Revive Vision AI is a game-changer for agents and home sellers alike. Think smart CMA meets AI-powered AVM, providing a more detailed foundation for pre-sale renovation discussions to help agents with their listing and pricing strategy.
Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday.
Introducing Real AI – a human-curated weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday.
I spent a large part of my career in the mortgage business - long before computer vision was a thing. I was a VP at one of the largest nationwide retail lenders (Great Western), a Fannie Mae Director both in public affairs and later as head of the Seattle Partnership office, and finally, a mortgage loan officer for over eight years with the largest lenders (Countrywide, Wells Fargo and Chase) in the country at the time. These combined experiences give me a unique vantage point of looking at this industry from a 35,000 foot level and the surface as a [...]
Ben Caballero is relentless when it comes to creating new technology and achieving major milestones. The founder and CEO of HomesUSA.com, Ben is currently the No. 1 ranked real estate agent by RealTrends and has been every year since 2013. He is clearly the world’s most productive agent. Ben is an exclusive listing agent for over 60 home builders. He invented the technology for builders that helped earn him three Guinness World Records for home sales and a slew of accolades, including “Most Innovative Agent” by Inman News and a Pinnacle Award for Entrepreneurship from Keller Williams, presented by Gary [...]
Here's the zavvie stat that tells you why agents will LOVE their LOs for putting together a cash offer for their buyers: mortgage-backed buyers had to make an average of 7 bids when buying a home, compared to just 1.1 offers when using cash.
I had an immediate pandemic flashback as I looked around at the thousands of people that filled the Las Vegas Convention Center at this week's National Association of Home Builders annual International Builders Show. I remember asking colleagues on virtual conferences at the height of the pandemic if anyone thought we'd ever have major, mask-less conventions again. The consensus was “no way.” NAHB's International Builders Show or IBS is the nation's biggest real estate show by nearly every measure. Yes, way. In fact, it was rare to see many masks at the latest builder show. And I probably [...]
Renwick Congdon, founder of Imprev, which he sold to MoxiWorks and Vector Capital in November 2019, shockingly passed away a few days ago at just 60 years old. He was my mentor and forever changed my life. As I posted in a comment on Greg Robertson’s Vendor Alley, Renwick was a gentle giant of the business world, a proud leader in EO, and a serial entrepreneur. He was my mentor, and I was blessed to be a loyal Imprevian, having worked for and with Renwick at Imprev for several years. He was a true thought leader of our industry and [...]
Today the National Association of Realtors released its annual Technology survey of members, one of my favorite yearly research studies. With over 2,400 responses, it provides excellent insight into how tech innovations are impacting the real estate business now and in the future. Not many surprises, but this new research confirms the acceleration of tech adoption as one positive factor fueled by the pandemic. Here are some quick highlights: -eSigning rules: Looking back at the last 12 months, respondents ranked eSignatures as the most impactful tech tool (79%), with lockboxes (67%) and local MLS apps/technology (67%) tied for second place. [...]
MoxiWorks is a real estate industry titan, serving 800 brokerages and their 400,000 agents, connected to over 500 MLSs and 150-plus tech partners. Today, zavvie announced integration with MoxiWorks, making its white label marketplace for brokerages and vastly expanding its ability to offer iBuyers and Power Buyers solutions with the addition of MoxiWorks powered brokerages. zavvie integrates with MoxiPresent, known as the easy-to-use, feature-stuffed, and ultra-versatile real estate presentation builder. MoxiPresent can now showcase instant iBuyer offers for sellers and information about Power Buyers, including “cash offers” and “buy before you sell” modern bridge solutions for buyers and current homeowners. [...]
The two-day National Association of Realtors fourth annual iOi Summit in Los Angeles hit its crescendo just minutes before it adjourned with the biggest announcement of the conference. Revive Real Estate, the fast-growing startup that’s blazing the presale renovation trail, was named the 2022 winner of the highly coveted “Pitch Battle.” It was a moment that embodied the conference acronym: innovation, opportunity and investment as Revive snagged the winner-take-all $15,000 prize and benefits that will help pole-vault it massive industry awareness. Revive’s four-minute pitch was handled deftly by its CEO and Co-Founder Michael Allawadi. Then Michael faced four more minutes [...]
This year's annual Florida Realtors® Convention & Trade Expo takes place Aug. 24-25, 2022, at Rosen Shingle Creek resort in Orlando, Fla. Realtors from around the state will discuss crucial issues that shape their profession, selecting from nearly 40 education sessions. Topics run the gamut, from how to sell luxury homes, the post-pandemic future of global real estate, how traditional brokerages can increase their profit margin, how to create videos people will watch, and proven strategies for "irresistible" listing presentations. The convention and workshop schedule is here. According to the Florida Realtors, the top keynoter is entrepreneur, celebrity, and self-made billionaire Martha Stewart, [...]
