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slopes-dev · 11 months ago

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Why you go for custom Real Estate software development?

The real estate industry is pushed towards adopting a custom software development approach for service delivery, than continuing with its old school methods. This change is based on two main reasons: the evolution of technology and the fierceness of the competition.

Best Real Estate software development solution in Utah leverages modern technology and trends to create a custom solution tailored to the needs of a specific real estate business or brokerage. It can take many forms; from property management software and tenant portals to marketing solutions like lead generation tools and virtual tours. Whatever your exact needs are, partnering with the best Real Estate software app development solution in USA is an excellent way to ensure you have exactly what you need without settling for something off-the-shelf.

Facts

Due to the advancement of technology and accessibility, around 41% of buyers and 54% of sellers have bought or rent a property without visiting the physical place.

56-58% of them prefer to close a deal virtually when there’s a great distance involved.

The revenue of the global real estate market is expected to grow by 4,263.7 trillion dollars by 2025.

Best Real Estate software app development solution in USA come into play, providing a seamless and personalized experience for both buyers and sellers.

Let's delve into how best Real Estate software development solution in Utah can significantly impact customer experience in the real estate industry.

In the real estate industry, building strong relationships with clients is key to success. Custom software development improves Customer Relationship Management (CRM) systems in the following ways:

Foster better relationships between real estate agents and clients

Allow for personalized client interactions

Automate follow-ups

Strengthen relationships between agents and clients

A custom CRM system can greatly enhance the client-agent relationship and contribute to the overall success of a real estate business.

Real estate CRM systems enable the visual representation of lead progress, prompt responses to inquiries, and efficient collection of customer feedback, which are crucial for maintaining smooth operations and client relations. Implementing automation within a CRM system for tasks like property updates and appointment reminders can prevent leads from being overlooked and enhance client engagement.

One of the key advantages of custom real estate software from the best Real Estate software app development solution in USA is the enhanced accessibility and convenience it offers to customers. With a user-friendly interface and intuitive design, customers can easily search for properties, schedule viewings, and communicate with agents in real-time. This seamless experience not only saves time but also increases customer satisfaction, leading to higher retention rates.

Intuitive property search functionality

Real-time communication with agents

Scheduling viewings with ease

This type of custom software enhances data protection and delivers customized reporting functions, among other benefits. By Partnering with the best Real Estate software app development solution in USA for custom real estate software will give you streamline processes, improve efficiency, and ultimately drive customer satisfaction Despite the initial cost being greater than that of off-the-shelf software and requiring more time to deploy, the enduring value and competitive edge gained justify this investment for progressive-minded real estate businesses seeking long-term success in their industry.

#best Real Estate software app development solution in USA #Best Real Estate software development solution in Utah

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michaeljames1221 · 6 years ago

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Real Estate Lawyer Morgan Utah

In any construction contract, it is important to have a provision for termination of the contract. An experienced Morgan Utah real estate lawyer can draft a customized construction contract for you incorporating the termination provision.

Contract Termination Provision

While the purpose of a contract is to obligate people and firms to perform in certain ways, the tightness of the bonds of mutual obligation can be set by the parties themselves–even to the point of nearly eliminating the obligation itself. Both contract suspension and contract termination provisions act in this way to allow one or both parties to breach the contract without substantial penalty. Termination clauses are typically written so as to allow the buyer to get out of the contract on certain terms, but they will occasionally be written so as to allow the seller to escape from their contractual duties as well. Contract termination clauses are sometimes open-ended to allow termination at the whim of one or more of the parties. However, such termination provisions can result in the contractor requiring a premium on the normal contract price to cover the risk of termination. More complex termination provisions are usually written in such a way as to balance the need for protection against the cost of this protection. Such provisions will often outline

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• The conditions under which termination is an option (e.g., bankruptcy, failure to reach certain scheduled milestones or progress levels, behavior indicating incapacity or inability to complete the work as ordered in the contract, etc.).

• The time frame in which the termination will be initiated and completed. For example, the contract may call for the parties to be given notice of termination within two months prior to the new fiscal year, with the termination itself to be completed three months following notice.

• The payments to be made as part of the termination for startup costs, rental costs, loss of value of assets that are specific to a job, settlement expenses, subcontractor claims, inventory and warehousing costs, final audit costs, and so on. For large contracts, it may be prudent to specify what costs will be allowed as part of a settlement and what costs will be disallowed. For example, while a contractor may want to receive payment for materials still in inventory that have been purchased for a job, a more reasonable basis for payment would be reimbursement for items that could not be resold or be used on other jobs within a reasonable time period.

• The party or parties who are authorized to invoke a termination or a decision-making mechanism through which the termination provision is to be invoked.

