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Keller Williams Unveils KW Expansion Network
Matthew Szalecki to lead efforts to be operational across U.S. by early 2022 AUSTIN, TEXAS July 20, 2021 -- Keller Williams ("KW"), the world's largest real estate technology franchise by agent count and the U.S. leader in units and sales volume, is launching the KW Expansion Network to solely support the business operations of U.S.-based KW real estate expansion teams. "Top-producing real estate teams continue to outperform the market substantially, so we're accommodating their expansion needs under one national brand and one national brokerage," said Marc King, president, Keller Williams. "According to REAL Trends' 'The Thousand,' the top-producing, U.S.-based real estate teams ranked by transaction sides saw mean transactions increase by 49.7% in 2020 over 2019," said King. By early 2022, the KW Expansion Network will be operational in all 50 states. Throughout 2021, KW will continue to initialize operations of the network. A KW expansion team is a team that expands beyond its local market to a new location. The KW Expansion Network will maximize operational efficiencies for teams and offer a simplified, standardized compensation plan for expansion teams to grow into new markets. The network was developed in partnership with KW's franchise owners and stakeholders. Matthew Szalecki has been appointed the senior director of strategy and operations at the KW Expansion Network. Along with leading the initial R&D efforts, he will direct the operations, risk management, and strategic policy and vision for the network. Szalecki previously served as director of brokerage operations for Fathom Realty and as a regional operations manager for eXp Realty. "I'm both honored and humbled by the opportunity to lead the KW Expansion Network," said Szalecki. "We already lead the industry in the development and success of real estate teams. Now, we've made it operationally and financially simple to grow a team without borders." "Along with the operational efficiencies, expansion teams will be further supported with physical space provided by Keller Williams' existing local offices for agents to meet with clients, attend live training events and closings, and contribute to the culture of the local market center," said Szalecki. About Keller Williams Austin, Texas-based Keller Williams, the world's largest real estate technology franchise by agent count, has more than 1,080 offices and 195,000 associates. The franchise is also No. 1 in units and sales volume in the United States. kwx is the holding company of Keller Williams. In 2020, Keller Williams initially began the formation of kwx, composed of Keller Williams, Keller Williams Worldwide, Keller Offers, and Keller Home Financial Services, consisting of Keller Mortgage and Keller Covered. Since 1983, the company has cultivated an agent-centric, technology-driven, and education-based culture that rewards agents as stakeholders. For more information, visit kwx.kw.com.
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eXp World Holdings and Kind Lending Unite to Launch SUCCESS Lending, LLC, a New Residential Lending Platform
BELLINGHAM, Wash. - July 15, 2021 -- eXp World Holdings, the holding company for eXp Realty, one of the fastest-growing residential and commercial real estate companies in the world, today announced a new joint venture ("JV") with Kind Lending, a rapidly growing nationwide residential mortgage provider, to establish SUCCESS® Lending. SUCCESS® Lending builds on the heritage of SUCCESS Enterprises, a 124-year-old company and a leader in the personal development industry. This new venture will enlist expert loan officers, currently working with top eXp agents, to provide lending solutions to consumers engaged in the homebuying journey. Both eXp Realty and Kind Lending have been disruptors in the real estate and mortgage industries, respectively, and are primed to break from traditional models and remove friction in the homebuying and selling processes. Housing and lending veterans, Glenn Sanford and Glenn Stearns, have a shared vision of innovating with top achievers in the mortgage industry to improve the overall homebuying experience. "We are taking a collaborative approach to home lending that will connect an ecosystem of expert real estate and mortgage professionals. Our mission is to help people find, own and sell homes. It started by reimagining the real estate brokerage from the ground up for real estate professionals and now we are focused on establishing a high-quality network of lending professionals to guide consumers through the mortgage process as well. Our agents are seeking a synergistic mortgage solution that provides greater efficiencies and clearer communication for their customers. SUCCESS® Lending was formed to fill that need," said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. Kind Lending, founded in 2019, brings together the top minds in the mortgage industry to reinvent the mortgage process through technology and process efficiencies, while humanizing the mortgage journey for homebuyers. Kind Lending originated nearly $4 billion in its first 12 months, and the Scotsman Guide ranked it the 22nd largest lender in the first quarter of 2021. The company and its leadership are dedicated to a customer/client-centric model based on transparency and integrity in mortgage lending standards with a unique value proposition built on a platform of kindness. "eXp Realty shares our core values of community and service. It is through innovation and empowerment we can assist more homebuyers to fulfill their dream of homeownership. We are excited to team up with a company recognized as an industry titan with strong leadership and financial results. The cultural fit of our two companies is the foundation of innovating business models and creating a better experience for customers," said Glenn Stearns, Founder and CEO of Kind Lending. About eXp World Holdings, Inc. eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty, Virbela, Showcase IDX and SUCCESS Enterprises. eXp World Holdings and its global brokerage, eXp Realty, is one of the fastest-growing real estate tech companies in the world with more than 59,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel and Panama, and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive. For more information, visit expworldholdings.com. About Kind Lending Headquartered in Southern California, Kind Lending is the fastest growing residential mortgage banker in the country, earning its distinction as a top 25 lender in the industry within its first year of production. Founded by industry veteran Glenn Stearns in 2019, the Retail, Wholesale, and JV divisions are built on the principles of simplified processes, team empowerment, inclusivity and advancing the Kind Movement. For additional information, visit KindLending.com. Company NMLS #3925
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Delta Media triples staff in last 36 months as 2021 growth surge will result in doubling its workforce in 2022
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Sibcy Cline launches new iBuyer and modern Bridge programs by zavvie
New Sibcy Solutions offers all selling options to local homeowners Cincinnati, OH - July 12, 2021 -- In a hot seller's market, with homes selling faster and above asking price, local homeowners are considering ways to maximize their profit when they decide to sell. But what's different now than past seller markets? According to Sibcy Cline Realtors, sellers have more choices than ever, but they may not be aware of all the possible ways to sell their home — and which option is best for them. To help, Sibcy Cline, the largest independent real estate broker in Greater Cincinnati and Dayton, Ohio, Northern Kentucky, and Southeastern Indiana, is launching its new Sibcy Solutions, powered by zavvie. Sellers can compare and choose from between an instant cash offer from an iBuyer, a modern Bridge option or list their home on the open market to maximize their sales price and net proceeds. Sibcy Solutions provides "the most ways to sell a home" throughout Sibcy Cline's markets, using new technology from zavvie that helps agents showcase all selling options for local homeowners. "Homeowners have an unprecedented opportunity today to find the best way to sell their home," said Robin S. Sheakley, President of Sibcy Cline Realtors. "They can see instant all-cash offers from iBuyers. Or they can decide with a modern Bridge option to buy their next home before they sell their current one. It all begins online and includes working closely with a Sibcy Cline real estate agent, who can answer all their questions and provide expert local advice." Sheakley notes that many homes in the local market still see multiple offers, and that homes are typically selling for more than their list price. Sheakley said. "While we are well-known for using the latest technology to help our clients, the most important ingredient for a successful sale remains the help of a trusted real estate agent — and we have 1,000 local experts ready to help." With Sibcy Solutions, homeowners working with a Sibcy Cline agent can determine which sales path makes the most sense for them. An all-cash instant offer from an iBuyer requires properties in good condition and within a targeted price range. With a modern Bridge path, a homeowner can buy their next home before selling their current one, giving them more control over their moving timeline. Sibcy Cline agents also can help homeowners sell on the open market — which is the most popular choice, as it typically results in the highest sales price and net proceeds. "For over 50 years, Sibcy Cline Realtors always been in the forefront of the industry," said Lane Hornung, zavvie co-founder and CEO. "By bringing Sibcy Solutions to their local markets, they are once again delivering to their clients new and exciting ways to sell a home." "Sibcy Cline agents take exceptional care of their clients so their clients can choose the path to sell that works best for them," Hornung added. Access to Sibcy Solutions is available by asking any Sibcy Cline agent about the program. About Sibcy Cline Realtors Sibcy Cline Realtors is the largest independent real estate broker in Greater Cincinnati and Dayton, Ohio, Northern Kentucky, and Southeastern Indiana. Since the 1930s Sibcy Cline has been part of the local landscape as one of the most respected real estate companies, ranking among the nation's top 50 independent real estate firms. A family company locally owned and operated, Sibcy Cline is a full-service real estate firm offering mortgage, relocation, insurance, title, and home services division, with 1,000 real estate agents in 20 branch office locations. Learn more at sibcycline.com. About zavvie zavvie brings together leading brokerages and innovative Verified Buyers in a marketplace that offers a modern, one-button digital experience for home sellers. Over 60,000 real estate agents in 47 states leverage zavvie's platform to serve their clients better. As the first end-to-end real estate brokerage platform offering a full spectrum of selling solutions, zavvie gives modern brokerages and agents all they need to thrive in today's evolving real estate landscape: easy-to-use tools, technology, training, marketing, and strategy. Discover more at zavvie.com.
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eXp Commercial to Host Virtual Commercial Real Estate Symposium
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HGTV Joins Forces with LeadingRE and Luxury Portfolio for the HGTV Ultimate House Hunt 2021
Annual online awards spotlight extraordinary real estate listings CHICAGO - June 30, 2021 -- Leading Real Estate Companies of the World and Luxury Portfolio International announce the launch of the HGTV Ultimate House Hunt 2021. This is the tenth consecutive year HGTV has aligned exclusively with Leading Real Estate Companies of the World® and Luxury Portfolio International® for the popular online promotion, which generated more than 1.5 million votes last year. This year's Ultimate House Hunt runs from June 30 through August 4 on HGTV.com, featuring stunning homes for sale in eight categories: Amazing Kitchens, Beachfront Homes, Countryside Retreats, Curb Appeal, Downtown Dwellings, Homes with a History, Outdoor Escapes, and Waterside Homes. A special Global Homes gallery spotlights beautiful properties from outside of the U.S. All featured homes are represented by members of Leading Real Estate Companies of the World® and Luxury Portfolio International®. Consumers can tour the 66 homes selected as finalists by viewing photo galleries on HGTV.com before casting a vote for their favorite properties. A winner will be chosen in each category based on the highest number of votes received, and an overall favorite will be awarded for the listing receiving the most votes. "This year marks a decade since we first joined forces with HGTV for the Ultimate House Hunt. Our shared passion for beautiful homes and exceptional design has allowed us to showcase some of the finest properties in the world, and this year's finalists carry on that tradition. We look forward to showcasing these breathtaking homes and seeing which capture the attention of HGTV's audience," said Paul Boomsma, President/CEO of Leading Real Estate Companies of the World®. This year's finalists include 66 homes represented by 34 real estate companies: @properties; Allen Tate Realtors; Allie Beth Allman & Associates; Ansley Real Estate; ARC Realty; Beverly-Hanks, Realtors; CRYE-LEIKE Realtors; Dave Perry-Miller Real Estate; Deasy Penner Podley; Dickens Mitchener; Dilbeck Real Estate; Ebby Halliday Realtors; Harry Norman Realtors; Hawaii Life Real Estate Brokers; Houlihan Lawrence; Howard Hanna Real Estate Services; John L. Scott Real Estate; Kinlin Grover Real Estate; Latter & Blum; Leonard Ryden Burr Real Estate; Locations; Michael Saunders & Company; Nan and Company Properties; Phyllis Browning Company; ReeceNichols Real Estate; Resources Real Estate; Richardson Properties; Sandpiper Realty, Inc.; Slifer, Smith & Frampton Real Estate; Smith & Associates Real Estate; The Grubb Company; Village Properties; Watson Realty Corp.; William Raveis Real Estate, Mortgage & Insurance; Williams Trew; and Windermere Real Estate. Each winning home will receive editorial exposure on HGTV.com, as well as the prestige of being selected as a fan favorite. Additional properties featured in the Global Homes gallery come from seven different countries or territories around the world and are represented by Cofim Immobiliare; Daniel Feau Conseil Immobilier, SA.; Immobiliere Le Lion; Island Living Collective; Jawitz Properties; REmexico Real Estate; Stresa Luxury Real Estate; and The Whistler Real Estate Co., LTD. To view all homes and cast your vote, visit: HGTV.com/househunt About Luxury Portfolio International® (LPI) Luxury Portfolio International® is the luxury marketing division of Leading Real Estate Companies of the World®, the largest global network of premier locally branded firms dominated by many of the world's most powerful, independent luxury brands. Luxury Portfolio attracts a global audience of visitors from over 200 countries/territories every month and markets approximately 50,000 luxury homes annually. Well Connected.™ About Leading Real Estate Companies of the World® Chicago-based Leading Real Estate Companies of the World® is a global network of top independent real estate firms, with 550 companies and 150,000 sales associates in 70 countries. In 2020, network members participated in over 1.1 million global transactions. LeadingRE supports its members with powerful connections to other market leaders and access to innovative, performance-driven programs. Its online learning platform, LeadingRE Institute, was named to Training magazine's Top 10 Hall of Fame. LeadingRE is also active in commercial real estate, with 200 firms in 15 countries specializing in the commercial arena.
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ATTOM Acquires GeoData Plus, Continuing Its Mission to Increase Real Estate Transparency
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CoreLogic Announces Acquisition of ClosingCorp
Expands Suite of Digital Solutions and Intelligence to Enhance the Home Buying Process Irvine, CA, June 30, 2021 -- CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today announced the execution of a definitive merger agreement to acquire all outstanding shares of ClosingCorp. The transaction is expected to close in the third quarter of 2021 subject to regulatory approvals, and other customary closing conditions. ClosingCorp, headquartered in San Diego, is a valued partner to major participants in the housing ecosystem providing unique must have intelligence and digital solutions that streamline the quoting and ordering of critical settlement services needed to originate and service a home loan, eliminating friction, cost and risk. "ClosingCorp's unique solutions coupled with the property-level digital content and platforms of CoreLogic enables us to continue our rapid growth and accelerate the introduction of new high-demand products. Pairing our fees and order management platform with the greater resources that CoreLogic brings, will create significant benefits for our customers in terms of simplified workflow and continuous innovation," said Bob Jennings, ClosingCorp Chief Executive Officer. Frank Martell, President and CEO of CoreLogic said, "The CoreLogic team is excited to join forces with Bob and the ClosingCorp team as we expand our range of innovative best-in-class solutions for mortgage lenders, title and settlement companies and real estate professionals. The combination of ClosingCorp and CoreLogic digital solutions, platforms and domain expertise is clearly additive for our clients and the broader housing ecosystem." About CoreLogic CoreLogic, a leading provider of property insights and solutions, promotes a healthy housing market and thriving communities. Through its enhanced property data solutions, services and technologies, CoreLogic enables real estate professionals, financial institutions, insurance carriers, government agencies and other housing market participants to help millions of people find, buy, and protect their homes. For more information, please visit www.corelogic.com. About ClosingCorp Headquartered in San Diego, Calif., ClosingCorp owns and operates the premier source of intelligence for closing costs and service providers in the U.S. residential real estate industry. Through innovative solutions, progressive technologies and strong alliances, the company delivers timely, accurate and transparent results that help optimize closing processes and services for mortgage lenders, title and settlement companies and real estate professionals. Clients rely on ClosingCorp to help improve efficiencies and mitigate risk. For more information, please visit www.closing.com.
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Buyside's Industry-leading Home Valuation Pages Have a New Feature -- and It's a Game Changer for Real Estate Brokerages + Their Affiliated Mortgage Partners
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iBuyer Home Purchases Inch Back Toward Pre-Pandemic Levels
The year-over-year decline in iBuyer home purchases narrowed to 6% in the first quarter, when iBuyers snatched up 4,383 homes SEATTLE, June 25, 2021 -- The nation's top iBuying companies purchased 4,383 homes in the first quarter of 2021, according to a new report from Redfin, the technology-powered real estate brokerage. While that's down 6.1% from a year earlier, it's up 20.6% from the prior quarter—a sign that iBuyers are continuing to ramp up after pausing business at the beginning of the pandemic. Still, iBuyers make up a tiny portion of the overall housing market, purchasing just 0.5% of homes that sold across the 418 U.S. metropolitan areas tracked by Redfin in the first quarter. That's down from a peak of 0.8% in the second half of 2019 but up from 0.3% in the fourth quarter of 2020. The report is based on a Redfin analysis of MLS and public-records data on home purchases and sales made by well-known national iBuyers: RedfinNow (Redfin's iBuying business), Opendoor, Zillow Offers (Zillow's iBuying business), Offerpad and Bungalo. The term "iBuyer" (short for instant buyer) is used to describe real estate companies that purchase houses from homeowners in quick cash transactions by using algorithms to evaluate a property's worth based on comparable market data. iBuyers typically charge sellers a higher fee than a traditional real estate agent would given the certainty of a cash offer with a flexible move-out day and the convenience of avoiding home prep, showings and open houses. These companies then make any necessary improvements to the homes and resell them. Real estate firms including Redfin, Zillow and Opendoor put iBuying on hold at the onset of the coronavirus pandemic amid economic uncertainty. These companies resumed their iBuying businesses in May and June of last year as housing demand began to rebound thanks to record-low mortgage rates and a wave of relocations made possible by remote work. "Business really started ramping up in January and February. Since then, we've just had a constant barrage of deals," said Allister Booth, an acquisitions specialist at RedfinNow in Los Angeles. "We're back to full speed and are buying more homes than we were last year. After we buy and renovate those homes, we know we'll be able to sell them because there are so many more buyers in the market right now than there are homes available." Raleigh and Charlotte Are Top Markets for iBuyers In Raleigh, NC, iBuyers purchased 2.9% of the homes that sold during the first quarter—a larger share than any other top iBuyer market. Next came Charlotte, NC at 2.7%, Durham, NC and San Antonio, TX at 2.6%, Tucson, AZ at 2.3% and Phoenix at 2.2%. iBuyers Purchase Less Expensive Homes Than the Typical Homebuyer iBuyers bought homes for a median of $302,050 in the first quarter. By comparison, the median purchase price for the typical American homebuyer was $320,000. In every top iBuyer market*, iBuying companies purchased homes for less than the metro-area median. iBuyers Are Selling Homes in 13 Days—A Record Pace Nationally, the typical iBuyer-owned home found a buyer after 13 days on the market—the quickest pace since at least 2015, when Redfin began recording iBuyer data. That's down from 33 days a year earlier and a revised 18 days in the fourth quarter. By comparison, the typical home in the overall market spent 31 days on the market (also the quickest pace on record), down from 50 days a year earlier and unchanged from the prior quarter. In a majority of the top iBuying markets, iBuyers sold their inventory faster than the typical homeowner, with the largest margins in Raleigh and Durham (30 days faster), and Tucson (29 days faster). Lakeland, FL, Charlotte and Portland, OR were the only top iBuyer markets where iBuyers took longer to sell homes. iBuyers Offer Lower Commissions to Agents When They Sell Homes When iBuyers sold homes in the first quarter, they offered a 2.43% average commission to the real estate agents representing the buyers, down from 2.67% a year earlier. That compares with a 2.66% average commission in the market overall during the first quarter. iBuying companies have been experimenting with paying lower commissions to buyers' agents as a way to cut costs, which could allow them to make more competitive offers when purchasing homes themselves. This could put downward pressure on buyer's agent commissions across the industry, as data on these fees is becoming widely available to the public for the first time. To read the full report, including charts and methodology, please click here. About Redfin Redfin is a technology-powered real estate broker, instant home-buyer (iBuyer), lender, title insurer, and renovations company. We sell homes for more money and charge half the fee. We also run the country's #1 real-estate brokerage site. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can take an instant cash offer from Redfin or have our renovations crew fix up their home to sell for top dollar. Since launching in 2006, we've saved customers more than $1 billion in commissions. We serve more than 95 markets across the U.S. and Canada and employ over 4,100 people.
