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A recap of gen AI use cases at FHFA’s 2024 TechSprint

Housing Wire

AI is learning all the time, which means it has to be fed and trained on accurate, up-to-date data. The renter is presented with results they are prequalified for that fit their criteria and the app connects them with landlords/property managers. Those updates have to be baked into the process from the beginning.

Tools 360
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Opinion: Who decides what American neighborhoods look like?

Housing Wire

Concepts like getting a mortgage, taking out a line of credit, buying and selling a property and becoming a landlord are rarely part of classroom discussions or dinner-table conversations, unless your family happens to be in real estate. Whether you’re renovating homes or selling skyscrapers, real estate requires networking and patience.

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What’s a House Worth? Wall Street Turns to Drive-By ‘Appraisals’

Realtor

BPOs have been used to value collateral in the more than $20 billion of bonds sold by institutional landlords, such as Blackstone’s Invitation Homes Inc., Unlike appraisers, people who perform BPOs don’t need much training or an appraisal license since the estimate is simply meant to suggest listing prices.

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What’s a House Worth? Wall Street Turns to Drive-By ‘Appraisals’

Realtor

BPOs have been used to value collateral in the more than $20 billion of bonds sold by institutional landlords, such as Blackstone’s Invitation Homes Inc., Unlike appraisers, people who perform BPOs don’t need much training or an appraisal license since the estimate is simply meant to suggest listing prices.

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What Do I Need to Know About Lead Paint in a Home?

Lamacchia Realty

In 2010, the Environmental Protection Agency (EPA) passed a rule called the Renovation, Repair, and Painting (RRP) Rule requiring firms to use EPA-approved training providers and follow lead-safe work practices when having work done. In Maine , landlords are required to provide certain disclosures to their tenants about lead paint.

Buyers 74
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Are Appraisers Professionals?

Appraisal Today

I was first trained as a scientist, starting with my high school biology class. I have always been a professional appraiser since I started in 1975, trained at an assessor’s office to do what is in this article. What about a degree in another field that did not include any appraisal-related training? I got it for MLS access.

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28 real estate niches brimming with potential

Housing Wire

An in-depth knowledge of home renovation and a keen eye to spot diamonds in the rough. Agents who succeed in this niche counsel buyers on the renovations that offer the best return on investment. Also, if you have a knack for renovations and interior design, this will be an ideal real estate niche for you.