First Team Real Estate
NOVEMBER 15, 2021
Their algorithm helped them assess property values in promising neighborhoods so the company could buy and resell homes to make a profit on the house flip. When listing on the open market, family-owned brokerages are able to offer homeowners significant savings Zillow cannot. Why tech can’t hold a candle to a true expert.
RIS Media
JANUARY 18, 2022
“I think it’s going to be a tough business to sustain long term, but I do believe there will be players,” Jeb Griffin, director of emerging technologies for the National Association of REALTORS®. However, a new question that has yet to be answered is: to what extent? ” Mass Market Problem, Niche Solution. .
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HomeLight
APRIL 15, 2022
An iBuyer is a deep-pocketed real estate technology company that uses digital tools to purchase homes directly from homeowners and close quickly. iBuyer offers got sweeter for sellers in a fiery housing market. 2022 report from real estate brokerage platform zavvie found that iBuyer offers peaked in Q2 2021 at 104.1%
RIS Media
FEBRUARY 11, 2022
Even now—months after the tech giant announced that it was sunsetting Zillow Offers— discussions about the digital homebuying, cash offers and algorithmic house flipping future are rarely had without mentioning Zillow. . Regardless of what company or franchise brand they are at, they have the same characteristics.
HomeLight
NOVEMBER 10, 2021
By selling your house to one of the iBuyer companies, you can avoid many of these headaches. The term iBuyer refers to a group of high-tech house flipping businesses have grown rapidly in recent years since their introduction in the mid 2010s. Real estate brokerage Redfin, which lists homes for a 1.5%
HomeLight
APRIL 11, 2023
Model Realty Cash Offer Website: modelrealtycashoffer.com Phone number: 817-533-7767 Locations: Office in Aledo, Texas, serving the Fort Worth area The cash-buying arm of larger local brokerage Model Realty , Model Realty Cash Offer gives sellers under a time crunch or with a distressed property the opportunity to sell their home as-is.
HomeLight
MARCH 21, 2022
House flippers look for specific improvements to boost equity, such as cosmetic updates, mechanical repairs, an addition, or a change to the layout. Doug Van Soest , who owns a house flipping business in Southern California, purchases an average of 40 to 50 homes per year and says he typically aims for at least a 10% return on his investment.
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