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Own Up and Realtor.com Join Forces to Streamline the Home Buying Process
Relationship designed to increase consumer confidence throughout the homebuying journey BOSTON, Aug. 31, 2022 -- Own Up, a digital mortgage shopping service, today announced a commercial relationship with Realtor.com, a real estate marketplace operated by News Corp's subsidiary, Move, Inc. Own Up and Realtor.com are mission-aligned companies, both aiming to improve the home buying process for Americans looking to close on their dream homes. Alongside this new collaboration, Own Up closed a $25M round of funding, led by Brand Foundry Ventures. Realtor.com is among the investors participating in the funding round, which also saw return participation from past investors, Link Ventures and Listen Ventures. The injection of capital will allow Own Up to continue to build out its innovative technology platform, expand its novel shopping experience and product offerings, and invest in the Company's people and culture. Own Up and Realtor.com's relationship will give users direct access to Own Up's mortgage shopping service, including personalized loan offers from its exclusive lender marketplace and real-time advice from the industry's only mortgage shopping concierge. The integration with Realtor.com will allow homebuyers to gather detailed information about their home financing options as they search listings and find real estate agents. The housing market has been increasingly challenging for buyers over the past 12 months, with low inventory, rising prices, higher mortgage interest rates, and high-stakes bidding wars. That has caused heightened stress and anxiety for hopeful buyers, an issue Own Up and Realtor.com hope to work together to address. "From day one, our singular goal was to be a champion for the consumer and bring greater transparency to the home buying process. As the mortgage industry continues to see changes at a rapid clip, it's crucial that consumers are armed with the right information to make the best financial decisions," said Patrick Boyaggi, CEO and co-founder of Own Up. "Realtor.com plays an essential role in the home search process for so many Americans and now we'll be able to provide mortgage education and tools to comparison shop, boosting buyer confidence as they move through the process." "Own Up's team brings deep mortgage expertise to the Realtor.com online experience," said Realtor.com CFO Bryan Charap. "This relationship is a natural fit; together we're able to expand upon our shared goal of helping Americans find and close on their dream homes." "The housing market is at an inflection point, marked by a lack of inventory and a historic rise in interest rates, and Own Up is uniquely positioned to help consumers navigate one of the most tumultuous components," said Brian Spaly, General Partner at Brand Foundry Ventures. "This next phase of growth will further cement Own Up's position as the mortgage shopping experts, ensuring no borrower overpays on their mortgage. At this time of inflation and a pending recession, cost-savings has never been more important." For more information on Own Up's mortgage marketplace, visit www.ownup.com. About Own Up Founded in 2016, Own Up is changing the way Americans shop for and secure mortgages, injecting transparency into an opaque process and empowering consumers to make smart financial decisions with the help of intelligent technology and real human advisors. NMLS #: 1450805. About Realtor.com® Realtor.com® is an open real estate marketplace built for everyone. Realtor.com® pioneered the world of digital real estate more than 25 years ago. Today, through its website and mobile apps, Realtor.com® is a trusted guide for consumers, empowering more people to find their way home by breaking down barriers, helping them make the right connections, and creating confidence through expert insights and guidance. For professionals, Realtor.com® is a trusted partner for business growth, offering consumer connections and branding solutions that help them succeed in today's on-demand world. Realtor.com® is operated by News Corp subsidiary Move, Inc. For more information, visit Realtor.com. About Brand Foundry Ventures Brand Foundry Ventures (BFV) is an early-stage venture capital firm investing in the next generation of companies that are essential to today's consumer.
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NEW: The Benefits of Homesnap Showings for Buyer's Agents
By now, we hope you've heard the good news: Homesnap Showings is now included as part of Homesnap Pro, available for FREE to agents nationwide as an MLS benefit. We've already covered how Homesnap Showings is a boon to listing agents, but we built this one-stop showing management technology with buyer's agents in mind, too. As a buyer's agent, you have specific challenges and needs — namely, going above-and-beyond to help your clients find their new home. With Homesnap Showings, being a buyer's agent becomes easier for you and buying a home becomes more enjoyable for your clients. For agents looking for a one-stop showings management tool that improves their clients' experience, Homesnap Showings offers five primary benefits: Instant bookings: See available times and book them in a single click. Seamless agent communication: Connect with listing agents seamlessly via Homesnap Messages. Customized itineraries: Compile all your showings — across different showing management tools — in one place. Smart routing: Get an optimized route mapped out for your day of showings. Easy feedback: Fill out feedback forms and let the listing agent know how interested you are in the property. 1. Instant bookings Homesnap Showings eliminates the time-consuming need to make calls or wait to schedule a showing. If you find a time that works for you and your client, instantly book it. All available showing times are preset by the listing agent for you to select. If the property requires approval before the showing can be booked, the listing agent will be immediately notified upon your submission request. Better yet, Homesnap Showings will hold the calendar reservation even before approval to avoid double bookings. 2. Seamless agent communication With Homesnap Messages, Showings keeps agents in-the-know. Once you submit your request, the listing agent will receive a notification — and as soon as they approve your request, you will be informed immediately! Life can be messy. If you have an issue, need to reschedule, or just have a quick question, you can use Homesnap Messages to send the listing agent a note directly within the app. 3. Customized itineraries Plan the optimal day for a buyer. With itineraries, you customize the best experience for your client. Whether you plan a day to see 1 property or 10 properties, you have full control over your itinerary, even if one of the properties on your itinerary is managed with a different showing management tool. Your whole schedule, access details, and agent contact info will be in one place. Share the day you planned with your client, and add non-showing related stops such as getting coffee or lunch to design a wonderful experience for your client. 4. Smart routing Once you've built your itinerary and booked your showings, Homesnap Showings will automatically map out the best route to take. You can adjust and set the path you wish to take and share it with your client. 5. Easier feedback, better client collaboration Within your itinerary dashboard, you can access easy-to-use feedback forms to let the listing agent know how your client felt about the property. Once your showing ends, you will receive automatic notifications that give you the option to work with your client and provide comments or interest level in the property — making it more likely your client will receive a call back about properties they're actually interested in. Check out our Homesnap Showings dashboard and experience first-hand how Showings improves buyers' agents performance and client satisfaction. To view the original post, visit the Homesnap blog.
