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Back At You Announces Product Rebranding and Evolved Product Offering to Support Accelerated Growth and Real Estate Demand
Los Angeles, CA. October 20, 2021 -- Back At You, a leader in real estate technology, has completed an extensive rebranding of its product offerings. The changes are in response to accelerated company growth, evolved software offerings, and overall demand for robust technological solutions within the real estate space. At the heart of the rebranding is a clear segmentation of their industry-leading products: SocialBAY, ClientBAY, and FinancialBAY, which all work to provide brokerages and their agents with a seamless solution for one, or all, of a brokerage's needs. Over the last 11 years, Back At You has solidified its status as the market leader for real estate technology with over 300+ brokerages and 150,000+ agents utilizing the software, over 1,000,000 exclusive buyer and seller leads generated for clients, and over $1 billion commissions processed to agents. This growth reflects the increasing demand for intuitive, robust, and easy-to-use technology for real estate professionals. With the product rebrand, the Company is better able to market and focus on its core products that are designed to position brokerages for long-term success, help them excel with a powerful all-in-one system, or allow clients to individually select their must-have marketing or back-office technology solutions. All products are leaders in their respective categories and, when combined into one solution, provide brokerages with unprecedented functionality making both revenue producers and admins more productive and efficient. "The sheer breadth of technology and innovation we provide to brokerages and agents is unique in our industry. All our product lines, SocialBAY, ClientBAY, and FinancialBAY, are best in class," says Michael Glazer, CEO of Back At You. "Now, with a more segmented product approach, our teams can dedicate themselves to making each product solution smarter, easier to use, and more innovative." To coincide with this rebrand, Back At You has launched an updated website to emphasize its focus on core products, new product identities, and extensive feature offerings. The site can be found at www.BackAtYou.com, which highlights each product solution, its benefits, and extensive features. Visitors can also access real estate rich content through blogs, educational downloadables, and other noteworthy articles researched and curated by a team with deep knowledge of both the technological and real estate industries. About Back At You Back At You is the premier back-office, marketing, website, and CRM technology solution for real estate brokerages. The Company's three products, SocialBAY, ClientBAY, and FinancialBAY, provide all size brokerages and their agents with a seamless marketing, website, CRM, back-office, and all-in-one technology solution. The company's dedication to real estate and technology has earned it awards from the National Association of REALTORS® as one of the top real estate technologies, Inc 5000, Red Herring as a Top 100 technology company in North America and the World, and from Instagram and Facebook as an Official Marketing Partner.
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Redfin Reports One-Third of Homes Find Buyers Within a Week
This represents an uptick in the share of homes selling quickly, which is unexpected for this time of year. New listings fell 8%, and sellers backed off from their record-high asking prices. SEATTLE, Oct. 14, 2021 -- The share of homes selling within one to two weeks is on the rise during a time of year that typically sees the market slow down, according to a new report from Redfin, the technology-powered real estate brokerage. A third of pending sales were under contract within a week, up 2.2 points from a month earlier. During the same period in 2019, this measure fell 0.4 points. The hot market is largely fueled by the ongoing crisis-level supply shortage. Over the past six weeks, active listings of homes for sale have dropped 5.9%, compared to a decline of just 1.6% over the same period in 2019. "During the pandemic, a lot of my sellers were trying to get out of Seattle and take their equity to a lower priced market," said Redfin listing agent David Palmer. "Most sellers who are on the market now are very motivated to move: landlords with vacant homes, families who already upgraded and need to sell their previous homes, couples splitting up. As homebuying demand declines into the fall, I'm only encouraging people who have urgency to sell now. Otherwise, I'm advising them to wait until the new year." Key housing market takeaways for 400+ U.S. metro areas: Unless otherwise noted, this data covers the four-week period ending October 10. Redfin's housing market data goes back through 2012. The median home-sale price increased 13% year over year to $355,600. Asking prices of newly listed homes were up 12% from the same time a year ago to a median of $362,047, down 0.7% from the all-time high set during the previous four-week period ending October 3 as sellers began to back down from the record-high asking prices we saw in September. Asking prices typically increase in September and then begin to decline in October through the end of the year. Pending home sales were up 4% year over year, and up 46% compared to the same period in 2019. Active listings (the number of homes listed for sale at any point during the period) fell 21% from 2020. 46% of homes that went under contract had an accepted offer within the first two weeks on the market, above the 42% rate of a year earlier. 33% of homes that went under contract had an accepted offer within one week of hitting the market, up from 30% during the same period a year earlier. Homes that sold were on the market for a median of 22 days, a full week longer than the all-time low of 15 days seen in late June and July, and down from 32 days a year earlier. 46% of homes sold above list price, up from 34% a year earlier, but the smallest share since April. On average, 5.1% of homes for sale each week had a price drop, up 1.4 percentage points from the same time in 2020, and the highest level since the four-week period ending October 13, 2019. The average sale-to-list price ratio, which measures how close homes are selling to their asking prices, decreased to 100.7%, the lowest level since April. In other words, the average home sold for 0.7% above its asking price. Other leading indicators of homebuying activity: Mortgage purchase applications increased 2% week over week (seasonally adjusted) during the week ending October 8. For the week ending October 7, 30-year mortgage rates fell slightly to 2.99%. From January 1 to October 10, home tours were up 8%, compared to a 27% increase over the same period last year, but about the same rate as 2019, according to home tour technology company ShowingTime. The Redfin Homebuyer Demand Index fell 1 point during the week ending October 10, and was up 7% from a year earlier. View the full report, including charts and methodology, here. About Redfin Redfin is a technology-powered real estate company. We help people find a place to live with brokerage, instant home-buying (iBuying), rentals, lending, title insurance, and renovations services. 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. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than $1 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 6,000 people.