Conflict Resolution Provisions

Conflict resolution provisions can be divided into two basic types: prevention provisions and resolution processes. Prevention provision take many forms depending on the kind of conflict that one can anticipate. A common prevention provision is one that specifies which documents will take precedence over others.

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There are basically three methods for resolving conflicts: negotiation, mediation, and arbitration.

Negotiation essentially involve the parties in dispute discussing the conflict with each other with an eye toward trying to find a mutually satisfactory resolution to the conflict. As a conflict resolution strategy, negotiation is most effective when all the parties in conflict have good communication skills, good intentions, and a general willingness to compromise.

Mediation is like negotiation in that the outcome is one that is voluntary. What mediation adds is the expertise of a skilled mediator who helps the parties to identify their interests, generate multiple solutions, and discover the solution(s) that provides the best chance of mutual satisfaction and of avoiding further conflict, and insures that the parties’ rights are respected and that the agreement is fair and “tight” in all respects. Mediation is typically successful with all the persons who could negotiate a solution on their own, but is additionally successful with a large proportion of people who could not come to a satisfactory resolution without some assistance. If all else is equal, mediation could be described as being a bit more expensive than negotiation because the services of a mediator must be purchased. Studies of the effectiveness of mediation suggest, however, that the expertise of a skilled mediator can often mean the difference between a “band-aid” resolution that quickly falls apart and a resolution that is effective for the long term. This is the case because mediators are trained to (1) probe for and address hidden issues, including issues related to respect and psychological satisfaction, that if not addressed tend to generate additional conflict; and (2) identify and test for potential weaknesses in mediated agreements. That is, mediators work to insure that parties in conflict do not simply paper over the conflict or reach unrealistic or ineffective resolutions.

Arbitration is the third conflict resolution method. This method essentially involves the parties presenting their case to a neutral third party and having this third party, the arbitrator, judge the merits of each side’s case. In binding arbitration, the parties agree to submit to the judgment and remedies specified by the arbitrator. Arbitration can resemble, and even mimic, the legal processes (e.g., rules of evidence for civil suits, etc.) that would be engaged if the conflict cannot be resolved, or it can be customized to meet the needs and styles of the parties. If arbitration is to be used as a conflict resolution mechanism, however, it is probably best that the form and procedures to be used in the arbitration are specified in the initial contract or at some time before a conflict actually occurs. Otherwise, it is quite possible that the parties will waste resources strategizing and arguing over the rules to be used in arbitratng the conflict. In developing the rules to guide arbitration, contract negotiators can consider some of the following options:

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Either–or judgments. Either–or judgments require the arbitrator to choose either the solution suggested by Party A or the solution suggested by Party B. It does not allow the arbitrator to fashion a compromise solution. The idea behind either–or judgments is to get the conflicting parties to develop options that include a high degree of compromise. The party choosing not to develop a compromise option will tend to lose out under this condition.

Unrestricted/restricted rules of evidence. Restricting evidence to that which would be allowed in court has the advantage of making the arbitration outcome more closely approximate the outcome that would be achieved if the parties went to court. Keeping the rules of evidence unrestricted, however, is more likely to allow issues to surface that, if left unaddressed, would lead to further conflict in the future.

Formal/informal method of argumentation. Again, whereas formal presentations of arguments will result in a better approximation of legal-system outcomes, informal presentations, appropriately referred, might do more to further interparty communications in the long term.

Restrictions on levels of judgment and types of remedies. The contract negotiators may want to restrict the value of the judgment that an arbitrator can assess (e.g., assessments under $200,000) or restrict the remedies to a particular type (e.g., remedies that involve repair of defective workmanship by the contractor but not remedies that involve hiring a different contractor to replace the work).

Typically, in contracts where there is some expectation of conflict, contract negotiators will attempt to structure a range of conflict resolution mechanisms and to require the parties in conflict to attempt to resolve their conflict using one method (e.g., negotiation or mediation) before going on to use another method (e.g., mediation or arbitration).

Building the trust relationship

Contracts of various types are entered into for different reasons. Some contracts are let out simply because it appears that costs can be saved, others are let out because the property owner does not have time to gear up to provide the service in-house, and still others are entered into because of the lack of in- house expertise.