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LeadingRE Adds Ribbon to Solutions Group Program of Preferred Providers
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TourZazz Leads the Interoperability Charge in Real Estate Technology
Based on Data Standards, Interoperability Benefits MLSs, Brokerages, Agents, Home Buyers and Sellers, Revolutionizing a Closed Marketplace into an Open Marketplace AUSTIN, Texas -- The recent market disruption of real estate showing services has injected fear in the hearts of agents, brokers, and MLS systems alike--all surrounding the ownership of data. Using data standards put forth by the Real Estate Standards Organization (RESO) and used by MLS systems all over the country, application developers like TourZazz are leveraging this disruption to turn the closed marketplace into an open one. TourZazz is leading the way in the interoperability of systems by using these data standards and committing their API to support other real estate technology providers that adopt interoperability standards. This democratization of data benefits both home buyers and sellers, giving them (and their agents) the ability to choose the best tools that work for them. In addition, it enhances and protects the privacy consumers are demanding today. "I am proud to be an active member of RESO, as they are the leader in creating open standards that drive innovation in real estate technology. I recognize how standards and interoperability allow for faster software development, tighter integrations, and scalable tools that cross marketplaces—all of which produce more accurate, robust, and informative data. This is all to improve efficiency in delivering an enhanced customer and agent experience," said David Gumpper, Business Intelligence and Technology Consultant for WAV Group, and former Board of Directors and Chairperson of Broker Advisory Workgroup for RESO. "TourZazz is the poster child for interoperability, confident that open marketplaces lead to improved efficiency, effectiveness and choice for the entire ecosystem surrounding home buying and selling. We fundamentally believe that holistic ecosystems built upon the same source of truth empowers choice and delivers the best products in the technology stack, lifting the industry like a rising tide," said Tom West, Lead Investor and Advisor to TourZazz. TourZazz is a modern showing solution that focuses on the home buyer and the buyer's agent, offering a modern showing experience for both. For agents, building tour itineraries, coordinating with listing agents and working with client constraints will now be a breeze. The TourZazz platform uses modern technology such as AI, geolocation and data standards which reduces manual processes that often took hours to mere minutes. For homebuyers, having a modern interface -- compared to printed MLS datasheets -- means that notes can be taken online, tours and property information can be shared with family and friends, and collaboration with their agent is efficient, clean, and effortless. What's more, TourZazz releases listing showing services' functionality, enabling both buyers' agents and listing agents to better serve clients with one tool for managing home tours and seller listings, providing exceptional, concierge-level services to both buyers and sellers. The TourZazz listing management service will now be free to MLSs, brokerages and agents. About TourZazz TourZazz, the patent-pending, artificial intelligence-powered software, modernizes the entire showing and tour management process for all by automating communications and appointment confirmations, and empowering agents to deliver concierge-level experiences to customers. With TourZazz, buyer agents schedule efficient tours in minutes without using call centers, and listing agents manage showing availability in an easy-to-use interface. Additionally, brokerages now have insights and analytics into buyer agency to better retain, recruit, and support their agents in their business. MLS and Brokerages are encouraged to request a demo. Learn more at tourzazz.ai. About WAV Group WAV Group is real estate's leading consulting and research firm, offering a depth of experience in technology, strategic planning, research, business development, Mergers and Acquisition and valuation advisory, content creation, public relations, sales, product development and marketing in the real estate industry. Clients include some of the largest MLSs in North America, international real estate franchise organizations, large independent brokerages, technology companies, and trade associations. WAV Group partners have been CEOs, executive team members, or founders of Fortune 100 and venture-funded corporations and approach each relationship with a clear understanding of the challenges that face each client's businesses today.
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NAR's Third Annual iOi Summit Pitch Battle Competition Slated for August
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ATTOM Unveils Innovative Cloud-Based Platform Offering Instant and Direct Access to Its Data
Simplify Data Management, Improve Data Quality and Drive Business Value with ATTOM Cloud; Start with a 30-day FREE Trial IRVINE, Calif. -- June 10, 2021 -- ATTOM, curator of the nation's premier property database, today announced the launch of ATTOM Cloud, a new cloud-based platform that provides immediate access to high-quality curated property data. ATTOM Cloud allows customers to focus more time on extracting value from property data and less on complex data management processes and infrastructure. Getting started with ATTOM Cloud takes just minutes. Once implemented, ATTOM Cloud takes care of all data updates, so customers can stay focused on their product or analytic projects. Built-in flexibility provides for quick iteration and customer feedback, helping customers to drive additional revenue and lower costs. "Unlocking the power of data requires accessing it quickly and managing it well, which is becoming increasingly difficult," said chief technology officer Todd Teta with ATTOM. "In our space, many competitors promise immediate and consistent access to property data, but we're doing more than that – we're actually delivering it. We developed ATTOM Cloud to give our customers immediate access to data, streamed directly from our data warehouse in a platform that can grow with their needs." ATTOM customers have the option of registering for a 30-day, limited trial of ATTOM Cloud, which includes five pre-selected geographies. The registration process takes less than five minutes to complete, compared to a process that can take weeks or days with competitors – an issue ATTOM recognized and quickly addressed with the development and release of ATTOM Cloud. Once connected, ATTOM continuously administers and updates the data for customers, eliminating any need for data loading, updating, or management on the customers' part. Click here to view ATTOM's Table of Data Elements ATTOM Cloud complements traditional delivery models, such as flat files and APIs that require data mapping or software integration in order to use. It supports standard interfaces for connecting to data, so existing tools and technologies can be used. ATTOM Cloud also includes robust data discovery features and a support ecosystem that helps customers find, evaluate and use the data. "ATTOM Cloud is the extensible platform of choice on which to base your new real estate data project as it can be tailored to meet your needs, whether your application is supporting a website or serving as the hub of a data science project," said chief data officer Richard Sawicky with ATTOM. "The fundamental principle of our design is to ensure that customers have access to the most current and accurate data available." Elevate and Evolve with ATTOM Cloud ATTOM Cloud delivers large volumes of property data, that is immediate, comprehensive, focused, simple and convenient. ATTOM Cloud provides complete transparency to property data and will shape the future of data consumption. Learn more about how ATTOM Cloud can benefit your business, register for the ATTOM Cloud Webinar About ATTOM ATTOM provides premium property data to power products that improve transparency, innovation, efficiency and disruption in a data-driven economy. ATTOM multi-sources property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, and neighborhood data for more than 155 million U.S. residential and commercial properties covering 99 percent of the nation's population. A rigorous data management process involving more than 20 steps validates, standardizes, and enhances the data collected by ATTOM, assigning each property record with a persistent, unique ID — the ATTOM ID. The 20TB ATTOM Data Warehouse fuels innovation in many industries including mortgage, real estate, insurance, marketing, government and more through flexible data delivery solutions that include bulk file licenses, property data APIs, real estate market trends, and more. Also, introducing our latest solution, that offers immediate access and streamlines data management – ATTOM Cloud.
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Lone Wolf Assembles Dream Team of Real Estate Veterans, Leaders and Innovators
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BoomTown Chosen as a NextHome Approved Supplier
CHARLESTON, S.C., May 27, 2021 -- BoomTown, the leading cloud-based sales and marketing automation platform for real estate professionals, announced an official partnership with NextHome, an independently owned national franchisor with a focus on changing the way consumers work with local agents and shop for real estate online. "For decades, BoomTown has been an online lead provider in residential real estate. Their model makes their lead cost lower than many competitors, and their automated mid-funnel follow-up system is very strong," said NextHome's Chief Strategy Officer, Keith Robinson. "Given their high lead volume for the same spend and the ability to put all of your leads into their excellent follow-up methodology made this partnership an easy strategic decision." BoomTown offers NextHomies the industry's leading CRM solution that enables real estate professionals to drive website traffic, launch marketing campaigns, track leads' activities, build customer relationships, and streamline their days. In addition, expert teams are at the ready to handle everything from business strategies and goal-planning, to digital marketing and lead response and management. The BoomTown platform is the only system that generates and manages leads, with their Success Assurance program, responding to leads on behalf of agents 24/7, and nurturing for up to one year. As agents and brokers are busier than ever in today's real estate climate, tools like these offer time-savings, competitive edge, and proven results. "BoomTown has become a critical element of my NextHome offices, and every Broker should have it," said Thomas Shumpert, Broker/Owner with NextHome Specialists in Columbia, South Carolina . "Beyond the lead generation opportunities they offer, the platform provides us with a turn-key, beautifully interactive website, the most robust CRM on the market, and the ability to manage and coach agents in the company, and on my personal team, directly from the system dashboard." "NextHome empowers agents and brokers to provide excellent service without compromise, and we look forward to partnering with them to add more power to this mission, and drive their team's success," said Grier Allen, CEO & President of BoomTown. "They know their agents need to be the trusted source for guiding buyers and sellers, and we have the tools and technology to help them achieve this." About NextHome, Inc. NextHome, Inc. is an independently owned national franchisor with a focus on changing the way consumers work with local agents and shop for real estate online. The NextHome franchise has 480+ offices and 4,700+ members across 48 states. The company closes over 29,500 transactions annually worth over $8.3B in volume.
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Elm Street Technology Welcomes New Chairman of the Board and Expands Senior Leadership Team
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MooveGuru Network Now Includes Over 500,000 Home Pros
ROSWELL, Ga., May 20, 2021 -- MooveGuru, the real estate industry's largest moving concierge service, announced that they have eclipsed the 500,000 mark for local and national home professionals who are connected to the MooveGuru network, serving 7 million consumers through their agent or brokerage. "There are two connected problems that MooveGuru aims to solve," says Scott Oakley, CEO of MooveGuru. "The first is making it easy and affordable for an agent's customer to get from one house to the next without pulling their hair out. The second is keeping that agent connected to their customer between transactions by making it easy for homeowners to access a trusted network of local service providers." Since launching MooveGuru five years ago, the company has painstakingly developed their provider network. The network has most national companies that provide moving services and utility hookups, but the true value comes from agents who introduce their trusted providers to their customers. Our broker onboarding team collects the information from the brokerage and agents when we launch in a new market. Driven by agent recommendations, the home service provider network now covers 80 categories of trade professionals like roof repair, plumbers, landscapers, and the like. More importantly, this network now covers America from coast to coast thanks to partnerships like ERA, Better Homes and Gardens Realty, Keller Williams, RE/MAX, Exit Realty, Realty Executives, Berkshire Hathaway HomeServices, and more. "We believe that our network size is likely in third position behind Angi and Home Advisor today. But in many ways, we believe that it is better because it starts with the recommendation by the local Realtor® rather than accepting any random company who signs up on a website," says Rob Morelli, head of MooveGuru Home Pro Network. "What we are finding is that the customer of the agent is beginning to use MooveGuru more as the trusted source for finding home service professionals. The agent recommendation adds value to the relationship as a trusted source and extends money saving discounts." About MooveGuru In 2016, Roswell, GA based MooveGuru Inc. launched a free mover engagement program to real estate agents and brokers with the idea of connecting home buyers and sellers to convenience and savings on moving services. Using just-in-time delivery through artificial intelligence algorithms, MooveGuru Inc. ensures consumers receive agent-branded savings from over 500,000 national and local retailers, connects all utilities and makes the moving process more streamlined. Today, more than 1,200 brokerages with 300,000 agents serving 7 million clients are connected to the MooveGuru platform.
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Berkshire Hathaway HomeServices Launches New International Real Estate Website and Syndication Service Powered by Constellation1
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PropTech Startup zavvie Taps New $1.75M Inside Round
NAR's Second Century Ventures plus existing investors accelerate zavvie's growth BOULDER, Colo., May 20, 2021 -- PropTech startup zavvie, the first complete agent-centric brokerage selling solutions platform and marketplace, announced the completion of a $1.75 million inside round from existing investors, including Second Century Ventures, backed by the National Association of Realtors. The rapid market penetration of verified institutional buyers, including iBuyers and "buy before you sell" Bridge Buyers, has fueled zavvie's expansion. More than 60,000 real estate sales professionals from some of the nation's most successful and fastest-growing multi-state brokerages have access to zavvie-powered platforms, which typically present over 100 offers a day nationwide. "iBuyers and Bridge Buyers are buying more homes than ever in almost every major market," said Lane Hornung, zavvie co-founder and CEO. "The market opportunity for zavvie is massive as we are uniquely positioned at the center of this growth," Hornung added. "By keeping agents involved in all real estate selling options, zavvie facilitates the convergence between the traditional industry incumbents with the new disruptors and innovators. "Already zavvie has arguably achieved the fastest adoption by the largest residential brokerages of any software platform," he added. According to Hornung, the addition of broker partners, whose agents request purchase offers from verified buyer partners, has accelerated the growth of zavvie's marketplace. Hornung notes that PropTech currently is attracting more than $350 million a week in new capital, according to Weekly Proptech, published by the Center for Real Estate Technology & Innovation. Investors are attracted by the size and scale of the real estate industry, which is home to America's largest asset class and annual transactions exceeding $1.6 trillion in total value. Moreover, research shows the top 120,000 agents handle more than 50 percent of all deal flow and closed real estate transactions in the U.S. The top 100 brokerages handle 55 percent of all transactions. And currently, 30 percent of the top 100 brokerages already use a zavvie-powered platform. "Our platform aggregates homes for purchases from tens of thousands of agents who represent millions of homeowners and delivers deals to enterprise buyers with billions of capital to place," Hornung said. Mike DelPrete, a global real estate tech strategist, leading iBuyer expert and member of zavvie's Board of Directors, reports the market trend of more people selling their homes to a verified institutional buyer versus another individual buyer will continue to grow significantly over the next several years. "iBuyers survived COVID and are rebounding to their pre-pandemic levels," said DelPrete, "and we are seeing an even bigger growth surge among the buy-before-you-sell bridge providers." Hornung agrees, noting that the explosion in the popularity of bridge solutions is driving zavvie's most recent growth. zavvie has added several new verified Bridge Buyers, including EasyKnock, Knock, and Ribbon, as Verified Buyer Partners. zavvie's Verified Buyer Partners—including iBuyers, Bridge Buyers and Listing Concierges—collectively on track to purchase more than 85,000 homes in 2021. Listing Concierge partner Curbio, which provides a "repair and renovate pre-sale, pay when you close" service for sellers, is another recent addition to the zavvie marketplace. zavvie also recently announced a partnership with Leading Real Estate Companies of the World®, a global network of 550 top independent real estate firms. "Homeowners want two things when they are thinking about selling a home. First, they want to know about every option available to sell. Second, they want to work with a trusted real agent to walk them through all the choices. The zavvie platform is the only technology that does both at the same time," said Hornung. More information about zavvie and its brokerage-powering technology is available at zavvie.com. About zavvie zavvie brings together leading brokerages and innovative Verified Buyers in a marketplace that offers a modern, one-button digital experience for home sellers. Over 60,000 real estate agents in 47 states leverage zavvie's platform to serve their clients better. As the first end-to-end real estate brokerage platform offering a full spectrum of selling solutions, zavvie gives modern brokerages and agents all they need to thrive in today's evolving real estate landscape: easy-to-use tools, technology, training, marketing, and strategy. Discover more at zavvie.com.
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Dilbeck debuts new iBuyer and buy-before-you-sell program powered by zavvie
New Dilbeck Premier Seller's Edge unlocks inventory by showing homeowners all selling options Pasadena, CA -- May 18, 2021 -- Record-low housing inventory combined with rapid increases in home values provides homeowners with an "extraordinary opportunity to sell" during one of the hottest seller's markets ever. What's different today than past seller markets? According to Dilbeck Real Estate, sellers have more options than ever, but they want to understand what all their options are — and which choice is right for them. To help, Dilbeck, one of the largest local, family-owned real estate companies in Southern California, is launching its Premier Seller's Edge. Now sellers can fully explore all their choices, including selling to an iBuyer, using a new buy-before-you-sell option or listing their home for sale on the open market. Powered by zavvie and its Offer Optimizer seller technology, Dilbeck Premier Seller's Edge provides "the most options to sell" throughout Dilbeck markets. The new technology enables agents to show local homeowners all their selling options and take advantage of one of the best markets for sellers on record. "With inventory this low, homeowners have an extraordinary opportunity to sell," said Mark Dilbeck, President of Dilbeck Real Estate. "What's different is sellers can see what instant all-cash offers from different iBuyers looks like or tap into one of the hottest new solutions – buy your next home before you sell your current one by working with a Bridge provider." Dilbeck notes the local housing market is rebounding from the impact of the pandemic in California and continues to heat up because of tight inventory. According to the California Association of Realtors, the California statewide median home price rose 8.6% to $758,990 in March, up 23.9% from March 2020. Year-to-date home sales statewide spiked 17.1% from March 2020. "If homeowners want to receive multiple offers on their home, all they have to do is meet with a Dilbeck agent and then push a button," Dilbeck said. "While we continue to use advanced technology and marketing to help our neighbors, one thing has not changed in more than a half-century: Dilbeck Real Estate's commitment to honesty, integrity, professionalism and superior service." With Dilbeck Premier Seller's Edge, homeowners working with a Dilbeck agent can compare three different sales paths. They can select an all-cash instant offer from an iBuyer, which requires properties in good condition and within a targeted price range. They can choose a modern bridge program, which allows a homeowner to buy their next home before selling their current one and gives them more control over their moving timeline. Dilbeck agents also can help homeowners sell on the open market, which is the most popular choice, as it often results in the highest sales price and net proceeds. "Dilbeck Real Estate is well admired for its ability to leverage cutting-edge technology and raising the bar when it comes to providing a superior real estate experience for its customers," said Lane Hornung, zavvie co-founder and CEO. "By showing homeowners all selling solutions available, Dilbeck is empowering their agents to deliver both the most choices to sellers combined with the best service. Best of all, they are unlocking local inventory." Access to Dilbeck Premier Seller's Edge is available here or at dilbeck.com. About Dilbeck Real Estate Founded in 1950, Dilbeck Real Estate was built on a commitment to superior service, honesty, integrity and the value of home ownership and family. To the Dilbeck Real Estate family, every handshake, client and local community is important. Dilbeck Real Estate enjoys helping people buy and sell their homes. Today, Dilbeck uses advanced technology and marketing to help achieve a vision that began more than a half-century ago. Consistently ranked in the top 100 companies nationally by Realtor Magazine, Dilbeck Real Estate operates 10 offices and more than 450 agents throughout the Greater Los Angeles area. Learn more at dilbeck.com. About zavvie zavvie brings together leading brokerages and innovative Verified Buyers to offer a modern, one-button digital experience for home sellers. Over 60,000 real estate agents in 47 states leverage zavvie's platform to serve their clients better. As the first end-to-end real estate brokerage platform offering a full spectrum of selling solutions, zavvie gives modern brokerages and agents all they need to thrive in today's evolving real estate landscape: easy-to-use tools, technology, training, marketing, and strategy. Discover more at zavvie.com.
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Robert Lindley of Canyon Title Selected for 2021 Titan 100 CEO Recognition
Denver, Colorado - May 13, 2021 -- Canyon Title Inc, a Boston National Company, announced today that Robert Lindley, President and CEO of Canyon Title, has been selected for the 2021 Titan 100 by Wipfli, LLP. Collectively, the Titan 100 and their companies employ more than 127,000 individuals and generate over $15.9 billion dollars in annual revenues. The Titan 100 is awarded each year to 100 Top CEOs and C-Level Executives from Colorado. This year's selection committee was focused on leading change. Lindley was honored for leading Canyon Title by establishing a community of like-minded, positive, integrous, and compassionate individuals on a foundation of trust and two-way communications that creates a thriving collaborative environment. The driving action behind leading this powerful force is a cadence of constant communication that includes wins, losses, and key performance indicators. Jamie Zawmon, founder of the Titan 100, shared that "2020 was an extremely challenging year for all businesses across the country. Executives were forced to navigate the daunting effects of a world-wide pandemic. Your leadership was tested, and you were forced to create and adapt to new processes. For these reasons and more, we honor and welcome you to the 2021 Titan 100." Lindley will be honored along with other Titan 100 award recipients at the annual Titan 100 celebration on Thursday, July 22nd, 2021 at "The Vehicle Vault" in Parker, Colorado. About Canyon Title Canyon Title was founded in 2001 and became a Boston National Title Agency in 2015. Canyon has offices in downtown Cherry Creek, Downtown Denver, the Denver Tech Center in Greenwood Village, Fort Collins, Golden, Greeley, and Westminster. Canyon places people and their job satisfaction in front of process and business metrics. About Titan 100 CEO Titan CEO brings CEOs together through private events and roundtables. We also provide private, instructor-led peer groups for Titan CEO members. Held monthly, our CEO peer groups are designed to meet a CEO's unique needs as a business leader by facilitating curriculum that helps to build business valuation and tackle everyday business challenges. We offer a suite of resources including private coaching, high-level networking and executive level retreats. Through our community, we aim to work with CEOs to help them connect and grow as Titans of industry. About Wipfli LLP With over 2,400 associates, 48 offices in the United States and two offices in India, Wipfli ranks among the top 20 accounting and business consulting firms in the nation. Wipfli is also a member of Allinial Global ­— an accounting firm association of legally independent accounting and consulting firms with offices in North America and throughout the world through international members and partnerships. The firm serves businesses of various sizes, from large public and private companies to closely held family-owned businesses. Whether we're helping clients streamline processes, improve performance, leverage the right technology, or increase financial success, we offer innovative, effective, and personalized services to help clients overcome their business challenges today and plan for tomorrow.
