REAL ESTATE TECHNOLOGY
Transactly | June 08, 2021
Transactly, a rapidly growing Real Estate Transaction Platform, has announced the acquisition of Moncord Real Estate Professional Services based in Bellevue, Washington. With this acquisition, Transactly further expands their national network of tech-enabled Transaction Coordinators -- already the largest in North America -- to include Moncord’s vast team of coordinators in the Pacific Northwest.
“We are excited to welcome Moncord into the Transactly family,” says Transactly founder and CEO Bryan Bowles. “Alex and Lisa Mont-Ros have built an incredible team of talented individuals at Moncord. This acquisition significantly increases Transactly’s ability to serve agents, teams, and brokerages in all key markets across the country.”
Moncord was founded by Alex and Lisa Mont-Ros, a husband and wife duo whose leadership in recent years has grown Moncord into the leading transaction coordination service in the Pacific Northwest, helping their clients close over $5 billion in transactions. “This is a natural next step for Moncord,” said Alex of the acquisition, “Our goal has always been to empower TCs so they can be their best, which enables real estate agents to focus on efficiency and growth. With Transactly’s ever-improving tech -- which truly stands alone in the industry -- our coordinators will continue to deliver the level of excellence which clients have come to expect from both Moncord and Transactly.”
Transactly has retained all existing Moncord staff, and is enrolling all transaction coordinators and clients into their technology platform to ensure an ever-improving digital client experience -- something that is otherwise lacking in the real estate industry.
REAL ESTATE TECHNOLOGY
prnewswire | November 27, 2020
Odis D. James III, Real Estate Investor and Founder of James Street Capital, is reporting another mentorship program intended to encourage land contributing for apprentices, and give counseling administrations to help business visionaries hoping to make monetary freedom through keen land contributing.
Odis is a multifamily land local chief, land financial specialist and representative, business person, speaker and independent company advisor. In joining his abundance of information and experience among these orders, Odis has built up a land speculation enrollment program intended to train land putting to tenderfoots in a manner that is more close to home and locks in.
REAL ESTATE TECHNOLOGY
prnewswire | November 19, 2020
Business property estimations have changed over the most recent a half year because of the pandemic and land is at present in an unchartered area. That is as indicated by the leader of business land financier NAI Pleasant Valley, Alec Pacella, who spoke Wednesday at the 2020 REALTORS Conference and Expo.
Pacella, who facilitated a meeting named, "Selling CRE Properties: How COVID-19 Impacts the Numbers," summed up the ongoing history of the business land industry, including its estimating file, esteem pinnacles and purchaser desires.
"In the early part of last decade – 2006, 2007, 2008 – expectations were actually greater than the pricing index. There was more demand than there was supply."
Yet, in 2009 and 2010, as Pacella notes, desires were lower than the estimating list. Therefore, interests in business land were almost nonexistent.
"No deals were happening then," he said. "You couldn't give real estate away in a lot of markets because the expectations were so low."
The situation Pacella portrays isn't not normal for the present status of business land, the same number of proprietors of once-beneficial organizations have watched famous chains battle or be compelled to forever close their entryways.
Pacella says the way to exploring this market is for land owners and speculators to look after exchange. Also, as a result of the market's repeating nature, Pacella says financial specialists will need to be in position to underwrite when conditions ultimately improve.
"In an uncertain market, it's critical to keep conversations going." Having a strategy to engage in open conversation, he says, could eventually lead to a deal in the future.
In the business land area, exchanges can happen when markets are rising or falling, as indicated by Pacella.
"We could sit there and sit on our hands and say 'we're out of business; come talk to me in 2021, 2022 when things get back.' No, that's not what we do, that's not how most of us are wired."
The National Association of Realtors® is America's biggest exchange affiliation, speaking to more than 1.4 million individuals engaged with all parts of the private and business land enterprises.