Posts tagged with "Pilot program"

RealVitalize lets you pay for home improvements when you sell the property, with no up-front costs

November 7, 2019

Coldwell Banker, a real estate franchise that is owned by Realogy , has partnered with the online home improvement service, HomeAdvisor, to launch RealVitalize. The program will provide home sellers with improvement resources prior to or during the home listing period—with no up-front costs or interest charges.

Through the program, a homeowner who lists a property for sale with a participating brokerage company will have the option to make non-structural home improvements and repairs using a service professional from the HomeAdvisor network. The program also is available to current home sellers who want to enhance their residences to help achieve optimal offers.

The brokerage will cover the upfront costs of the repairs, which will be repaid by the seller when the property sale closes or the listing expires. There are no additional fees to participate in the program and no minimum listing price. Available projects include staging, appliance purchasing and installation, handyman services, painting, kitchen and bathroom upgrades, and more.

HomeAdvisor will help manage projects from start to finish, finding appointment times that work conveniently within the homeowner’s schedule. Experienced, pre-screened service professionals from HomeAdvisor’s network will make the improvements.

This program, powered by HomeAdvisor, is an exclusive offering for Coldwell Banker clients and continues to build on HomeAdvisor’s vision to create deeper relationships with customers, provide more value for its participating service professionals and meet customers wherever they need home services.

The pilot program already has launched in the Columbus, Denver, Orlando,. and Tampa, market areas with a national roll-out planned later this year. Realogy and HomeAdvisor will continue to explore opportunities for expansion in 2020.

Research contact: @Realogy

Stockton, California, experiments with Universal Basic Income

May 8, 2018

On May 4, Mayor Michael Tubbs (D) of Stockton, California, appeared on the HBO political talk show Real Time with Bill Maher to discuss a pilot program he is sponsoring that would give some low-income residents of the city $500 a month—no questions asked.

The program, called Universal Basic Income—which would require the participants to take courses, check in with advisors, and turn their lives around before receiving the money—is one of the first of its kind nationwide; but already has been tried in Finland, with mixed results.

According to CNBC, pilot programs also are underway in Canada and rural Kenya.

And today, fully 48% of Americans support the idea (and 52% oppose it), according to a recent Northeastern University/Gallup survey of more than 3,000 U.S. adults.

Indeed, Americans are almost equally split over a hypothetical universal basic income (UBI) program that would guarantee a minimum income for workers who lose their jobs because of advances in artificial intelligence (AI).

However, they are united in their fear of what AI will do to the U.S. job market. The report found 73% of Americans predicting that AI will lead to a loss of more jobs than it creates.

Some U.S. demographic groups are more supportive of the concept than others. More than six in 10 self-described Democrats (65%), as one example, say they would support a UBI program, compared with slightly more than one in four (28%) Republicans.

Additionally, roughly half of most U.S. adult age groups express support. However, support is substantially lower—38%—among Americans aged 66 and older.

While the exact cost of a UBI program in the U.S. depends on the specific details, it is estimated the program could run into the trillions of dollars. U.S. adults who favor a UBI program show mixed support for the idea of financing this type of program through taxes: About 46% say they would be willing to pay higher personal taxes to fund the program and 54% say they would not be.

But for now, Mayor Tubbs is “all in.”  He says, ““I feel that as mayor it’s my responsibility to do all I could to begin figuring out what’s the best way to make sure that folks in our community have a real economic floor.”

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