Building trust or positive interdependence in contract relationships must begin with trust-enhancing measures on both sides. However, the government’s contract manager must take the lead in making this effort a meaningful one, as it is the usually the inactivity on the part of the government that allows a contractor to wander into a state of non- or poor performance. Key behaviors and steps that contract managers can initiate so as to increase the chances that a trust relationship will be established include

Developing key one-on-one personal relationships between the property owner’s and the contractor’s staff. These relations should involve a mix of formal and informal settings and conditions. Special efforts should be made to establish a relationship between individuals on each side who are designated as the single point of contact for their respective organizations

Establishing benchmarks and coordination and communication standards for such things as response time to queries and payment due communications; use of particular software, network protocols, and procurement processes; and clear expectations regarding shipping schedules, warehousing processes, inventory tracking, lead times, and so forth. When the property owner and the contractor attend to developing such standards, they prevent unnecessary deterioration of the relationship. Common procedures for fostering such communications include periodic report cards, regular meetings, and joint planning sessions.

When is a contractor’s relationship

The contractor’s relationship with the government must not have the attributes of an employer-employee relationship. Hence, even if a government enters into a contract for services, if the services are effectively rendered in a manner that suggests an employer-employee relationship, the Internal Revenue Service will require the government to pay the taxes it was attempting to avoid through the contract. A number of factors go into determining whether such an employer- employee relationship exists, including the nature of the work. If there is an employee who provides a similar service or type of work to the government, or if the person is responsible for a function of government or can exercise judgment on behalf of the government, this suggests that an employer-employee relationship exists. Also, an employer employee relationship exists if the government has control (or even the right to exert such control) over a person. Such control can relate to

• When, where, and how the work is done.

• The expectation that a person attend or receive training.

• The expectation that a person’s work be integrated with the operations and administrative routines of the government.

• The expectation that work be performed personally.

• Situations where the government hires, supervises, and pays other workers on the same job.

• The length of the relationship (e.g., steady long-term activity suggests an employer employee relationship).

• The expectation that a person work certain hours.

• The expectation that a person work full time on the government’s project or refrain from work on other projects.

• The expectation that the work be performed in the government’s facilities, especially when it could logically be done elsewhere.

• The expectation that work be performed in a preset order when it could potentially be performed in a different order.

• The requirement of frequent oral or written reports of activities.

• Payment that is by the hour, week, month, or other set interval rather than based on the job or on a straight commission.

• Payment of business expenses (which indicates an employer employee relationship).

• Furnishing tools and materials.

• The contractor’s investment in facilities, tools, and equipment (which indicates contractor independence).

• Realization of a profit or loss (which indicates contractor independence).

• Working for a number of people (which indicates contractor independence).

• Availability of services to the public (which indicates contractor independence).

• Right to discharge (if the government can threaten dismissal that is not based on nonperformance of contractual obligations, an employer employee relationship is suggested).

• Right to quit (if a person can quit without incurring a liability, this indicates an employer employee relationship, as a contractor who quits will typically be liable for nonperformance).

There should be a statement in the contract that indicates the contractor is independent. Unfortunately, while it is appropriate to include such language in the contract, the determining factor from the perspective of the Internal Revenue Service is the nature of the actual relationship. An experienced Morgan Utah real estate lawyer can draft a construction contract with appropriate language to ensure that the contractor is treated as an independent contractor.

Morgan Utah Real Estate Lawyer Free Consultation

When you need a real estate attorney for a matter in Morgan Utah, please call Ascent Law LLC (801) 676-5506 for your Free Consultation. We can help you with Quiet Title Actions. Evictions For Landlords. Boundary Disputes. Opinion Letters on Title Issues. Partition Lawsuits. And Much More. We want to help you.

Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506

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from Criminal Defense Lawyer West Jordan Utah https://criminaldefenselawyerwestjordanutah.wordpress.com/2019/12/13/real-estate-lawyer-morgan-utah/

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divorcelawyergunnisonutah · 6 years ago

Text

Real Estate Lawyer Morgan Utah

Contract Termination Provision

youtube

• The party or parties who are authorized to invoke a termination or a decision-making mechanism through which the termination provision is to be invoked.

Conflict Resolution Provisions

youtube

There are basically three methods for resolving conflicts: negotiation, mediation, and arbitration.

youtube

Building the trust relationship

When is a contractor’s relationship

• When, where, and how the work is done.

• The expectation that a person attend or receive training.

• The expectation that a person’s work be integrated with the operations and administrative routines of the government.

• The expectation that work be performed personally.

• Situations where the government hires, supervises, and pays other workers on the same job.

• The length of the relationship (e.g., steady long-term activity suggests an employer employee relationship).

• The expectation that a person work certain hours.

• The expectation that a person work full time on the government’s project or refrain from work on other projects.

• The expectation that the work be performed in the government’s facilities, especially when it could logically be done elsewhere.

• The expectation that work be performed in a preset order when it could potentially be performed in a different order.

• The requirement of frequent oral or written reports of activities.

• Payment that is by the hour, week, month, or other set interval rather than based on the job or on a straight commission.

• Payment of business expenses (which indicates an employer employee relationship).