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Home Shoppers Are Looking for More Flexibility in Their Home Space and Are Willing to Swap Short Commute Time for Affordability, According to Realtor.com Survey
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W+R Studios Announces New Cloud Streams Complete with Redesigned User Interface, New Activity Stream, and Improved User Experience
Updated design inspired by social media will feel new, yet familiar and activity streams help agents and buyers work better together. HUNTINGTON BEACH, CA (April 16, 2019) - Real estate software company W+R Studios announced today the release of a new version of Cloud Streams. Since launching in 2014, Cloud Streams has become the leading listing alert tool for real estate agents and brokers in North America. Agents can easily connect buyers to new listings by setting up streams based on buyer criteria and delivering alerts via text message. The new Cloud Streams has an updated UI giving agents an even more seamless process for adding new clients and creating streams. Now at a glance, Agents can now see client activity, preview sent alerts as well as see any client comments. The process for creating a stream in Cloud Streams has also been simplified. Plus, a singular search bar has been added to make selecting an area by zip code or map quick and easy. "We launched Cloud Streams five years ago with the goal of helping agents deliver the fastest listing alerts to their buyers - and it's done exactly that. But it was time for a refresh," stated W+R Studios co-founder Greg Robertson. "We think our design team has knocked it out of the park. Agents are going to love the new look and feel, activity streams and ease of use," concluded Mr. Robertson. To find out more about the new Cloud Streams visit http://cloudagentsuite.com. About W+R Studios Founded in 2008, W+R Studios is a privately held web software company located in Huntington Beach, California. The company focuses on creating the next generation of web-based software solutions for the real estate industry. By providing a "less is more" approach to software design, elegant user interfaces, and using the latest in agile programming, W+R Studios' software applications are at the same time powerful, yet accessible to everyone. Co-founders Dan Woolley and Greg Robertson have over 26 years of experience each developing and marketing real estate software solutions.
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Buyer's Agent: Automatically Post Your Sold IDX Listings to Facebook
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HomeDiary Plugs into MoxiWorks Power Strip
MoxiWorks adds HomeDiary as the newest member of their Cloud open platform December 3, 2017 – Seattle, WA – MoxiWorks recently partnered with FloorPlanOnline's HomeDiary service to offer HomeDiary PRO to MoxiWorks users. HomeDiary is a homeowner management platform that includes a free 3D space planner, as well as other tools to help create a digital record of the home. HomeDiary PRO helps REALTORS® stay connected to their client base throughout the whole homeownership lifecycle. Through the Moxi integration, PRO not only provides marketing tools for the listing side of the transaction, such as completely hands-free, automated single property websites and the free use of the advanced 3D floor plan engine, it also enables agents to stay relevant with their client base as they live in their home with the included HomeDiary sponsorship for an unlimited number of clients. The HomeDiary PRO system is extremely affordable - priced at less than the daily cost of a cup of coffee. "There has been a lot of discussion recently about staying in touch with your client base, or sphere of influence," says Mike McHenry, VP of Channels and Partnerships. "After all, it is somewhere between six to ten times more expensive to get a new client than keep an existing one. But tools have been lacking that create compelling reasons for homeowners to use and engage, as they are mostly singular or one-time use tools. This is where we see HomeDiary filling a vital gap for the agent and their clients." As a digital record of a home, HomeDiary is where homeowners can log projects, photos, improvements, and documents for easy reference to create a digital record of the home. HomeDiary's 2D and 3D space planner allows homeowners to draw a room or an entire floor plan if desired. They can plan furniture layouts, virtually change flooring, plan patio and landscaping ideas, and even play with paint color palettes. Homeowners can even experiment with what that open concept might look like, before they pick up a hammer. It enables any home to have a 3D floor plan visualizer, similar to what you see on those popular home improvement shows. "Our goal is to make documenting your home quick and easy, and to enable every home in America to have 3D floor plan, just like what you see on TV," said Kris Cone, CEO of HomeDiary. "Plus, the HomeDiary platform allows agents to leverage that great content created for the listing to be a useful asset for the buyer, just by claiming the home from the tour, something no other tour company can do." HomeDiary PRO helps agents provide a simple documentation tool to their client base and add another reason to reach out to their sphere. With all of the natural disasters lately, this is a big problem needing a solution. According to HomeDiary research, some 75% of homeowners have no system to document their home for insurance purposes. This creates an issue if disaster strikes. Homeowners are at risk of losing thousands of dollars in value if a fire, flood, hurricane or tornado strikes and there is no record of what was in the home. HomeDiary can help the homeowner reduce that risk in a fast and easy way. About MoxiWorks MoxiWorks is a residential brokerage services company that makes agents significantly more productive and brokerages more profitable by helping them effectively run their businesses. MoxiWorks' integrated tools are centered on a sphere-based selling process that drastically increases agents' repeat and referral business, while lowering overall technology, training and support costs for the brokerage. With MoxiWorks, brokerages are able to make their agents' lives simpler and their businesses more successful. More information at moxiworks.com. About HomeDiary Every HOME has a STORY to tell. HomeDiary was created by a group of veterans from the online real estate industry to create a platform to make it easy to manage and document any home. Their mission is to help you better manage your most important asset to improve its value and reduce the risk of ownership. Discover more at homediary.com, or see our Home pro plans at homediary.com/pro.
