ROOM8 and Google Street View Trusted Agency LCP360 Announce Partnership

Cision PR Newswire | March 23, 2020

ROOM8, a technology company optimizing co-living through roommate matching and apartment search services, announced that it has partnered with Google Street View Trusted Agency LCP360 (Lights, Camera, Pixels) to streamline its in-app experience with virtual apartment tours. Through this partnership, ROOM8 and LCP360 will provide a new level of sophistication to the rental home search experience, including immersive 360 virtual tours, drone photography, and built-in virtual meetings with leasing professionals. LCP360's proprietary application, Panoskin, customizes Google Street View virtual tours for communities to create an enhanced experience designed to engage and convert prospects. ROOM8 will soon display Panoskin virtual tours in its app. People and organizations around the globe are working together to overcome the challenges of COVID-19. For many renters, the importance of an ideal home has never been more important when they have to adapt all daily activities to their apartments. More renters are turning to virtual experiences when it comes to renting apartments during the COVID-19 outbreak. That's why LCP360 has partnered with ROOM8, the latest co-living app, popular among Millennials and Gen Z, to streamline the apartment search with roommate matching, all virtually.

Spotlight

The market for real estate investment vehicles is continuously developing to provide investors with flexible and innovative real estate investment products.

Spotlight

The market for real estate investment vehicles is continuously developing to provide investors with flexible and innovative real estate investment products.

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MARKET OUTLOOK

Coldwell Banker Real Estate Releases "The International Buyer's Guide to Purchasing U.S. Property"

Coldwell Banker Real Estate LLC | October 31, 2022

Coldwell Banker Real Estate LLC, an AnywhereSM (NYSE: HOUS) brand, released "The International Buyer's Guide to Purchasing U.S. Property," an in-depth collection of guidelines and best practices to demystify the buying process for international clients seeking to purchase property in the United States. The International Buyer's Guide also serves as a helpful resource to help Coldwell Banker affiliated agents better serve clients, and as a marketing resource for agents to build referral business globally. Key features in The International Buyer's Guide include: The Current Real Estate Landscape With travel bans eased, international interest in the United States real estate market is expected to increase due to pent up demand. In 2022, international buyers spent more money but purchased fewer properties than in previous years. According to the National Association of REALTORS®, while transactions further decreased, the dollar volume of foreign buyer purchases rose 8.5% to $59 billion between April 2021 and March 2022. Big Spenders: International buyers accounted for $59 billion in dollar volume for residential properties purchased. Cash Offers: 44% of international buyers paid all-cash for a U.S. property, compared to 24% among all existing home buyers. Real Estate Investment: 44% of international buyers purchased property for use as a vacation home, rental or both in the United States. Dream Locations The five U.S. states that attract the greatest number of international home buyers are Florida, California, Texas, Arizona and New York. While cities like New York and Los Angeles have traditionally attracted the most international dollars, secondary cities are on the rise, presenting as "hidden gem" opportunities. The Coldwell Banker Global Luxury program issued "The Report 2022," which includes "The Opportunity Index" that measures a market's percentage of annual price increase against the current inventory level. Partnering with a Trusted Advisor To ensure a smooth buying process from beginning to end, it's paramount that all buyers work with a trusted agent in their dream location. Coldwell Banker® affiliated agents are available to walk international buyers through each step. From setting up a budget and arranging financing, navigating the U.S. tax landscape to securing their dream home, Coldwell Banker affiliated agents provide around-the-clock support. "We're ecstatic to welcome back international investment into the U.S. real estate market. Gone are the days where the agent is just part of a transaction – today, they're a lifelong partner, helping consumers craft their dream life. The "International Buyer's Guide to Purchasing U.S. Property" offers prospective buyers a full-scale look at best practices, tips and recommendations when thinking about their next purchase." - Liz Gehringer, President of Affiliate Business and Chief Operating Officer of Coldwell Banker Real Estate About Coldwell Banker Real Estate LLC Powered by its network of over 100,000 affiliated sales professionals in approximately 2,200 offices across 40 countries and territories, Coldwell Banker Real Estate is a leading provider of full-service residential and commercial real estate brokerage services. The Coldwell Banker brand prides itself on its history of expertise, honesty and an empowering culture of excellence since its beginnings in 1906. Coldwell Banker Real Estate is committed to providing its network of sales professionals with the tools and insights needed to excel in today's marketplace and is known for its bold leadership and dedication to driving the industry forward. The brand was named among the 2022 Women's Choice Award® Most Recommended brands for customer experience and overall quality. Blue is bold and the integrity and values of the Coldwell Banker brand give the Gen Blue network an unbeatable edge. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated.

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REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT

NestRange Offers Customizable, Actionable Property Data for Real Estate and Financial Industries

Altisource | December 07, 2022

Altisource, an integrated service provider and marketplace for the real estate and mortgage industries, has launched NestRange as a cost-effective, data-informed Automated Valuation Model that estimates the value of residential properties. This SaaS product leverages a national property database, geospatial comparable data, machine learning and AI to help real estate professionals, investors and financial institutions make decisions with confidence. The NestRange AVM is a fully interactive tool that estimates the value of single-family homes, condominiums, townhomes, and multifamily/apartments. The service draws from a robust data set of more than 150 million properties including over 750,000 active property listings. NestRange users have control over a variety of parameters including valuation input variables, property conditions, and the ability to select specific comparables used in the AVM calculation. The platform’s features don’t stop there – NestRange AVM reports include the NestRange Confidence Score, historical trends, detailed local market analysis and the ability to process AVMs in bulk. The NestRange Valuation API provides online integration and the ability to tap into the vast data and analytics within NestRange. Explore comparables, market information, trends, and more within your own environment. “NestRange offers essential tools to real estate professionals looking for AVMs they can trust – including the ability to get better insights into both distressed and non-distressed property valuations, We’re proud to have created a SaaS product that is so uniquely customizable.” -Israel Meir, Chief Strategy and Technology Officer The NestRange property AVM platform complements Altisource’s industry leading RentRange rental AVM service that has been providing rental data to investors and financial institutions for over a decade. Interested parties can visit NestRange.com to create customized property valuation reports now or to request a personalized demo. About NestRange NestRange is an Interactive AVM Solution for the Real Estate & Financial Industries. NestRange provides an automated valuation model that estimates the value of single-family homes, condominiums, townhomes and multifamily apartments. NestRange is the latest addition to the Altisource suite of appraisal and valuation products and services. About Altisource Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) is an integrated service provider and marketplace for the real estate and mortgage industries. Combining operational excellence with a suite of innovative services and technologies, Altisource helps solve the demands of the ever-changing markets we serve.

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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.

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