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iPro Realty Network partners with zavvie to give homeowners more selling solutions
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Adwerx and MoxiWorks Enhance Integration to Boost Referrals For Real Estate Agents
Deeper integration enables Real Estate Agents to seamlessly stay in flow with their MoxiEngage contacts on premium web and social and generate referrals using Adwerx technology Adwerx, a leading provider of advertising automation for over 250 real estate firms, is now integrated with MoxiWorks, a leading real estate technology platform offering integrated tools centered on sphere methodology that increase agents' repeat and referral business. The collaboration is making it easy for joint customers to automate time-consuming data entry processes and run hyper-local and personalized digital advertising campaigns to their Sphere of Influence. The integration allows for seamless entry of the agent's contact list from their MoxiWorks CRM into Adwerx for use with its popular custom audience advertising. Staying in front of an agent's sphere is critical to both the agent's business and their broker's, but is often a time-consuming process. Now, agents are empowered to win more referrals by staying in front of their SOIs using a highly targeted and personalized ad campaign, while easily adding new contacts directly from the Adwerx platform. Adwerx's powerful custom audience targeting helps optimize the social media advertising an agent may already have access to through MoxiWorks. The multi-audience targeting approach keeps agents consistently in front of both new prospects and those already familiar with them. "We're always looking for more ways to advance agents and make their lives easier," said MoxiWorks CEO, York Baur. "Many of the top real estate brokerages and agents across the country are already using Adwerx and MoxiWorks, so it made sense to deepen our integration. Our integration simplifies their workflow and saves them a ton of time, which will ultimately increase productivity and retention." Through Adwerx's Advertising Automation Platform, real estate brokers run brand-compliant, hyper-targeted, and personalized digital ads for their agents and franchisees at scale. The company's popular sphere of influence product enables agents to turn any contact list into a bespoke campaign by delivering tailored creative to their unique audiences across social media, streaming TV, and the web. "Integrating with MoxiWorks is a no-brainer, given how many agents and brokers use both platforms," said Jed Carlson, CEO of Adwerx. "Working together is going to provide value to the brokerages we work with by improving efficiency for their agents while enabling those real estate agents to leverage the power of automation and advertising to increase referrals and expand their business." MoxiWorks is a comprehensive open platform system for large residential real estate brokerages that serves over 800 brokerages and 400,000 agents nationwide that account for more than 20% of the transactions in the U.S. Learn more about the integration at enterprise.adwerx.com/moxi-works-integration. About Adwerx Used by over 25 percent of the top brokerage firms and over 15 percent of the top mortgage originators in the U.S., Adwerx delivers personalized, omnichannel brand marketing and automation at enterprise scale. Adwerx customers are able to deliver customized ads programmatically across streaming TV, popular websites, Facebook and Instagram, and mobile apps, while driving growth through digital marketing automation that increases brand visibility, boosts productivity by 35 percent and reduces turnover by 42 percent. Adwerx works across the U.S., Canada, and Australia. Learn more about Brilliantly Simple Digital Advertising at adwerx.com. About MoxiWorks MoxiWorks is a comprehensive open platform system for large residential real estate brokerages that serves over 800 brokerages and more than 400,000 agents nationwide that account for more than 20% of the transactions in the U.S. MoxiWorks' customer retention over the past seven years stands proudly at 96%. Their integrated tools are centered on sphere methodology that increases agents' repeat and referral business by 54%, while lowering overall technology, training, and support costs for the brokerage. The open platform known as the MoxiCloud has tools from more than 50 partners that integrate to create unique brokerage solutions. Find more information at moxiworks.com.
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SmartZip Brings Real Estate Data to the Blockchain with Chainlink
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Howard Hanna Releases Enhanced Hanna University
Platform Brings Top-Notch Learning to Agents and Employees Across the Organization Pittsburgh, PA (May 5, 2021) -- Howard Hanna Real Estate Services recently released the refreshed Hanna University, a new learning management system that provides educational opportunities to individuals across the organization. With more than 70 courses available upon the March 31 launch, this platform is set to offer timely courses, educational resources, marketing materials, and more to Howard Hanna's more than 12,000 sales associates and staff members. Focused on delivering the most up-to-date and relevant training, the new Hanna University caters to both brand-new agents breaking into the industry, as well as more experienced agents who want to continue growing and learning in their careers. The specialized and dynamic platform is the result of months of hard work and partnership with Northpass, a provider of the leading cloud-based learning platform. The proactive development and introduction of this platform puts Howard Hanna a step ahead of market competitors that still utilize a cookie-cutter approach to industry education. "We really took advantage of the virtual opportunities that were presented to us in 2020, given our shift to digital during the pandemic," said Kate LeSueur, Director of Education and project lead for the new Hanna University. "Throughout this six-month initiative, we developed a platform that truly integrates with the lifestyle of our agents – it is modern, motivational, and on-the-go." Hanna University is now a one-stop shop for business courses on advanced sales skills, core services, and marketing skills and strategies, as well as a haven for health and wellness courses that encourage agents to find a proper work/life balance. More than 1,000 agents and staff members signed up to attend the launch webinar to learn about the platform. Agents who currently work with Howard Hanna or those who plan to do so in the future can take their personal and professional skills to the next level via the new platform. "The development and launch of Hanna University has completely enabled our teams to learn, grow, and evolve," said Karlton Utter, Vice President of Career Development at Howard Hanna Real Estate Services. "This platform gives our agents a competitive advantage in the marketplace and sets them up for future successes." Not only does Hanna University benefit Howard Hanna agents, but it is also an advantage for the thousands of clients who do business with the company each year. Top-notch education for agents leads to superior customer experiences for buyers and sellers across the operating region. "Hanna University will benefit all of our clients – both internal and external – and at the end of the day, we are committed to providing the best customer experience possible," said Howard W. "Hoby" Hanna, IV, President of Howard Hanna Real Estate Services. "Education and experience are two ways to gain an advantage in this market – and we are certainly a step ahead on both." About Howard Hanna Howard Hanna Real Estate Services is the #1 family-owned and -operated independent broker in the U.S.A. The full-service real estate company has more than 300 real estate, mortgage, insurance, title, and escrow service offices across 11 states, including Allen Tate Realtors in the Carolinas, with more than 12,000 sales associates and staff, including many of the industry's top-producing real estate agents. For more information, visit www.HowardHanna.com.
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Remine Partners with Evocalize to Bring Digital Advertising Technology Directly to Remine Users
VIENNA, Va. -- Remine, a leading real estate technology company, announced a new partnership with collaborative marketing platform Evocalize. By leading the charge to make sophisticated digital marketing accessible, the Evocalize technology that will be available to Remine users allows agents and brokers to execute high performing and time saving digital marketing programs. Evocalize has helped their clients execute over 750,000 localized digital marketing programs that have generated over 9 million leads. The addition of tools like Evocalize to Remine Pro and Remine Add/Edit will continue to position Remine with seamless digital marketing workflows. "Partnering with Remine will give over one million Agents a marketing "easy button" allowing them to automatically promote their listings on Facebook and Google seconds after they're entered into an MLS and more," explained Matthew Marx, CEO of Evocalize. "Our partnership will help save agents time while giving them deeply integrated, data-driven tools, that lead to real business outcomes." "Remine's mission is to make agents better with the very best tools," said Mark Schacknies, CEO and Co-Founder at Remine. "Marketing is one of our latest additions to the Remine platform experience, and we feel that Evocalize offers an unparalleled solution." Evocalize technology will be available in Remine late Summer 2021. About Remine Remine is transforming MLS software solutions. We offer a complete MLS 2.0® operating system for MLSs which includes Remine Pro (a full front-end operating system), Add/Edit, Database, and RESO Platinum API solutions. In addition, Remine offers SSO Dashboard, Docs+ Transaction Management, and MLS Website. Remine serves the majority of REALTORS® in the US - over 1,000,000 real estate professionals subscribe via their MLS or Association of REALTORS®. We are headquartered in Northern Virginia with remote employees across the US and in Canada. For more information, visit www.remine.com. Remine is ISO 27001 Certified. About Evocalize Evocalize is a Collaborative Marketing Platform (CMP) provider with offices in Seattle, WA and Austin, TX. Its CMP is used by multi-location brands, marketplaces, and CRMs to simplify paid digital marketing execution with partners in a safe and secure environment, at scale. Evocalize's Distributed Marketing and Offsite Ads solutions help businesses in the real estate, financial services, insurance, retail and other industries to achieve common digital marketing goals with distributed partners. For more information, visit www.evocalize.com and follow them on LinkedIn.
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Denver Area Family Avoids $513,910 Mortgage Fraud Scam
April 13, 2021 – Denver, Colorado – Canyon Title Inc., a Boston National Company, announced today they will be co-hosting a webinar with fraud prevention expert Tom Cronkright, CEO of CertifID. The webinar, "To Catch a Fraudster," is scheduled for April 14th at 11 a.m. Eastern/9 a.m. Mountain. On February 21st, 2021, a local Greenwood Village family was refinancing their home. The fraudster sent instructions to wire the payoff of $513,910.57 to a Wells Fargo account by posing as a lender who sent fraudulent wiring instructions from the loan servicing company. The good news is by collaborating with the Secret Service and the FBI, the accounts were frozen, and the monies were recovered. Register for this webinar to gain insight into how criminals use phishing scams to compromise email accounts and steal wire transfers. This session will also review ways to avoid these types of scams. The webinar will be hosted by Tom Cronkright, CEO of CertifID, and co-hosted by special guests Robert Lindley, CEO of Canyon Title, and Jeanine Wells, Vice President of Operations for Canyon Title. About Canyon Title Canyon Title was founded in 2001, and became a Boston National Title Agency in 2015. Canyon has offices in downtown Cherry Creek, Downtown Denver, the Denver Tech Center in Greenwood Village, Fort Collins, Golden, Greeley, and Westminster. The company currently claims 3% of the Colorado market share. Boston National is among the nation's leading independent title services providers with more than 150 clients — including master services agreements with four of the top 10 lenders — 200 employees and nine full-service offices. About CertifID CertifID is a digital identity and device verification solution used by title companies, law firms, lenders, realtors, and home buyers and sellers to prevent wire fraud. In the United States, wire fraud is the most significant risk impacting the real estate industry. By validating the credentials of parties in a transaction and securely sharing bank details, CertifID provides peace of mind and up to $1 million in direct insurance coverage on every wire it protects. CertifID is integrated with the leading title production software systems and allows busy title and escrow operators to eliminate time-consuming, manual processes from their workflow. With tens of thousands of transfers and zero insurance claims, CertifID helps safeguard billions of dollars every month from fraud. Built by title company owners and wire fraud victims, CertifID is a purpose-built solution ready to take on the industry's biggest risk.
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Remine Teams Up with AirDNA to Offer Short-Term Rental Profitability Analysis Tool
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MoxiWorks partners with CENTURY 21 Canada to bring new technology through HUB21
HUB21, powered by MoxiWorks, gives agents an edge with suite of real estate technology SEATTLE, Wa. -- MoxiWorks, the leading real estate technology platform, announces today their new partnership with CENTURY 21 Canada, the pioneers in Canadian Real Estate franchising. The partnership gives CENTURY 21 Canada REALTORS access to MoxiWorks' suite of technology through a new platform called HUB21. This platform, powered by MoxiWorks is now available to all CENTURY 21 Canada Realtors. HUB21, powered by MoxiWorks, puts the power of easy to use technology in the agent's hand. MoxiWorks' technology is built by real estate for real estate with an emphasis on sphere selling, making agents great with the people who already know, like and trust them. Agents can now stay focused on building relationships that drive business instead of having to worry about figuring out cumbersome technology. "We deliver the gold standard– to our franchisees, agents and consumers,” said Brian Rushton, Executive Vice President of CENTURY 21 Canada. "Our new HUB21 platform, powered by MoxiWorks is incredible technology. Not only does it have everything an agent needs to be successful, the different segments of the platform work together, meaning our agents can spend time understanding their clients' needs and delivering an excellent experience.” HUB21, gives CENTURY 21 Canada Realtors access to MoxiWorks' best-in-class suite of software solutions and open-cloud network including their productivity dashboard and CRM proven to increase annual GCC by 41% on average, their industry leading presentation tool and CMA, marketing automation center, fully robust and customizable website platform, and company intranet. Access to all of these features and more will arm CENTURY 21 Canada Realtors with the tools necessary to enhance and elevate their communication and marketing efforts with their clients. "During the pandemic, the need for technology solutions in the real estate industry became more vital than ever before,” said York Baur, CEO of MoxiWorks. "We are thrilled to be able to work with CENTURY 21 Canada and their agents to help further all the great success CENTURY 21 Canada has already seen.” Currently, MoxiWorks powers over 800 brokerages and more than 400,000 agents across North America, accounting for more than 20% of the transactions in the U.S. Their partnership with CENTURY 21 Canada through HUB21 will further expand their influence and reach. For more information on partnering with MoxiWorks, visit: moxiworks.com. About CENTURY 21 Canada™ Century 21 Canada Limited Partnership (century21.ca) is a real estate master franchisor with complete rights to the CENTURY 21® brand in Canada. The CENTURY 21 System is one of the world's largest residential real estate brokerage franchisors, CENTURY 21 has approximately 13,600 franchise offices and more than 146,000 independent sales associates located in 86 countries and territories. Independently Owned and Operated. ®/™ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. ©2021 Century 21 Canada Limited Partnership. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. About MoxiWorks MoxiWorks is a comprehensive open platform system for large residential real estate brokerages that serves over 800 brokerages and more than 400,000 agents nationwide that account for more than 20% of the transactions in the U.S. MoxiWorks' customer retention over the past seven years stands proudly at 96%. Their integrated tools are centered on sphere methodology that increases agents' repeat and referral business by 54%, while lowering overall technology, training, and support costs for the brokerage. The open platform known as the MoxiCloud has tools from more than 50 partners that integrate to create unique brokerage solutions. Find more information at moxiworks.com.
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Berkshire Hathaway HomeServices CEO Challenges the Real Estate Industry to Increase its Influence with Release of New Book
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Transactly Acquires SoMo Transactions, Expands National Network of Transaction Coordinators
Saint Louis, MO -- Transactly, the leading real estate transaction platform providing tech-enabled transaction coordinators across North America, has officially acquired SoMo Transactions, a real estate service company based in Flagler Beach, Fla. On Feb. 26, SoMo joined Transactly's nationwide network of transaction coordinators, already the nation's largest, to better serve agents, teams, and brokerages. "Transactly is designed to simplify and streamline real estate transactions," explains Transactly founder and CEO Bryan Bowles. "Our proprietary technology helps those we serve – and our Transactly Coordinators – to be more efficient and out-perform industry standards. Bringing the team at SoMo Transactions on board allows us to offer an even larger number of experienced transaction coordinators across important U.S. markets." Transactly has retained all existing SoMo staff, and has enrolled the transaction coordinators into their stringent training program to ensure ever-improving client experience. This acquisition comes on the heels of a year of tremendous growth for Transactly. "We grew revenue by 700% from 2019 to 2020," commented Bowles. "We're on track, and expect to have the same amount of growth again in 2021." Transactly has grown at a pace greater than 25% month over month, on average, over the last 12 months. Transactly recently raised $3M in bridge funding, bringing strategic investors in preparation for raising Series A round of capital by Q3 2021. About Transactly Transactly is headquartered in St. Louis, Missouri, and was founded in 2017 by Bryan Bowles. Transactly's mission is to be the platform of choice for the people and companies involved in real estate transactions. Transactly's platform provides the largest team of tech-enabled transaction coordinators in North America.
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Redfin Completes Acquisition of RentPath for $608 Million
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Right at Home Realty Inc. Selects IXACT Contact for Recruiting CRM
Helping managers recruit more easily and effectively with specialized keep in touch marketing automation and agent recruiting content. Toronto, ON -- IXACT Contact is pleased to announce that the recruiting version of our popular agent CRM, IXACT Recruiter, has been selected by Right at Home Realty Inc. to assist with their agent recruiting efforts. Since 2004, Right at Home Realty has grown to become the largest independent real estate brokerage in Canada. With 12 branches serving Ontario and over 5000 Realtor® members, it's easy to see why Right at Home Realty sells more real estate than any other brokerage in Canada's largest market, the Greater Toronto Area (GTA). Right at Home Realty selected IXACT Recruiter to provide their managers with a robust system. In turn, this will help organize and maximize their recruiting efforts. Right at Home's head office focuses on helping their agents and managers succeed. In fact, it provides important business tools to aid in that success is a key initiative. Therefore, managers will be able to increase their agent recruiting and retention with the help of IXACT Recruiter. "IXACT Contact has had a long-term partnership with Right at Home Realty spanning many years," said Rich Gaasenbeek, IXACT Contact Co-founder and CRO. "We are keen on extending that partnership on the recruiting side of things." Schedule a call with one of our sales consultants to learn more about IXACT Contact. You can reach us at 1.866.665.0018 or email [email protected] About Right at Home Realty Right at Home Realty is Canada's largest independent real estate brokerage. Founded in 2004, Right at Home Realty has grown to become #1 in the Greater Toronto Area (GTA). The GTA is also one of the largest real estate markets in North America based on transaction value and volume for 6 consecutive years. With over 5,000 REALTORS® working out of 12 offices, Right at Home Realty is best known for being the leading agent-centric brokerage. About IXACT Contact IXACT Contact® is an easy-to-use real estate CRM. Above all, it gives agents and teams all the tools they need to manage their contact information, keep in touch communications, active business, and online presence. All in a single, easy-to-use solution. IXACT Contact helps real estate professionals stay organized and build lasting relationships. With IXACT Contact, agents can generate and convert more leads into clients, and attract more referrals and repeat business. Agents who use IXACT Contact see an average increase in their GCI of 37%. IXACT Contact is the perfect real estate CRM for real estate agents, teams, brokerages, and associations.
