REAL ESTATE TECHNOLOGY

The Real Estate Staging Association publishes the 2020 Home Staging Statistics Consumer's Guide to Real Estate Staging

prnewswire | November 03, 2020

The Real Estate Staging Association,defines home staging as the preparation of residential or commercial properties for sale in the real estate marketplace. The primary objective of home staging is not to decorate, but rather bring the property up to a level that it will appeal to the greatest number of potential buyers that will pay the highest price possible. Professional real estate stagers use their knowledge of design trends, real estate ethics, and property renovation solutions to help the seller achieve their goals. Included in the guide is a study of 13,000 staged homes and found that 85% of staged homes sold between 5-23% over list price. RESA found that with a typical investment of 1% of list price, 75% of sellers saw an ROI of 5-15%.

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.

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REAL ESTATE TECHNOLOGY,HOME AND DESIGN

Rently Updates App to Expedite Smart Home Installation

Rently | January 12, 2023

Rently, the industry leader in self-touring and smart home technology solutions, recently introduced a new feature on its Smart Home App. This new feature will assist technicians in accelerating the installation process using automated tools. It will also enable property managers to receive real-time notifications about successful smart home activations. Installers can now easily verify their identity and begin the installation process using Rently's Smart Home App. The app also provides stepwise instructions, guiding the installers through the entire process. This removes the need to call technical support to activate devices, which leads to significant time savings. Merrick Lackner, the CEO of Rently, states, "Rently recognizes the critical role that installers play in the deployment of smart home technology." He further added, "By eliminating the requirement for installers to contact intermediary technical support teams—just to verify device testing and activation—we hope to save them time, facilitate their projects, and make it easy for them to report their success to managers who receive these real-time updates on their Rently desktop portal." (Source: PR Newswire) Communications between smart home technicians and managers can now be synchronized using Rently's app. This will help save time and eliminate the uncertainty faced by property managers, who would otherwise have to wait for tenants to confirm if their smart home devices are working correctly. About Rently Based in Camarillo (California), Rently is a premier provider of self-touring and enterprise smart-home platforms. The company, established in 2011, serves single-family and multi-family operators. The platform provides convenient and cost-effective solutions to optimize and automate leading, collaborating with over 3,500 operators and enabling more than 15 million self-tours. In addition, Rently's enterprise smart-home vertical allows keyless self-tours, optimization of resident access, monitoring of units, and reduced utility costs from anywhere in the world.

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BROKERAGE, REAL ESTATE TECHNOLOGY

United Real Estate Franchises Partner to Offer New Brokerage Model in Charleston

United Real Estate | February 20, 2023

In Charleston, a unique real estate residential model is being introduced by two United Real Estate franchise owners who have partnered. The new model is unlike traditional brokerages, their office provides training, award-winning technology, and brokerage support without charges as a commission split from the agents. For Winston Velpula and Brenda Daly, the co-owners, Charleston was an obvious choice with tremendous opportunities in the city. With a flourishing economy propelled by the presence of Fortune 500s and prominent employers, Charleston boasts numerous well-compensated employment opportunities. Additionally, the city's income per capita exceeds the national average by 4%. Furthermore, the city's metropolitan population of 800,000 contributes to a robust real estate market, which some consider nearly impervious to economic downturns. Daly and Velpula know how to develop informed professionals with skills to achieve clients' goals. United | Charleston offers thorough agent training, focus, skill, and service development. Real estate agents are taught to do their research to make sure the property and its surrounding area are a good fit for a client. Marketing plans are modified to reach more buyers and develop more valuations based on competitive research. The office is in Mount Pleasant, off state highway 17, at 735 Johnnie Dodds Blvd., Suite 100. About United Real Estate United Real Estate is a division of United Real Estate Group, established in 2011, and aims to solve the challenges agents and brokers face in maintaining profitability in a competitive marketplace. With its agent-centric model, brokers can provide their agents with scalable technology solutions that reduce delivery costs as their businesses expand without having to split commissions. In addition, the company offers updated training, marketing, and technology tools to brokers and agents under a transaction-based agent commission model. United Real Estate, based in Dallas (Texas), operates in 32 states with 148 offices and around 18,000 agents. The company's sales volume for 2021 was more than$21.5 billion.

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REAL ESTATE TECHNOLOGY, MORTGAGE AND LENDING

BatchService introduces list building platform with industry-first property and owner data offerings

PRweb | March 17, 2023

BatchService, a leading real estate data and SaaS provider, has introduced the first list building tool that allows businesses to build custom property lists and enrich them with the most accurate contact information on the market–solving the problem of solution fragmentation. From real estate to marketing services, ListBuilder is designed to give businesses on-demand access to industry-leading property, owner and contact data. “We’re excited to help businesses leverage property and owner data to improve targeting, increase marketing performance, and drive growth,” said BatchService CEO Jesse Burrell. “As a real estate investor, I remember having to jump between multiple platforms to get quality data. It led to a lot of wasted time and money. This solution eliminates that waste and improves deal potential tremendously. We believe it’s a game changer.” Developed to meet the needs of businesses of all sizes and industries that use property data, ListBuilder is a self-service platform with transparent pricing, real-time results, and a host of custom list building capabilities. In-depth data – With more than 180 property, owner, and financial filters, there are millions of combinations to help users build targeted lead lists Quick lists - With 35 of the most popular search filters–including absentee owner, high equity, tired landlord, and more–users can create custom lists in minutes Right-party contact data – Enrich property lists with the most accurate and complete property owner contact information on the market Marketing flags – Supplement property lists with buyer and seller intent data, including mortgage information, demographics, life events, and more On-demand access – With no monthly fees and instant results, customers only pay for the data they need when they need it Founded in 2018, BatchService offers a suite of real estate software and data services to help businesses in and around real estate find targeted leads, market more effectively, connect with property owners, and close more deals. The company’s technology solutions are powered by industry-leading property and owner data that’s enriched by data science, proprietary algorithms, and a data verification loop. ABOUT BATCHSERVICE BatchService is a real estate data and technology company. At BatchService, we provide visibility into real estate assets through real-time property intelligence, empowering real estate professionals to better identify opportunities and directly engage with property owners, investors, and agents. BatchService provides a suite of tools to manage client records, organize lists, comp properties, and surface investor insights. Our developer-friendly API endpoints fuel innovation for the proptech ecosystem.

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