Index Investing News
Wednesday, May 28, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Plunk To Provide Mobile Valuation Smarts To California-Based The MLS

by Index Investing News
October 30, 2022
in Property
Reading Time: 4 mins read
A A
0
Home Property
Share on FacebookShare on Twitter

Real estate software company Plunk is partnering with The MLS/CLAW, a large multiple listing service in southern California, to provide its flagship home value analytics solution to members.

Join industry visionaries Pete Flint, Spencer Rascoff, Ryan Serhant and more at Inman Connect New York, Jan. 24-26. Punch your ticket to the future by joining the smartest people in real estate at this must-attend event. Register here.

Real estate software company Plunk is partnering with The MLS/CLAW (Combined LA, Westside), a large multiple listing service in southern California, to provide its flagship home value analytics solution to members of the multiple listing service, it was announced.

Plunk’s mobile, dynamic value analytics software actively integrates live market data, covering 104 million homes, with a range of prospective upgrade projects to arrive at a potential future value. Users—agents, vendors and homeowners—are given a dashboard of comparison tools, such as charts, a proprietary scoring algorithm and other metrics to better understand how a home would fare on the open market.

The MLS serves over 20,000 agents and brokers with active, past and pending real estate data, business software tools and brokerage resources. It’s active in some the Golden State’s most lucrative markets, such as Beverly Hills, Malibu, Hollywood Hills, West Hollywood, Pasadena and Palm Springs.

“Now more than ever, it’s important to find new and effective ways to give our members a unparalleled advantage to thrive in this constantly changing market,” said Annie Ives, CEO of The MLS, in a statement. “Innovation is vital to our members’ growth and success.”

Determining, and numerically demonstrating home value is going to become increasingly critical as the country enters an odd market period. Sales have slowed, a recession is pending, interest rates are up, yet sellers are holding firm, keeping inventory low. When inventory is low, value traditionally remains high, leading to agents industry-wide not knowing how best to advise clients.

In its most recent earnings call, Anywhere Real Estate’s executive vice president and chief financial officer Charlotte Simonelli specifically addressed inventory.

“I can’t emphasize enough how the continued lack of inventory contributes to this drop-off,” she said. “Many homeowners are locked into their current homes with low mortgage rates creating a barrier to new supply coming onto the market.”

Tools like Plunk can provide agents with additional market insight to show in listing presentations and before buyers write offers.

Those agents will be able to leverage the majority of Plunk’s functionality, including its AVM (automated valuation model) features an market insights tool. Additionally, Plunk’s Refined Value module, which empowers agents to hone value by intricately editing property details, and its Remodel Value, a feature that examines the financial impact and market appeal of a remodel.

In an Inman review, Plunk was described as mature beyond its relative launch date, as well as “polished, engaging and able to distill vast amounts of property intelligence to help its users arrive as close as possible to what a home may go for on the open market.”

The app classifies remodel projects according to levels of quality, each including regionally verifiable costs from construction and labor statistics databases. Users can juxtapose a range of build qualities against the market’s inventory similarities. Users can upload images and give the home a Condition Score, as an appraiser would, such as Disrepair, Economy, Stock, Semi-Custom, Custom, Luxury.

“This critical partnership keeps them ahead of the industry,” said David Bluhm, Co-founder and President of Plunk, about The MLS, in a press release. “We will provide real-time access to the most advanced property and market valuation tools — whether they’re on their computers or their mobile phones.”

Plunk is based in Bellvue, WA. It earned $6.5 million in seed funding in May, 2021 and was a member of NAR’s Reach Accelerator Class of 2021.

Email Craig Rowe





Source link

Tags: CaliforniaBasedMLSmobilePlunkProvideSmartsValuation
ShareTweetShareShare
Previous Post

Pending Home Sales Retreat 10.2% In September

Next Post

RCG Ventures Sells Florida Retail Center – Commercial Property Executive

Related Posts

How To Get a Actual Property License at No Price With Keller Williams & KSCORE®

How To Get a Actual Property License at No Price With Keller Williams & KSCORE®

by Index Investing News
May 27, 2025
0

Money and time will be two of the largest obstacles standing between a scholar and their academic targets. These roadblocks...

Simply Listed | 236 Village Boulevard #1303

Simply Listed | 236 Village Boulevard #1303

by Index Investing News
May 27, 2025
0

LOVELY IN LIGHTHOUSE COVE1 Mattress | 1 Bathtub STOP RENTING - START OWNING! Really feel proper at residence on this...

Crow Holdings Indicators 250 KSF Tenant at Inland Empire Challenge

Crow Holdings Indicators 250 KSF Tenant at Inland Empire Challenge

by Index Investing News
May 27, 2025
0

Crow Holdings Growth has signed a 250,369-square-foot, long-term industrial lease in Ontario, Calif., with CTK USA, the U.S. subsidiary of...

Complete Industrial Actual Property Borrowing and Lending Elevated in 2024

Complete Industrial Actual Property Borrowing and Lending Elevated in 2024

by Index Investing News
May 27, 2025
0

Supply: Mortgage Bankers Affiliation Complete industrial actual property mortgage borrowing and lending is estimated to have totaled $498 billion in...

Macland Sq. – A 55+ Senior Neighborhood

Macland Sq. – A 55+ Senior Neighborhood

by Index Investing News
May 27, 2025
0

    Macland Sq. – A 55 Plus Senior Neighborhood in Marietta, GA   Welcome to Macland Sq., a premier...

Next Post
RCG Ventures Sells Florida Retail Center – Commercial Property Executive

RCG Ventures Sells Florida Retail Center – Commercial Property Executive

Lovett Industrial Breaks Ground on Houston Project – Commercial Property Executive

Lovett Industrial Breaks Ground on Houston Project – Commercial Property Executive

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Forest Guards Risking Their Lives To Maintain Malawi’s Forests Standing — International Points

Forest Guards Risking Their Lives To Maintain Malawi’s Forests Standing — International Points

April 1, 2025
Sri Lanka seems to be for brand new chief after ousting of president

Sri Lanka seems to be for brand new chief after ousting of president

July 11, 2022
Senior housing that seniors actually like

Senior housing that seniors actually like

February 1, 2023
From No to Sure: Persuading Purchasers with the 3Ps Technique

From No to Sure: Persuading Purchasers with the 3Ps Technique

July 9, 2022
Former Realtor President Sues NAR Over Three-Means Settlement

Former Realtor President Sues NAR Over Three-Means Settlement

January 8, 2025
New Seed Financial institution to Assist Agriculture of the Future — International Points

New Seed Financial institution to Assist Agriculture of the Future — International Points

March 30, 2022
Amazon Net Companies Outage Disrupts Binance, KuCoin Withdrawals: Buying and selling Disruptions Proceed

Amazon Net Companies Outage Disrupts Binance, KuCoin Withdrawals: Buying and selling Disruptions Proceed

April 15, 2025
Ukraine’s Lesia Tsurenko takes authorized motion towards WTO over ‘ethical abuse’

Ukraine’s Lesia Tsurenko takes authorized motion towards WTO over ‘ethical abuse’

April 17, 2025
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In