• Furnishing tools and materials.

• The contractor’s investment in facilities, tools, and equipment (which indicates contractor independence).

• Realization of a profit or loss (which indicates contractor independence).

• Working for a number of people (which indicates contractor independence).

• Availability of services to the public (which indicates contractor independence).

• Right to discharge (if the government can threaten dismissal that is not based on nonperformance of contractual obligations, an employer employee relationship is suggested).

• Right to quit (if a person can quit without incurring a liability, this indicates an employer employee relationship, as a contractor who quits will typically be liable for nonperformance).

Morgan Utah Real Estate Lawyer Free Consultation

Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506

Ascent Law LLC

4.9 stars – based on 67 reviews

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from Michael Anderson https://www.ascentlawfirm.com/real-estate-lawyer-morgan-utah/

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mayarosa47 · 6 years ago

Text

Real Estate Lawyer Morgan Utah

Contract Termination Provision

• The party or parties who are authorized to invoke a termination or a decision-making mechanism through which the termination provision is to be invoked.

Conflict Resolution Provisions

There are basically three methods for resolving conflicts: negotiation, mediation, and arbitration.

Building the trust relationship

When is a contractor’s relationship

• When, where, and how the work is done.

• The expectation that a person attend or receive training.

• The expectation that a person’s work be integrated with the operations and administrative routines of the government.

• The expectation that work be performed personally.

• Situations where the government hires, supervises, and pays other workers on the same job.

• The length of the relationship (e.g., steady long-term activity suggests an employer employee relationship).

• The expectation that a person work certain hours.

• The expectation that a person work full time on the government’s project or refrain from work on other projects.

• The expectation that the work be performed in the government’s facilities, especially when it could logically be done elsewhere.

• The expectation that work be performed in a preset order when it could potentially be performed in a different order.

• The requirement of frequent oral or written reports of activities.

• Payment that is by the hour, week, month, or other set interval rather than based on the job or on a straight commission.

• Payment of business expenses (which indicates an employer employee relationship).

• Furnishing tools and materials.

• The contractor’s investment in facilities, tools, and equipment (which indicates contractor independence).

• Realization of a profit or loss (which indicates contractor independence).

• Working for a number of people (which indicates contractor independence).

• Availability of services to the public (which indicates contractor independence).

• Right to discharge (if the government can threaten dismissal that is not based on nonperformance of contractual obligations, an employer employee relationship is suggested).

• Right to quit (if a person can quit without incurring a liability, this indicates an employer employee relationship, as a contractor who quits will typically be liable for nonperformance).

Morgan Utah Real Estate Lawyer Free Consultation

Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506

Ascent Law LLC

4.9 stars – based on 67 reviews

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from https://www.ascentlawfirm.com/real-estate-lawyer-morgan-utah/

from Criminal Defense Lawyer West Jordan Utah - Blog http://criminaldefenselawyerwestjordanutah.weebly.com/blog/real-estate-lawyer-morgan-utah

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melissawalker01 · 6 years ago

Text

Real Estate Lawyer Morgan Utah

Contract Termination Provision

youtube

• The party or parties who are authorized to invoke a termination or a decision-making mechanism through which the termination provision is to be invoked.

Conflict Resolution Provisions

youtube

There are basically three methods for resolving conflicts: negotiation, mediation, and arbitration.

youtube

Building the trust relationship

When is a contractor’s relationship

• When, where, and how the work is done.

• The expectation that a person attend or receive training.

• The expectation that a person’s work be integrated with the operations and administrative routines of the government.

• The expectation that work be performed personally.

• Situations where the government hires, supervises, and pays other workers on the same job.

• The length of the relationship (e.g., steady long-term activity suggests an employer employee relationship).

• The expectation that a person work certain hours.

• The expectation that a person work full time on the government’s project or refrain from work on other projects.

• The expectation that the work be performed in the government’s facilities, especially when it could logically be done elsewhere.

• The expectation that work be performed in a preset order when it could potentially be performed in a different order.

• The requirement of frequent oral or written reports of activities.

• Payment that is by the hour, week, month, or other set interval rather than based on the job or on a straight commission.

• Payment of business expenses (which indicates an employer employee relationship).

• Furnishing tools and materials.

• The contractor’s investment in facilities, tools, and equipment (which indicates contractor independence).

• Realization of a profit or loss (which indicates contractor independence).

• Working for a number of people (which indicates contractor independence).

• Availability of services to the public (which indicates contractor independence).

• Right to discharge (if the government can threaten dismissal that is not based on nonperformance of contractual obligations, an employer employee relationship is suggested).

• Right to quit (if a person can quit without incurring a liability, this indicates an employer employee relationship, as a contractor who quits will typically be liable for nonperformance).

