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Recap: Valuation Expo 2021

Appraisal Buzz

As a southern California property appraiser, each year I attend Valuation Expo , the country’s largest trade show for real estate appraisers. Buyers and sellers? The construction industry? But they’ll eventually deliver lucidity — allowing buyers, sellers, agents, appraisers, and lenders to plan and budget accordingly.

Valuation 195
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RealReports enhances property document analysis with new multimodal AI feature

Housing Wire

The new feature harnesses the capabilities of multimodal artificial intelligence to instantly analyze and summarize complex property documents, including inspection reports, appraisals and seller disclosures. It can also help agents clearly communicate their unique value and services to homebuyers, sellers and others.

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The homegenius Platform gives consumers deeper insights in the home buying and selling journey

Housing Wire

The platform helps to differentiate from the competition with real-time and augmented property valuation estimates, unique AI-driven property search, personalized market intelligence, valuable real estate agent connections, potential savings and rebates*, and more. Find their dream home faster. Evaluate properties instantly.

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The current REO market requires an expansion of services for business growth

Housing Wire

Balancing supply and demand is a delicate dance between new construction and existing properties. Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers. HW: How can REO asset managers keep costs low and improve margins?

Business 362
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Valuation – How Much is My Property Really Worth?

Simonson Real Estate

Whether you’re the purchaser looking for financing, the seller hoping to attain maximum profit, the appraisal review department at a bank, or an attorney –the value is what provides you with the confidence to make the right decision for your situation. The post Valuation – How Much is My Property Really Worth?

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Frustrated homebuyers turn to fixer-uppers

Housing Wire

Most sellers, if given the choice, would seldom choose a lengthy construction financing process to a cash offer on a dilapidated house. Snover said that few real estate agents suggest that buyers purchase a home with a renovation loan, sometimes because they are unfamiliar with the process — which has its complexities.

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Investor Insights: How to Thrive in CRE Amid Challenging Market Conditions

Appraisal Buzz

This is a reality that many sellers are unwilling to accept unless they are forced to. Many current sellers have begun a renovation but have run out of money prematurely as inflation has caused cost overruns and capital is less available to fund shortfalls. These sponsors may skip steps and cover up shoddy work.

Investors 195