Aivre hires Restb.ai, cuts appraisal time by half

Appraisal software company Aivre has hired computer vision company Restb.ai to help expedite its customer solution. A company case study found the software resulted in 50 percent time savings per appraisal.

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Appraisal software company Aivre has hired computer vision company Restb.ai to help expedite its customer solution, Inman learned in an April 24 statement.

A company case study stated that the addition of Restb.ai’s technology enables it to speed appraisal completion by more than 50 percent, or three hours per project, thus allowing Aivre to theoretically double the number of appraisals it can complete in a day.

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“Appraisers can instantly extract and classify key property features from photos, receive condition and quality scores for subject and comparable properties, and auto-populate GSE-compliant forms — without manually inputting or verifying the data,” the release stated.

Restb.ai’s computer vision is an AI that extracts data from still photography, learning to identify room contents and overall property quality with increasingly impressive accuracy. It’s been working in the residential real estate ecosystem for a number of years, largely through multiple listing services partnerships, and its effectiveness is compounded as it’s fed more photos.

It was announced in March that Restb.ai had been hired by 10 multiple listing services of late, affecting more than 45,000 agents. That announcement came after news in September that it had agreed to deals with 17 MLSs, at the time reaching 720,000 agents throughout the U.S. and Canada.

“We’re taking the first AI trained to autofill reports in UAD language to the next level through our joint efforts with Restb.ai,” said Jake Lew, Aivre founder and CEO, in the release. “Aivre frees appraisers from repetitive tasks, allowing them to focus on their expertise and deliver faster, more precise appraisals with greater efficiency.”

The case study Aivre conducted with Restb.ai segmented each step of an appraisal, listing the amount of time saved by use of the AI:

  • Collecting and validating property details (e.g., lot size, legal description): 20 minutes
  • On-site note-taking: 20 minutes
  • Floor plan validation: 20 minutes
  • Photo placement and labeling: 10 minutes
  • Comp selection and scoring: 60 minutes
  • Report typing: 60 minutes

“These gains aren’t just about speed — they’re also about accuracy,” said Nathan Brannen, Restb.ai’s chief product officer, in the release. “By automating more of the manual data fill appraisers enter into each report, we reduce human errors, increase consistency, and ultimately, enable appraisers to spend their energy analyzing and valuing the property.”

Restb.ai won the 2023 Inman Innovator Award in the Top Technology category.

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Oren Alexander renting out Miami Beach home at $55K per month

The waterfront home on one of the Sunset Islands was listed for rent last week by Corcoran’s Isaac Lustgarten, who previously worked with the Alexanders at Official. The home spans 4,267 square feet and has four bedrooms.

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Once top luxury broker Oren Alexander has listed his waterfront Miami Beach home for rent for $55,000 per month with the assistance of a former colleague.

Isaac Lustgarten of Corcoran Group, who previously worked with Alexander at Official, listed the property at 1611 West 24th Street on the Sunset Islands last week.

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According to the listing, the property was built in 1938, but photos show what appears to be a recently remodeled home. Alexander bought the 4,267-square-foot house, which spans four bedrooms and four-and-a-half baths, in 2021 via an LLC, according to records, and paid $9.8 million for it.

Alexander’s primary residence is located on a neighboring Sunset Island. Lustgarten did not immediately respond to a request for comment.

Oren, as well as his twin brother Alon Alexander and older brother Tal Alexander, are currently being held in a Brooklyn detention center while awaiting trial on federal sex-trafficking charges. The trial is scheduled for January 2026.

Oren and Tal launched Official Partners with Side in Miami and New York in 2022, alongside three business partners, after building their careers at Douglas Elliman over the course of 10 years. Alon was a private security executive for the family firm, Kent Security.

In addition to the federal charges, Alon and Oren face sexual battery charges by the Miami-Dade State Attorney’s office, and all three brothers face multiple civil lawsuits from women who allege that they drugged and/or sexually assaulted them. The brothers have denied all allegations.

Side also sued Oren, Tal and Official Partners last fall, alleging that they had defaulted on a $5 million loan that Side extended to them when launching their firm. The parties settled the lawsuit on April 18. Terms of the settlement were not disclosed.

It was reported in February that the Alexander family was shopping around their Miami homes while the brothers were awaiting next steps in their trial, even as Side had requested a preliminary injunction to prevent them from selling or leasing those properties in any way, as some served as collateral on their loan — including the property at 1611 West 24th Street.