Morgan Utah Real Estate Lawyer Free Consultation

Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506

Ascent Law LLC

4.9 stars – based on 67 reviews

Recent Posts

Buying A House With Someone Else

Can I Beat A DUI If I Was Over The Limit?

Bankruptcy Lawyer Orem Utah

Tax Audit Defense Law

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Can I Go After My Ex-Husband’s New Wife For Alimony?

from Michael Anderson https://www.ascentlawfirm.com/real-estate-lawyer-morgan-utah/ from Divorce Lawyer Nelson Farms Utah https://divorcelawyernelsonfarmsutah.tumblr.com/post/189643317525

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coming-from-hell · 6 years ago

Text

Real Estate Lawyer Morgan Utah

Contract Termination Provision

youtube

• The party or parties who are authorized to invoke a termination or a decision-making mechanism through which the termination provision is to be invoked.

Conflict Resolution Provisions

youtube

There are basically three methods for resolving conflicts: negotiation, mediation, and arbitration.

youtube

Building the trust relationship

When is a contractor’s relationship

• When, where, and how the work is done.

• The expectation that a person attend or receive training.

• The expectation that a person’s work be integrated with the operations and administrative routines of the government.

• The expectation that work be performed personally.

• Situations where the government hires, supervises, and pays other workers on the same job.

• The length of the relationship (e.g., steady long-term activity suggests an employer employee relationship).

• The expectation that a person work certain hours.

• The expectation that a person work full time on the government’s project or refrain from work on other projects.

• The expectation that the work be performed in the government’s facilities, especially when it could logically be done elsewhere.

• The expectation that work be performed in a preset order when it could potentially be performed in a different order.

• The requirement of frequent oral or written reports of activities.

• Payment that is by the hour, week, month, or other set interval rather than based on the job or on a straight commission.

• Payment of business expenses (which indicates an employer employee relationship).

• Furnishing tools and materials.

• The contractor’s investment in facilities, tools, and equipment (which indicates contractor independence).

• Realization of a profit or loss (which indicates contractor independence).

• Working for a number of people (which indicates contractor independence).

• Availability of services to the public (which indicates contractor independence).

• Right to discharge (if the government can threaten dismissal that is not based on nonperformance of contractual obligations, an employer employee relationship is suggested).

• Right to quit (if a person can quit without incurring a liability, this indicates an employer employee relationship, as a contractor who quits will typically be liable for nonperformance).

Morgan Utah Real Estate Lawyer Free Consultation

Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506

Ascent Law LLC

4.9 stars – based on 67 reviews

Recent Posts

Buying A House With Someone Else

Can I Beat A DUI If I Was Over The Limit?

Bankruptcy Lawyer Orem Utah

Tax Audit Defense Law

Divorce Or Live Together?

Can I Go After My Ex-Husband’s New Wife For Alimony?

Source: https://www.ascentlawfirm.com/real-estate-lawyer-morgan-utah/

0 notes

gonnagoandrunwiththehorses · 6 years ago

Text

Real Estate Lawyer Morgan Utah

Contract Termination Provision

youtube

• The party or parties who are authorized to invoke a termination or a decision-making mechanism through which the termination provision is to be invoked.

Conflict Resolution Provisions

youtube

There are basically three methods for resolving conflicts: negotiation, mediation, and arbitration.

youtube

Building the trust relationship

When is a contractor’s relationship

• When, where, and how the work is done.

• The expectation that a person attend or receive training.

• The expectation that a person’s work be integrated with the operations and administrative routines of the government.

• The expectation that work be performed personally.

• Situations where the government hires, supervises, and pays other workers on the same job.

• The length of the relationship (e.g., steady long-term activity suggests an employer employee relationship).

• The expectation that a person work certain hours.

• The expectation that a person work full time on the government’s project or refrain from work on other projects.

• The expectation that the work be performed in the government’s facilities, especially when it could logically be done elsewhere.

• The expectation that work be performed in a preset order when it could potentially be performed in a different order.

• The requirement of frequent oral or written reports of activities.

• Payment that is by the hour, week, month, or other set interval rather than based on the job or on a straight commission.

• Payment of business expenses (which indicates an employer employee relationship).

• Furnishing tools and materials.

• The contractor’s investment in facilities, tools, and equipment (which indicates contractor independence).

• Realization of a profit or loss (which indicates contractor independence).

• Working for a number of people (which indicates contractor independence).

• Availability of services to the public (which indicates contractor independence).

• Right to discharge (if the government can threaten dismissal that is not based on nonperformance of contractual obligations, an employer employee relationship is suggested).