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Redfin Predicts Five Ways the Housing Market Will Change After the Pandemic
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Berkshire Hathaway HomeServices Launches Industry-First Program Designed to Eliminate the Real Estate Loyalty Gap
The sophisticated program lays out a clear path for real estate professionals throughout the industry to create a highly successful business Irvine, Calif., March 22, 2021 -- Berkshire Hathaway HomeServices, one of the world's fastest-growing residential real estate brokerage franchise networks, held its annual convention, virtually welcoming thousands of Berkshire Hathaway HomeServices network members from around the globe. The convention celebrated a successful 2020 year with over 360,000 transactions and nearly $140 Billion in sales volume. The global company's CEO, Chris Stuart unveiled a transformational new real estate platform, designed to exponentially increase the performance and productivity of the network's brokerages and their agents. The National Association of Realtors stated in a recent report on Buyer and Seller trends, that 91 percent of buyers surveyed said they'd utilize the same real estate agent again on their next transaction, yet only 13 percent of those that had previously transacted actually used the agent from their previous transaction. The 78 percent difference is what Chris Stuart, CEO of Berkshire Hathaway HomeServices has defined as the Real Estate Loyalty Gap. This gap in consumer loyalty represents the single greatest economic threat, and therefore opportunity, to the individual agent and must command more of the industry's focus moving forward. Further, Stuart explains that the Loyalty Gap hasn't been created by a lack of awareness given that most consumers receive countless solicitations and personal promotional material from agents regularly. Nor is The Loyalty Gap a function of a lack of representation by agents given that 90 percent of all buyers and sellers are represented by an agent on transactions. The elusive quality that might be missing from the industry's value proposition, Influence. Stuart collaborated with a very diverse team of colleagues and top-producing agents, teams and leaders from across the global network to carefully design and created the exclusive platform, The Real Estate I.Q. System. The System combines the Berkshire Hathaway HomeServices brand, marketing resources and technology with progressive education, training, coaching and consulting. The System and its related Influencer Network, have been purposefully created to elevate its network agents' range, reach and influence (the "I" in I.Q. stands for Influence) by providing them with the essential tools and guidance to build stronger, and more valuable, long-term relationships with clients and prospects. "It is incredibly fulfilling to finally see this vision come to fruition. I've been envisioning and planning for the execution of this platform for nearly a year," said Chris Stuart, CEO of Berkshire Hathaway HomeServices. "The strategic content that Berkshire Hathaway HomeServices' network agents will have access to through the Real Estate I.Q. System, along with professional development, is unprecedented," says Allan Dalton, SVP, Industry Research and Development for Berkshire Hathaway HomeServices. The former CEO of Realtor.com enthused, "After all my years in the industry I have never come across such a concept that will set real estate's agents up for success and when utilized properly, will contribute to closing the Real Estate Loyalty Gap and help agents achieve forever success, as a Forever Agent." The convention also featured a performance by eleven-time Grammy-award-winning artist, John Legend which benefited The Sunshine Kids Foundation, raising over $100,000. Berkshire Hathaway HomeServices network agents who were in attendance had the opportunity to participate in unforgettable general sessions, world-class entertainment, 30+ live and on-demand university sessions, an incredible virtual exhibitor showcase, keynote presentations, digital networking events and live Q&As. For more information visit: www.bhhs.com About Berkshire Hathaway HomeServices Berkshire Hathaway HomeServices is one of the world's fastest-growing residential real estate brokerage franchise networks, with more than 50,000 real estate professionals, nearly 1,500 offices throughout the U.S., Canada, Mexico, Europe and the Middle East, and more than $138 billion in real estate sales volume. The network, among the few organizations entrusted to use the world-renowned Berkshire Hathaway name, brings to the real estate market a definitive mark of trust, integrity, stability and longevity. Visit: www.bhhs.com
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BoomTown Acquires Brokermint, the Industry Leader in Cloud-based Brokerage Management Software Solutions
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Danberry Teams with zavvie to show local homeowners newest ways to sell
Toledo, OH - March 23, 2021 -- Today's hot housing market continues to pressure housing inventory, which is at record lows. Homeowners looking to sell have the advantage in the marketplace, but they may not realize there are more ways to sell your home than ever before. iBuyers are making instant, all-cash offers, ideal for sellers who don't want the hassle and wish to close fast. New buy-before-you-sell firms let other sellers buy and move into their new home before they have to sell and move out of their current one. But where does someone thinking about selling their home start? Danberry Realtors®, launched in 1962 and the market leader in Northwest Ohio and Southeast Michigan, helps local homeowners explore all their selling options with its new zavvie-powered iBuyer and buy-before-you-sell program. Danberry Realtors® Instant Offers delivers "all the choices to sell" for local homeowners in Danberry communities, including Bowling Green, Findlay, Holland, Lambertville/Temperance, Maumee, Monclova, Monroe, Oregon, Ottawa Hills, Perrysburg, Rossford, Sylvania, Toledo, Waterville, Woodville and Whitehouse. This new program empowers homeowners to take advantage of the hottest sales market in decades. Keeping real estate agents at the center of every sales transaction, Danberry Realtors® Instant Offers centralizes all the newest selling choices in one place for homeowners. Danberry Realtors® Instant Offers features all-cash offers from iBuyers and the hottest new solutions for sellers, a buy-before-you-sell option from bridge providers, and a traditional home sale listing. "Any homeowner thinking about selling can get started with a push of a button," said Dan McQuillen, Broker-Owner of The Danberry Co. Realtors®. "The best decisions can be made when a client can see all available options and understand the pros and cons of each with the guidance of a trusted agent." Powered by zavvie, Danberry Realtors® Instant Offers gives sellers the ability to compare different sales options. Homeowners with properties in good condition and within a targeted price range can select an all-cash instant offer from an iBuyer. Homeowners who want more time to get their home ready to sell can choose a modern bridge program, which allows them to buy their next home before selling their current one. Homeowners also can work with a Danberry agent to list and sell their homes on the open market. "It's by far the most popular choice because that's how most homeowners will get the highest sales price and largest return on their investment," said McQuillen. Lane Hornung, zavvie co-founder and CEO, notes Danberry offers Northwest Ohio and Southeast Michigan homeowners something they can only get from a Danberry agent. "By providing all the newest options available to sell a home, Danberry agents can deliver sellers the most options, along with exceptional personalized service, which is the hallmark of its success." To learn more, contact a Danberry agent at Danberry.com. About Danberry Realtors The Danberry Co., Realtors®, was launched in 1962 as a new venture of the Danberry Insurance Co. Over nearly five decades, Danberry went from the leader in Toledo real estate to the dominant market leader in Northwest Ohio and Southeast Michigan. Danberry has doubled its sales volume in the last five years and last year exceeded $1 billion in total sales, a new record. The Danberry Company is making a positive difference in helping children and families in need throughout Northwest Ohio and Southeast Michigan through its Danberry Treasure Chest, administered by the ProMedica Russell J. Ebeid Children's Hospital Foundation. In 25 years, Danberry has raised $1.4 million and provided support to more than 1,000 local families. Learn more at danberry.com. About zavvie zavvie brings together leading brokerages and innovative Verified Buyers to offer a modern, one-button digital experience for home sellers. Over 60,000 real estate agents in 47 states leverage zavvie's platform to serve their clients better. As the first end-to-end real estate brokerage platform offering a full spectrum of selling solutions, zavvie gives modern brokerages and agents all they need to thrive in today's evolving real estate landscape: easy-to-use tools, technology, training, marketing, and strategy. Discover more at zavvie.com.
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Local Showings by Delta Media Set for Early April Launch
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Certainty in Outlook: CoreLogic's Home Price Index Forecasts Provide Accurate Results, According to Latest Validation Report
Analysis reveals 12-month national forecast is within 2.8% of actual HPI increase CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its latest CoreLogic HPI Forecast Validation Report that compares its 12-month CoreLogic Home Price Index (HPI) Forecasts to the actual CoreLogic HPI. The report compares the changes in national and key metro-level forecasts made in November 2019 to the actual CoreLogic HPI, which includes data through November 2020. The CoreLogic HPI Forecasts are a projection of home prices using the CoreLogic HPI and other economic variables. National values are derived from state-level forecasts by weighing indices according to the number of housing units for each state. Published twice yearly, the CoreLogic HPI Forecast Validation Report is designed to provide transparency into CoreLogic forecasting abilities. The most recent report shows: Over a 12-month period, seven of the top 50 most populous metropolitan areas had a forecast that was within one percentage point of the actual home-price change. The National Index Forecast had a 5.4% change prediction, and the actual index value was 8.2% with a difference of 2.8%. The forecast was greatly impacted by unexpected demand increases due to lower interest rates, which was spurred on as a result of the coronavirus (COVID-19) pandemic. Cambridge-Newton-Framingham, Massachusetts; West Palm Beach-Boca Raton-Delray Beach, Florida; and Los Angeles-Long Beach-Glendale, California, had the most accurate forecasts. Home price growth in Austin-Round Rock, Texas, was the most significantly underestimated metro. There is some anecdotal evidence that many high-tech companies are relocating from high-cost areas like San Francisco and New York to alternative locations such as Austin, leading to price declines in the former two cities and an increase in the latter. All of the major metros included on CoreLogic's top 10 most-accurate list are new to the CoreLogic ranking, except for the Orlando-Kissimmee-Sanford, Florida, area, which was on the most accurate list in the November 2020 report. The Bridgeport-Stamford-Norwalk, Connecticut, metro continues to be the most undervalued mid-to-large sized market; Fort Walton Beach, Florida, is the most overvalued. "The pandemic has impacted CoreLogic's HPI Forecasts over the last 12 months, creating unforeseeable and ongoing market volatility," said Ann Regan, executive, product management for CoreLogic. "Even with these headwinds, our forecasts were highly accurate within the November 2019 to July 2020 timeframe and continue to demonstrate why CoreLogic is the gold standard in forecasting market price trends." Top 10 Most Accurately Forecasted Metros Listed in order of accuracy   About CoreLogic CoreLogic (NYSE: CLGX), the leading provider of property insights and solutions, promotes a healthy housing market and thriving communities. Through its enhanced property data solutions, services and technologies, CoreLogic enables real estate professionals, financial institutions, insurance carriers, government agencies and other housing market participants to help millions of people find, buy and protect their homes. For more information, please visit www.corelogic.com.
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A Look Back: US Mortgage Delinquency Rates Experience Record Highs and Lows in 2020, CoreLogic Reports
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The Group launches 'Guaranteed Offer' to give Northern Colorado homeowners more ways to sell their home
Local homeowners can now buy-before-they-sell or receive instant all-cash offers FORT COLLINS, Colo. -- March 10, 2021 -- The Group, Northern Colorado's premiere real estate company, is launching The Group Guaranteed Offer program, giving local homeowners more ways to sell their homes than ever before. The Group Guaranteed Offer helps brokers provide local homeowners with all the newest selling options, including instant offers from iBuyers, and one of the hottest new options: buy-before-you-sell from Bridge providers. "Homeowners would love an all-cash offer when they are ready to sell, and with The Group Guaranteed Offer, they can see what an instant all-cash offer looks as soon as they are ready to make their move," said Brandon Wells, President of The Group. "Today, sellers have more ways they can sell their home and that's why they want the help of an agent when making the biggest financial decision of their lives," he added. "Homeowners no longer have to wait until they sell their current home before they buy their next one. With the newest option for sellers, they can buy a new home now and move later." Powered by zavvie and its Offer Optimizer seller technology, The Group Guaranteed Offer provides three primary seller options. Instant sales offers helps homeowners with properties in good condition within a targeted price range receive an all-cash offer from an iBuyer. Homeowners can also select a modern "Bridge" program to facilitate a homeowner to buy their next home before selling and moving out of their current house when they are ready. The Group helps homeowners sell on the open market, the most popular choice, often resulting in the seller's highest sales price and net proceeds. "The Group Guaranteed Offer program is a one-stop-shop for Northern Colorado home sellers," said Lane Hornung, zavvie co-founder and CEO. "By offering iBuyer and Bridge options, they are leading the marketplace in serving sellers, providing all of the newest options available to sell a home, with the guidance and expertise of a trusted, knowledgeable, local agent." More details about The Group Guaranteed Offer are here or at thegroupinc.com. About The Group The Group is a Northern Colorado real estate company founded on a strong history of leadership, values and a philosophy of empowering both people and organizations to build lasting relationships, prosperous lives and create a meaningful impact in our community and beyond. To learn more, visit www.thegroupinc.com. About zavvie zavvie is a technology company that empowers the modern agent by making it easy to provide all selling options: iBuyer, bridge, and open market through our proprietary Offer Optimizer™ Suite. zavvie is the first end-to-end real estate brokerage platform offering a full spectrum of selling solutions, partnering with leading brokerages in 40 different states. zavvie gives top brokerages and agents all they need to thrive in today's evolving real estate landscape: easy to use tools, technology, training, marketing, and strategy. Discover more at zavvie.com.
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Delta Media Group to Launch Independent Showing Service
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Transactly Raises a Bridge Round, Adding Second Century Ventures and Other Strategic Investors
Transactly, a real estate technology platform based in St. Louis, MO, with users and clients across the US, has raised nearly $3M in bridge funding, bringing in strategic investors in preparation for raising Series A round of capital by Q3 2021. Transactly's founder and CEO, Bryan Bowles commented on the recent funding, "We grew revenue by 700% from 2019 to 2020. We're on track, and expect to have the same amount of growth again in 2021. This is much needed capital to support the kind of growth we're experiencing here at Transactly." In March of 2020, Transactly raised $3M in equity financing from Hermann Co., a prominent St. Louis family office with ties to the Midwest venture capital and startup community. Hermann Co. has filled a large portion of this bridge round. Other notable and strategic investors include Second Century Ventures and Ferry Ventures. Second Century Ventures is the venture capital arm of the National Association of Realtors® and has funded numerous successful prop tech companies, as well as others that have spanned outside of real estate, such as DocuSign. Transactly was accepted into Second Century Ventures' coveted REACH program in May of 2020. This is the second investment the venture capital firm has made in Transactly. Ferry Ventures is the venture fund owned by Tom Ferry, who has a significant following within the real estate industry, and coaches some of the highest producing real estate agents and teams in the US. Ferry Ventures has made notable investments in and outside of the industry, such as Remine and Slack. "We are obsessed with delivering an exceptional experience to the many real estate professionals, their clients, and the greater community, who place their trust in Transactly. And these are the kind of people we want in our corner to help us deliver that experience," said Bowles, commenting on the new investors in Transactly. Bowles declined to give Trasactly's sales figures, but touted Transactly has grown at a pace greater than 25% month over month, on average, over the last 12 months. Transactly provides technology and tech-enabled transaction coordinator services to real estate agents, investors, teams, and brokerages across the US. To view the original post, visit the Transactly blog.
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Attract, nurture, and retain your ideal recruits seamlessly with IdealEstate, now part of kvCORE
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Constellation Real Estate Group Acquires Industry Pioneer Top Producer, Solidifying Position as the Real Estate Industry's Largest Provider of Technology Solutions
With Top Producer acquisition, Constellation Real Estate Group acquires another industry leader and secures dominant share of real estate CRM and marketing tools for real estate professionals. BELLEVUE, WASH - MARCH 1, 2020 – The Constellation Real Estate Group ("CREG"), a portfolio of vertical market software companies within the Perseus Operating Group of Constellation Software, Inc., announced today that it has acquired the business of real estate software pioneer Top Producer from Move, Inc., a subsidiary of News Corp and operator of realtor.com. The acquisition includes Top Producer's full suite of products including Top Producer 8i and its newly designed TPX CRM, Market Snapshot, FiveStreet and Top Producer Websites along with over 27,000 customers and 70 Top Producer employees. "The Top Producer business is an incredible fit within our portfolio of real estate software companies," said Scott Smith, President and Managing Partner of the Constellation Real Estate Group. "Market Leader and Top Producer, along with the 17 other brands in the Constellation Real Estate Group, solidify our foothold as the real estate industry's largest provider of technology solutions. We're excited to work with the Top Producer employees and customers in enhancing and growing the products and customer base. It's an exciting opportunity for all involved." Founded in 1982 and purchased by Move in 2000, Top Producer solutions include the industry leading Top Producer CRM, which includes integrations with over 150 lead sources, social media insights, integrated MLS data, transaction management and workflows, and Market Snapshot reports and listing alerts. Top Producer products also include lead routing and response via FiveStreet and real estate websites. "Top Producer® has been a part of Move's portfolio for more than 20 years, and we believe the best opportunity for it to continue to add value to brokers and agents is under its new owner," said David Doctorow, CEO of Move, Inc. "As we look forward, we're prioritizing the things that will help us deliver the best possible experience for consumers and our industry partners. This sale will help us redouble our efforts to reimagine realtor.com® as we create an open marketplace that helps connect buyers and sellers with the right professionals and empowers people with choices that get them from search to closing and beyond. That includes prioritizing both our success-based concierge offerings as well as traditional lead-gen and marketing solutions." "We're excited to have found a home with Constellation Real Estate Group," said Vicki Cunningham, General Manager of Top Producer. "We've got a strong team that's eager to continue to innovate for our customers, drive our industry forward and win in this space. We look forward to seizing the opportunity to double down on serving our customers through our core products with Constellation's support and commitment to long-term customer focus." This acquisition further expands the Constellation Real Estate Group's presence in the fragmented real estate technology sector, providing CRM and marketing solutions, transaction management, back-office software, and loan origination solutions for over 500,000 real estate agents, brokerages, franchises, and banks across the U.S. and Canada. About Constellation Real Estate Group The Constellation Real Estate Group acquires and invests in real estate software companies that are committed to providing long-term solutions and partnerships with franchises, brokers, agents, MLSs, and associations. CREG provides market-leading technology solutions designed specifically for the real estate industry through its portfolio of brands: Market Leader, offrs.com, SmartZip, Mortgage Builder, Sharper Agent, Zurple, Z57, Diverse Solutions, TorchX, Constellation1 (Real Estate Digital, Emphasys, Constellation Web Solutions, ReloSpec, Birdview, Baynet, Virtual Properties, and Paradym), Enspire and now Top Producer. Over 500,000 real estate agents, brokerages and banks across North America rely on CREG's products and services to power, manage, and grow their businesses. About Move, Inc. Move, Inc., a subsidiary of News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV], operates a family of websites and mobile experiences for consumers and professionals, including realtor.com®. Move also offers software products and services to help real estate professionals serve their clients and grow their business, including ListHub™, the nation's leading listings syndicator and centralized intelligence platform for the real estate industry. About Top Producer Founded in 1982, Top Producer is a leading provider of innovative software solutions for real estate professionals, including Top Producer® CRM, a premier real estate-specific CRM that enables agents to manage every stage of the client lifecycle; Market Snapshot® reports and listing alerts; Top Producer® Websites, and FiveStreet lead routing and response software.
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Redfin Predicts It Will Become Less Expensive to Sell Your Home as Real Estate Commissions Become More Transparent
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eCommission Launches Access: An Innovative Way for Real Estate Agents to Pay for Goods and Services
AUSTIN, Texas, Feb. 24, 2021 -- eCommission, the nation's leading provider of working capital to real estate professionals, announced today the launch of Access, a Buy Now, Pay Later solution created exclusively for the real estate industry. Access enables agents to buy goods and services online from their favorite real estate vendors, but only pay for their purchases later using future commissions as an alternative to using cash or credit cards. Access funds the order on the agent's behalf immediately and offers the convenience of up to 90 days free of charge to repay from their next closing. "Access is a win-win for agents and companies that provide them with important products and services needed to grow," said Sean Whaling, Founder and CEO of eCommission. "It solves the problem of managing cash flow between closings for agents and enables our vendor partners to broaden their customer base and drive sales without increasing costs or risks. We're thrilled to launch Access and integrate this payment technology into the checkout screens of the best real estate vendors in the industry." When shopping online with partner vendors, agents can select Access as their preferred payment method at checkout and receive instant approvals with no credit check. Beta-test results from current vendors offering Access show increases in sales, customer conversion rates and average order size. Interested in offering Access as a payment alternative on your e-commerce site? Visit www.buynowpayatclosing.com to inquire on availability. About eCommission™ and Access™ eCommission is the company that operates Access. eCommission is the leading provider of working capital to real estate professionals since 1999, with more than $1.4 billion of commissions funded to satisfied customers nationwide. eCommission is a nationally endorsed alliance partner to the industry's largest real estate brands, independent brokerages, and technology companies. More information about eCommission and Access can be found at www.eCommission.com and www.buynowpayatclosing.com.