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JBGoodwin offers new iBuyer and Power Buyer programs by zavvie
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MoxiWorks Launches a Sleek Sidekick for Relationship Management
New Dialer and Messenger Service will Help Brokers and Agents Continue to Nurture their Sphere and Create More Leads Seattle, WA (October 12, 2021) -- MoxiWorks, the leading real estate technology platform announced the launch of a new Dialer and Messenger that is now part of their MoxiEngage CRM today. MoxiWorks tools are focused around the importance of sphere-focused selling strategies to generate warm leads, strengthen repeat business, and position agents as pillars within their network. Due to this, they have launched their new Dialer & Messenger to help agents create and nurture leads in an easy, personalized way. "MoxiWorks is a company that knows the true value of sphere-focused selling and we tailor our products to support that methodology," says Jim Smoak, Senior Director of Product Management, MoxiWorks. "That's why we're excited to announce our new Dialer & Messenger, a tool to help agents successfully create leads by honing in on their connections. The Dialer & Messenger will offer an expedited and easy way for agents to keep in touch with the people that they trust, and who trust them." This new Dialer & Messenger is far from the old-school tech brokerages may have used in the past for getting leads. It enables Moxi-powered agents the ability to stay in flow and spend more time creating opportunities to connect with their sphere of influence. MoxiEngage Dialer & Messenger provides agents with the tools to message clients, call and leave voicemails, schedule and send SMS blasts, all while being able to track each touchpoint along the way. The MoxiEngage Dialer features ChoiceID (the ability to call from your own phone number) live answer detection, callback messages, computer audio, advanced voicemail, call recording, and click-to-call. MoxiEngage Messenger features are packed with a dedicated phone number for each user, blast messaging, MMS, message templates, and a mobile app that allows for push notifications to ensure agents do not miss any messages. Each MoxiEngage Dialer & Messenger package will offer different features available for agents to directly purchase. In addition, brokerages will be able to buy a full-feature package to offer to their agents. Once purchased, agents will be able to tailor the features to best suit their needs. For more information on the MoxiEngage Dialer & Messenger and to get a quote on various packages, click here. About MoxiWorks MoxiWorks is a comprehensive open platform system for large residential real estate brokerages that serves over 800 brokerages and 400,000 agents nationwide, accounting for more than 20% of the transactions in the U.S. MoxiWorks' customer retention over the past seven years stands proudly at 97%. 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 100 partners that integrate to create unique brokerage solutions. Find more information at moxiworks.com.