• Right to quit (if a person can quit without incurring a liability, this indicates an employer employee relationship, as a contractor who quits will typically be liable for nonperformance).

Morgan Utah Real Estate Lawyer Free Consultation

Ascent Law LLC 8833 S. Redwood Road, Suite C West Jordan, Utah 84088 United States Telephone: (801) 676-5506

Ascent Law LLC

4.9 stars – based on 67 reviews

Recent Posts

Buying A House With Someone Else

Can I Beat A DUI If I Was Over The Limit?

Bankruptcy Lawyer Orem Utah

Tax Audit Defense Law

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Can I Go After My Ex-Husband’s New Wife For Alimony?

Source: https://www.ascentlawfirm.com/real-estate-lawyer-morgan-utah/

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reneeacaseyfl · 6 years ago

Text

Home Insurance Startup Hippo Joins the ‘Unicorn’ Club: Term Sheet

We’ve got a new unicorn, and my colleague Robert Hackett has the exclusive.

Hippo, a tech startup focused on the insurance market, has raised $100 million in new venture capital at a $1 billion valuation, the threshold for so-called unicorn status.

Hippo’s latest cash injection was spearheaded by Bond Capital, an investment firm that well-known investor Mary Meeker recently spun out of Kleiner Perkins Caufield & Byers, a Silicon Valley venture capital stalwart. (Read my recent feature about Kleiner’s downfall.) This is Bond’s second-ever investment following a bet in May on Canva, an Australia-based provider of graphic design tools.

Hackett reports:

Noah Knauf, the Bond investor who led Hippo’s latest funding round and is joining the company’s board as part of the deal, says that financial services are in the middle of a “massive and tectonic disruption.” He describes home insurance as one of fintech’s “gnarliest” challenges due to the prevalence of regulations in the insurance market.

“We’re religious, and compliance is the religion,” Wand tells Fortune. After mentioning how Hippo puts the customer first, Wand revises his statement, saying, “Actually, the customer comes second, after compliance.”

Aside from the big kahunas, such as Allstate and Travelers, Hippo’s biggest rival is Lemonade, a Softbank-backed fintech startup that reached a $2 billion private valuation in April. Lemonade is better known for selling renters’ insurance, though it also offers homeowner’s insurance.

Hippo has raised a total of $209 million in funding to date. Existing investors such as Comcast Ventures, real estate giant Lennar, venture capital firm Iconiq Capital, and others also contributed to the latest round of funding.

There’s plenty of investor appetite in the insurance sector. According to CB Insights, global insurance tech investment reached $4.15 billion in 2018. Expect more big dollars on the horizon.

Read the full story here.

WeWork IPO UPDATE: WeWork plans to make its initial public debut in September, which is earlier than investors had expected. The company, which filed its IPO paperwork confidentially late last year, is expected to publicly disclose it in August, according to The Wall Street Journal.

WeWork is reportedly meeting with Wall Street banks this week about an asset-backed loan and is expected to raise $5 billion to $6 billion, or about $2 billion more than it had originally sought. The funds will lessen the amount WeWork needs to raise in the IPO, which could increase the probability of success for a company with ballooning losses, the story says. Read more.

PE FEEDBACK: Yesterday, I asked Term Sheet readers to weigh in on Leo Hindery Jr.’s Fortune op-ed in which he makes the case for the ‘Stop Wall Street Looting Act’ and explains why the private equity industry needs to be reined in. Here’s what you had to say in response:

Jeff: Mr. Hindrey’s op-ed is so loaded with factual errors and logical fallacies that it’s hard to know where to begin critiquing it. At the core, he rejects the American Way—the free enterprise system. If he has a better model for private equity, he should do the hard work of convincing LPs, of buying companies, and building a team that can repeat that over and over. He could use his success as a shining example and urge all to emulate. Instead, he wants to use government force to have central planners—without any capital of their own at risk—to force others to conform to Sen. Warren’s views of what is best. This type of busybody regulation has always reduced capital formation, which would in turn harm most the very people he claims to champion. This is pure demagoguery.

Colin: Modern PE firms are by no means the robber barons of yesteryear. The easiest way to succeed in private equity is for your companies to hit it out of the park and grow like a weed. With that said, PE’s presence in certain industries, as Leo notes, does create perverse incentives. The recent growth of PE into healthcare providers has provided little value creation beyond gamesmanship around M&A and multiple arbitrage, while likely driving up costs for patients. Is Elizabeth Warren’s bill the right solution? Probably not. Another economic downturn would certain throttle back many of the excesses of the industry in an equally meaningful way.

