Redfin will now let people buy a house in California without a real estate agent

Redfin | December 04, 2019

People in California who want to buy a home without using a real estate agent can now do exactly that, thanks to Redfin. The online real estate brokerage, which has been growing its mortgage and direct homebuying operations over the last several years, also now offers a program that allows homebuyers to buy a Redfin-listed home without utilizing (and therefore paying) a buyer’s agent.

Spotlight

INVESTOR SPECIAL! Awesome neighborhood in Berkeley just one block from Berkeley Lake and 4 blocks from Tennyson strip. Perfect fix-up home or scrape.

Spotlight

INVESTOR SPECIAL! Awesome neighborhood in Berkeley just one block from Berkeley Lake and 4 blocks from Tennyson strip. Perfect fix-up home or scrape.

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REAL ESTATE INVESTMENT

JPAR® - South Florida Living Expands with Acquisition of Signature Invest Realty LLC

JPAR | June 08, 2022

JPAR® – South Florida Living is pleased to announce the expansion of its Florida operations with the recent acquisition of Signature Invest Realty LLC. Owners, Chris, Lisa, and Michael Schlitz and Jeremy Constantino acquired Signature Invest Realty of Orlando on June 3, 2022. We're thrilled to welcome Jose Vega and Signature Invest Realty to our growing organization. Jose and his team of sales professionals complement our vision for expansion in the Florida market." Chris Schlitz, CEO, JPAR® – South Florida Living JPAR® – Real Estate is one of the fastest growing 100% commission brokerages in the United States and continues its impressive growth by offering a best-in-class technology and marketing platform and its commitment to positioning the agent at the center of each transaction. "Chris, Lisa and Michael Schlitz are a shining example of what we mean when we talk about JPAR® being built by, and for, influential industry leaders," said Laura O'Connor, President and COO, JPAR® Franchising. "We are proud that they chose us as their franchise partner. They invest the time and effort to understand, train and articulate the brand value to agents, teams and other owners that are looking to further their professional growth. Their growth in both the Greater Atlanta, Georgia and Florida markets can be attributed to their commitment to the agents and communities they serve. Our heartfelt thanks and congratulations on their continued growth and success." JPAR® – Real Estate is both a Top 50 Real Estate Broker and Top 10 U.S. Hottest Business Franchise. "With today's competitive marketplace and ever-evolving technology, JPAR® provides the cutting edge tools necessary for our agents to successfully compete and advance their real estate careers while continuing to deliver exceptional customer service," said Jose Vega, Broker/Owner, Signature Invest Realty. JPAR® – Real Estate brokerage and franchise operations continue to expand throughout the United States, now serving home buyers and sellers from 65 offices throughout 26 states with more than 3,600 real estate professionals. According to Lisa Schlitz, COO, JPAR® – South Florida Living, "JPAR® – South Florida Living is expanding its footprint not only in Palm Beach, but throughout the state by acquiring high quality brokerages like Signature Invest Realty." About JPAR® - Real Estate JPAR® - Real Estate and JPAR® Franchising is a full-service real estate brokerage and franchise platform offering a highly competitive transaction fee-based model and agent-centric culture. The JPAR® platform provides agents 7 day-per-week broker support, physical office locations, a comprehensive open architecture tech stack, marketing, lead generation, training, coaching, mentoring and agent health care. The company serves more than 3,600 agents operating in 65 offices across 26 states.

