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Revive launches AI-powered listing tool for real estate agents

Housing Wire

Revive has released a new tool named “Revive Vision AI” designed to assist real estate professionals in property valuation. This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation.

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Savvy real estate agents look beyond ChatGPT

Housing Wire

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job?

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Seattle’s already-hot real estate market is exploding

Housing Wire

Most of those workers saw their net worth increase in the past year, and they chose to invest much of that new money into real estate. The number of days on the market before an offer is accepted is usually six days, and everyone knows it’s going to sell above market value.”

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Real estate investors snagged more entry-level houses than ever: Redfin

Housing Wire

Real estate investors purchased 26.1% I get tons of emails every day from investors looking for properties, but of course, they only want homes that are under market value, which are hard to come by. But the appetite for homes remains healthy, Orlando-based Redfin agent Juan Castro said. a year earlier) and 15.9%

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Real estate appraisals: What agents should know

Housing Wire

What is a real estate appraisal? A real estate appraisal is the assessment of a property’s value. The client can find their own appraiser, or real estate agents can recommend appraisers they have worked with before. At this point, an estimated market value is generated.

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Portrait of a pre-foreclosure peacemaker

Housing Wire

My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I Helping the seller understand the true market value of the home given the condition can also be a challenge.

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Joint ventures between title firms and real estate companies are under the microscope

Housing Wire

In 1983 Jim Campbell launched what is believed to be the first joint venture experiment between a real estate brokerage and a title and settlement firm. Campbell is now something of a JV guru, having completed over 80 joint ventures with real estate or lending firms. Image was created using MidJourney.