Opendoor partners with real estate software provider W+R Studios to boost iBuyer reach

Opendoor | October 10, 2019

Opendoor added to its ever-growing list of partnerships Thursday with the announcement that the iBuyer will be collaborating with W+R Studios, a real estate market analysis software provider. The partnerships will specifically make use of W+R Studios’ Cloud CMA, a platform that allows agents to create comparative market analysis reports, buyer tours, property reports and flyers.

Spotlight

In this week's video, John Chang discusses the three main factors causing investors to feel uncertain about the market!

Marcus & Millichap's research services division takes great pride in providing industry-leading research, and hope you find value in the insights we share as you shape your commercial real estate investment strategy. As always, please contact our team if we can be of service in providing you with market information, access to inventory, transaction execution and financing.

Spotlight

In this week's video, John Chang discusses the three main factors causing investors to feel uncertain about the market!

Marcus & Millichap's research services division takes great pride in providing industry-leading research, and hope you find value in the insights we share as you shape your commercial real estate investment strategy. As always, please contact our team if we can be of service in providing you with market information, access to inventory, transaction execution and financing.

Related News

REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT

RAD Diversified Announces Upcoming Inner Circle Limited Opening

RAD Diversified | November 28, 2022

RAD Diversified ("RADD") is pleased to announce the limited re-opening of its elite Inner Circle program for a select number of new members. RADD's exclusive Inner Circle began in 2015 as a way for interested real estate investors to partner with RADD on select properties and opportunities. RADD will host a live webinar for all interested investors on November 28 at 7 pm EST. See registration details below. "Our Inner Circle is the upper echelon of our business. It's the top investment tier of RADD. We first opened this exclusive club in 2015 at the urging of our shareholders and other stakeholders who wanted a way to invest directly alongside us in choice real estate opportunities," - Co-founder and CEO Dutch Mendenhall During our upcoming live event, we'll discuss the state of real estate going into the end of the year, offer a Q&A, and also highlight some of our recent success stories, Examples like our Inner Circle member Kitson, who turned a $20,000 investment into more than $90,000 partnering with us on a property in Big Bear, California,Mendenhall continued. What we are most proud of with Inner Circle is the track record. Since launching it over seven years ago, not a single Inner Circle member has lost a penny on any deal they've partnered on. We realize – and value – how special this is, added Co-founder Amy Vaughn. Participation in Inner Circle is strictly limited to ensure a truly bespoke experience for each member. The event marks the final time Inner Circle opens to new members for the foreseeable future. About RAD Diversified: RAD Diversified is a real estate investment company that offers multiple ways to invest in residential, commercial, construction, and farmland real estate assets. Our RADD REIT adjusts its share price quarterly based on changes in its portfolio's underlying net asset value. Since its inception, RAD Diversified REIT and Companies have amassed over $100,000,000 in diverse property assets.