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Jack Conway introduces 'Conway Seller Select' to give Boston area homeowners 'the most choices' to sell their homes
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Redfin Announces Agreement to Acquire RentPath for $608 Million
Acquisition brings together a leading site for homebuying with a leading site for rental listings SEATTLE and ATLANTA, Feb. 19, 2021 -- Redfin has entered into an agreement to acquire RentPath, the Atlanta-based owner of ApartmentGuide.com, Rent.com, and Rentals.com, for $608 million in cash. The acquisition will bring together a leading site for buying a home with a leading site for renting a home, giving anyone trying to move a complete view of her options. "RentPath has more than 20,000 apartment buildings on its rental websites, and grew its traffic more than 25% last year," said Redfin CEO Glenn Kelman. "We can almost double that audience, as one in five of Redfin.com's 40+ million monthly visitors also wants to see homes for rent. Together with RentPath, we can create an online destination for every North American to find a home." "We are energized by the transformational potential of this combination to help more consumers find the right home and help property managers find residents," said Dhiren Fonseca, RentPath's CEO. "RentPath's customers experienced all-time highs in traffic and leads from us last year and our value proposition to multifamily property managers has never been better. By acquiring RentPath, Redfin will be as committed as we are to the rental market. As part of the Redfin family, our platform will be well positioned to lead the market in the quality and value of our products, while giving our current and future customers access to many more high-intent renters through Redfin's extensive network." Redfin, the technology-powered real estate brokerage, operates the #1 nationwide brokerage search site. The company uses a combination of local real estate agents and technology to make it easier, faster and less costly to buy or sell a home. RentPath simplifies the apartment search experience for millions of consumers, connecting property-management companies with qualified prospective renters. The RentPath network of websites reached 16 million monthly visitors on average in 2020, and recorded full year 2020 revenue of $194 million. Strategic Rationale Better Search Experience: More than a third of North American adults currently rent, so showing rentals is an important expansion of Redfin's mission. When consumers think of home, they'll think of Redfin, whether they are hoping to rent or buy, sell, or find a tenant. Redfin expects RentPath's rental listings to be on Redfin.com in late 2022. Better Value for Advertisers: Redfin will increase RentPath's reach, creating more rental opportunities for the rental properties promoted on RentPath sites. Redfin estimates that 10 million of Redfin's 40+ million monthly online visitors may also be interested in rental properties. Traffic Growth: Both Redfin and RentPath grew traffic by over 20% in 2020 and have powerful channels for meeting customers and marketing listings directly to consumers. Together with RentPath, Redfin will aim to compete with the largest portals on every front, for every visitor. Improving the Rental Experience: While Redfin does not expect to hire real estate agents to represent renters, the company is excited about the opportunities to make the whole process of renting an apartment better. Additional commentary from Glenn Kelman about the expected benefits of the acquisition is available at https://www.redfin.com/news/rentpath-acquisition. Key Business Metrics *Reflects trailing twelve months ended September 30, 2020 for Redfin, and full year 2020 for RentPath. Transaction Details The Boards of Directors of both companies have approved the transaction, which is subject to customary closing conditions, including antitrust approval and approval from a bankruptcy court. The closing of the transaction is not contingent on financing. Further details around closing will be forthcoming, at which time additional organizational and operational details will be announced. Forward-Looking Statements This press release contains forward-looking statements within the meaning of federal securities laws, including those relating to the anticipated closing of our acquisition of RentPath and anticipated benefits of the acquisition to us. We believe our expectations related to these forward-looking statements are reasonable, but actual results may turn out to be materially different. Factors that could cause actual results to differ materially from the forward-looking statements in his press release include: (i) we are unable to obtain antitrust approval or RentPath is unable to obtain bankruptcy court approval for the transaction, as contemplated; (ii) an event, change, or other circumstances has occurred that could give rise to the termination of the purchase agreement entered into for the acquisition of RentPath; (iii) we fail to retain key management or employees of RentPath; (iv) we are unable to integrate RentPath's listings on Redfin.com in a timely and cost-efficient manner; (v) the synergies from our acquisition of RentPath may not be as expected, may not be fully realized, or may take longer to realize than expected; and (vi) the disruption to our business resulting from our acquisition of RentPath is greater than expected. For additional factors, please see the risks and uncertainties identified under the heading "Risk Factors" in our annual report for the year ended December 31, 2019, as supplemented by our quarterly report for the quarter ended September 30, 2020, both of which are available on our Investor Relations website at http://investors.redfin.com and on the SEC website at www.sec.gov. All forward-looking statements reflect our beliefs and assumptions only as of the date of this press release. We undertake no obligation to update forward-looking statements to reflect future events or circumstances. About Redfin Redfin is a technology-powered residential real estate company, redefining real estate in the consumer's favor in a commission-driven industry. We do this by integrating every step of the home buying and selling process and pairing our own agents with our own technology, creating a service that is faster, better and costs less. We offer brokerage, iBuying, mortgage, and title services, and we also run the country's #1 nationwide brokerage website, offering a host of online tools to consumers, including the Redfin Estimate. We represent people buying and selling homes in over 90 markets in the United States and Canada. Since our launch in 2006, we have saved our customers over $800 million and we've helped them buy or sell more than 235,000 homes worth more than $115 billion. About RentPath RentPath is a leading digital marketing solutions company that empowers millions nationwide to find apartments and houses for rent. Through its brands, RentPath continues to simplify the rental search experience while driving quality advertiser leads that result in occupancies and a high return on investment. With powerful online and mobile solutions that provide prospective renters with the information and tools they need, RentPath connects consumers with a home that reflects their personal lifestyles. If you need help finding great tenants for your community or property, please find us at www.rentpath.com/get-started/. RentPath helps people navigate the rental journey by providing a delightful, stress-free experience so that all renters find and enjoy their ideal home. If you're interested in finding a home, visit us at www.apartmentguide.com, www.rent.com, or www.rentals.com.
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zavvie and Fathom Realty Join Forces to Offer New Residential Real Estate Service for Consumers: 'Fathom Offers' by Fathom Realty
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Leaders at Top Mortgage Lenders and Real Estate Brokerages Predict the FaceForward Advertising Trend Will Continue in 2021 and Beyond
FaceForward Ads insert the local agent or loan officer into digital or TV ads being run by a firm - highlighting to the consumer that they will be serviced by an actual human on one of the largest transactions of their life. Durham, N.C., February 15, 2021 -- 2020 saw more eyes on screens than ever before, thanks to stay at home orders and remote work. But the move to virtual life created challenges for industries where business is built on person-to-person relationships, and where trust is critical, like the real estate and mortgage industries. Savvy companies began to seek out new ways to create that human connection between their brand and the consumer in a digital-only environment. Jed Carlson, CEO of Adwerx, a leading provider of hyperlocal, personalized, and custom automated advertising services, predicts that 2021 will be the year of Face-Forward™ Advertising. Carlson explains, "FaceForward™ Advertising is grounded in a really simple idea: Putting a 'local' face on your brand creates trust, affinity, and ultimately improved outcomes for your producers who are out selling. If you are in a business built on relationship sales, your people ARE the product. But until recently, it's been impossible to advertise that product at scale." Carlson reached out to two leaders of the Face-Forward™ movement to learn more about how they plan to humanize their producers in today's digital first world. He identified companies who are finding creative ways to differentiate their producers in a crowded market, and who put a strategic focus on helping their producers build lifelong relationships. "When we first heard about the FaceForward™ Advertising concept, we jumped on it," said Wendy Durand, Vice President of Global Marketing & Communications at Berkshire Hathaway HomeServices. "Our network represents customers contemplating one of the largest transactions of their life, and they need to know that there is a real person that will be taking care of them. It's all about trust." The way FaceForward™ Advertising works is by merging in personalized data and images of the 'local' company representative into the brand advertising for the firm. The result is that every representative is being personally advertised in their market automatically. Durand continued, "we encourage our network agents to create personalized interactions with every customer and prospect, and let them know that FaceForward™ is the way to go in 2021 and beyond. Mass personalization wasn't something historically available at scale, but thanks to Adwerx we've found a solution that puts a face on every listing ad, brand ad and streaming TV ad our network agents run. Plus, it's all targeted to their local markets, making it even more effective." FaceForward™ Ads get more noticed than traditional brand ads, too. A study on the effects of face images on consumers' responses to print advertising revealed that ads featuring a person's face attracted 11 times more attention than non-face ads, with the effect being even greater in scenarios where exposure time is short (such as an ad on the internet or social media). Using the Face-Forward™ Advertising Method, advertisers increase the likelihood that an ad will get noticed. Guaranteed Rate Companies Chief Marketing Officer Steve Moffat highlighted how 2020 shifted their business and began offering FaceForward™ advertising to their loan officers. "The pandemic changed the focus on how relationship-based companies like ours communicate. Our producers relied on video platforms and social media to stay connected with their clients who were spending more time at home. I believe the most successful firms in our industry are connecting with prospective clients in one-on-one interactions as best they can. Consumers want to see the human behind the transaction, making a FaceForward™ approach to our digital ad efforts a critical component to our strategy." Digital advertising is a marketing channel that satisfies both leadership and producer objectives by helping individuals scale efficiency and productivity, while also continuing to develop the overall reach of the firm's brand. Using a service like Adwerx makes FaceForward™ digital and streaming TV advertising easy to set up, implement, and track, while giving innovative firms the ability to implement best practices at scale. About Adwerx Used by over 25% of the top brokerage firms and over 15% of the top mortgage originators in the U.S., Adwerx delivers personalized, omnichannel brand marketing and automation at enterprise scale. Adwerx customers are able to deliver customized ads, personalized for every producer in the Enterprise, programmatically across streaming TV, popular websites, Facebook and Instagram, and mobile apps, while driving growth through digital marketing automation that increases brand visibility, boosts productivity by 35 percent and reduces turnover by 42 percent. Adwerx works across the U.S., Canada, and Australia. Learn more about Brilliantly Simple Digital Advertising at adwerx.com.
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kvCORE Platform Earns Fastest-Growing Software Product by G2
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MooveGuru Acquires HomeKeepr's Client Engagement Platform
The combined product offering is the only all-in-one concierge service offered by Realtors to extend client relationships beyond the closing ROSWELL, Ga., Feb. 10, 2021 -- MooveGuru, the real estate industry's most extensive moving concierge service, today announced the acquisition of Lyndhurst, NJ-based HomeKeepr, the fastest-growing home pro referral platform, through a seven-figure stock-for-stock transaction. The transaction adds, 430,000 home pros, 230,000 real estate agents and their clients to MooveGuru concierge platforms and positions the company as the leading provider of home concierge services in America. MooveGuru is an automated, white-glove mover engagement program, free for real estate brokers and agents, that enables brokerages to provide moving-related services for their clients. In addition to their concierge-style utility connections center, MooveGuru sends discounts on services frequently used by homebuyers and sellers to clients branded on behalf of agents and their brokerages, with partners including ERA, Keller Williams, Better Homes and Gardens Real Estate, Berkshire Hathaway HomeServices, Exit Realty, Century 21, RE/MAX and The Realty Alliance. Founded in 2014, HomeKeepr has been providing consumers with similar services through their agent-branded home ownership content and highly-rated mobile app, co-branded to agents nationwide. Leading firms like Keller Williams, Berkshire Hathaway HomeServices, Realty Executives and others have deployed HomeKeepr to agents and customers. Co-founders of HomeKeepr, Rob Morelli and David Weinstein will both join the executive team of MooveGuru. Rob will assume the title of President of HomeKeepr, a MooveGuru company. All HomeKeepr employees will remain with the combined company and are currently hiring new staff to support the expansion of the business to accommodate onboarding MooveGuru customers and partners. "We have long admired the HomeKeepr mobile app, their network of agent-recommended pros and their high satisfaction rates with agents on the platform," says Scott Oakley, CEO of MooveGuru. "Supporting consumers with a mobile app that keeps them connected to their real estate professional during the moving process and between transactions is the type of experience that elevates the value of the agent to their customers." "We couldn't be more excited about this acquisition," said Rob Morelli. "Integrating MooveGuru's technology that automates client onboarding with ours means that we'll be able to deliver a best-in-class suite of customer-for-life tools to agents and brokerages - driving an even bigger increase in referral business. Together, we're now able to deliver a better product to homeowners and reduce work for agents. Everybody wins." The companies will be working quickly on plans to integrate service providers across both platforms and roll out the mobile solution to MooveGuru brokerages. About MooveGuru In 2016, Roswell, GA based MooveGuru Inc. launched a free mover engagement program to real estate agents and brokers with the idea of connecting home buyers and sellers to convenience and savings on moving services. Using just-in-time delivery through artificial intelligence algorithms, MooveGuru Inc. ensures consumers receive agent-branded savings from national and local retailers, connects all utilities and makes the moving process more streamlined. Today, more than 1,100 brokerages, their agents, and clients are connected to the MooveGuru platform.
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Matterport Announces Proposed Business Combination with Gores Holdings VI
SUNNYVALE, California - February 8, 202 -- Matterport, Inc. ( "Matterport'' or the "Company''), the spatial data company leading the digital transformation of the built world, and Gores Holdings VI (NASDAQ: GHVI, GHVIU, and GHVIW) ("Gores Holdings VI"), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, today announced that they have entered into a definitive agreement providing for a business combination that will result in Matterport becoming a publicly listed company. Upon closing of the proposed transaction, the combined company will be named "Matterport, Inc." and intends to remain listed on NASDAQ under the ticker symbol "MTTR." Founded in 2011, Matterport has defined the spatial data category for the built world with its market-leading platform that turns any physical space into an immersive 3D digital twin. The Company has created the largest spatial data library in the world, with more than 10 billion square feet of space and growing. Millions of buildings in more than 150 countries have been digitized, from homes, office spaces, museums and schools to factories, hospitals, and retail stores. Matterport monetizes its data primarily under a recurring revenue Software as a Service model and grew its subscriber base by more than 500% in 2020. Real estate is the world's largest asset class comprising commercial, industrial, and residential properties. Worth an estimated $230 trillion, the global real estate market is more than three times the estimated value of all global equities combined. With more than four billion buildings worldwide, the built world is the largest undisrupted market with less than 1% digitized. For building owners, underwriters, and occupants, managing the lifecycle of a building is unnecessarily costly, time consuming, and inefficient in the modern world. Matterport takes buildings online so customers can more efficiently design, build, promote and manage their most valuable assets from any device. It starts with the Company's groundbreaking digital twin technology and deep understanding of buildings and spaces, bridging the physical and digital worlds. Matterport's proprietary AI technology automatically creates a dimensionally accurate, photo-realistic, three-dimensional digital twin of any building that is loaded with spatial data. The AI understands what is important about a building or space such as geometry, layout, structural analysis and contents, including furnishings and equipment. Matterport's spatial data provides unparalleled building insights and analysis so that customers have a more efficient and scalable way to experience and manage buildings. "Matterport has been at the forefront of spatial computing for the built world for over a decade. Our pioneering technology has defined the category and set the standard for digitizing the largest asset class in the world. Our deep industry experience and proven track record have made Matterport the platform of choice to digitize millions of buildings across diverse industries and markets," said RJ Pittman, Chief Executive Officer of Matterport. "Building on this momentum, we are scaling all aspects of our business to transform the $230 trillion built world. We believe the proposed transaction with Gores Holdings VI unlocks the potential of our platform and accelerates our mission to make every building and every space more valuable and accessible. We're thrilled to partner with The Gores Group, an innovative team with deep technology experience and a history of fueling major technology transformations." "This marks our second business combination with a game-changing technology company, solidifying Gores' investment strategy around identifying and partnering with disruptive, category-defining companies with impressive track records, tremendous growth potential and strong leadership teams. Matterport represents all of those attributes and more," said Mark Stone, Senior Managing Director of The Gores Group and CEO of Gores Holdings VI. "For years, Ted Fike and I have been investing in growth companies driving technology transformations in the largest undisrupted categories around the world," said Justin Wilson, Senior Managing Director of The Gores Group. "Real estate and the built world is without question among the biggest frontiers ready for digitization, and in our view Matterport is the clear market leader in the category with enormous potential still ahead," he added. "RJ and the extraordinary leadership team he has assembled have galvanized the Company's platform strategy and proven the scalability of its business and its unique value proposition worldwide. We look forward to watching how Matterport fundamentally changes the way people interact with buildings and the physical world around them," said Ted Fike, Senior Managing Director of The Gores Group. "The Gores Group is an outstanding partner with a deep understanding of the Matterport vision, and we are excited to announce their lead alongside an extraordinary group of top-tier investors in fueling our growth," said JD Fay, Chief Financial Officer of Matterport. "The rapid growth in subscribers to the Matterport platform is driving record financial performance for the business. Total revenue in 2020 was $85.9 million, up 87% year-over-year. This significant business expansion is also capital efficient, as our subscriber lifetime value-to-customer acquisition cost ratio was up 4.7x in 2020 to an impressive 11.7. It is with that background that we look to accelerate our growth globally with the new investment we are announcing today." Gores Holdings VI is a publicly listed, $345 million special purpose acquisition company and is the seventh vehicle sponsored by an affiliate of The Gores Group, a global investment firm founded in 1987 by Alec Gores. Gores strategy is to identify and complete business combinations with differentiated, market leading companies with strong equity stories that will benefit from the growth capital of the public equity markets and be enhanced by the experience and expertise of Gores long history and track record of investing in and operating businesses for over 35 years. To date, Alec Gores and affiliates of The Gores Group have completed five business combinations representing over $25 billion in transaction value. Transaction Overview The combined company will have an implied pro forma enterprise value of approximately $2.3 billion and an equity value of approximately $2.9 billion at closing. All existing Matterport stockholders will roll the entirety of their equity holdings into the combined company and are expected to hold approximately 75% of the issued and outstanding shares of common stock of the combined company immediately following the closing. Concurrently with the consummation of the business combination, additional investors will purchase shares of common stock of Gores Holdings VI in a private placement (the "PIPE"). After giving effect to any redemptions by the public stockholders of Gores Holding VI, the balance of the approximately $345 million in cash held in Gores Holdings VI's trust account, together with the approximately $295 million in PIPE proceeds, net of transaction expenses, will be used to support continued growth of the combined company's business across key verticals. The PIPE investment is led by institutional investors including Tiger Global Management, LLC, Senator Investment Group, Dragoneer Investment Group, Fidelity Management & Research Company LLC, funds and accounts managed by BlackRock, Miller Value Partners, Darlington Partners, Untitled Investments, and Lux Capital. The transaction, which has been unanimously approved by the boards of directors of both Gores Holdings VI and Matterport, and has the voting support of the requisite equity holders of Matterport, is expected to close in the second quarter of 2021, subject to regulatory approvals, approval of the proposed business combination by stockholders of Gores Holdings VI, and the satisfaction or waiver of other customary closing conditions, including a registration statement being declared effective by the Securities and Exchange Commission (the "SEC"). Following the closing of the business combination, the Company's management team, led by Chief Executive Officer RJ Pittman, will continue to operate and manage Matterport. Advisors Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC are acting as financial advisors and capital markets advisors to Gores Holdings VI and as joint lead placement agents on the PIPE. Moelis & Company LLC is also acting as financial advisor to Gores Holdings VI. Weil, Gotshal & Manges, LLP is acting as legal advisor to Gores Holdings VI. Credit Suisse is serving as exclusive financial advisor and capital markets advisor to Matterport and acted as joint lead placement agent on the PIPE. Latham & Watkins LLP is serving as legal advisor to Matterport in the transaction and Orrick LLP is serving as Matterport's general corporate counsel. Additional information about the proposed business combination, including a copy of the merger agreement and investor presentation, will be provided in a Current Report on Form 8-K to be filed by Gores Holdings VI with the SEC and available at www.sec.gov.  About Matterport Matterport is leading the digital transformation of the built world. The Company's groundbreaking spatial computing platform turns buildings into data making every space more valuable and accessible. Millions of buildings in more than 150 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. For more information, visit www.matterport.com. About Gores Holdings VI Gores Holdings VI is a special purpose acquisition company sponsored by an affiliate of The Gores Group for the purpose of effecting a merger, acquisition, or similar business combination. Gores Holdings VI completed its initial public offering in December 2020 raising approximately $345 million in cash proceeds. Prior business combinations for special purpose acquisition companies sponsored by affiliates of The Gores Group include: Hostess (Gores Holdings, Inc.), Verra Mobility (Gores Holdings II, Inc.), PAE (Gores Holdings III, Inc.) Luminar (Gores Metropoulos, Inc.) and United Wholesale Mortgage (Gores Holdings IV, Inc.). About The Gores Group, LLC Founded in 1987 by Alec Gores, The Gores Group is a global investment firm focused on partnering with differentiated businesses that can benefit from the extensive industry knowledge and decades long experience. Gores Holdings VI and The Gores Group are separate entities with separate management, although there is overlap in size and industry of target acquisition and personnel involved. For more information, please visit www.gores.com.