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Keller Williams franchise grabs 20-agent team in Chicago suburbs 

Realty Executives Premiere and its 20 agents joined KW Premiere Properties to serve the greater Chicagoland. The firm transacted $130 million in sales volume last year.

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A Realty Executives franchise based in Chicago’s western suburbs has paired its 20-agent team with Keller Williams, according to a news release announcing the change.

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PRG Group, which was doing business as Realty Executives Premiere, will now affiliate with Keller Williams Premiere, according to the release. 

Led for over three decades by Pat Callan, Realty Executives Premiere sold 277 units last year, or $130 million in sales volume.

“No one else came close to Keller Williams when we assessed the top brands in real estate for culture, training and technology,” Callan said in a statement. “Keller Williams is a place for agents to thrive.”

Callan will serve as senior advisor to Keller Williams Premiere Properties as part of the move.

“We are thrilled to welcome Pat and the exceptional agents of PRG Group, LLC to the KW family,” said Jeannine Prombo, Keller Williams Premiere Properties team leader. 

HousingWire first reported the move by PRG Group.

The addition is only the latest change as Keller Williams battles other mega firms to attract and retain teams. 

Last month, Austin James Realty, an independent brokerage in Virginia, officially joined Keller Williams Coastal Virginia Chesapeake.

In December, one of South Jersey’s top teams left Keller Williams for eXp Realty when the 15-agent Quintin Group left the franchise.

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The private listing debate just got real: Inman Top 5

Turn up the volume on your real estate success at Inman On Tour: Nashville! Connect with industry trailblazers and top-tier speakers to gain powerful insights, cutting-edge strategies, and invaluable connections. Elevate your business and achieve your boldest goals — all with Music City magic. Register now.

Every Friday, Inman Service Editor Dani Vanderboegh rounds up the most popular, most read, most critical stories of the week to give you a quick catchup on the big headlines you might have missed in the hustle and bustle of the workweek. Here’s this week’s Top 5 as chosen by our readers.

P.S. Don’t miss The Download, our weekly column that breaks down one of the week’s top stories and equips you with what you’ll need to meet next Monday head-on.


For-sale by owner on a desktop computer.

In most markets, the portal has resumed displaying non-MLS listings alongside other properties in spite of NAR’s no-commingling rule, the policy behind a lawsuit between Zillow and REX in 2021.


A LinkedIn post by Errol Samuelson on Zillow’s private listings rule flared into a weekend skirmish that drew nearly 300 comments from executives like Robert Reffkin, Glenn Sanford and Leo Pareja.


What if the fastest way to break through your biggest blocks was asking AI to call you out? Real’s Drew Thompson explains how.


Josh Appel on Unsplash

The purchase price is a fraction of what Austin Board of Realtors’ Unlock MLS, First MLS, Miami Realtors’ MLS and Heartland MLS paid to buy the company 3.5 years ago.


State regulators are scrutinzing Realtor practices and mandating consumer-friendly, fiduciary-level professional behavior, Summer Goralik writes.


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This post was originally published on this site

The private listing debate just got real: Inman Top 5

Turn up the volume on your real estate success at Inman On Tour: Nashville! Connect with industry trailblazers and top-tier speakers to gain powerful insights, cutting-edge strategies, and invaluable connections. Elevate your business and achieve your boldest goals — all with Music City magic. Register now.

Every Friday, Inman Service Editor Dani Vanderboegh rounds up the most popular, most read, most critical stories of the week to give you a quick catchup on the big headlines you might have missed in the hustle and bustle of the workweek. Here’s this week’s Top 5 as chosen by our readers.

P.S. Don’t miss The Download, our weekly column that breaks down one of the week’s top stories and equips you with what you’ll need to meet next Monday head-on.


For-sale by owner on a desktop computer.

In most markets, the portal has resumed displaying non-MLS listings alongside other properties in spite of NAR’s no-commingling rule, the policy behind a lawsuit between Zillow and REX in 2021.


A LinkedIn post by Errol Samuelson on Zillow’s private listings rule flared into a weekend skirmish that drew nearly 300 comments from executives like Robert Reffkin, Glenn Sanford and Leo Pareja.


What if the fastest way to break through your biggest blocks was asking AI to call you out? Real’s Drew Thompson explains how.


Josh Appel on Unsplash

The purchase price is a fraction of what Austin Board of Realtors’ Unlock MLS, First MLS, Miami Realtors’ MLS and Heartland MLS paid to buy the company 3.5 years ago.


State regulators are scrutinzing Realtor practices and mandating consumer-friendly, fiduciary-level professional behavior, Summer Goralik writes.


Email Editorial

This post was originally published on this site