- Remtimes

Plunk and Xome Join Forces

The two firms to offer AI-powered real estate property valuation and predictive remodel analytics
August 24, 2023 | Staff Reporter | USA | Proptech

Plunk, the world's first AI-powered analytics platform for residential real estate, has partnered with Xome, a robust online real estate marketplace, to offer property investors AI-driven home remodel analysis. “Plunk enables investors to make more fully-informed, confident decisions,” said Brian Lent, Co-founder and CEO of Plunk. “Xome is already one of the world's largest home search and investment property resources, and now investors have access to the best search, valuation and renovation analysis tools — all on one website.”

Real estate investors searching for an auction property on Xome.com will now be able to analyse single family homes in greater detail leveraging the Plunk Remodel Value tool which offers insights on the expected valuation of properties after a full-scale renovation. Buyers can also view Project Recommendations, which highlight the remodelling projects that would add the most value to a specific property.

“Xome is committed to providing an informative and seamless homebuying experience, and we are excited to offer even more innovative solutions and financial insights to property investors looking for the highest returns on their real estate investments,” said Mike Rawls, CEO of Xome. “With these new tools, Xome clients can examine a variety of potential scenarios as they consider both the costs and value impacts of full rehab or smaller home improvement projects.”

“Plunk enables investors to make more fully-informed, confident decisions,” said Brian Lent, Co-Founder and CEO of Plunk. “Xome is already one of the world's largest home search and investment property resources, and now investors have access to the best search, valuation and renovation analysis tools—all on one website.”

The first phase of these new tools is now available on Xome.com, with expanded coverage and enhancements already in the works.

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