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Doorstead Raises $3.3 Million to Create the Opendoor for Rentals

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Doorstead, an operations technology company, has raised $3.3 million in funding, according to an October 8 press release. The company has pioneered a new class of property management called “iRenting,” a model that provides landlords with a guaranteed rental income, regardless of occupancy, with rental offers within hours. Doorstead was co-founded by Ryan Waliany and Jennifer Bronzo. Waliany was previously a technology-operations expert at Uber. Bronzo is a tech entrepreneur

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Research Shows Solar Energy Systems Increase Property Values

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According to recent research by Zillow, adding a solar energy system to a home can increase the property value by as much as nearly 10% in addition to lowering electricity bills. Zillow’s research found that more than 80% of home buyers cite energy-efficient features as being important. The sale premium varies by market. For example, in the greater New York City metro area, solar-powered homes have a premium (5.4%) that

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Home Flipping Returns Drop

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U.S. home flipping returns dropped to a nearly eight-year low in the second quarter of 2019. That’s according to a second quarter U.S. Home Flipping Report that ATTOM Data Solutions released on Sept. 19. The report showed that 59,876 U.S. single family homes and condos were flipped in the second quarter of 2019, a 12.4% percent increase from the previous quarter, but a decrease of 5.2% from a year ago.

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Fannie Mae Releases Results of Reperforming Loan Sale Transaction

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Fannie Mae has released the results of its 13th reperforming loan sale transaction. The deal, which was announced Aug. 13, 2019, included the sale of approximately 29,400 loans totaling $5.1 billion in unpaid principal balance, divided into six pools. The winning bidders of the six pools for the transaction were Goldman Sachs Mortgage Company for Pool 1; Towd Point Master Funding LLC for Pools 2, 3, 4; NRZ Mortgage Holdings,

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Prevu Raises $2 Million in Seed Funding

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Digital home-buying platform Prevu has raised $2 million in seed funding. The round, which was led by Corigin Ventures, closed September 12. Rather than focus on the seller experience, Prevu was designed for buyers. Prevu’s Smart Buyer platform equips buyers with the tools and advice they need to guide them through the early phases of the homebuying process. The company’s agents are on hand to answer questions and assist buyers

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Keller Williams Expands to Japan

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Keller Williams has awarded a new master license in Japan. The real estate technology franchise now has more than 50 market centers and 2,164 agents across 10 countries and regions in Asia. Since launching in 2012, Keller Williams Worldwide now has more than 200 market centers, operating outside of the U.S. and Canada, across 39 regions globally. Collectively, Keller Williams Worldwide has more than 9,469 agents, a 36.3% increase since

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