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Future-proofing real estate: Why developers are turning to modular for sustainability and resilience

Housing Wire

These green building benefits associated with modular construction do not come with the dreaded green cost premium even though recent research shows that developers are willing to pay an average 10% more on construction costs if it allows their business to shift towards a more circular and sustainable business model.

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AI assistant Shilo closes $2.6 million seed funding round

Housing Wire

is going to have an easier time with product development thanks to a $2.6 The company said the funding round will accelerate Shilo’s product development and go-to-market expansion. “AI million seed funding round. The AI assistant firm announced the funding round on Friday. That teammate’s name is Shilo.”

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Tomo Mortgage closes $20M Series B funding round

Housing Wire

Tomo touts its use of artificial intelligence in streamlining loan underwriting and closing processes. It claims to save the typical homebuyer up to $4,000 in closing costs and offers interest rates that are 50 to 100 basis points lower than the industry average, according to a press release.

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Fairway announces ‘hybrid e-closings’ for reverse mortgages

Housing Wire

announced the incorporation of hybrid e-closings for reverse mortgages on Tuesday, aiming to incorporate its experience with the technology on the forward side of the mortgage business into its reverse mortgage division for the first time. Fairway Independent Mortgage Corp.

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How a new agent closed $17 million in his second year using this simple strategy

Housing Wire

Tom closed over $17 million in volume in his second year in real estate. The local competition in Charlotte was fierce, and with only a handful of closed deals, he knew he couldnt compete with experienced agents. Tom honed his networking skills over a multi-decade career in product and business development for multinational brands.

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How a 26-year-old Douglas Elliman agent closed $100 million+ in 2024

Housing Wire

Over the last eight years, Abraham Sarway has parlayed calculated risks like this one into running a team that closed $100 million in volume in 2024. To this day, my team and I are still working in the South Bronx, even though we regularly close deals on luxury units in Manhattan.” Abraham Sarway did. A vacation cabin upstate.

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9 expert tips to close real estate deals faster & easier

Housing Wire

Since our income is (usually) tied directly to closings, many real estate agents wonder how to close deals faster. Keep reading for expert tips on how to close real estate deals faster, plus ways to make your real estate transactions more seamless. Who are these motivated clients? When is your lease up?

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