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MBA: Net Loss Tumult Eased for Independent Mortgage Banks in Q1

MBA: Net Loss Tumult Eased for Independent Mortgage Banks in Q1

by Phil Hall | May 18, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, U.S. Housing Market, WRE News Exclusive

There was bad news and good news for independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks during the first quarter of this year. The bad news: these entities reported a net loss of $1,972 on each loan they originated during the quarter,...
Zillow Debuts ChatGPT Plugin

Zillow Debuts ChatGPT Plugin

by Phil Hall | May 3, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow Group (NASDAQ: Z, ZG) has reinforced its place on the artificial intelligence bandwagon with its new Zillow ChatGPT plugin. According to the Seattle-headquartered company, the plugin enables use of conversational language for inquiring about specific property...
planetRE Unveils Aelo.Ai virtual staging platform

planetRE Unveils Aelo.Ai virtual staging platform

by Phil Hall | May 2, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

planetRE, a San Jose-based enterprise software company, is now offering Aelo.Ai, a fully automated artificial intelligence (AI) virtual staging platform designed to allow real estate agents and builders to show buyers and prelisted sellers a variety of home interior...
Spotlight On: Five New Real Estate Books

Spotlight On: Five New Real Estate Books

by Phil Hall | Apr 20, 2023 | Real Estate Agent Tools, Real Estate News, Spotlight On, WRE News Exclusive

So, have you read any good books lately? If you’re in the market for an engrossing and invigorating new book focused on the real estate world, here are five new titles that might satiate your bibliophile needs. “The Agent’s Edge: Secret Strategies to Win Listings and...
New Platform Details Commercial and Retail Properties for Lease and Sale

New Platform Details Commercial and Retail Properties for Lease and Sale

by Phil Hall | Apr 5, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The International Council of Shopping Centers (ICSC) has announced the launch of ICSC Marketplaces IQ, a centralized platform to search commercial and retail properties for lease or sale, perform market research, and conduct analyses. According to ICSC, the new...
Can a Pizza Oven Boost a Home’s Sales Price?

Can a Pizza Oven Boost a Home’s Sales Price?

by Phil Hall | Apr 4, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Attention, home sellers: having chef-friendly amenities can help speed the purchase of your property, often for a higher price. According to new research from Zillow Group (NASDAQ: Z, ZG), many buyers are willing to pay extra of luxury amenities. For example, listings...
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