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Down Payment Program Data Grows in Size and Scope
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Buyside Launches Fall 2017 Update
You spoke - we listened! Based on your feedback we've updated the BMA -- three changes are highlighted below --- and be on the lookout for additional updates as we continue to improve Buyside! 1. Creating a BMA: Decide which estimates you want to display You can now choose which computer generated estimates that YOU want to appear on the report, giving YOU more control! 2. Creating a BMA: Choose a price range to narrow buyers If you have the Featured Buyers* section in your BMA, you can now choose the target price range to display the number of buyers YOU want to appear on the report. Note: The report will display up to 9 sample buyer profiles and the *Featured Buyers section is not available for all brokerages. 3. BMA & HVS Reports: New Layout and Heatmap tooltips We reordered the sections of the BMA and HVS to provide a more intuitive flow throughout the report. For those with Featured Buyers, your Potential Buyers Circle will now appear on the same page as your Buyer Profiles: Heatmap Tooltips have also been added to provide better clarity of activity in area: "Buyer Activity" is now "Online Activity" to better represent the source of the data. Additional information on this release can be found on the Product Update Log within our Help Center. If you have any specific questions, please reply to this email or contact us: [email protected]
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REALTOR Organizations Increasing Consumer Confusion on Real Estate Representation
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Cloud Streams’ Listing Alerts are Faster and More Reliable than All Major Listing Portals
HUNTINGTON BEACH, California – Privately held software company, W&R Studios, announced today results of an internal study showing that listing alerts sent via Cloud Streams are delivered faster and more reliably than all major listing portals tested. “Starting in September of 2015, we did an experiment. We signed up for the same saved search on every major listing portal to see how they compared to Cloud Streams. The results were pretty shocking,” stated Greg Robertson, co-founder of W&R Studios. “In total, we tested 5 major metropolitan markets and are now releasing the data for two of them, Southern California and the Seattle area. In every case, Cloud Streams beat them all.” Cloud Streams is a listing alert and client collaboration tool for real estate agents. Buyers receive branded “real-time” listing alerts by email and/or text via desktop, tablet, iPhone or Android app. Listing alerts link directly back to the client’s personalized property stream, and agents are immediately notified when their clients “like” or want to discuss properties in their stream. “In the Seattle area, buyers using Cloud Streams would get listing alerts up to 23 hours faster than Zillow’s “Instant” alerts on average, and up to 45 hours faster than listing alerts on realtor.com,” stated Mr. Robertson. “The other side of the coin is reliability. Of 56 qualifying properties Zillow only sent out 25 alerts (45%), realtor.com only sent out 29 (52%),” continued Mr. Robertson. “In a hot real estate market being the first to know can make all the difference. Real estate agents using Cloud Streams make sure their clients get all matching properties, first.” Testing was done from 9/17/2015 to 12/21/2015 in both Southern California (CRMLS) and Seattle (NWMLS). W&R Studios will post a spreadsheet showing the data collected. To learn more about Cloud Streams, please visit http://CloudStreams.net. About W&R Studios Founded in 2008, W&R Studios is a privately held web software company located in Huntington Beach, California. The company focuses on creating the next generation of web-based software solutions for the real estate industry. By providing a “less is more” approach to software design, elegant user interfaces, and using the latest in agile programming, W&R Studios’ software applications are at the same time powerful, yet accessible to everyone. Co-founders Dan Woolley and Greg Robertson have over 20 years experience each developing and marketing real estate software solutions.
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RealtyTrac Launches HomeDisclosure.com Providing "Pre-Diligence" Reports for 117 Million U.S. Homes
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