Index Investing News
Thursday, May 29, 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

Simply Listed | 50 SE Twelfth Road #2640

Simply Listed | 50 SE Twelfth Road #2640

by Index Investing News
May 29, 2025
0

BEAUTIFUL IN BOCA RATON2 Beds | 2 Baths This superbly up to date unit is ideal for FAU college students...

GBI Particular Report: Leveraging Frameworks, Navigating Dangers

GBI Particular Report: Leveraging Frameworks, Navigating Dangers

by Index Investing News
May 28, 2025
0

Throughout Inexperienced Buildings Initiative’s Higher Buildings Seminar, a panel examined the design and development of a knowledge heart in Reno,...

Simply Listed | 15048 Eighty fifth Highway N

Simply Listed | 15048 Eighty fifth Highway N

by Index Investing News
May 28, 2025
0

AMAZING IN THE ACREAGE4 Beds | 2 Baths This charming, Farmhouse impressed residence sits on 1.37 personal acres and is...

CPE Government Council: How Will Tariffs Have an effect on Capital Expenditure?

CPE Government Council: How Will Tariffs Have an effect on Capital Expenditure?

by Index Investing News
May 28, 2025
0

Tariffs have been on everybody’s minds lately. And whereas the quantities hold altering, it is necessary for these in CRE...

Walmart Buys Pittsburgh Procuring Heart for M

Walmart Buys Pittsburgh Procuring Heart for $40M

by Index Investing News
May 29, 2025
0

Century Sq. is one other Pittsburgh-area retail heart that modified palms lately. Picture courtesy of Crimson Mountain Group Inc. Walmart...

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

Networking Suggestions That’ll Improve Your Internet Price

Networking Suggestions That’ll Improve Your Internet Price

June 4, 2022
Book Review: The Paradox of Debt

Book Review: The Paradox of Debt

October 13, 2023
What it’s worthwhile to know proper now

What it’s worthwhile to know proper now

May 5, 2022
Accounting for firms’ worth creation and societal influence

Accounting for firms’ worth creation and societal influence

March 18, 2022
Did Inflation Kill the CAPM?

Did Inflation Kill the CAPM?

June 25, 2024
Bitcoin Bulls Keep Pushing, Why Increase Isn’t Over Yet

Bitcoin Bulls Keep Pushing, Why Increase Isn’t Over Yet

January 31, 2024
Putin discusses ‘multipolar international order’ with China’s Xi after Trump inauguration

Putin discusses ‘multipolar international order’ with China’s Xi after Trump inauguration

January 21, 2025
What {Couples} Ought to (& Should not) Do to Align Funds

What {Couples} Ought to (& Should not) Do to Align Funds

December 31, 2024
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