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Movers & Shakers: The Co-Own Co., Coldwell Banker, ATTOM, LGBTQ+ Real Estate Alliance, and Offerpad

News about executive appointments, new business models and real estate industry innovation.
 

THE CO-OWN COMPANY DISRUPTS URBAN HOME OWNERSHIP 
The Co-Own Company, a new startup in Denver, aims to revolutionize the definition of ‘starter home.’  
The Co-Own Company uses a cooperative structure to sell ownership shares in their projects. Most homes have four to six shares, meaning that ownership of the building is shared between four to six people. Each property has community agreements to manage responsibilities inside the house, and regular maintenance is covered in the monthly housing cost. With shares in townhomes starting at $100,000, residents could gain access to homeownership for as little as $5,000 down.

Borrowing from popular co-living models that have popped up throughout the country, The Co-Own Company’s properties are designed for interaction while still providing enough space for privacy. The townhome models offer each resident a private suite with a sizable bedroom, private bathroom, and coffee bar setup to allow residents to cook small meals. The larger projects offer small apartment-style setups for each shareholder with separate bedrooms, kitchenette, and small living rooms. The magic of Co-Own’s design is in the ample shared space that’s designed for connection: each Co-Own property has a spacious shared dining room, large open kitchen, co-working space, and outdoor amenities to encourage daily interaction.

“The major difference between our model and other co-living companies is that we offer people a way to gain equity from the beginning,” says Jason Lewiston, Co-Own’s founder. “For roughly the cost of renting, we’re able to give people an equity stake in a new building with high-end finishes. If our members hold their shares for five years, they could leave with as much as $70,000 in their pockets.”

The Co-Own Company is currently raising capital for their first project on Wefunder and has three Denver sites identified for their launch, with units planned to open at the end of 2021. To set up an interview with Director of Sales Sarah Wells, please see contact info below.

 

Coldwell Banker Releases New Ad Spot

 

ATTOM HIRES STUART BERN AS HEAD OF STRATEGIC PARTNERSHIPS
& CORPORATE DEVELOPMENT

ATTOM, curator of the nation’s premier property database announced that it has hired seasoned veteran Stuart Bern as head of strategic partnerships & corporate development. In this role, Bern will lead the development of new partnerships and support M&A efforts, as ATTOM continues its exponential growth.

“Stuart’s wealth of business development experience and go-to-market strategies will make him an extremely vital asset as ATTOM further expands its data footprint and accelerates its business growth,” said Rob Barber, CEO of ATTOM. “His expertise in growing a B2B ecosystem and his proptech knowledge, will guide us as we take additional steps to drive market growth and build strategic partnerships.”

Prior to joining ATTOM, Bern was the vice president of business development and partnerships at Knock, where he served on the senior leadership team and actively managed and vetted a pipeline of prospective long-term partners across a wide range of organizational sizes, types and use cases. Bern was tasked with identifying strategic partnership opportunities at Knock, while building relationships with key C-Suite Executives. Bern also negotiated data, licensing and legal agreements while working alongside cross-functional teams to launch invaluable partnerships within the real estate industry. Bern led similar teams during his tenure at CoStar Group and Bloomberg LP.

Bern earned a Bachelor of Business Administration degree in real estate from the University of Georgia. He currently sits on the board of directors for Lekotek of Georgia and is an advisory board committee member for Israel Bonds. 

LGBTQ+ Real Estate Alliance Selects RESAAS to Power Referrals to All Members

RESAAS Services Inc. (TSX-V: RSS, OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce that the LGBTQ+ Real Estate Alliance has selected RESAAS to house its member referral business and lead optimization services across North America.

Founded in June 2020, the Alliance is an all-inclusive organization dedicated to empowering the LGBTQ+ community on the path to homeownership. The Alliance has more than 50 chapters in the United States and Puerto Rico.

Members of the Alliance who choose to upgrade to RESAAS Premium for $50/month, or RESAAS Ultimate for $100/month, will enjoy privileged access to exclusive referral opportunities. Under the terms of the one-year renewable agreement executed on November 21, 2020, revenue generated will be shared between RESAAS and the Alliance, which plans to utilize its portion to endow scholarships and provide financial assistance to agents starting their careers.

RESAAS joins other established organizations within the real estate industry that The Alliance has secured strategic relationships with. These include Engel & Völkers real estate brokerage, Realogy Franchise Group, Truist Mortgage and First American Title. For more information visit realestatealliance.org.   

Offerpad Sets Sights on Expansion into Denver and Nashville

Leading real estate and technology innovator Offerpad is wrapping up a year of feverish growth and exciting expansions with the announcement that it will be offering its full suite of customer-centric real estate solutions to home sellers and buyers in the burgeoning Denver and Nashville metropolitan areas, beginning in early 2021.

Adding to the more than 830 cities and towns across the U.S. where Offerpad now operates, Denver and Nashville will be the first of several new market rollouts the company has planned for 2021. The company’s growth strategy going into the new year continues to build on Offerpad’s successful expansion in 2020 into the booming Birmingham, Alabama metro area and widening of its existing footprint in its rapidly expanding Florida and other markets.

With its headquarters in Arizona, Offerpad plans to open additional physical offices in Denver and Nashville to cement its presence in both areas. As Offerpad finalizes preparations ahead of its official launch dates, recruitment for local Market Directors and other top real estate talent, as well as vendors to assist in home renovation work, is already under way. Visit Offerpad.com for more information.

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