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Veea Collaborates with Bring It Home Communities and Realty Times to Develop Virtual Offices for Real Estate Agents and Brokers
NEW YORK, Feb. 3, 2021 -- Veea Inc., a pioneer in smart edge connectivity and computing, announced today that they have entered into an agreement with Realty Times, Inc. and Bring It Home Communities to co-develop and co-market edge-powered solutions for the real estate industry. In almost every real estate transaction, agents must communicate with buyers, sellers, lenders, lawyers, inspectors, and government workers. Dozens and dozens of pages of documents must be signed and managed. The pandemic has essentially changed our expectations of how people and businesses operate, creating substantial challenges for real estate brokers and agents and opportunities for those willing to embrace virtual operations. Real estate firms and their agents need a virtual office with comprehensive, secure, reliable, and flexible communications within an environment that supports their activities while also providing tangible customer benefits that set them apart from legacy real-estate operators. The edge computing-based solution will support new, virtualized capabilities such as virtual meetings for brokers, agents, and clients; virtual tours and virtual open houses with augmented reality capabilities that enable buyers to see properties like they are physically there on a variety of devices such as smartphones, tablets, laptops and desktops; rich media advertising by firms that want to reach home buyers supported by Veea's AdEdge advertising platform; and support for online learning and certification for agents and brokers. "This solution provides tremendous value to the entire real estate community," said John Giaimo, CEO of Bring it Home Communities, Inc, and Realty Times. "It helps local realtors and brokers easily service buyers and sellers virtually, yet with the all-important personal touch." Real estate offices in key markets will begin participating in pilot tests beginning in March. "VeeaHub Smart Edge Nodes integrate the secure connectivity, application processing power, and simplicity required to support virtual offices that can easily be deployed and centrally managed from the cloud," said Mark Tubinis, Veea's Chief Commercial Officer. "The solution is perfect for creating Virtual Real Estate offices that need to satisfy the demands of renters, buyers, sellers, lenders, lawyers, and anyone else that influences property transactions." About Veea, Inc. Veea is redefining and simplifying highly secure edge computing while improving application responsiveness, reducing bandwidth costs and overcoming central cloud dependency and latency. VeeaHub Smart Edge Nodes integrate a full range of connectivity solutions, application processing power, and a full security stack to form an elastic edge computing platform with a dynamic connectivity and application mesh that can easily be deployed and centrally managed from the cloud. Veea's Edge Services run across this application mesh to deliver secure remote access, IoT/IIoT/AIoT, and a wide range of smart applications. These elements comprise the Veea Edge Platform, serving the needs of a large number of enterprise and public customers ranging from Secure Access Service Edge (SASE)-based work or study from home, Smart Buildings, Smart Energy, Smart Cities, Smart Construction, Smart Farming to Smart Retail. For more information, visit www.veea.com. About Bring it Home® Communities Bring it Home® community portals provide local real estate listings, articles, lifestyle and content specific to the community. Proudly supporting local businesses through the Bring it Home Ad Network, powered by Ad Persistence™ Visit bringithomecommunities.com About Realty Times One of America's largest and most trusted real estate news organizations, Realty Times has connected buyers, sellers, brokers and agents with everything real estate related. Visit RealtyTimes.com
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RealtyTech Expands Partnership Program with IDX Broker to More Cities in the USA
RealtyTech Inc. has decided to expand its partnership program with IDX Broker to get attract more clients in more American cities. The expanded partnership will serve as the pathway for IDX Broker to attain and retain new clients in unchartered cities. It would also be a step up for IDX Broker to boost operations and understand numerous client dynamics in different parts of the U.S. THOUSAND OAKS, Calif., Jan. 22, 2021 -- RealtyTech has announced that to expand its partnership program with IDX Broker to more cities across the U.S. The news serves as a broader strategy of RealtyTech to solve one of the country's biggest challenges: simplifying how brokerage organizations in America connect with the "right" people. "The expansion will hopefully accelerate our unique joint partner program for years to come," said Uzelac R., the CEO of RealtyTech Inc. The expanded partnership program with IDX Broker will increase the efforts of the platform to help out more people in their home selection. It will also allow customers a powerful and unique experience. RealtyTech understands the comprehensive, modern, intuitive, and tech-oriented approach to get and hold onto more clients. It is an effective way to build trust and manage clients for an extended period. The housing market dynamics are shifting, and IDX Broker intends to move forward in a more progressive direction. "RealtyTech just wants to remain side-by-side with the IDX Broker to deliver the best value to the clients," noted said Uzelac R., the CEO of RealtyTech Inc. The expanded partnership will help IDX Broker to manage and review more service benefits that would attract more customers in the foreseeable future. "RealtyTech wants to lend its hand to IDX broker to navigate the tech-savvy and competitive housing market and deliver the best advisory services to clients," continued said Uzelac R., the CEO of RealtyTech Inc. Amidst the COVID-19 pandemic, attracting new clients has been a tumultuous task for brokers. With millions of investors and brokers ready to trade in risky markets every day, the real estate market has become more saturated than ever. The good news is that external specialists and or brokers understand the process of how to bring in valuable customers. In fact, IDX Broker does more than appease its clients; the platform offers real value through its home selection process to the clients. One of the reasons for the expanded partnership between RealtyTech and IDX Broker is to ensure sustainable growth and success. "IDX broker can now view the expanded partnership as a platform to advance their business practices," added Uzelac R., the CEO of RealtyTech Inc. The partnership also hints at more flexible and customized commission plans in the IDX Broker business model to achieve short-term and long-term objectives. In addition, IBX Broker is not new to real estate territories in the U.S. and can capture the attention of clients in different cities. It will also allow IDX Broker to build and maintain a nationwide reputation. It will also allow IDX Broker to segment and personalize different client preferences in various American cities. At its core, personalized support and dedication will enable IDX Broker to offer its expertise to clients with more freedom. About RealtyTech Richard Uzelac's RealtyTech Inc was created in 2002. Since that time RealtyTech has helped thousands of Agents and Offices to build strong brands and online presences to enhance their real estate businesses. RealtyTech specializes is Websites, IDX, and Internet Marketing and Advertising for the Real Estate Industry. Contact Richard Uzelac directly at RealtyTech Inc. at 805-413-7888 for more information.
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Elm Street Technology Acquires Flow ROI, Bringing Transaction Management Capabilities to Elevate
Second acquisition announced in January suggests aggressive growth for 2021 January 13, 2021 - Dallas, TX -- Elm Street Technology, LLC ("Elm Street Technology"), a leading provider of residential real estate technology and marketing solutions, today announced the acquisition of Flow ROI, a provider of real estate transaction management software for real estate brokerages, teams and agents. The addition of Flow ROI strategically enhances Elm Street's end-to-end Elevate platform, which provides a comprehensive suite of real estate technology and marketing services within a seamless user experience. "Our customers have been asking us to add transaction management to round out Elevate's solutions portfolio," said Prem Luthra, President and CEO of Elm Street Technology. "After extensively evaluating companies and software in this space, Flow ROI was the clear choice in terms of functionality and user experience. This acquisition continues our mission to bring the best technology, leaders, and teams together under one singular corporate vision to provide a simplified, streamlined solution to our real estate community." Elm Street Technology's Elevate platform aims to maximize real estate professionals' business efficiency by providing a single vendor and point of contact for real estate technology and marketing services. The Elevate platform is currently used by tens of thousands of real estate agents, teams and brokerages across the United States. It offers a variety of seamlessly-integrated tools including IDX websites, lead generation services, CRM, email, social, text and blog marketing automation, recruiting and retention campaigns, and more, all backed by comprehensive customer support and training. "Elm Street Technology's mission to create a user experience allowing brokers and agents to stay connected throughout the entire real estate life cycle aligns perfectly with our goals at Flow ROI," stated Samuel Ibrahim, Founder and CEO of Flow ROI. "Centralizing data is imperative to the future of real estate technology and the Elevate platform is a clear leader for consolidation, collaboration and data management." Flow ROI is the eighth acquisition for Elm Street Technology since its founding in 2016, and the second acquisition announcement in the past two weeks. Past acquisitions have included companies such as IDX Broker, VoicePad, eMerge, AgentJet, Listingbook, RLS2000 and Consolidated Knowledge. In early 2020, Elm Street Technology entered a strategic partnership with Aquiline Capital Partners, a private investment firm based in New York and London, to accelerate its organic growth and pursue strategic acquisitions. About Elm Street Technology, LLC Elm Street Technology offers a growing portfolio of real estate technology and marketing services with the goal of providing one vendor and one point of contact, fully fused into one singular platform – Elevate - to capture and nurture more leads into closed business. Elevate allows busy real estate professionals the ability to streamline and automate their marketing and day-to-day business objectives by offering high-end IDX websites, lead generation tools, a powerful CRM, email, social, text and blog marketing automation, recruiting and retention tools, and more. For more information, please visit tryelevate.com. About Flow ROI Based in Wilmington, NC, Flow ROI is a one-stop, mobile-centric, all-in-one real estate transaction management software that combines CMS, MLS, taxes, state and in-house forms, expense tracking, signatures and transaction management into one insightful, accountability-driven dashboard. For more information, please visit flowroi.com. About Aquiline Capital Partners LLC Aquiline Capital Partners, founded in 2005, is a private investment firm based in New York and London investing in businesses across the financial services sector in financial technology, insurance, investment management, business services, credit and healthcare. The firm has $5.3 billion in assets under management as of December 31, 2019. For more information about Aquiline, its investment professionals, and its portfolio companies, please visit aquiline.com.
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Elm Street Technology Acquires VoicePad to Expand Offerings and Accelerate Growth
Broadens Elm Street's omni-channel new client acquisition solutions for real estate brokerages January 6, 2021 - Dallas, TX -- Elm Street Technology, LLC ("Elm Street Technology"), a leading provider of residential real estate technology and marketing solutions, today announced the acquisition of VoicePad, a provider of new client acquisition and telecom solutions for real estate brokerages and their agents. The acquisition of VoicePad complements Elm Street's Elevate platform, which provides an end-to-end suite of real estate technology and marketing services. "We're thrilled to welcome VoicePad to the Elm Street Technology team as we look to broaden our platform of integrated real estate technology solutions to help us reach the next stage of our growth," said Prem Luthra, President and CEO of Elm Street Technology. "Since its founding in 2003, VoicePad has provided high-level service to a robust portfolio of real estate brokerages, brands and professionals. We look forward to expanding our offerings to our collective audiences." Elm Street Technology's Elevate platform, which aims to maximize real estate professionals' business efficiency by providing a single vendor and point of contact, is currently used by tens of thousands of real estate agents, teams and brokerages across the United States and Canada. Elevate offers a variety of seamlessly-integrated tools including IDX websites, lead generation services, CRM, email, social, text and blog marketing automation, recruiting and retention campaigns and more, all backed by comprehensive customer support and training. "The entire VoicePad team looks forward to this strategic alignment with Elm Street Technology," stated Randall Standard, Chief Executive Officer of VoicePad. "The opportunity to integrate into a singular, comprehensive tech stack like Elevate will not only help us to better serve our clients, but also continue to position Elm Street Technology as one of the true technology leaders in the real estate sector." Early in 2020, Elm Street Technology announced a strategic partnership with Aquiline Capital Partners, a private investment firm based in New York and London investing in businesses across the financial services sector. This partnership enables Elm Street Technology to accelerate its organic growth and to pursue strategic acquisitions. VoicePad is the seventh acquisition for Elm Street Technology since the company's founding in 2016. Past acquisitions have included companies such as IDX Broker, eMerge, AgentJet, Listingbook, RLS2000 and Consolidated Knowledge. About Elm Street Technology, LLC Elm Street Technology offers a growing portfolio of real estate technology and marketing services with the goal of providing one vendor and one point of contact, fully fused into one singular platform – Elevate - to capture and nurture more leads into closed business. Elevate allows busy real estate professionals the ability to streamline and automate their marketing and day-to-day business objectives by offering high-end IDX websites, lead generation tools, a powerful CRM, email, social, text and blog marketing automation, recruiting and retention tools, and more. For more information, please visit tryelevate.com. About VoicePad Based in Louisville, KY VoicePad specializes in creating organic lead-generation solutions for the real estate industry that combines the most important mobile technologies into a single elegant solution. Unlike other mobile solutions that focus exclusively on text messaging or mobile apps, VoicePad combines text, Interactive Voice and speech recognition technology to generate leads and provide automated Telecom solutions for real estate brokerages, teams and agents. For more information, please visit VoicePad.com. About Aquiline Capital Partners LLC Aquiline Capital Partners, founded in 2005, is a private investment firm based in New York and London investing in businesses across the financial services sector in financial technology, insurance, investment management, business services, credit and healthcare. The firm has $5.3 billion in assets under management as of December 31, 2019. For more information about Aquiline, its investment professionals, and its portfolio companies, please visit aquiline.com.
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eXp Realty Surpasses 40,000 Real Estate Agents Globally on Its Immersive Cloud-Based Platform
40,000 Agent Milestone Represents 60% Year-over-year Growth BELLINGHAM, Wash. - Dec. 14, 2020 -- eXp World Holdings, Inc., the holding company for eXp Realty, one of the fastest-growing residential and commercial real estate companies, has exceeded 40,000 agents globally. This represents a year-over-year increase of 60% when compared to 25,000 agents at this same time last year. The milestone of surpassing 40,000 agents follows eXp's rapid international expansion and record-setting year for net agent growth, transaction growth and the company's top- and bottom-line. In the third quarter of 2020, the company's revenues increased 100% year-over-year to a record $564.0 million, which drove record net income of $14.9 million. "Our record-breaking financial results and solid growth trajectory are a testament to our agent-first model and innovative cloud-based platform," said eXp Realty CEO Jason Gesing. "Our clear financial incentives continue to drive successful agents to our platform, as we added more agents than ever before in the third quarter. As we look ahead to 2021, we expect to continue adding agents at a rapid pace and growing our overall residential real estate business, both domestically and abroad." eXp's expansion into the commercial real estate space, with eXp Commercial, has also catalyzed the company's strong growth. eXp's Commercial platform offers agents the same attractive commission and capping model, a revenue-share program and stock option opportunities. Additionally in 2020, eXp World Holdings made two purchases to help with future growth: It purchased Showcase IDX, a real estate search platform popular with consumers and real estate agents. It also acquired SUCCESS Enterprises, a personal and professional development media company, which will allow eXp to blend its technology and content to enhance the personal development platform for entrepreneurs and sales professionals around the globe. "The synchronicity of these businesses coupled with our agent growth puts us in an exceptionally strong position headed into 2021," said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. "I'm confident our agent growth will continue at a rapid clip, as more and more agents are drawn to our agent-centric brokerage with a track record of innovation and success." About eXp World Holdings, Inc. eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty, eXp Commercial, Virbela, Showcase IDX and SUCCESS Enterprises. eXp World Holdings and its global brokerage, eXp Realty, is one of the fastest-growing real estate tech companies in the world with more than 40,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico and Portugal and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive. For more information visit https://expworldholdings.com.
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Despite COVID, Delta Media Hits Record Growth in 2020, Poised for a 'Breakout' Year in 2021
CANTON, Ohio, Dec. 16, 2020 -- No one expected real estate to experience a record-setting year in 2020, with the economic slowdown and banning of a number of real estate activities, including open houses. Yet existing-home sales jumped nearly 27% in October year-over-year, the average home price increased by almost 16%, and the annual adjusted rate home sales hit a record pace of 6.85 million. "Because of COVID-19, real estate agents are using more tech tools in the last seven months than in the last seven years," said Michael Minard, CEO and owner of Delta Media, one of the most established and largest broker technology solutions providers. Its DeltaNet 6 CRM is real estate's most advanced all-in-one digital marketing, back office, and website platform. Minard notes Delta Media had to pivot throughout 2020 to respond to the impact of COVID on real estate brokerages and agents. "After investing more than 40,000 development hours and over $30 million in hardware and software, we launched DeltaNET 6 at the onset of the pandemic in March, Minard explained. "It sounds like terrible timing, but in hindsight, this rollout positioned us for one of our best years ever." Delta Media reports its real estate brokerage sales are up 53% year-over-year, with its primary customer base of real estate agents growing 30%. Delta Media now serves brokerages in 46 states across the country. Instantly pivoting to meet unexpected technology needs and providing more comprehensive business and marketing support for real estate brokerages, Delta Media rapidly deployed new support for virtual open houses. The company also offered dozens of COVID-related articles and free webinars to advise and teach tens of thousands of agents – now working solely from home – how to use digital tools to continue to serve existing clients and prepare for a rebound in real estate. "As one of Delta Media's first customers, we know their dedication to service and to staying on the cutting edge," said John De Souza, President of Northern Indiana's Cressy & Everett Real Estate. "Delta has been a true partner in creating new services, tools, and processes which make our agents more productive," he added, noting Delta Media tech drives 90,000 monthly visitors to its site. As the impact of COVID on America continued to grow, in early and mid-2020, many real estate brokerages often found their current vendor tech support stagnated. Delta Media did the opposite, expanding system improvements while adding to its development and customer support teams. Support hours are from 8:00 to 6:00 EST, and all calls are routed to tech support representatives and answered immediately. Ken Carter, President & CEO of Watson Realty, the largest firm in the Bakersfield California region noticed. Watson had lost ground with their previous technology partner, especially in the area of a digital marketing solution. In converting to Delta Media to provide a new media platform, agent satisfaction increased dramatically, and consumer response rates nearly doubled. Carter said he was both "pleased" and "surprised" by Delta Media's actions. "Pleased that Delta stayed with us through the expected learning curves involved in onboarding a new technology platform and as patient as they were productive," explained Carter. "We made the relatively painless migration with their consistent support and generous counsel. Every question was met with a solution and the follow-through that brought our wants and needs into reality." "Surprised in all that we had been missing in our digital space for so long, and the relative ease of stepping through each solution offered, and the impact it began having on our SEO and our social and consumer marketing efforts," he added. Minard says Delta's record growth is attributable to providing brokerages "with their biggest bang for the buck." He notes brokerages face tight margins even though many also are having a record year. "At Delta in 2020, we revamped our AVM (Automated Valuation Model) platform, added new features for builders, commercial real estate, and teams, and updated and expanded our digital and print marketing offerings with the launch of Creative Studio. Customers received all of these major enhancements at no cost – all added on for free," he explained. "And we put our money where our mouth is by giving brokerages and agents free trials with no contracts," Minard added. "We offer one platform that delivers, at the best price, nearly everything a brokerage needs to help their agents marketing themselves and their listings." Poised for a "breakout" in 2021 Next year – 2021 – "is poised to be a breakout year for Delta Media," Minard said. Early in the year, his company expects to announce the addition of breakthrough technology that will make its DeltaNET 6 CRM "the most robust digital marketing platform at the best price-point in the marketplace." Other improvements are coming online throughout next year, Minard notes, explaining, "Everything new we add maintains Delta's mission: Helping provide agents with the best advice, tech tools and resources available." About Delta Media Group Delta Media Group, Inc., located in Canton, Ohio, is a leading and trusted technology partner for many of real estate's top brands. Creator of the DeltaNET 6 CRM platform, Delta offers real estate's most advanced all-in-one digital marketing, back office, and website platform. Delta Media Group is real estate's only family-owned and operated technology innovator with no outside investors or VC funding. Delta Media Group is renowned for saving clients money while reducing the frustration of managing multiple online technologies. Established in 1994, Delta Media Group remains a top real estate technology innovator. Discover more at deltamediagroup.com.
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LeadingRE Names SmartSetter to Solutions Group
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Adwerx Has Been Powering Personalized Advertising to Custom Audiences Since 2016, Delivering over 630 Million Brand Compliant Ad Views for Agents and Brokers
Compass recently released a product targeting custom audiences which is game changing, so much so that Adwerx has been doing it since 2016 and it comes standard with every Adwerx Enterprise customer portal Adwerx launched in 2013 on the premise of providing brilliantly simple digital advertising to any business that needs to build an online presence. Understanding the fundamental importance of branding from day one, the company has focused on providing hyper-targeted, personalized advertising on social media, premium websites, and most recently streaming TV, empowering real estate agents and brokerages to reach their target audiences at scale with the power of industry-leading, turnkey automation. The first tech company to enter the industry with the notion that digital branding is essential to a successful real estate marketing strategy, Adwerx now automates digital display advertising for over 200 real estate brokerages, including 25% of the top firms in the U.S. On the heels of this success comes competitors looking to enter the digital branding space, often mirroring their offerings to Adwerx's existing suite of products. An example of this includes Compass' recently released product targeting custom audiences, where users have the ability to advertise to audiences pulled directly from their Compass CRM, and market a seller's property on Facebook and Instagram. Adwerx released custom audience technology back in 2016, giving brokerages a way to reach prospective agents with personalized recruitment messaging, as well empowering the agents themselves to consistently nurture their referral networks with always-on advertising. Since launching this product, Adwerx has delivered over 630 million impressions to custom audiences on behalf of agents and brokers through their always-on, marketing engine. This technology comes standard with every Adwerx Enterprise contract, and runs on premium websites like ESPN, The Wall Street Journal and The New York times, as well as local news sites, Facebook and Instagram. Plus, Adwerx's patent-pending Quick Adder technology makes the addition of new audiences into digital sphere campaigns seamless. Soon, Adwerx customers will also have the ability to reach their SOI on TV, as Adwerx integrates this same technology into their existing Streaming TV product. Working with Adwerx keeps brokerages ahead of the advertising curve, in a time when being online and on TV is more important than ever, and keeps agents and firms relevant when they can't afford not to be. According to NAR's 2019 Profile of Buyers and Sellers, the typical seller has recommended their agent once since selling their home, while 36% of sellers recommended their agent three or more times since selling their home. In addition, 75% of recent sellers contacted only one agent before finding the one they worked with to sell their home. Adwerx has recognized the critical importance for an agent to stay in front of their Spheres online and has been educating agents about this for years. Now, firms like Compass are jumping on the bandwagon by implementing this technology for themselves. Looking for ways to constantly innovate, Adwerx offers customers creative ways to use their SOI campaigns. A timely example of this is through holiday promotions. Adwerx is now offering customers "holiday card" ads as a way to get in front of friends and family using a new medium. Some savvy customers are even using it to help charities with event sign ups and donations by donating their ad space to their preferred charities. Sample Holiday Ad from Adwerx The Adwerx Enterprise Automation Platform has seen rapid adoption among the nation's most innovative brokers and lenders. With the recent publication of landmark research studies from T3 Sixty and REAL Trends highlighting the positive ROI of their platform, Adwerx is well positioned to help forward-thinking enterprises succeed during periods of uncertainty. Adwerx allows firms of any size to compete in the market, giving them a solution that allows them to compete with the big players, like Compass. To learn more about Adwerx's custom audience targeting and the Adwerx Enterprise Automation Platform, visit enterprise.adwerx.com.
