Real AI: Green Catch-22, AI Webinar, and The Creator (ugh)

By Kevin Hawkins with Korey Hawkins | Vol. 1 Post 4 Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday. AI and the Green Catch-22 Among the biggest risks that AI faces on its trajectory to impact nearly every aspect of our daily lives before we know it is the Green Catch-22. The paradox: On the positive side, AI has the potential to tackle the environmental impact of humans, from dramatically improving energy efficiency and reducing [...]

AI tied to CRMs is the first big wave

Do you hear that buzz? AI this, AI that? There is a lot of activity swirling around artificial intelligence, but also a lot of questionable noise and hyperbole mixed in with a few scare tactics. Some real estate agents may be wondering if this is just another Web3-NFT-cryptocurrency craze thing that will disappear if they ignore it. The answer from nearly every leading Tech CEO is a resounding – no! But agents are correct. AI is not going to replace them. However, real estate agents who don’t use AI are more likely to be replaced by agents who do. And [...]

Real AI: $300 billion, Digital Twins and Musk says he’s an idiot

By Kevin Hawkins with Korey Hawkins | Vol. 1 Post 3 Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday. Why Revive Vision AI is a game-changing use of AI Pre-sale renovation leader Revive kicked off their biggest product release – Revive Vision AI – with a huge Launch Party this week. This is precisely the kind of AI we need right now in real estate. First, a bit of background. The pre-sale renovation category is [...]

zavvie expands its Power Buying services to the mortgage industry

Here's the zavvie stat that tells you why agents will LOVE their LOs for putting together a cash offer for their buyers: mortgage-backed buyers had to make an average of 7 bids when buying a home, compared to just 1.1 offers when using cash.

Renwick Congdon: A gentle giant passes

Renwick Congdon, founder of Imprev, which he sold to MoxiWorks and Vector Capital in November 2019, shockingly passed away a few days ago at just 60 years old. He was my mentor and forever changed my life. As I posted in a comment on Greg Robertson’s Vendor Alley, Renwick was a gentle giant of the business world, a proud leader in EO, and a serial entrepreneur. He was my mentor, and I was blessed to be a loyal Imprevian, having worked for and with Renwick at Imprev for several years. He was a true thought leader of our industry and [...]

A big jump up for hot PropTech startup zavvie

MoxiWorks is a real estate industry titan, serving 800 brokerages and their 400,000 agents, connected to over 500 MLSs and 150-plus tech partners. Today, zavvie announced integration with MoxiWorks, making its white label marketplace for brokerages and vastly expanding its ability to offer iBuyers and Power Buyers solutions with the addition of MoxiWorks powered brokerages. zavvie integrates with MoxiPresent, known as the easy-to-use, feature-stuffed, and ultra-versatile real estate presentation builder. MoxiPresent can now showcase instant iBuyer offers for sellers and information about Power Buyers, including “cash offers” and “buy before you sell” modern bridge solutions for buyers and current homeowners. [...]

NFTs in real estate: Temporary faze or an enduring fixture?

Is the crypto world and NFTs sunsetting? Or is what's happening simply a reset shaking out the con artists, scams, and the hyperbole that had run amok? If you ask Joe Jesuele, he will tell you it's the latter. And Joe knows crypto and NFTs. Joe is a real estate entrepreneur, a tech innovator, a passionate problem solver, and a remarkably humble leader. Yet, he's purposefully remained an under-the-radar type of guy – until recently. As the Founder & CEO of HomeJab, the leading on-demand professional real estate photography and video marketplace for real estate pros, Joe is one of [...]

NCRMLS continues to expand: Now covers more than half of North Carolina

North Carolina Regional MLS has created an impressive and unique alternative to the data share models promoted by other MLSs. Through NCRMLS’s wholesale cooperative model, they have proliferated in North Carolina and now reach into southern Virginia with their latest announcement. What’s the big buzz? Jody Wainio, the current President of NCRMLS, explains the significant advantage of their wholesale cooperative model is that it brings everyone under one set of rules. It also ensures data integrity and fosters broker cooperation. But, most importantly, it eliminates duplicate MLS memberships and the accompanying fees. The data share models, Jody says, “can have [...]

By |2022-07-13T17:04:01-07:00July 13th, 2022|MLS, News, Press Releases|0 Comments

The Color of the Year is “Very Peri”

In describing the selection of the Color of the Year 2022, Pantone notes, “We are living in transformative times.” Like the hue of the newest color of the year – Very Peri, a muted purple tone – that may be an understatement! For those needing the Pantone number for their next printing project (wait, does anyone print much anymore?), it is Pantone 17-3938 on your Color Guide. Don't have your formula guide? You can get this special edition "Color of the Year" one at B&H in New York City for just $188 plus shipping. Back to the newest color of [...]

By |2022-01-27T07:25:10-08:00January 26th, 2022|Marketing, Research|0 Comments

RESO Unveils 2022 Board of Directors, Executive Committee Leaders

Every December, the election results are revealed that announce the new Board of Directors for the Real Estate Standards organization or RESO. And every year, a stellar slate of industry leaders take the helm at RESO to help guide its vision for a streamlined real estate technology industry. The real estate industry is well represented by this group, which includes: Rebecca Jensen, MRED; Michael Wurzer, FBS; John Breault, State-Wide MLS; and Richard Renton, Triad MLS; Todd Carpenter, NAR; Jason Normandin, NAR; Matt Cohen, CoreLogic; Bob Evans, Move, Inc.; and Mark Lesswing, T3 Sixty; Turan Tekin, Zillow Group; Andy Woolley, Homes.com; [...]

By |2021-12-09T05:49:44-08:00December 9th, 2021|Associations, Uncategorized|0 Comments

HomeJab Reveals Top Trends in Pro Real Estate Photos, Video, 3D Tours, Aerial and more

Do your agents use professional real estate photographers to shoot every listing? They should if they want to stay competitive, as today, 73% of all agents use professional photography to promote every property they list. Professional photos, video, virtual staging immersive 3D tours, aerial photography, and the use of twilight photos by agents are all covered in a brand-new survey from HomeJab. If you use professional photographers and other visual assets to promote your property listings and don’t know HomeJab, you should. Go to HomeJab.com and see for yourself how they connect you with top local photographers and deliver a [...]

Blame California for Rapid Home Price Increases Nationally

As you may know, homebuilders are out of inventory and are now resorting to auctioning off homes that are not even built, with no guarantee that you will get the house you buy for that price if building materials go up. Kevin asked, "How long will homebuilders be out of inventory?" A long time, I replied. "Why do you think that?" he asked. I shared my answer and Kevin suggested that I share it in a post – so here you go.

By |2021-04-16T09:06:13-07:00April 16th, 2021|Research|1 Comment