Michael: As a sector-focused VC, I can’t see doing it any other way. The value we give to our LPs (many of them strategic), and to our portfolio companies (many of whom we are engaged on a near-daily basis), is entirely connected to our depth of focus on the world of mobility– from OEMs like our investors Renault-Nissan, BMW, Hyundai, to the world of micromobility with companies like Bird and Lime and everything in between.

VENTURE DEALS

– Thumbtack, a San Francisco-based local services marketplace, raised $150 million in funding. Sequoia Capital led the round, and was joined by investors including Baillie Gifford.

– Qomplx, a Reston, Va.-based intelligent decision platform provider, raised $78.6 million in Series A funding. Cannae Holdings Inc and Motive Partners led the round.

– Atom Bank, a U.K.-based digital lender, raised 50 million pounds ($62.5 million) in funding. Investors include Woodford Patient Capital Trust, BBVA, Toscafund and Perscitus LLP.

– TurnKey Vacation Rentals Inc, an Austin, Texas-based vacation rental property management company for luxury and premium vacation rental homes, raised $48 million in funding. Altos Ventures led the round.

– Fetch Robotics, a San Jose, Calif.-based intralogistics automation company, raised $46 million in Series C funding. Fort Ross Ventures led the round, and was joined by investors including CEAS Investments, Redwood Technologies, TransLink Capital and Zebra Ventures, O’Reilly AlphaTech Ventures, Shasta Ventures, Softbank Capital and Sway Ventures.

– Tile, a San Mateo, Calif.-based developer of small square-shaped tags and other technology to help people keep track of physical belongings, raised $45 million in funding. Francisco Partners led the round, and was joined by investors including GGV Capital and Bessemer Venture Partners, Bryant Stibel and SVB Financial Group.

– Arrcus, a San Jose, California-based provider of software driven solutions, raised $30 million in Series B funding. Lightspeed Venture Partners led the round, and was joined by investors including General Catalyst and Clear Ventures.

– Balena, a Seattle-based developer of infrastructure for the management of fleets of connected IoT devices, raised $14.4 million in Series B funding. OpenView led the round, and was joined by investors including Threshold Ventures, Aspect Ventures, and GE Ventures.

– Gamaya, a Switzerland-based agricultural tech company, raised 12 million CHF (about $12.1 million) in Series B funding. Mahindra & Mahindra led the round.

– Cambridge Touch Technologies, a U.K.-based provider of piezoelectric UltraTouch multi-force-and-touch technology to the consumer electronics, automotive, industrial and military markets, raised $10 million in Series B funding. Kureha Corporation led the round, and was joined by investors including Parkwalk, Downing Ventures, CM Ventures, Amadeus Capital Partners, Puhua Capital, Futaba Corporation, and The University of Cambridge.

– Bravado, a San Francisco-based professional network for sales, raised $12 million in funding, including a $8.5 million Series A round led by Redpoint. Other investors include Freestyle Capital, Village Global, Precursor Ventures, Kindred Ventures and Kevin Mahaffey.

– Replicant, a San Francisco-based provider of artificial intelligence-enabled voice technologies, raised $7 million in seed funding. Investors include Atomic, Bloomberg Beta, Costanoa Ventures, and Norwest Venture Partners.

– Freedom Robotics, a San Francisco-based provider of cloud and on-device software for monitoring, control and management of robots and robotic fleets, raised $6.6 million in seed funding. Initialized Capital led the round, and was joined by investors including Toyota AI Ventures, Liquid 2 Ventures, Andrew Miklas from S28 Capital, James Lindenbaum, Green Cow Venture Capital, Justin Kan, Josh Buckley, Kevin Mahaffey, and Arianna Simpson.

– DemandJump, an Indianapolis-based marketing technology firm, has raised $5.5 million in funding. BIP Capital led the round.

– Tapcart, a Santa Monica, Calif.-based SaaS platform that allows Shopify brands to create mobile shopping apps, raised $4 million in seed funding. Greycroft led the round, and was joined by investors including Amplify.LA, Act One Ventures and Luma Launch.

– Pomona, an Indonesia-based omni-channel marketing and sales solutions provider, raised $3 million in Series A-2 funding. Vynn Capital led the round, and was joined by investors including Ventech China and Amand Ventures following on. Existing investors Stellar Kapital and Central Capital Ventura also participated.

– Opiniion, a Lindon, Utah-based customer review and online reputation management company, raised $1.5 million in seed II funding. RET Ventures led the round.

– Canvas GFX, a Plantation, Fla.-based provider of graphics, illustration and publishing software, raised $1 million in funding from Wisdom LLP.

– Agolo, a New York-based AI startup focused on natural language processing, raised funding of an undisclosed amount. Investors include M12, Google, and Tensility Venture Partners.

