August 31st, 2019 5:28 PM by Eric Willner
Radio Show Notes 8/29/19 Thursday- Do You Know What is Fintech? You Should And Here Is Why!
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By Eric Willner, Host of The Real Estate Show, America’s longest running daily radio show about real estate
“Technology Is Your Friend In Real Estate” continues to be the focus of The Real Estate Show this week. We also introduced a new buzzword in the marketplace – “Fintech” or Financial Technology.
We covered Proptech and what that entails on Monday and gave you more Technology Is Your Friend In Real Estate tips on Tuesday. We loaded you with facts and shared our recent real-life experiences on Wednesday. So now are you ready for our Back To School In Real Estate conversation focusing on financing and technology (Fintech) on our Thursday ATM edition?. I hope so, because no conversation these days about real estate and financing would be complete without the mention of new technology features available to the process.
Technology Is Your Friend In Real Estate, and so is the case for financing. Moreover, Financial Technology, or fintech, is the new buzzword all over Wall Street. It did not just start now, but more and more companies are inventing technological ways to do financial transactions, loans and banking processes that are radically changing the financial services and real estate industries.
The markets are in a state of disruption because Fintech is cutting out the middle man in a wide variety of real estate transactions, and this is causing traditional lenders, buyers and even investment groups to take notice. Both lending and borrowing are now faster processes, with fewer delays and lower costs. In addition, consumers have shortcuts for financing, finding and tracking properties and closing deals.
Investing in fintech real estate companies can be another semi-speculative way for investors to participate in this market disruption. The new wave of technology must shake out the winners and losers until there are clear winners. We prefer to participate directly by investing in real estate and using the products that make it better.
Technology Is Your Friend In Real Estate, but technology can cut both ways. One company to really watch is Zillow Group Inc.. Zillow (Z) provides buyers with information on housing availability, pricing and financing. It also gives sellers a direct line of communication with potential buyers. The company deals with both home ownership and rentals.
On the show we talked about how Zillow reported a steady rise in quarterly earnings and revenue for several years, since October 2016, often it surpassed analysts' estimates. However, revenues have been flat over the last year and the company has been reporting negative operating income.
Technology Is Your Friend In Real Estate, but is Zillow your friend? Agents are now wondering if Zillow is their friend, as they expand out of just providing information, enter the mortgage and real estate market as investors, and providers. Zillow has not replaced real estate agents so much as it has made their jobs easier. The platform is quickly becoming the go-to place for real estate companies that have properties for sale.
Buying shares of Zillow at this point would be based on the conviction that fintech is going to be the primary way real estate transactions are handled in the near future. In this case, Technology Is Your Friend In Real Estate.
On the financing side, Technology REALLY Is Your Friend In Real Estate. It can help you get qualified and approved for a mortgage easier and faster than ever before. Especially if you have good credit. If you do not have good enough credit or just outright BAD CREDIT, We can help!
Technology Is Your Friend In Real Estate
As you also know, in Real Estate, your credit is key. That’s why we value our affiliation with www.TimeToFixMyCredit.com. Their goal is to help secure our clients’ financial future by repairing their credit, thereby improving their overall quality of life. There again, Technology Is Your Friend In Real Estate, and they use that technology to help you improve your credit. They provide personalized service to teach you the basics of credit, how to manage and maintain your credit once it’s repaired, and how to attain your financial goals, whether it’s buying a car, buying a home, or just living debt-free.
We pride ourselves on working with them, and by giving our listeners a personal consultation and relationship-building. Our clients are not a number to us. What brings us the most joy is when our clients not only reach their financial goals, but their life goals as well.
Obtaining a complete copy of your credit report is a very important first step. You can start by contacting me, and I’ll provide you one for free, and then you can continue to learn how at www.TimeToFixMyCredit.com. Remember, Your credit report can affect how much interest you will have to pay on a loan, what type of loan you are eligible for — if you can get one — and can even impact whether you can get a job.
In order for www.TimeToFixMyCredit.com to prepare a complete credit analysis, together we will contact the three major credit reporting agencies — Equifax, Experian, and TransUnion for — to dispute errors and discrepancies on your behalf.
Once we receive your credit reports, we’ll identify areas of concern and formulate a plan of action for your particular situation to ensure that you will benefit from our services.
We’ll meet with you for a personal consultation to discuss your credit, item by item, assessing if there is any fraud on your report, and how we can begin to repair credit issues that we discover. We will let you know exactly what we can and cannot do to repair your situation. All you need to do is keep calm, call us, and we can help you put together a plan, then stick to a plan and move forward.
Want to know more? If you are serious about real estate and paying off debt, then find out more on today and every day’s episodes and learn more about Real Estate Investing and learn HOW TO by listening to The Real Estate Show with Eric Willner , Live every weekday morning at 8 o’clock (EST) on Florida’s Money Talk Radio station WSBR AM740, FM 96.9, and FM 103.9. You can also hear us on the free apps: iHeart Radio and TuneIn. Recorded Rebroadcasts are available 24/7 on Facebook. Please share this and our Facebook updates.
Eric Willner is the Host and Founder of The Real Estate Show, an informative show about how to buy, own, and improve real estate the right way, on autopilot. - The Automatic Landlord way. (AutomaticLandlord.com) You can reach Eric Willner at Eric@Ericwillner.com or 888-595-7779.
Also listen to the rebroadcasts on demand on Facebook.com/TheRealEstateShow
Then check out these EXTRA cool resources:
90DayFreshStart.com To become a homeowner regardless of credit or ...
TimeToFixMyCredit.com for Financial Education and Credit Improvement
AutomaticLandlord.com for Landlording and Real Estate Investment
MackBuysHouses.com for a fast cash offer on Real Estate
MackSellsHouses.com for great deals on Real Estate Investments
MackBargainHouseHunters.com to Partner on Real Estate Deals
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