This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Housing Connector , a housing nonprofit that’s powered by Zillow technology, is launching in Austin, according to an announcement on Tuesday. In addition to helping those in need find housing, the nonprofit also provides property owners and managers with financial and tenant support.
The integration will allow agents and brokers to access RentSprees rental tools such as tenant screening, rental applications, payments and rent estimate reports through Docusigns suite of real estate products. The goal is to reduce administrative tasks and improve efficiency in the rental process, company leaders said.
Understanding rental pricing trends, vacancy rates, and localized demand shifts will be critical in serving both tenants and property owners effectively. Those who leverage technology, data insights, and streamlined leasing processes will be best positioned to thrive in this increasingly competitive space.
Technological Advancements in Real Estate: A look at emerging technologies with the potential to reshape real estate transactions and property management. Stone also served as Vice Chairman of Metrocities Mortgage, and as Chairman of The Stone Group, an Austin, Texas-based tenant-represented brokerage company.
Challenges and harnessing the power of technology The challenges any rental property owner most commonly faces include finding dependable tenants, ensuring regular rent payments, meeting the changing needs of today’s renters and managing their properties effectively and efficiently.
Over 30% of the income of over 10 million senior tenants was spent on housing. Technology Barriers: Nearly half (44%) and two-thirds (64%) believe they require smart security features and a medical alert system, respectively, to keep them secure and independent, but broadband access and affordability are still issues. Only 36.5%
Finding the best tenant is an uphill battle for some landlords. Then, they often face dissatisfied tenants, pesky maintenance issues, and tenants who cant or wont pay their rent on time and in full. TurboTenants property management technology solutions can prevent that. Managing tenants is hard. Among those 10.6
Ryan Barone, RentRedis co-founder and CEO, said that landlords are increasingly seeking efficiency through technology. Using our platform to streamline processes from listings and tenant screening to rent collection and maintenance coordination allows landlords to work efficiently and scale quickly.
The buyer rents the home as a tenant first, typically paying an up-front fee or down payment under an option contract to preserve the right to purchase the property within a set time period. For example, the sellers, usually also the landlords, are generally responsible for keeping the property safe and livable for tenants.
In addition, her office alleges that EasyKnock violated some of Massachusetts’ landlord-tenant laws. “I Some of these changes include lowering rents for some existing tenants and complying with state landlord-tenant laws. Under the terms of the settlement EasyKnock must comply with all landlord-tenant laws.
Blanket is property management software that centers on portfolio growth rather than reactive, day-to-day oversight of rental properties. It can do the latter, but the former makes it a unique entry to the market worth consideration for anyone who wants become a full-time landlord.
The landscape of real estate is undergoing significant transformations in 2024, driven by a confluence of technological advancements, shifting market dynamics and evolving consumer behaviors. Remote work: Technology enablement creates more flexibility and freedom.
Las Vegas -based housing technology startup BOXABL on Tuesday announced that it has received approval to begin selling a factory-built accessory dwelling unit (ADU) in California , which could provide more options in a state strapped for affordable housing options.
In a joint statement , the Civil Rights Division of the DOJ, CFPB, FTC, and EEOC outlined a commitment to enforcement of existing laws and regulations despite a lack of regulatory oversight currently in place regarding emerging AI technologies. Private and public entities use these [emerging A.I.]
Mortgage technology firm Xactus named Michael Crockett as its chief operating officer. In his expanded role, Crockett will guide day-to-day operations and key departments at Xactus, including credit, verifications and tenant screening. He previously served as the company’s chief data officer.
Our team was very diverse in experience levels and background, and I think that helped us come up with a good solution, which was around consumer experience, tenant screening and some credit and underwriting. SW: What were some of the things your team considered? ML: One lens we used was the fraud that exists today.
Those new investments include venture capital plays, particularly in the financial-technology arena. Abate described technology as being key to “building efficiencies” to accomplish the real estate investment trust’s goals. To date, RWT Horizons has made 21 investments in 18 companies. Oasis Pro Markets , a U.S.-regulated
According to RentRedi, the platform provides landlords with a web and mobile app that serves a number of tasks in the process of renting a unit, including collecting rent, marketing vacancies, screening tenants, signing leases and organizing maintenance. NAR has been busy adding partners this year to its Realtor Benefits Program.
These strategic integrations will provide agents in Utah, Colorado and Texas with an instant “ApplyLink” for rental listings , significantly reducing the time spent processing tenant applications. Additionally, RentSpree’s tenant screening functionality will be seamlessly integrated into the MLS listing modules.
The study, which examined more than 336,000 evaluations for 11,300 multifamily homes, demonstrates unequivocally that, although desirable locations and first-rate amenities are important, online reviews from present and former tenants are what really influence rental decisions. With an average rating of 4.57 stars by 0.44.
The company offers direct-source data portability tools for mortgage, lending, banking, background and tenant screening, and other use cases. Argyle’s technology has helped numerous businesses to streamline their income and employment verification processes.
Boom's new product will allow virtually any large-scale property management platform or rent payment gateway to directly embed its payment reporting module for faster, simpler reporting of tenant payment records.
