Skipton Building Society has partnered with Rightmove in a move that will see the society use the platforms enhanced automated valuation data technology.
The move brings benefits for residential lending purposes as more customers will benefit from an automated valuation at the point of application and may be able to receive day-one offers, provided the case has been properly packaged.
The technology gathers data from more sources too, which means customers can take comfort in the knowledge that they’ll have the most up-to-date mortgage valuation for the property.
By Kate Weber on Mar 5, 2021 1:18PM
Creates new role.
REA Group has appointed Kris Matthews to the newly created role of chief product, data and insights officer at the company’s data division PropTrack.
PropTrack provides market insights via property statistics and valuation tools such as their automated valuation model (AVM), which generates real-time property values.
Matthews joins from national e-conveyancing platform Property Exchange Australia (PEXA), where he spent the last seven months as chief data and analytics officer.
He previously spent 20 years at CoreLogic, including as chief data and operations officer and, more recently, executive general manager international and new markets.
If you’re looking to buy or sell a home in the Valley, do your homework. Author: Trisha Hendricks Updated: 10:44 AM MST February 21, 2021
PHOENIX The hot real estate market in Phoenix has many homeowners thinking about selling, especially since the home value growth is up more than 15% since December of 2019.
But Phoenix real estate agents are finding sites like Zillow, which use an Automated Valuation Model to determine a home’s value, are overestimating what a house is actually worth.
How can you know a home value estimate is too good to be true?
The median error rate of the Zestimate for on-market homes in Phoenix is 1.3%, Zillow spokesperson said in an email to 12 News. The company also clarified that Zestimates are supposed to act as the beginning of the home buyer s ezperience.
Press release content from Newswire. The AP news staff was not involved in its creation.
Rental Beast Study Shows Industry is Bracing for ‘A Multi-Million-Dollar Impact’
January 20, 2021 GMT
Rental Beast report on Zillow s changes to Rental Listing Policies.
SOMERVILLE, Mass. - January 20, 2021 - ( Newswire.com )
Real estate agents, teams, brokerages and multiple listing services (MLSs) nationwide are beginning 2021 with astonishment: The highest-traffic real estate website announced January 12 that it will no longer publish rental listings provided by local MLSs. Instead, every agent, team, brokerage and MLS must use its proprietary platform and pay $9.99 per listing, per week, to appear on a major competitor’s site.
Despite COVID, Delta Media Hits Record Growth in 2020, Poised for a Breakout Year in 2021
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CANTON, Ohio, Dec. 16, 2020 /PRNewswire/ No one expected real estate to experience a record-setting year in 2020, with the economic slowdown and banning of a number of real estate activities, including open houses. Yet existing-home sales jumped nearly 27% in October year-over-year, the average home price increased by almost 16%, and the annual adjusted rate home sales hit a record pace of 6.85 million. Because of COVID-19, real estate agents are using more tech tools in the last seven months than in the last seven years, said Michael Minard, CEO and owner of Delta Media.