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Matterport Enables Cushman & Wakefield to Digitize Commercial Property Listings Worldwide
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Century 21 Real Estate Opens Path to Brokerage Leadership for Diverse Entrepreneurs with Inclusive Ownership Program
Global Brand Expands its Roster of Diverse-Owned Brokerages with Franchise Sales Program Aimed at Advancing Representation in Ownership MADISON, N.J., Oct. 4, 2021 -- Century 21 Real Estate LLC is furthering its commitment to expanding opportunities in real estate leadership for entrepreneurs of all backgrounds and populations, now offering the industry-first Inclusive Ownership Program. Celebrating its milestone 50th anniversary in 2021, the industry leader is now offering entrepreneurs who represent diverse populations including Women, LGBTQ+, Veterans and Ethnic and Racial Groups the opportunity to grow their business. By affiliating with a global brand that provides access to an innovative productivity platform, world-class marketing, agent learning and coaching, and industry-best quality service ratings, these companies are able to deliver what home buying and selling clients deserve—and demand—an extraordinary real estate experience. Launched in 2020 by parent company, Realogy, the Inclusive Ownership Program offers franchise owners affiliated with the CENTURY 21® Brand business and financial incentives that support growth and productivity, exclusive education and business mentorship opportunities such as a tuition discount to enroll in Realogy's exclusive Ascend: The Executive Leadership ExperienceSM program, diverse market coaching and consulting, discounted brand leadership development experiences, and assistance to attain a Certification by National Minority Supplier Development Council (NMSDC). Franchise owners affiliated with CENTURY21 Brand also receive a complimentary membership and conference registration to an industry partner organization of choice, including the National Association of Real Estate Brokers (NAREB®), the National Association of Hispanic Real Estate Professionals® (NAHREP®), the Asian Real Estate Association of America (AREAA) and the LGBTQ+ Real Estate Alliance. "We believe that representation within the CENTURY21® network should reflect the same diverse communities that we serve," said Michael Miedler, president and CEO of Century 21 Real Estate. "It is not only important for us to recruit an inclusive agent salesforce but to also open a pathway for real estate entrepreneurs representing underserved populations to achieve sustainable success in business ownership. The Inclusive Ownership Program allows us to attract and invest in the most promising leaders and provide them with the resources and access they need to drive growth and deliver extraordinary for their home buying and selling clients." "We are proud to be at the forefront of this innovative Inclusive Ownership Program," said Juan Sanchez, broker owner of CENTURY 21 Bear Facts Realty in Denver, Colorado. "As home ownership becomes a reality for a more diverse population, it's more important than ever that our company and our affiliated agents truly represent the buyers and sellers we serve across the full spectrum. It's smart business and, more importantly, it's the right thing to do. With the power of the CENTURY 21® Brand behind us and access to its breakthrough technology, marketing and learning platforms, we will be able to further elevate the real estate experience for the agents and their clients." Over the past year, the CENTURY 21 Brand has welcomed six new companies via the Inclusive Ownership Program adding to its roster of more than thirty U.S.-based affiliated brokerages owned by veterans, women, Hispanic, African American, Asian-American Pacific Islander and LGBTQ+ industry leaders. This growth in inclusive ownership further reinforces the crucial leadership role diverse entrepreneurs play in a fast-growing industry. The C21® affiliated companies joining the brand as part of this new program include: CENTURY 21 Bear Facts Realty, Denver, CO CENTURY 21 Bridgeway Realty, Syracuse, NY CENTURY 21 Guardian Real Estate Services, Wakefield, RI CENTURY 21 The Avenues, Calhoun, GA CENTURY 21 Sandstone Real Estate Group, Conway, AR CENTURY 21 Rucker Real Estate, Charlotte, NC To qualify for the Inclusive Ownership program, a brokerage must have one or more individuals with majority ownership (51% or more) in at least one of the following segments: Ethnic and Racial (Hispanic/Latino, African American/Black, Asian American Pacific Islander), Women, Lesbian, Gay, Bisexual, Transgender or Veteran. To learn more about the CENTURY 21 value proposition and the Inclusive Ownership opportunities, please go to century21.com/about-us/franchise. About Century 21 Real Estate LLC The approximately 155,000 independent sales professionals in approximately 14,250 offices spanning 86 countries and territories in the CENTURY 21® System live their mission every day: to defy mediocrity and deliver extraordinary experiences. By consistently chasing excellence, giving 121% and always elevating, the CENTURY 21 Brand is helping its affiliated brokers and agents to be the first choice for real estate consumers and industry professionals worldwide.
