaining the ability to stay in their homes and communities. For more information, please visit www.easyknock.com. About Ribbon Founded in 2017 in New York and Charlotte, Ribbon is on a mission to make homeownership achievable. Ribbon allows everyday families to compete on a level playing field with high-net-worth individuals and institutional buyers by upgrading their offers to winning RibbonCash Offers. As the leading real estate technology platform, Ribbon empowers agents, brokerages, and lenders to create a world-class experience for homebuyers and sellers through powerful financial products and digital workflow software.

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