Read More

REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT

Leading Nationwide Property Management Company Launches Property Investment Tool

Real Property Management | December 13, 2022

For intentional property investors, the right property management company can take the guesswork out of generating the best return on investment (ROI). Real Property Management, a Neighborly company, has been offering residential property management services throughout North America for more than 30 years, and recently launched the Wealth Optimizer Tool designed to support property investors looking to optimize their rental property's ROI. Smart property investors use a variety of metrics to analyze real estate investments. These metrics allow for comparing and tracking performance, but with the metrics, there is a balance of understanding real-world variables. Real Property Management's Wealth Optimizer Tool is available to anyone and can help investors determine if a property is a good investment. The free property investment tool provides expert data on a rental property's performance, future capital expenses, helps them analyze the potential of a future purchase and can help analyze the potential of a future purchase. "Our franchise owners have been offering this type of hands-on assistance for analyzing the potential of a rental property for single and multi-property owners for the past five years. We wanted to build an online, user-friendly calculator that allowed rental-property investors to make their own custom adjustments on parameters, With access to advanced reporting in this tool, our streamlined processes and one-on-one intel help investors analyze current and future properties to maximize their rental income while minimizing expenses and inefficiencies." -Jeff Pepperney, president of Real Property Management The interactive report pulls available data on property valuation based on users' specified investment parameters. The tool allows users to view revenue, expenses, equity changes, cap rate, cash flow, gross yield, annualized return, and cash-on-cash return, in addition to some advanced reporting features. A key feature of the Wealth Optimizer Tool is the option to compare up to three properties when considering adding properties to their portfolio. We're always looking to improve our value-add to property owners and provide comprehensive property management with superior service. This includes preserving investors' assets and optimizing their ROI, This tool is one more proof point of our brand promise, offering greater visibility into the performance of rental property portfolios,said Pepperney. Along with helping intentional property investors realize rental property potential through wealth optimization, Real Property Management provides full-service leasing, move-in, and move-out property inspections, property maintenance, management of tenant requests and emergencies, advertising and marketing, tenant screening, accounting, rent collection, legal evictions, and online reporting portals. About Real Property Management®: Real Property Management, a Neighborly® company, is the largest property management franchise in North America, with more than 30 years of industry expertise providing full-service residential property management for thousands of investors and rental homeowners from more than 400 independently owned and operated locations worldwide. Acquired in 2018, Real Property Management is part of Neighborly®, the world's largest home services company with more than 30 brands and 5,000 franchises collectively serving 12 million+ customers in six countries, focused on repairing, maintaining and enhancing homes and businesses.

Read More

REAL ESTATE TECHNOLOGY, INVESTMENTS

BoomTown to Become Inside Real Estate's Finest Real Estate Technology Company

Inside Real Estate and BoomTown | January 24, 2023

BoomTown and Inside Real Estate recently announced their merger to establish the industry's premier residential real estate technology firm. This merger will create a residential real estate software and services market leader in product and customer categories. After the acquisition, Inside Real Estate may help top franchises, brokerages, teams, and agents better manage their operations. Its research and development (R&D) and customer service will also help the new company come up with new ideas and help real estate agents get ahead quickly. Both missions help real estate professionals succeed. Grier Allen, CEO of BoomTown, expressed, "This is the first day of an exciting new chapter for BoomTown and our clients." He further added, "Joining Joe and the talented Inside Real Estate team enables us to continue on our combined mission to serve the real estate industry with world-class technology and services. With a clear vision for the future, we look forward to accelerating the pace of innovation to fuel our clients' growth and success." (Source – Newswire) Inside Real Estate and BoomTown have a history of providing high-value, innovative solutions that help real estate professionals improve business outcomes, gain a competitive edge, and increase transactions and revenue. The merger will create the largest and most active community of high-performing real estate professionals and combine award-winning technological solutions, top-tier client support, and services offered by both companies. When pooled, these assets and supports will allow us to accomplish - the best user experience in the front office, the most advanced back office software, a dynamic marketplace, and a global network of technology partners, and the most- innovative homeownership solutions in the business. Nick Macey, President of Inside Real Estate, said, "This combination brings together significant capability to innovate as a true technology partner and support the needs of our customers." "Our passionate, capable team is committed to leading with the features, products and solutions that drive agent, team, brokerage and enterprise brand success," he concluded. (Source – Newswire) About Inside Real Estate Over 4 lakh leading brokerages, agents, and teams trust Inside Real Estate, a fast-growing, independently-owned real estate software company. kvCORE platform, its flagship product, is the industry's most modern and comprehensive solution for broker growth at every level. Inside Real Estate's 250 outstanding workers and accomplished leadership team enable them to innovate and succeed for their growing customer base. About BoomTown BoomTown gives its users a mobile app for agents on the go, transaction management, commissions, and accounting, a mobile website that can be customized and linked to local MLS data, personalized advertising, lead creation services, and more.

Read More