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Porch breaks into insurtech with $100M acquisition

Housing Wire

Porch, led by CEO Matt Ehrlichman, acquired home insurance company Homeowners of America , mover marketing and data firm V12 , home inspection company Palm-Tech and roofing contractor software company iRoofing. The big acquisition is for Homeowners of America, an insurance company that operates in six states and is licensed in 31 more.

Insurance 455
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Buyer agency: a crucial historical shift in real estate

Housing Wire

With the advancements in technology, finding homes online has become easy and straightforward. Even on that topic, without this dedicated representation, a buyer would face the logistical nightmare of coordinating viewings with multiple listing agents, a task hindered by inefficiencies and delays.

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Where Are the Warehouses for Rent in Columbus Ohio? The Industrial Real Estate Wave Continues

The Robert Weiler Company

A more expansive, industry-friendly definition would likely include other logistics related to how staff is used to organize the warehouse space, the software required to manage the inventory, and the machinery necessary to move bulk items as quickly and efficiently as possible. Operating costs often include taxes, insurance, and maintenance.

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Why 2021 is a Good Time to Start an Appraisal Business and How to Do It

Real Quantum

For instance, Illinois has the tenth highest insured unemployment rate in the country at 7.6%. This is the percentage of people currently receiving unemployment insurance. Invest in the right technology. Despite the pandemic and its adverse effects, the US has seen a surprising surge in new businesses.

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Opportunities to improve the home-building process

Housing Wire

Considering how much construction technology, materials, and techniques have evolved, building a new home should be far simpler than it is. We can get to a 10 — I’m confident we will get to a 10 — but it’s unlikely unless we use technology to get there. The build process was a logistical nightmare from start to finish.

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Why Industrial Space for Rent Is the Hottest CRE Sector in 2021

The Robert Weiler Company

These buildings are a critical center for managing the distribution and logistical flow of products. A key characteristic of Class A Industrials is that they are near logistics hubs and growing population centers. These costs include insurance, utilities, maintenance, and repair costs.

Logistics 147
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Why Buy Commercial Real Estate? Deep Dive Into 6 Sought-After Property Types!

The Robert Weiler Company

Less Onerous Insurance Policies: While it’s valid that multifamily properties have more to insure, often, these policies are easier to read and manage. Insurance companies know these properties well and are ready to help navigate any communication stumbling blocks. Here, it helps to leave no stone unturned.