HEALTH AND LIFE SCIENCES DEALS

– Freenome, a San Francisco-based biotechnology company developing a multiomics platform for early cancer detection, raised $160 million in Series B funding. RA Capital Management and Polaris Partners co-led the round, and were joined by investors including Perceptive Advisors, T. Rowe Price Associates, Inc., Roche Venture Fund, Kaiser Permanente Ventures, and the American Cancer Society’s BrightEdge Ventures. Existing investors Andreessen Horowitz, GV, Data Collective Venture Capital, Section 32, and Verily Life Sciences also participated.

– X-Vax Technology Inc, a Jupiter, Fla.-based herpes vaccines developer, raised $56 million in funding. Investors include Johnson & Johnson Innovation – JJDC, Inc., Adjuvant Capital, Serum Institute of India, Alexandria Venture Investments and FF DSF VI.

– Benchling, a San Francisco-based life sciences R&D cloud platform, raised $34.5 million in Series C funding. Menlo Ventures led the round, and was joined by investors including Lead Edge Capital, Y Combinator Continuity, Benchmark and Thrive Capital.

PRIVATE EQUITY DEALS

– Abris Capital Partners agreed to acquire Global Technical Group, a Romania-based building management solution provider. Financial terms weren’t disclosed.

– Innova Capital agreed to acquire Optiplaza, a Romania-based provider of eyewear. Financial terms weren’t disclosed.

– Quad-C Management Inc made an investment in Boulder Scientific Company, a Colorado-based specialty chemical firm. Financial terms weren’t disclosed.

– Post Capital Partners recapitalized IntraLogic Solutions, Massapequa, N.Y.-based national security solutions provider. Financial terms weren’t disclosed.

– Aurora Capital Partners acquired Cold Chain Technologies, a Franklin, Mass.-based provider of single-use and reusable passive thermal packaging solutions. Financial terms weren’t disclosed.

OTHER DEALS

– Moody’s Corporation (NYSE:MCO) acquired a majority stake in Four Twenty Seven,, Berkeley, Calif.-based provider of data, intelligence, and analysis related to physical climate risks. Financial terms weren’t disclosed.

IPOs

– GFL Environmental Holdings, an Ontario, Canada-based waste management firm, filed for an $100 million IPO (like a placeholder figure). Previously, it was reported GFL was seeking a $1.5 billion IPO. The firm posted $1.9 billion in revenue in 2018 and loss of $483.3 million. BC Partners, Ontario Teachers, and GIC back the firm. It plans to list in the U.S. and on the TSX. Read more.

– SDIC Power Holdings, a Chinese state-backed energy firm, hired three bankers to list on the London exchange, Reuters reports citing sources. It plans to raise between $500 million to $1 billion. Read more.

– Verallia, a French bottle maker, is reportedly seeking a Paris listing instead of a sale, per Reuters. Apollo backs the firm. Read more.

– Health Catalyst, a digital records health firm, now plans to raise $172 million in an IPO of 7 million shares priced between $24 to $25, an upsized offering with increased pricing. The firm posted revenue of $112.6 million and loss of $62 million in 2018. Norwest (20.9% pre-offering), Sequoia (21.9%), and UPMC (6.3%) back the firm. It plans to list on the Nasdaq as “HCAT.” Read more.

– Sundial Growers, a Canadian cannabis producer, plans to raise an estimated $130 million in an IPO of 10 million shares priced between $12 to $14. The firm did not post revenue in 2018, and loss of $56.5 billion. It plans to list on the Nasdaq as “SNDL.” Read more.

– Borr Drilling, a Bermuda-based offshore drilling company, plans to raise $51 million in an initial public offering of 5 million shares priced at $10 based on its most recent pricing on the Oslo Børs, where it lists as “BDRILL”. Schlumberger Oilfield Holdings backs the firm. It plans to list on the NYSE as “BORR.” Read more.

EXITS

– Etsy acquired Reverb, a Chicago-based music gear site, for $275 million. Reverb had raised approximately $47 million in venture funding from investors including Summit Partners, FJ Labs, Max Levchin, Jose Marin, and Adam Bain.

– Audax Private Equity sold Preferred Compounding, a Copley, Ohio-based provider of proprietary and custom mixed rubber compounds, including strips, slabs, pellets and calendered sheet end forms. The buyer was HEXPOL. Financial terms weren’t disclosed.

– Equistone Partners Europe agreed to acquire Heras, a Netherlands-based provider of perimeter protection solutions, from CRH plc. Financial terms weren’t disclosed.

FIRMS + FUNDS

– Flare Capital Partners, a Boston-based venture capital firm, raised $255 million for its second fund.

PEOPLE

– Mark H. Goldstein joined Builders VC as a general partner.

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velmaemyers88 · 6 years ago