Real Estate Technology
PR News Wire | August 31, 2023
As the race to maximize AI across nearly every industry continues, TurboTenant, the leading all-in-one landlord software, recently launched a feature that harnesses AI to allow landlords to craft their rental listings. Powered by OpenAI, this new tool simplifies one of rental property management's most significant challenges.
When landlords enter basic property information, TurboTenant's AI Property Description personalizes a captivating listing description in less than five seconds.
Leveraging open-source data to pull in unique qualities that appeal to today's renters, the AI professionalizes listing descriptions and streamlines the marketing process to find quality tenants. Plus, this AI is trained to comply with the Fair Housing Act — a major win for landlords everywhere.
"Generative AI tools such as ChatGPT are like magic. You ask AI to do something, and the tool easily completes your task," said Max O'Rourke, Senior Product Manager at TurboTenant. "That's a big reason we built the AI Property Description feature with OpenAI — we want our landlords to feel like magicians when they create a new listing."
The free AI Property Description feature is the latest update to TurboTenant's versatile rental property management platform. Listings are a landlord's first chance to catch potential tenants' eyes, and this latest feature simplifies the process significantly.
According to a recent Forbes Advisory survey, over 64% of businesses report AI increases their productivity. AI Property Description is just one of the many features TurboTenant has launched to streamline, professionalize, and simplify the administrative side of being a landlord.
"Harnessing the power of AI for property description and listing title generation is just the tip of the iceberg," said O'Rourke. "Building a feature like this is just another example of TurboTenant's commitment to innovation and better serving our users."
About TurboTenant
Built by landlords for landlords, TurboTenant empowers independent property managers at every step of the rental process. More than 550,000 independent landlords nationwide enjoy TurboTenant's free, all-in-one online property management solutions. Features offered by TurboTenant include rental applications, tenant screening, property marketing, rent payments, lease agreements, and rent reporting.
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Real Estate Investment
PRnewswire | August 08, 2023
Modwell, the design technology company transforming how the $4 trillion dollar global realty market buys, sells and lists properties, and Christie's International Real Estate, today announced a first-of-its kind partnership that will provide top agents of the world's leading high-value real estate brand with access to its game-changing suite of real estate listings solutions.
The partnership between the two companies will give 50 of Christie's International Real Estate's Masters Circle agents – the highest grossing agents across the brand's U.S. network – the ability to leverage Modwell's proprietary and patented tech-based design platform in order to showcase home listings in an unprecedented, modernized fashion, drive sales and help future buyers envision the full potential of any home, apartment or property lot. The Modwell infrastructure is even flexible enough to accommodate developer-ready parcels.
Specifically, these Christie's International Real Estate Masters Circle agents, representing 39 luxury markets across at least 15 states, will be able to access Modwell's suite of solutions including:
Enhanced Listings. Which takes an existing property and applies 3D scanning and modeling technology in order to reimagine and fully realize the untapped design potential of any property's interior and exterior. From there, agents will be able to share design exhibits via their own user profile directly to their network of clients in order to sell more, faster.
Next Gen 3D Showrooms. Modwell's virtual "warehouse" that curates a highly individual aggregated listings experience for real-estate professionals and their organizations. These digital showrooms are designed so that agents can showcase featured properties and attach their personal showrooms to Modwell's larger Masterbrand Showroom.
Consumer Home Vaults. Created to supercharge referrals (which make up 82% of agent revenues in the U.S.), this interactive solution gives agents an opportunity to maintain more meaningful relationships with their clients over the lifetime of their home ownership. Clients are invited onto Modwell's platform in order to fully document their home by uploading their surveys, floor plans, 3D models and more into a purpose-built design hub.
"We're thrilled to be able to work with an esteemed brand like Christie's International Real Estate. Technology has enabled consumers to change how they live their lives – from how they communicate, to what, when and how they connect with content, to how they purchase goods and services. While home buying should be no different, and 97% of consumers use online tools when buying a home, listings have remained legacy based. Modwell is changing that paradigm through advanced technology and we're excited that Christie's International Real Estate's top agents will be able to leverage our platform in a way we think will help them sell more," said Jonathan Reisman, Co-Founder, Modwell.