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MARKET OUTLOOK,REAL ESTATE ADVICE

Ventas’s Outlook Revised by Fitch Ratings to Stable

Ventas | July 19, 2022

Ventas, Inc. (NYSE: VTR) today announced that Fitch Ratings (“Fitch”) has revised its rating outlook for Ventas to Stable from Negative and affirmed Ventas’s issuer credit rating of ‘BBB+’. In revising Ventas’s outlook, Fitch highlights that operating performance in Ventas’s senior housing operating portfolio is expected to continue to gain momentum as evidenced by steady gains in rent growth and occupancy. Fitch believes that the senior housing portfolio is positioned for a strong recovery driven by attractive 80+ population growth leading to higher move-ins and a favorable supply backdrop. Fitch notes the benefits of Ventas’s diversified portfolio, approximately 30% of which consists of high-quality, principally on-campus medical office buildings and life science properties anchored by over 17 top-tier, high credit research universities. Fitch also cites Ventas’s strong liquidity position with minimal debt maturing through 2023 and management’s commitment to a strong financial policy. About Ventas- Ventas Inc., an S&P 500 company, operates at the intersection of two large and dynamic industries – healthcare and real estate. Fueled by powerful demographic demand from growth in the aging population, Ventas owns a diversified portfolio of over 1,200 properties in the United States, Canada, and the United Kingdom. Ventas uses the power of its capital to unlock the value of senior living communities; life science, research & innovation properties; medical office & outpatient facilities, hospitals and other healthcare real estate. A globally recognized real estate investment trust, Ventas follows a successful long-term strategy, proven over more than 20 years, built on diversification of property types, capital sources and industry leading partners, financial strength and flexibility, consistent and reliable growth and industry leading ESG achievements, managed by a collaborative and experienced team dedicated to its stakeholders.

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MARKET OUTLOOK

Cherre and Fortimize Announce Strategic Alliance

Cherre and Fortimize | August 12, 2022

Cherre, the industry’s leading real estate data management and analytics platform, and Fortimize, a Salesforce partner since 2012, have entered into a strategic alliance to help real estate firms make faster and more accurate decisions within Salesforce. The alliance combines an industry-leading real estate data management platform with an industry-first consulting approach on the world’s #1 CRM and customer engagement ecosystem, to increase deals in the pipeline and improve the accuracy of underwriting for acquisitions and dispositions. Together – and along with the expertise and advisement of Jonathan Fishman of Bizydev – the new partnership brings multiple decades of experience in the real estate and proptech sectors, to bring new and innovative solutions to the market. “Real estate investors and operators are demanding more data-driven insights for decision making. The Cherre and Fortimize alliance provides the real estate industry with expertise and a turnkey solution for users to get the data they want into a tool of their choice,” - Grant Wood, Cherre Vice President of Strategic Solutions Fawn Perazzo, Fortimize Real Estate Practice Lead added, This partnership amplifies the power of Salesforce for real estate companies. By connecting a mutual customer’s disparate real estate data, Cherre’s platform enables us to seamlessly integrate property data into Salesforce, creating a single source of truth around a team's deal pipeline. Firms can customize the Salesforce platform to meet their team’s needs, which many pointed solutions lack. In this highly competitive landscape, this means dealmakers are better enabled to focus on building relationships and closing deals, instead of wasting time swiveling between disparate systems. With the launch of this partnership, Cherre and Fortimize will arm real estate organizations and teams with key data points to help reduce space downtime, maximize rental terms and improve revenue forecasting for leasing use cases, all from within their CRM. About Cherre Cherre is the leader in real estate data and insight. We connect decision makers to accurate property and market information, and help them make faster, smarter decisions. By providing a unique “single source of truth,” Cherre empowers customers to evaluate opportunities and trends faster and more accurately, while saving millions of dollars in manual data collection and analytics costs. Cherre launched in 2016 and is located in New York City. About Fortimize Fortimize, a financial services and real estate consulting firm, partners with clients to design, build, automate and enhance digital experiences for their customers and employees leveraging the Salesforce platform and other leading technologies. Fortimize has been a Salesforce partner since 2012. About Bizydev Bizydev is a business development firm based in New York City that specializes in working with technology, product and service companies across industries such as PropTech, business intelligence, analytics, and other verticals to help accelerate growth. Bizydev creates value for the groups it works with by generating unique opportunities around customers, partners, and capital.

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