The bill, which Governor Gavin Newsom signed into law last year, requires landlords to offer tenants the option to have their on-time rent payments reported to credit bureaus. This is where technology comes in. The growing use of technology in the housing industry reflects a broader shift toward more efficient and accessible solutions.
Pareja believes there should be exceptions, such as when a property is owned by a high-profile person, if it is tenant-occupied or if it’s still under construction. To close out the conversation, Wheeler asks Pareja about how the new rules and evolving technology impacts the industry in terms of who gets the customer first.
Today, modern technology , including Pretium’s platforms, cut out the middleman by allowing firms to invest directly in assets, decide the kind of leverage they want and determine how Pretium will manage the assets over time.
And, finally, the House subcommittee reported that the “total number of tenants behind on rent and fees increased by almost two-fold [over the survey period], with tenants with rental arrears increasing from 11.3% in 2021, and the number of tenants with fee arears increasing from 10% in 2018 to 20.7% in 2018 to $205.29
Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. Knox oversees a portfolio of more than $100 million in investment properties, and was named one of HousingWire’s 2021 Tech100 companies.
” The FTC claims that the company hid certain fees — such as those for smart-home technology, air filters and internet packages — that potentially added more than $1,700 per year to the cost of renting. This resulted in the return of only 39.2%
We’re already in the tenant space and in the auto space, she said. Rollout of the newly enhanced platform will take place in phases and is set to include integrations with loan origination systems, point-of-sale platforms and government-sponsored enterprise certifications, according to TransUnion.
Sarah Wheeler: The idea of “responsible AI” points to how different AI is in scope and potential (for good and bad) compared to other kinds of technology. Can you remember another time when we would apply that kind of framework to a specific technology? Brooke Anderson-Tompkins: This is a great point.
HousingWire’s virtual demo days are designed specifically to help mortgage industry decision makers identify the technology solutions they need to operate efficiently and securely. “In the early days of the pandemic, we acted quickly to help remove the threat of eviction for residents of the more than 4.2 Mortgage Tech Demo Day.
Effective natural language processing technologies extract deeper meaning from unstructured data to make a difference in the lives of countless would-be homebuyers who are credit invisible or have not had the ability to obtain access to affordable housing finance. The role of consumer transaction data in increasing homeownership access.
Embrace technology If you still rely on paper and pen, it’s time to enter the 21st century. Technology is critical when it comes to streamlining communication, managing data, and responding to emergency situations. Think about real estate professionals who thrived during the pandemic , compared to those who struggled.
. “His experience running a marketplace that connects millions of consumers with enterprise customers is particularly relevant to RentPath, whose core business is connecting people looking for long-term home rentals with property owners and managers looking for prospective tenants,” Kelman said.
How technology supports agents. Apartments.com leads the industry in providing advanced tools and the most innovative rental technology available. With map drawing tools, high resolution photos and video, and online applications, potential tenants can make housing decisions from the comfort of their own home.
RentSpree offers rental software solutions such as tenant screening, online applications, document automation, e-signatures, denial and approval communications as well as property landing pages. In October , RentSpree also added a rent reporting feature.
But technology — particularly leveraging generative AI — can help solve these challenges in new ways. The sprint culminated with a demo day on Thursday where 12 teams presented their solutions to a panel of technology, regulation and housing experts. Each team presenting a use case had to address risk and compliance concerns.
The current project location is still operational and occupied by key information technology teams and senior leaders. million in tenant improvements in North Carolina since 2021, the letter added. Pennymac invested more than $1.5
In October 2022 , JPMorgan Chase launched a platform that automates the invoicing and receipt of online rent payments, serving property owners, managers and tenants. It’s a win-win.” RentSpree was ranked #992 on Inc. 5000 ’s fastest-growing private companies in 2023.
By year end, he said, 73,000 tenant households across 284 properties had been offered the program, DeVito said. Hayden, who will serve on the GSE’s committees for operations and technology, as well as the committee on risk, started his career as a loan officer and loan purchaser.
Technology company Entrata, which builds an end-to-end business solution for the multifamily sector, has acquired industry colleague Rent Dynamics in an all-cash nine-figure deal, according to Entrata.
HousingWire recently spoke with Kevin Koon-Koon, chief technology officer at Grid 151, about streamlining and simplifying how mortgage lenders interact with the rest of the ecosystem. Kevin Koon-Koon: Many mortgage lenders have invested heavily into technology, people and process improvement to modernize the homebuying journey.
Its ability to remove friction from the buying and selling process, while adding assurance, flexibility, and customer-centricity, aligns perfectly with our core tenants here at Flyhomes. This deal strengthens our offerings and gives us more tools to serve more customers looking for a better way to buy and sell a home.”
As a result, landlords can align rental prices, and tenants are limited in their ability to successfully negotiate counter offers or seek discounts. This type of conduct is egregious.” The complaint alleges that landlords using YieldStar agreed to provide RealPage “competitively sensitive data” that isn’t available to the public.
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content