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Faira CEO Kamal Jain Presents Science Behind Faira to UC Berkeley

On September 6th, 2019, Faira CEO Dr. Kamal Jain traveled to Berkeley, CA to give a presentation at the Simons Institute for the Theory of Computing at the University of California Berkeley.

Dr. Jain, who holds a PHD in computer science, presented the design process behind Faira from a game theory perspective. Using data collected from Faira's extensive home transactions, Dr. Jain also demonstrated how Faira's state-of-the-art online platform reduces the real estate transaction failure rate to just 1%—compared to 5% in the industry at large.

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Home Selling, save money, Tips For Sellers

Selling your home to an iBuyer? Don't leave money on the table!

You may have heard about this trend in the real estate market: iBuyers. What are they, how do they work, and what should you know before selling your home to one? In this article, we'll tell you everything you need to know.

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Real Estate, Home Selling, Home Buying, PropTech

Redfin Direct vs Faira

Imitation is the sincerest form of flattery. This week, Redfin released a new tool to enable buyers to make offers on homes online without an agent. Some top news publications covered the story:

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Home Buying, 2019 housing

Faira's Offerings for Buyers Crush the Cash Back Competition

Faira started out with the goal of making home sales easier and more transparent, and from that, our seller program was born. It just so happens that we created a system that's just as exciting for buyers.

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Real Estate, Home Selling, Home Buying, 2019 money, 2019 Projections, hot housing market 2019, 2019 housing

Seattle Market Watch: The 5 Things You Need To Know

Earlier this week we talked about the most recent signs that the Seattle housing market is heating up again - just in time for the Spring season. Looks the trend continues with the latest report from the NWMLS.

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Is the Seattle Cooling already over?

Seattle housing has been in cool-down mode for more than 8 months. Sellers have had to lower prices, inventory has increased, and buyers have been getting better deals. But now, new reporting shows a 15% year over year uptick in January's pending sales. That refers to the number of homes that went under contract that month. 

 “This is a crucial time for buyers who’ve been waiting for the right moment,” says Faira CEO Kamal Jain, “because we’re in this short window before the spring season. Taking this new data into consideration, there may not be much more opportunity to get a home under contract for less than listing, like there was in the back half of 2018.”

The bottom line for buyers, says Jain: “Jump in now, or risk getting priced out once the spring season gets into full swing.”

For sellers? Don't expect to get out without negotiations, says Jain, "but the opportunity for profitability, especially with our platform, is absolutely there, and just getting stronger."

Learn more about selling with Faira here:

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Real Estate, Home Selling, Pricing, Tips For Sellers, Sell in Spring

Tips For Sellers

Alright, the snow has (finally) melted, some bulbs are peeking through the ground, and maybe - just maybe - it's starting to feel like Spring is right around the corner.

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Real Estate, Home Selling, Home Buying, PropTech, 2019 housing

The 12 Things Technology Made Obsolete

If you've been de-cluttering and finding things that spark joy, that means you've probably found a few things at the bottom of a cardboard box that don't spark joy. Perhaps you even found a few relics of the past?

Well, we have too, and it got us thinking: What are some things we used to use all the time that technology has rendered... pretty much useless.

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PropTech, Faira Growing, 2019 Projections, PropTech Investment

Faira part of the PropTech boom expected in 2019

Real estate’s big tech disruptors are poised for a big 2019. Top venture capitalists recently told Forbes that they expect continued investment in PropTech in the next 12 months, “with more deals done and more capital deployed.”

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Real Estate, Home Selling, Home Buying, 2019 Projections, hottest markets, hot housing market 2019, hottest housing markets, 2019 housing, Zillow Top 10

Bay Area stays hot, Seattle drops off

Zillow has released its list of hot housing markets for the next 12 months. And if this list had a theme song, it would be California Love. San Jose is Zillow's #1 hottest housing market for 2019, San Francisco is #6, with San Diego coming it at #10.

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