Accurate Home Valuation for Homeowners

By Market News & Stats, Owning a Home, Selling

REcolorado and Homebot Partnership Puts Accurate Home Valuation Information at the Fingertips of Homeowners

Universal Lending signs on as first customer

GREENWOOD VILLAGE, CO – September 21, 2016 – REcolorado, Colorado’s largest real estate multiple listing service (MLS) and the provider of REcolorado.com home search site, and Homebot, an innovator in wealth-building for homeowners, today announced a partnership that will empower homeowners to save money and build wealth faster with their homes.

Homebot is a web-based financial planning tool for the home. Delivered directly to the homeowner by a professional loan officer or real estate agent, Homebot provides highly-personalized and specific information about a home including current value, home equity position, short-term rental potential, refinance options, and more. Homebot even invites the homeowner to “challenge” their valuation and request a market analysis from their local real estate agent, which further ensures the most accurate home valuation possible.

“Eighty-three percent of the average American’s wealth at retirement comes from their home, not 401k or savings, but most homeowners aren’t optimizing this asset because they’re not finance experts. Homebot’s vision is to empower homeowners to make smart decisions, save money and build wealth faster,” said Ernie Graham, CEO of Homebot. “REcolorado has been an integral partner for both the development of the Homebot application and making it accessible to Colorado homeowners.”

REcolorado formed this innovative partnership with Homebot to fill a need to connect homeowners with their REALTOR® when contemplating a possible move, renovation, or income opportunity with their home. It is Homebot’s holistic approach to home valuation that differentiates it from other home valuation tools. Homebot first aggregates information from a variety of well-respected resources, then it connects the homeowner to the experts in the industry, which is the key to its accuracy.

“Providing innovative tools homeowners can rely on to access accurate information about the value of their home is crucial for those seeking wealth-building opportunities,” said Kirby Slunaker, president and CEO of REcolorado. “Homebot takes home valuations to the next level by connecting the homeowner with real estate experts – their REALTOR and loan officer, creating a win-win for everyone.”

Universal Lending Corporation is the first customer to roll out Homebot, which will make Homebot available to nearly all of their past, current and future clients.

“As lenders, we want to stay in regular contact with our clients.  We take a professional interest in our borrowers knowing the value of their home and the opportunities for wealth building,” said TJ Kennedy, executive vice president, Universal Lending. “Any time we are in communication, we want to be sure to provide value to our clients. Homebot hits the mark on providing monthly content that is engaging and informative, which is invaluable to maintaining our relationships.”

REALTORS® can learn more about Homebot by visiting with REcolorado and Universal lending at the 2016 Colorado Association of REALTORS® Fall Conference and Expo September 22 and 23 at the 1stBank Center, 11450 Broomfield Lane, Broomfield, CO

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About REcolorado

Since 1984, REcolorado has been focused on providing the most accurate and up-to-date real estate information for professionals and consumers. Updated every 15 minutes with new and sold listings and powered by the state’s largest network of real estate professionals, REcolorado.com is Colorado’s most accurate home search website. REcolorado.com also offers consumers mortgage resources, information about Colorado neighborhoods and cities, sold listings, open houses, and a comprehensive database of real estate professionals.

REcolorado is the largest Multiple Listing Service (MLS) in Colorado. With 19,000 professional members who operate throughout the state. It is REALTOR® owned and serves Aurora Association of REALTORS®, Douglas Elbert REALTOR® Association,Denver Metro Association of REALTORS®, Mountain Metro Association of REALTORS®, and South Metro Denver REALTOR® Association. Contact a REALTOR for accurate information about your property and neighborhood.

About Homebot

Homebot (www.homebot.ai) is a fast-growing, award-winning fintech company enabling homeowners to recapture the $100 billion in personal wealth lost every year due to not managing their home as the single largest asset they will ever own.  Working with recognized leaders in the mortgage lending and real estate industries, Homebot is changing how marketing, client loyalty and retention are defined.   Homebot allows mortgage lenders and real estate agents to be the source of personalized, wealth-building insights for their homeowner clients.

About Universal Lending Corporation

Universal Lending Corporation was founded over 35 years ago on the principle that our customers deserve individual and specialized attention throughout the mortgage process. This is why we have one of the highest rates of repeat borrowers in the business. Our mortgage professionals embrace our passion for customer care, and educate and empower each potential home buyer throughout the entire process, so they make informed, considerate decisions that ensure their home mortgages fit their budgets and keep their families financially secure.

Universal Lending Corporation has helped families from every walk of life achieve their dreams of responsible home ownership. Founded by Pete Lansing and based in Denver, Colorado, Universal Lending has grown from a staff of three to over 200 mortgage professionals around the United States. We understand the impact we make on our community with every loan we process, and we take the privilege and responsibility very seriously. Learn more about Universal Lending Corporation at www.ulc.com or call (303) 758-4969.

Media Contacts:

Deborah Shipley

REcolorado

dshipley@REcolorado.com, 303.796.2575

Michael Lynch

Homebot

michael@homebot.ai, 303.960.8770

Vanessa Gower Coates

Universal Lending Corporation

vcoates@ulc.com, 303.759.7414