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Lone Wolf acquires W+R Studios, makers of Cloud CMA, to create unprecedented technology suite for real estate agents and brokers
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First American Title and Lone Wolf Technologies integrate to offer title insurance orders directly to 1.4 million real estate agents in the U.S.
With the integration, real estate agents with access to Lone Wolf's national transaction management member benefit can order First American title insurance policies CAMBRIDGE, ON, Dec. 3, 2020 -- First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation, and Lone Wolf Technologies, the North American leader in real estate technology, today announced an integration to offer digital title insurance orders within Lone Wolf Transactions (zipForm Edition), the national transaction management member benefit in the U.S., and Lone Wolf Transactions (TransactionDesk Edition), a local/state member benefit in over 300 MLSs and associations in the U.S. This integration represents a significant step toward digitizing the entire title insurance and transaction experience. With this integration, real estate agents using Lone Wolf Transactions will be able to complete digital title orders with their local First American Title office. The integration includes file order/initiation, secure contract/document transmission, real-time file updates, a chat feature, and a status update dashboard for the real estate agent side. This will result in easier and faster order creation for agents on both sides of the transaction, simpler communication, and a secure channel for both agents and title representatives to share notes and files at the transaction level in their respective systems. The launch will commence in Oregon, and roll out nationally over the next several months. "It's more important than ever for real estate professionals to conduct business digitally," said Jimmy Kelly, president and CEO of Lone Wolf. "This integration connects a leading title insurance provider to the leading transaction solution in the U.S. to bring a one-of-a-kind digital workflow to every single agent in the country, making their deals and their client experience that much simpler at a time when they need it most. We believe this is a huge step toward a new, faster, better real estate transaction experience for agents, brokerages, and buyers and sellers." "We're thrilled to announce this integration with Lone Wolf," said Jim Dulle, senior vice president and managing director at First American Title. "Integrations like this represent First American Title's commitment to creating efficiencies for our customers." First American Title joins nearly 20 other major real estate services and technology providers in Lone Wolf's Marketplace, including Earnnest, Updater, Adwerx, EyeSpy360, and many more. Marketplace provides a curated library of digital tools, services, and solutions for every aspect of a transaction, from listing to close and beyond. Access is provided for free to every real estate agent in the U.S. with a login to their national member benefit, Lone Wolf Transactions. "Marketplace's purpose is to revolutionize the real estate transaction experience," said Jason Cheverton, vice president of strategic channels at Lone Wolf. "By putting everything agents need for the entire transaction in one place, from lead generation and digital advertising to digital earnest money deposits, title insurance, and moving concierge services, we're doing just that. First American Title is an amazing addition to Marketplace and one that will have a massive impact for real estate agents across the country." About First American Title Insurance Company First American Title Insurance Company, the largest subsidiary of First American Financial Corporation (NYSE: FAF), traces its history to 1889. One of the largest title insurers in the nation, the company offers title services through its direct operations and an extensive network of agents throughout the United States and abroad. First American Title provides comprehensive title insurance coverage and professional services for real estate purchases, construction, refinances and equity loans. For more information, visit www.firstam.com/title. About Lone Wolf Technologies Lone Wolf Technologies, a Stone Point Capital company, is the North American leader in residential real estate software, serving over 1.4 million real estate professionals across Canada and the U.S. With cloud solutions for agents, brokers, franchises, MLSs and associations alike, the company provides the entire real estate industry with the tools they need to amaze clients, build their business, and improve profits—from transactions to back office, insights, and more, all in one place. Lone Wolf's head offices are located in Cambridge, ON, and Dallas, TX. For more information on Lone Wolf Marketplace, visit marketplace.lwolf.com.
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Century 21 Results Joins Forces with Adwerx to Power Digital Advertising for Every Agent
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Bray Real Estate Launches The Adwerx Enterprise Automated Advertising Platform, Bringing Online and Streaming TV Advertising to Agents
The program ensures that agents receive a comprehensive digital advertising campaign for themselves and their listings, including streaming TV advertising Bray Real Estate is making a promise to provide the best in digital advertising technology by implementing the Adwerx Enterprise Automated Advertising Platform, including automated online ads for new listings, the use of website retargeting, and access to Streaming TV services. Digital ads for new listings launch when a property is publicly listed – and during the all-important first week that a home hits the market and receives the most attention. They appear on popular websites such as ESPN and the New York Times and social media sites such as Facebook and Instagram. This helps to instill confidence and optimism amongst sellers, proving Bray Real Estate agents are digitally savvy, and are providing the best marketing possible for their listings. The Adwerx Enterprise Automated Advertising Platform further boosts awareness of the agents themselves through impactful brand radius and retargeting technology. These campaigns elevate the agent's profile by optimizing visibility and keeping them top-of-mind with potential clients by ensuring brand ads featuring the agent's photo and contact information reach potential buyers and sellers within a geographic area of the agent's choosing, as well as with any prospect who visits an agent's website. Lastly, agents have access to a branded, self-service portal where they can target qualified prospects directly with personalized commercials on streaming TV services, giving access to an advertising medium that is only going to grow. "Digital and streaming TV advertising is an important part of our strategy," said Fran Stephens, Marketing Director at Bray Real Estate. "We trust Adwerx to help extend our reach during the critical first week on the market by delivering ads that automatically deploy to reach potential buyers online." Since its launch in 2017, the Adwerx Enterprise Automation Platform has seen rapid adoption among the nation's most innovative brokerages. Brokers who provide Adwerx's platform retain their agents at a higher rate, with 42% lower agent churn, according to an analysis by REAL Trends. To learn more visit enterprise.adwerx.com. About Bray Real Estate The Bray Real Estate family of companies includes a residential office, a commercial office, as well as a property management office with over 100 REALTORS® and employees. Bray and Co. has based its reputation in the Grand Junction community on a commitment to integrity for over 65 years. Learn more at brayandco.com. About Adwerx Used by over 25% of the top brokerage firms and over 15% of the top mortgage originators in the U.S., Adwerx delivers personalized, omnichannel brand marketing and automation at enterprise scale. Adwerx customers are able to deliver customized ads programmatically across streaming TV, popular websites, Facebook and Instagram, and mobile apps, while driving growth through digital marketing automation that increases brand visibility, boosts productivity by 35 percent and reduces turnover by 42 percent. Adwerx works across the U.S., Canada, and Australia. Learn more about Brilliantly Simple Digital Advertising at adwerx.com. Receive 15% additional impressions on Adwerx campaigns, which can be combined with other eligible discounts. This exclusive benefit is available through the National Association of REALTORS®' REALTOR Benefits® Program.
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Realogy Names Longtime Franchise And Brokerage Leader Susan Yannaccone President And CEO Of Realogy Franchise Group
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eXp World Holdings Expands its Commercial Real Estate Network Across the Nation
Company expects to launch operations in all 50 U.S. states by end of 2020 BELLINGHAM, Wash. - November 11, 2020 -- eXp World Holdings, Inc., one of the fastest-growing residential and commercial real estate companies in the country, today announced the expansion of its commercial real estate operations for eXp Commercial into 35 states. eXp Commercial expects to be in all 50 U.S. states by the end of 2020. "eXp Commercial is attracting top-producing agents with its innovative cloud-based environment and attractive economics for agents and brokers," said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. "By the end of 2020, we expect to extend eXp Commercial's reach into all 50 states, and look forward to welcoming many more agents from across the country into the commercial business." Through the company's unique financial model, eXp Commercial offers commercial real estate agents compelling incentives, such as one of the most competitive commission packages in the real estate industry and opportunities to earn stock awards. Additionally, eXp Commercial agents and eXp Realty agents can collaborate for referrals, which also provides proprietary marketing resources, including the company's cloud-based virtual environment and a customized technology platform. Technology from CoStar will also be made available to enhance virtual prospecting, sales, training and communications. eXp announced plans to expand into the commercial real estate industry at the end of the second quarter 2020. In September, eXp World Holdings announced that James Huang, an industry veteran with more than 20 years of commercial real estate experience, was appointed as President of eXp Commercial. "Agents all over the country have recognized that the eXp model positions them for market success, despite challenges brought on by the global pandemic," said Huang. "This year, many commercial brokers have been forced to cut spending and operations. Agents that have adopted the eXp model have very low overhead and no need for a brick-and-mortar location. We firmly believe that this is the right time to build on the success of eXp and to earn new business." To learn more about eXp Commercial, visit www.expcommercial.com. About eXp World Holdings, Inc. eXp World Holdings, Inc. (Nasdaq: EXPI) owns eXp Realty, eXp Commercial and Virbela. eXp Realty, The Real Estate Cloud Brokerage, is one of the fastest-growing, global residential real estate companies with more than 38,000 agents in the United States, Canada, the United Kingdom Australia and South Africa. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth. Virbela is an immersive technology platform for business, events and education. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company's website at www.virbela.com. For more information, please visit the company's website at www.expworldholdings.com.
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From Acquisitions to Growth in Leadership, Constellation1 Continues to Demonstrate Dedication to Improving Technology in Real Estate
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CENTURY 21 Sbarra Implements Adwerx Enterprise, Gives Agents Competitive Advantage
The program ensures that agents receive a comprehensive digital advertising campaign for themselves, and every one of their listings. Adwerx, one of Inc.'s fastest-growing private companies four years in a row and preferred digital advertising platform to over 200 regional, national, and international real estate brokerages has joined forces with CENTURY 21 Sbarra to bring digital advertising automation to all of their sales offices in the Greater Binghamton and Penn Yan areas. CENTURY 21 Sbarra prides itself on providing the best service and utmost professionalism in their Associates, and has won the coveted Quality Service Award since 1993. Continuing this commitment to quality, the brokerage has launched the Adwerx Enterprise Automation Platform to seamlessly activate personalized and company branded digital ads to fast-track awareness of each new available listing from their two sales offices. Agents will also receive a custom retargeting campaign, increasing visibility and maximizing online exposure as the agents' ads follow potential clients who have visited the agents' web pages. Locally targeted digital listing ads display the listing photo, agent contact details, brokerage branding, and a link to the listing to potential home buyers based on their online behavior. Clients can be assured that their homes will be showcased on premium websites like ESPN and the Wall Street Journal, as well as Facebook, Instagram, and popular mobile apps. "We continually rank as one of the top CENTURY 21 offices, and have been honored achieving CENTURION level production," said Rachel Sbarra Riley, Broker. "We make a commitment to our Associates to provide them with the services they need to do their best work and succeed, and Adwerx helps us deliver on that promise." Expectations are high for today's real estate agents. They need the power of digital advertising to help differentiate themselves in an aggressive sales market, and to foster confidence among home buyers and sellers who are relying on their professional expertise. Adwerx's Enterprise Automation Platform simplifies digital advertising and has proven to increase agent productivity, according to an analysis by T3 Sixty, one of the industry's leading management consultancy and research companies. To learn more about the Adwerx Enterprise Automation Platform, visit enterprise.adwerx.com. CENTURY 21 Sbarra At CENTURY 21 Sbarra, Debi and Tom Sbarra are very proud of the fact that the company's 60+ professional Associates produced record sales and are leaders as Realtors in the Binghamton metro market! More important, however, is the fact that our customers voted our service to be exceptional, and as a result we have won the coveted Quality Service Award since 1993! We have also been honored with the prestigious President's Award for achieving both CENTURION level production and the Quality Service Pinnacle Award. We believe that customer satisfaction is our #1 priority! CENTURY 21 Sbarra is proud to be the Principal Broker for Cartus Relocation, the leading relocation company, having received their Real Estate Partnership Award and Five Star Circle of Excellence Award. Check us out online to learn more. About Adwerx Used by over 25% of the top brokerage firms and over 15% of the top mortgage originators in the U.S., Adwerx delivers personalized, omnichannel brand marketing and automation at enterprise scale. Adwerx customers are able to deliver customized ads programmatically across streaming TV, popular websites, Facebook and Instagram, and mobile apps, while driving growth through digital marketing automation that increases brand visibility, boosts productivity by 35 percent and reduces turnover by 42 percent. Adwerx works across the U.S., Canada, and Australia. Learn more about Brilliantly Simple Digital Advertising at adwerx.com.
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eXp World Holdings to Host Industry's Largest Real Estate Event, EXPCON, on Virbela's Virtual Business World Technology Platform
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25% of the Country's Top 1000 Real Estate Firms and 15% of the Top Mortgage Lenders are Now Using Adwerx Enterprise to Scale Their Business
Wide adoption of Adwerx's Automated Advertising Solutions coming on the heels of recent industry studies that prove significant increases in productivity and retention DURHAM, N.C., Oct. 29, 2020 -- Three years ago, Adwerx signed up @Properties, voted the "Most Innovative Brokerage" in the real estate industry, as its first Enterprise customer. Today, Adwerx counts 25% of the Top 1000 Real Estate firms, and 15% of the top mortgage lenders as adopters of the Adwerx platform. That adoption has come from some of the top brands in each respective industry, including Berkshire Hathaway HomeServices, Prosperity Home Mortgage, and We Insure. The platform provides a turnkey solution to generate brand awareness on the most widely used digital platforms, and is solving some of the biggest advertising challenges in real estate and mortgage. Adwerx has been trusted to power automated, localized, and personalized digital display advertising for real estate agents, loan officers, insurance brokers, and wealth managers since 2013. The company has experienced tremendous growth since implementing its Automation Platform in late 2017 with over 200 enterprises and over 200,000 producers receiving automated digital advertising through Adwerx. Measuring ROI of brand advertising Tracking ROI of branding efforts is notoriously difficult for marketers. The measurable success of the Adwerx Automation Platform was validated earlier this year with studies from the real estate industry's leading consultancy and research companies. Proving that Adwerx's Platform improves productivity, T3 Sixty confirmed that real estate firms who provided the Adwerx Listing Ad Automation Platform to their agents saw a 35% improvement in listings won versus their peers, measured by their year-over-year listing volume increase. The results were analyzed over a two year period and were highly statistically significant. In addition, a research report from REAL Trends revealed that agents who engaged with the Adwerx Platform retained at a significantly higher rate, with brokerages experiencing up to 42% lower agent churn. "We've been told repeatedly by our clients that our service helps their producers win more business, which in turn encourages them to stay with their firm," said Adwerx CEO Jed Carlson. "In our own survey of top firms using listing ad automation, 87% of brokers said that the program helped to recruit and retain agents, while 94% believed the program positively impacted the firm's business, and was a good advertising investment. Now we have successfully quantified the impact this service has on the firms who utilize it." Achieves 100% adoption rate Because the Adwerx Enterprise Platform is fully automated, adoption is baked in. This is revolutionary technology in some industries that have been held back from fully entering the digital age. In mortgage lending, Adwerx is the only solution that automatically provides ads for every mortgage lender at a firm. Plus, producers receive access to a pre-made inventory of custom, personal brand ads through a self-service portal that they can run individually, complementing their automated campaigns. "Adwerx has been adopted by our team incredibly fast," said Ron Wivagg, National Sales Support Manager at Prosperity Home Mortgage. "Our Mortgage Consultants are recognizing that digital is part of the future, and it's critical now more than ever to have a digital presence. We introduce products and services frequently and it takes a long time to get traction, but Adwerx had traction almost immediately." Built-in compliance is managed in the design Adwerx has solved the complex issue of compliance in digital advertising for Mortgage, Insurance and Wealth Management customers by ensuring compliance directly with the brokerage prior to launch, through custom-built ad templates. This means producers at Adwerx-enabled firms can run their own ads without fear of breaking the rules, as brokers have the ability to lock-in ad templates to ensure strict adherence to regulatory requirements and their firm's brand guidelines. "The Adwerx Platform gets a lot of great feedback from our franchisees. They don't have the time or knowledge to set up brand-compliant ads, and then figure out how to run those ads on social media, websites, and especially not on streaming TV platforms," said Chris Pflueger, Chief Development Officer at We Insure. "Adwerx is great because it automates all of this for them, and we hear often that it is the exact solution they were looking for." Digital advertising is a marketing channel that satisfies both leadership and producer objectives by helping individuals scale efficiency and productivity, while also continuing to develop the overall reach of the firm's brand. The Adwerx Enterprise Automation Platform makes digital and streaming TV advertising easy to set up, implement, and track. To learn more about how Adwerx can help firms improve their productivity and increase retention, visit enterprise.adwerx.com. About Adwerx Used by over 25% of the top brokerage firms and over 15% of the top mortgage originators in the U.S., Adwerx delivers personalized, omnichannel brand marketing and automation at enterprise scale. Adwerx customers are able to deliver customized ads programmatically across streaming TV, popular websites, Facebook and Instagram, and mobile apps, while driving growth through digital marketing automation that increases brand visibility, boosts productivity by 35 percent and reduces turnover by 42 percent. Adwerx works across the U.S., Canada, and Australia. Learn more about Brilliantly Simple Digital Advertising at adwerx.com.
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CoreLogic Expands Google Cloud Program
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Irongate Inc. Realtors Expands its Digital Advertising Strategy with the Adwerx Enterprise Automation Platform
Providing Personalized, Local Brand Ads for Every Agent and Listing Irongate Inc. Realtors believes in quality community service and has made a commitment to help its agents stay at the forefront of technology while showcasing the people behind the real estate transactions using fully customized and automated digital brand ads from Adwerx. The Adwerx Enterprise Automation Platform seamlessly generates personalized and company branded digital ads that will fast-track awareness of every new available listing from each of Irongate Inc. Realtors' seven sales offices. Digital ads for new listings launch as soon as properties go on the market. These ads appear on Facebook, popular mobile apps, and across premium websites that consumers and potential home buyers visit on a daily basis, including local and national news outlets. This helps to instill confidence and optimism amongst sellers seeking a swift transaction. Additionally, it automates the work of digital marketing promotions, allowing agents to focus on acquiring new listings and providing enhanced quality client service. The Adwerx Enterprise Automation Platform further boosts awareness through impactful retargeting technology. Once a prospect visits an agent's website, custom branded ads accompany them throughout their online journey, elevating the agent's profile by optimizing visibility – keeping them top of mind with potential clients. Additionally, agents can unlock the power of streaming TV advertising through a branded, self service portal that allows them to purchase additional advertising campaigns on top of the complementary listing and retargeting ads they'll receive through the Adwerx program. "We know that in recent months our prospective buyers and sellers have been spending so much more of their time online," said Steve Brown, President at Irongate Inc. Realtors and past President NAR. "As a result, it is more important than ever to implement a program that puts our agents in front of those prospects. Adwerx provides a simple, yet impactful solution to do this." By implementing the Adwerx Enterprise Automation Platform, Irongate Inc. Realtors is better equipped to attract, develop, and support its real estate professionals with a service that has been proven to boost agent productivity by 35% and lower agent churn by up to 42%. To learn more, visit enterprise.adwerx.com. About Irongate Inc., Realtors Irongate Inc., Realtors is a locally owned real estate brokerage serving the Dayton area since 1975. Irongate Inc., Realtors is Dayton's largest, independently owned Real Estate brokerage with 7 offices and 300+ licensed professionals. About Adwerx Used by over 25% of the top brokerage firms and over 15% of the top mortgage originators in the U.S., Adwerx delivers personalized, omnichannel brand marketing and automation at enterprise scale. Adwerx customers are able to deliver customized ads programmatically across streaming TV, popular websites, Facebook and Instagram, and mobile apps, while driving growth through digital marketing automation that increases brand visibility, boosts productivity by 35 percent and reduces turnover by 42 percent. Adwerx works across the U.S., Canada, and Australia. Learn more about Brilliantly Simple Digital Advertising at adwerx.com. NAR members receive 15% additional impressions on Adwerx campaigns, which can be combined with other eligible discounts. This exclusive benefit is available through the National Association of REALTORS®' REALTOR Benefits® Program.
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Lone Wolf announces strategic investment from Stone Point Capital to accelerate growth
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Realty Executives Partners with RPR to Expand Local Market Knowledge Across the U.S.