"Christie's International Real Estate has a rich and storied history as a market leader and a lot of that has to do with continually giving our agents innovative ways to engage with potential clients. Our program with Modwell continues that high standard and we're excited to get their technology into the hands of our top agents in order to drive a more efficient and interactive process," said Thad Wong, co-CEO of Christie's International Real Estate.
In under a year, Modwell has disrupted an industry stuck in legacy models, creating the highest fidelity 3D technology to power a better overall real estate experience for both buyers and sellers across a varied array of industry verticals and segments.
The company was selected for the prestigious Moderne Ventures' Passport Program, a six-month industry immersion program that catalyzes the growth of its companies by offering its participants education, mentorship, and pilot opportunities with new customers via access and exposure to Moderne's Network of real estate – and real estate adjacent – industry leaders. The program is highly selective with the Moderne Ventures team evaluating over 4,500 companies a year, but selecting on average 6 to 10 companies per class. In February, the company's technology was prominently featured in the Bravo hit "Million Dollar Listings'' and, more recently, it provided the technology behind a prominent Robb Report listing and article.
About Christie's International Real Estate
Christie's International Real Estate has successfully marketed high-value real estate around the world for more than 30 years. Through its invitation-only Affiliate network spanning nearly 50 countries and territories, Christie's International Real Estate offers incomparable services to a global clientele at the luxury end of the residential property market.
About Modwell
Modwell is a design tech company whose first-of-its-kind collaborative platform and tools empower agents and buyers to modernize their real estate experience. While other industries have evolved to match our 21st century lifestyles and preferences, real estate has stayed relatively the same. Modwell was founded in 2020 by architecture and marketing veterans who not only set out to close that gap but who have a clear vision for where real estate is going as the world embraces virtual realities.
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Investments
PR Newswire | August 29, 2023
Curbio, Inc., the leading pay-at-closing contractor solution for real estate agents, today announces the launch of its official Realtor's Guide to Pre-Sale Home Improvement. This free playbook is intended to be a resource for real estate agents as they navigate the home sale process.
In today's competitive real estate market, buyers want move-in-ready homes, with 77% of buyers surveyed saying that they wouldn't consider a home that isn't move-in-ready. By offering a turnkey, pay-at-closing concierge service, agents can not only meet buyer demand for move-in-ready properties, but can also stand out from the competition to win listings. With 47% of agents surveyed reporting Curbio's fix first, pay when you sell service helped them win a listing, agents can grow their business and stand out from the competition when other agents are simply offering sellers the status quo.
"Agents know that every home, regardless of age or condition, will benefit from pre-sale home improvements, but sometimes that can be a tricky conversation with sellers. And with the hot market over the last few years, truthfully, some agents didn't have to navigate the topic. But, that's no longer the case and pay-at-closing repairs and updates are more important than ever. We created this playbook to help agents navigate their conversations with data, expertise and confidence. Our goal here is to help agents shine in their listing appointments, providing them with the tools and information they need to win listings and get them market-ready successfully," said Olivia Mariani, Chief Marketing Officer at Curbio.
Curbio's Guide to Pre-Sale Home Improvement provides a comprehensive overview of pre-sale home improvements for agents, with contents including:
• The benefits of pre-sale home updates
• Overview of the current market and common seller personas
• Guide to pitching pre-sale improvements to win listings
• List of the top ROI driven pre-sale updates
• Listing walkthrough checklist
• Guide for getting ahead of client concerns
• Comprehensive overview of Curbio's solution and process
Other resources available to agents from Curbio include an agent marketing toolkit, which features everything that agents need to share Curbio with their network, such as customizable social media templates and listing presentation slides.
The playbook's release comes on the heels of news earlier this month announcing a US roadshow tour offering free seminars for real estate agents looking to level up their pre-sale home improvement expertise.
About Curbio
Curbio is the leading pay-at-closing contractor working with real estate agents to get homes ready for sale reliably and without hassle. Curbio has modernized home improvement with an easy-to-use mobile app and five-star project management team that streamlines project work and communication, while eliminating the delays and uncertainties that have made home improvement so frustrating, especially for agents and home sellers. Our turnkey approach and pay-when-you-sell model has made Curbio the most trusted contractor for real estate agents and brokerages nationwide, including eXp Realty, RE/MAX, HomeServices of America, Long & foster, and many more. Curbio operates in more than 60 real estate markets across the US.
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