RPR and Realty Executives is proud to announce the completion of the Realty Executives Property Expert training series. Realty Executives International partnered with RPR® (Realtors Property Resource), a market data and analytics platform offered through the National Association of REALTORS®, to provide comprehensive training, free of charge, focused on leveraging RPR tools. The tools and strategies covered in the educational course are designed to better position Executives as the local experts in their markets. Each session featured different facets of the real estate journey. As a Realty Executives Property Expert, an agent is prepared to tap into neighborhood statistics, school information, and market activity, ensuring top quality service to home buyers and sellers. This data-driven approach is essential for keeping abreast of changes in the market. Realty Executives International is committed to providing ongoing, timely opportunities for their agents and brokers to grow and expand their real estate knowledge, in order to provide unparalleled customer service. "We've already seen great success from the sessions, just a few weeks after completion," Alysia Heun, Vice President of Realty Executives International, said. "We've seen a 14 percent increase in usage in 30 days, as well as testimonials from Executives who have begun to implement RPR data in their business. The level of participation and engagement throughout the four week course is a true testament to our network's dedication to continued excellence." "Our goal in working with franchisors is to help ensure their brokers and agents realize the greatest value from RPR" said Ray Gronowski, Vice President, Broker & Specialty Services of RPR. "Realty Executives was a great partner in rolling out this series of classes, which focused on how to research and deliver real time data to the client. We focused on how to use the robust platform in everyday business scenarios, and Executives were encouraged to complete the follow up coursework that demonstrated they mastered the skills. We are confident that upon completion of this course, Realty Executives Property Experts will conduct business at a very high level of expertise." To learn more about RPR or upcoming training sessions, contact [email protected] About Realty Executives International Founded in 1965, Realty Executives is one of the largest and most established real estate franchise systems, with over 8,000 agents and 500 offices across the globe. Headquartered in Phoenix, Arizona, the privately held company attracts and retains the most productive, efficient and successful real estate professionals through unparalleled brand, technology, training and concierge services. The Realty Executives network is differentiated by a deep experience and commitment to serving its customers, outperforming other agents in the industry. Realty Executives International is an Outlier company. About Realtors Property Resource® (RPR®) Realtors Property Resource, LLC® (RPR®), a wholly owned subsidiary of the National Association of REALTORS®, is an exclusive online real estate database created to support the core competence of its members. The parcel centric database, covering more than 160 million residential and commercial U.S. properties, provides REALTORS® with the analytical power to help clients make informed decisions while increasing efficiency in the marketplace. For more information about RPR, visit: blog.narrpr.com.
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Unmatched Accuracy, Confidence and Reliability: CoreLogic Launches New Automated Valuation Model
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Chime Technologies and Brokermint Partner to Deliver Integrated End-to-End Operating System for the Real Estate Industry
Deep technology integration provides brokerages with a seamless solution to meet front and back office demands PHOENIX, Oct. 19, 2020 -- Chime Technologies and Brokermint today announced a partnership that will deliver a fully integrated end-to-end operating system for the real estate industry. A leader in back office management software, Brokermint automates and optimizes critical functions such as transaction management as well as commission tracking, accounting, and reporting. In parallel, Chime's award-winning sales acceleration platform handles the "front office" requirements, combining intelligent lead generation capabilities and front-end IDX websites with a powerful CRM system. Underpinned by a deep technical integration, these two best-in-class solutions will come together to deliver a seamless system for brokerages to better manage both back and front-end operations. To learn more, register here for our upcoming November webinar detailing the integration. Brokerages have long been hampered by the myriad of disparate systems used to manage front and back office operations. Efforts to integrate various point solutions are often tedious and expensive forcing brokerages to spend precious time and resources on technology upgrades and maintenance for multiple systems that are still fragmented and inefficient. As competitive pressures continue to mount, brokerages need the ability to easily automate critical functions and drive efficiencies in order to scale and grow. "The necessity to automate in order to scale has been apparent for some time, but Zillow's recent announcement regarding iBuying transactions underscores just how imperative it is for brokerages to up their technology game plan," noted Mike McGowan of Chime. "This integration with Brokermint will enables brokers to seamlessly automate their entire customer and transaction journey, empowering them to capitalize on the benefits of technology while still being central to the transaction." Like Chime, Brokermint has built a platform designed with innovation and growth in mind. By helping brokerages to seamlessly manage all aspects of their back-office tasks from one centralized dashboard, users have access to the analytics and information they need to bolster office efficiency and focus on high-value activities. Likewise, Chime's AI-powered platform integrates all the critical components agents and brokers need on the front end to generate, capture, and nurture leads to close. By coupling these two innovative solutions together through a deep technical integration, both small teams and multi-office brokerages alike will have the competitive advantage needed. "2020 has been a year of unprecedented change for the real estate industry. Brokerages and agents have experienced first-hand what a powerful tool technology can be for them as they fight to not only survive but thrive," commented Sarah Richardson of Tru Realty. "I am thrilled to hear about the coupling of these two innovative systems as it will empower brokers, such as myself, with a comprehensive technology foundation needed to build our business in the months and years ahead." "For years, the industry has been a mix of individual point solutions. Now, with Brokermint consolidating the back-office functions and Chime driving the front-end, you see a true end-to-end solution," added Andrew Chishchevoy of Brokermint. "We're excited to be integrating with a top platform like Chime." To learn more, register for our webinar on Wednesday, November 18th at 10:00 a.m. PST. About Chime Technologies Chime is an all-in-one Sales Acceleration Platform for the real estate industry headquartered in Phoenix, Arizona. Its award-winning productivity suite offers a robust set of features that help real estate professionals and teams of all sizes run and grow their business. Chime Technologies operates as a US subsidiary of Renren, Inc. (RENN). For more information, contact [email protected] or 888-682-4463, or visit www.chime.me.
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Paradym Joins Constellation1, Expanding Its Front Office Suite of Solutions with Additional Marketing Offerings
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zavvie powers John L. Scott Real Estate Instant Purchase Plus+ giving Portland homeowners access to more iBuyer offers
BOULDER, Colo. -- Oct. 14, 2020 -- zavvie, the first end-to-end iBuyer platform for real estate brokerages, is teaming with John L. Scott Real Estate, one of the top 20 residential real estate brands in the nation, to power John L. Scott's new Instant Purchase Plus+ program. Debuting in the Portland, Oregon market first, Instant Purchase Plus+ gives local homeowners access to all-cash offers from iBuyers that are currently purchasing homes in their market. "Tech-savvy Portland homeowners have more choices at their fingertips when considering selling than ever before," said John L. Scott chairman & CEO J. Lennox Scott. "Our suite of programs gives local sellers a range of options, including working with an iBuyer through Instant Purchase Plus+ if it's right for them." Lane Hornung, zavvie co-founder and CEO said, "Homeowners want to work with a trusted local expert when they decide to sell, and they want to see all of their options. By teaming with John L. Scott to create Instant Purchase Plus+, we make sure that John L. Scott broker associates remain at the center of the transaction. They have the tools to help homeowners compare all their options when selling, including accepting an all-cash offer from an iBuyer." iBuyer research shows that 41 percent of all sellers would consider an iBuyer offer. Among the homeowners who would consider an iBuyer offer, 92 percent still want to be represented by a licensed real estate professional. Instant Purchase Plus+ helps Portland homeowners see what it means to sell their home to an iBuyer and sell their home on the open market. After reviewing their selling options, a homeowner can make a decision with maximum confidence, including choosing not to sell, according to John L. Scott. zavvie is the creator of Offer Optimizer™ Suite, which powers the seller options platforms of leading brokerages across America. zavvie is enabling the modern agent to offer clients all options using technology, data, and transparency. zavvie connects real estate agents and their clients to all available selling options with online tools that provide current, reliable, and market-specific data. Homeowners can then make more informed decisions with the assistance of a trusted real estate professional. Currently, the John L. Scott Instant Purchase Plus+ program is available to homeowners in the Portland area and will expand into more markets served by John L. Scott Real Estate as iBuyer companies enter those markets. John L. Scott Real Estate operates over 110 offices with more than 3,000 brokers in Washington, Oregon, Idaho and California. Annually, John L. Scott closes more than 33,000 transactions totaling more than $14 billion in sales volume. More details about John L. Scott's Instant Purchase Plus+ program are available here and on its website at johnlscott.com. About John L. Scott Real Estate John L. Scott Real Estate, led by third-generation Chairman and CEO J. Lennox Scott, has been helping buyers and sellers realize their homeownership dreams since 1931. JLS has over 110 offices with more than 3,000 brokers in Washington, Oregon, Idaho and California. JLS is recognized as one of the top 20 residential real estate brands in the nation. Annually, John L. Scott closes over 33,000 transactions, totaling more than 14 billion dollars in sales volume. In support of the company's core value, Living Life as a Contribution®, the John L. Scott Foundation helped sponsor over 30 events for 20 children's hospitals in 2019, which helped raise over $18 million for children's healthcare. About zavvie zavvie is a technology company that connects agents and homeowners by providing all selling options: iBuyer, Bridge, and Open Market through Offer Optimizer™, a brokerage solution. zavvie gives top brokerages and agents all they need to thrive by serving their clients in today's evolving real estate landscape: easy to use tools, technology, training, marketing, and strategy. Discover more at zavvie.com.
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Latter & Blum Inc. Delivers a Competitive Advantage to Agents with the Adwerx Enterprise Automation Platform
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Transactly Acquires On Target Transactions
St. Louis, Missouri -- Transactly, the leading real estate transaction platform providing tech-enabled transaction coordinators across North America, officially commenced the acquisition of On Target Transactions, a premier real estate transaction coordinator service operating in select markets across the US. On September 1, the two companies officially combined forces to better serve real estate agents, teams, brokerages, and everyone else involved in real estate transactions. The merger is expected to be completed November 1. "Transactly is designed to simplify and streamline real estate transactions. Our proprietary technology helps those we serve – and our Transactly Coordinators – to be more efficient and out-perform industry standards. The acquisition of On Target Transactions allows us to offer an even larger number of experienced Transaction Coordinators across important US Markets like Texas, Colorado and North Carolina where both Transactly and On Target have been thriving," explained Transactly CEO, Bryan Bowles. Transactly has retained all existing On Target staff; and has enrolled the transaction coordinators into their stringent training program to ensure even greater client experiences. Gosia Shierlaw, President of On Target Transactions, has also joined Transactly as their TC Deployment Manager. "I'm thrilled to blend the On Target Transactions team with Transactly. Culturally it is a great fit, and Transactly's proprietary technology and extensive, ongoing, training program is going to help the transaction coordinators provide an unparalleled level of service to our already happy customer base. On Target clients can rest assured that service levels will continue to rise," gleamed Gosia Shierlaw. Transactly has experienced tremendous growth in 2020; and received the prestigious award of selection into the National Association of Realtors REach Class of 2020. The acquisition of On Target Transactions provides the company with an even larger network of experienced real estate transaction professionals to handle the expansion. "We're poised for exponential growth going into 2021 and are very excited to have Gosia and her team at On Target Transactions officially become part of Transactly," praised Bowles. About Transactly Transactly is headquartered in St. Louis, Missouri, and was founded in 2017 by Bryan Bowles. Transactly's mission is to be the platform of choice for the people and companies involved in real estate transactions. Transactly's platform provides the largest team of tech-enabled transaction coordinators in North America.
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Broker Technology Checklist: FREE DOWNLOAD
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Weichert, Realtors The Space Place Selects Adwerx Enterprise to Power Online and Streaming TV Advertising
Hunstville, AL based brokerage steps up commitment to supporting its agents with personalized, local brand ads for every agent and listing Adwerx, one of America's fastest-growing companies four years in a row and preferred digital advertising platform to 25% of top brokerage firms and over 15% of the top mortgage originators in the U.S., announces the latest brokerage firm to join the Adwerx Enterprise Automation Platform: Weichert, Realtors® The Space Place. As part of the program, the firm has leveraged Adwerx's digital advertising automation to seamlessly activate personalized and company branded digital ads that fast-track awareness of each new available listing from their five sales offices. Benefiting both buyers' and sellers' agents, the program also includes a custom retargeting campaign, increasing visibility and maximizing online exposure as personalized ads follow potential clients who have visited the agents' web pages. Plus, agents can target qualified prospects directly with personalized commercials on streaming TV services through a self-service portal, complementing the automated campaigns provided by Weichert, Realtors® The Space Place. Adwerx's Platform makes it easy for both the brokerage and its agents to advertise online by seamlessly creating ads that are: targeted to the right hyperlocal geographic area personalized with the agent's photo and contact information displayed to prospects where they are spending time online reaching consumers who are likely to purchase a home measurable in order to track reach Ads appear on Facebook, Instagram popular mobile apps, and premium websites that consumers and potential home buyers visit on a daily basis. By implementing the Adwerx Enterprise Automation Platform, Weichert, Realtors® The Space Place is better equipped to attract, develop, and support its real estate professionals with a service that has been proven to boost productivity by 35% and lower agent churn by up to 42%. To learn more about the Adwerx Enterprise Automation Platform, visit enterprise.adwerx.com. About Weichert, Realtors® The Space Place Weichert, Realtors® – The Space Place has grown steadily since Brenda Elliott, Broker and CEO, launched the company in 1999. The company specializes in equipping sellers, buyers and relocation management companies with the knowledge to make the best decisions and the service to smooth the process to a successful close. Weichert, Realtors® – The Space Place was honored to receive the prestigious 2019 President's Award given by Weichert Real Estate Affiliates, Inc to the top Weichert companies in the country. The company serves all of Northeast Alabama with four offices and over 150 agents and is headquartered in Huntsville. For more information about Weichert, Realtors® – The Space Place visit WeichertSpacePlace.com or call 256-270-0310. Each Weichert® franchised office is independently owned and operated. About Adwerx Used by over 25% of the top brokerage firms and over 15% of the top mortgage originators in the U.S., Adwerx delivers personalized, omnichannel brand marketing and automation at enterprise scale. Adwerx customers are able to deliver customized ads programmatically across streaming TV, popular websites, Facebook and Instagram, and mobile apps, while driving growth through digital marketing automation that increases brand visibility, boosts productivity by 35 percent and reduces turnover by 42 percent. Adwerx works across the U.S., Canada, and Australia. Learn more about Brilliantly Simple Digital Advertising at adwerx.com. NAR members receive 15% additional impressions on Adwerx campaigns, which can be combined with other eligible discounts. This exclusive benefit is available through the National Association of REALTORS®' REALTOR Benefits® Program.
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Delta Media Upgrades Its Builders and Communities Platform for Real Estate Brokerages
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RESAAS Enters Consumer Lead Market
VANCOUVER, BC, Sept. 29, 2020 - RESAAS Services Inc., a technology platform for the real estate industry, is pleased to announce the launch of Consumer Lead Generation, for the first time bringing prospective customers into the RESAAS platform. RESAAS has successfully secured over one-third market share of real estate agents in the United States, which has over 1,400,000 REALTORS® according to the National Association of REALTORS®. RESAAS is now expanding its award-winning platform to generate valuable consumer leads for RESAAS agents. This strategic advancement extends RESAAS' business-to-business (B2B) platform into a business-to-consumer (B2C) service. On average in the United States, a real estate agent will spend between 50% and 70% of their annual budget on lead-generation and associated top-of-the-funnel costs, according to T3 Sixty, a leading real estate consulting, research and analysis firm. "RESAAS has united real estate agents from all brokerages on a centralized platform. This unprecedented strategy uniquely positions RESAAS to now sell sought-after consumer leads to our active membership of nearly 500,000 RESAAS agents," said Tom Rossiter, CEO of RESAAS. "As with any sales-based profession, real estate agents need consistent lead generation to develop their pipeline of new business. RESAAS will deliver quality leads to our agents globally." RESAAS is positioned to provide a significant volume of consumer leads, having developed powerful Search Engine Optimization (SEO) strategies, yielding high ranking of RESAAS pages on Google and other major search engines. Each listing added to RESAAS by a real estate agent is automatically submitted directly to Google for inclusion in their search results. When a consumer clicks on the link from Google, they will be directed to the RESAAS website. Consumer leads generated will be delivered to RESAAS agents under a paid plan. "Our analytics shows us consumers often search addresses of homes for sale, a behaviour that returns RESAAS pages very high up in Google's ranking," said Sascha Williams, Chief Operations Officer at RESAAS. "Until now, RESAAS was limited to licensed real estate agents. We are excited to open up a Consumer channel, bringing a surge of new leads into our ecosystem for RESAAS agents to benefit from." About RESAAS Services Inc. RESAAS is a technology platform that enables real estate brokerages, franchises and associations to bring real-time communication, new business opportunities and unique data to their agents on a global basis. Visit www.resaas.com for more information.
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Brown Harris Stevens Improves Digital Advertising Strategy with the Adwerx Enterprise Automation Platform
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Coldwell Banker Global Luxury Announces Rebrand
The update gives the marketing program a more flexible mark to use across today's mediums while also aligning with the Coldwell Banker core brand MADISON, N.J., Sept. 16, 2020 -- Coldwell Banker Real Estate LLC, a Realogy brand, today announced the new global look and logo for Coldwell Banker Global Luxury, aligning with the company's 2019 "Project North Star" rebrand. Announced today onstage at the virtual Generation Blue Experience, the refresh marks the next stage of Project North Star, which will continue into 2021. The alignment of the Coldwell Banker Global Luxury program with the new visual identity of the Coldwell Banker brand creates a unified voice in reaching both the mainstream and affluent customer and establishes a modern logo for today's mobile, social and digital marketing environment.To arrive at the new look, Coldwell Banker Global Luxury conducted a global quantitative survey of three potential logos in the top four countries for the program: Spain, France, Italy and the United States. Top terms attributed to the logo were: Modern, Innovative, Unique, Trustworthy, and Stylish. The brand also conducted formal focus groups comprised of group interviews, anonymous surveys, and one-on-one sessions with Luxury Brand Ambassadors across 10 countries, as well as with top agents and brokers from across the Coldwell Banker Global Luxury network. This was to ensure full stakeholder engagement and helped crystalize the findings of the global consumer study. "Research shows consumers closely associate the Coldwell Banker name with luxury real estate – after all, the Coldwell Banker brand sold more $1M+ homes in 2019 than any other national real estate brand," says Craig Hogan, vice president of Luxury at Coldwell Banker Real Estate. "The Coldwell Banker Global Luxury name aligns the power and recognition of the Coldwell Banker brand with legacy in luxury to truly showcase the program for what it is: a leader in delivering excellence, performance and refinement. And with this rebrand, we proudly continue our service with some of the best affiliated agents in the world." "I represent some of the most iconic and luxurious properties and it is essential for my personal brand to be aligned with a company that is recognized worldwide for its professionalism, superior service and reputation. This new branding represents all this and will make a positive impact on my business in my market and around the world. I am proud to serve as a Coldwell Banker Global Luxury Ambassador," says Jade Mills, president, Jade Mills Estates, and the International Ambassador for Coldwell Banker Global Luxury. Coldwell Banker affiliated companies, and their 2,800 offices worldwide, are expected to fully rebrand over the course of the next two years. About Coldwell Banker Global Luxury® The Coldwell Banker Global Luxury® program legacy traces its roots to 1933 and has been a world leader in luxury real estate since. Coldwell Banker Global Luxury Property Specialists are an exclusive group within the Coldwell Banker organization, making up under ten percent of independent sales associates affiliated with the brand worldwide. Coldwell Banker affiliated agents conducted 27,595 transactions of homes priced at $1 million or more in 2019, more than any other national real estate brand. This equates to $144.4 million in sales every day with an average sales price of $1.9 million in this category. Coldwell Banker, the Coldwell Banker logo Coldwell Banker Global Luxury and the Coldwell Banker Global Luxury logo are registered marks owned by Coldwell Banker Real Estate LLC. Each franchise is independently owned and operated. About Realogy Holdings Corp. Realogy Holdings Corp. (NYSE: RLGY) is the leading and most integrated provider of U.S. residential real estate services, encompassing franchise, brokerage, and title and settlement businesses as well as a mortgage joint venture. Realogy's diverse brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, and Sotheby's International Realty®. Using innovative technology, data and marketing products, best-in-class learning and support services, and high-quality lead generation programs, Realogy fuels the productivity of independent sales agents, helping them build stronger businesses and best serve today's consumers. Realogy's affiliated brokerages operate around the world with approximately 187,500 independent sales agents in the United States and more than 130,800 independent sales agents in 114 other countries and territories. Recognized for nine consecutive years as one of the World's Most Ethical Companies, Realogy has also been designated a Great Place to Work and one of Forbes' Best Employers for Diversity. Realogy is headquartered in Madison, New Jersey.
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