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Delta Media breaks through tech clutter with new 'Delta Fresh' ads
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LeadingRE Announces Global Sustainability Series
CHICAGO -- Leading Real Estate Companies of the World® (LeadingRE®) has launched The LeadingRE Sustainable Series, a campaign designed to shine a light on the newest sustainable properties, technology, initiatives, policy, and Environmental, Social and Governance (ESG) in the global real estate industry. Each quarter, LeadingRE®, and its global network of 550 member firms in over 70 countries, will focus on a different segment of worldwide real estate and take a closer look at sustainability within, highlighting some of the most forward-thinking environmental features from around the world. LeadingRE has chosen to launch its Sustainable Series following a global coalition for climate neutrality by 2050, in which more than 110 countries have committed to achieve net zero emissions by the middle of the century. The EU Commission also proposed The Green Deal in September 2020 to raise the 2030 greenhouse gas emission reduction target, including emissions and removals, to at least 55% compared to 1990. Many global businesses and groups, including Apple, are also vowing to achieve carbon neutrality by 2030. "We're thrilled to be launching the LeadingRE Sustainable Series to recognize the important role real estate has in helping create a sustainable, low-carbon economy," said Chris Dietz, VP of global operations at LeadingRE®, in a statement. "We want to promote the newest and most exciting properties, initiatives, ideas and businesses making a positive difference for one of the world's most pressing issues. Our aim is to support and educate our member network and the wider real estate world, through knowledge sharing and best practices, helping drive the cause for sustainable real estate," he added. "There is now a global focus on sustainability as a measure of national performance, something that has in the past been assessed in mostly economic terms. The floor area of the global buildings sector is expected to double by 2060," said Jojo Romarx Salas, global research director at LeadingRE®, in a statement. "The importance of a focus on sustainability in our industry is highlighted by the fact that the buildings sector presently consumes more than half of all electricity, for heating, cooling and lighting and 28% of energy-related greenhouse-gas emissions—and it will require an estimated 50% more energy by 2050." The LeadingRE Sustainable Series will be a quarterly campaign, focusing on four different areas of global real estate each year. The first topic will be Sustainable Homes by LeadingRE, including new homes that have been created with sustainability at their core or historic homes that have been retrofitted with exciting new features. "Sustainability is no longer an afterthought in the home-buying process. The green credentials of a home, old or new, will become even more important in the coming years as the world puts the issue of environmentally friendly real estate into sharper focus," added Dietz.
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Adwerx Introduces Customer Relationship Advertising
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Payload Keybox Joins RE/MAX Approved Supplier Program
Payload Keybox, the industry's only single-source platform for all types of real estate payments, has joined the RE/MAX Approved Supplier program to offer digital payment automation to RE/MAX franchises across the United States and Canada. In this age of Digital Transformation, RE/MAX developed RE/MAX Marketplace, a one-stop shop where RE/MAX affiliates can easily find, buy and save on the things needed to grow their business, from yard signs to digital workflow solutions, often at a discount. Prior to the formal addition to the RE/MAX Approved Supplier Program, several RE/MAX offices were invited to participate in a pilot program for feedback around Keybox's many payment solutions, including Earnest Money Deposits (EMD), Agent invoicing, commission disbursements, Title payments, and different rental payments. "Keybox's ability to automate all different types of payments, through integrations with many of the systems our brokers and agents use, make them a great addition to the RE/MAX Marketplace," said Joey Glenn, RE/MAX Director, Strategic Alliances. "We're thrilled to add Payload and its game-changing Keybox solution to our Approved Supplier Program." RE/MAX Revealty of Columbus, OH uses Keybox's turnkey API design to integrate directly with their back office platform (broker ez) for both EMD's and Agent Fee payments. Earnest Money collection is automated, and for Agent Fees, agents take advantage of auto-pay through their preferred methods of payment whether it be ACH, credit or debit card, Google Pay® or Apple Pay®. "Payload Keybox has completely automated our Earnest Money and Agent Fee collection process. The workflow couldn't be easier for our agents and homebuyers," says Chris Harpster, Owner of RE/MAX Revealty. "Its direct integration with our back office system has made reconciliation a breeze for our admin team." A key advantage for Keybox users is the ability to customize the payment workflow experience from start to finish. Aside from eliminating the inefficiencies and security risks associated with manual payments, such as checks and wires, Keybox is designed to 'plug-in' to the current technology landscape, minimizing learning curves, encouraging user adoption, and automating back end reconciliation. John Mangas, owner of RE/MAX Preferred Associates in Toledo, OH, piloted Keybox's DotLoop® integration, where agents can have their homebuyers pay their Earnest Money Deposit directly to their favorite Title partners. "Our agents love the DotLoop® integration and the ability to have Earnest Money payments sent directly to their favorite Title companies," says Mangas. "Homebuyers really appreciate the simple 1-step payment, it's been a huge convenience-add on the front end of the homebuying experience!" Louisville Title is connected through RE/MAX's DotLoop® integration and also uses Keybox's website embedded experience. Tori Crowell, Owner of Louisville Title comments, "We've been using Payload with our clients for over a year now and what a difference it makes! Clients can deposit their EMD at their convenience 24/7 without hassling with a check or certified funds. The process is smooth and simple for everyone. The team at Payload is professional and easy to work with!" Payload Keybox recently attended the RE/MAX 2021Broker Owner Conference in Austin, TX where broker/owners affiliated with the balloon convened for networking and education. "It was so great to finally meet RE/MAX broker/owners, and integration partners, in person," says Zach Jacob, VP of Partnerships. "We couldn't be more excited to be part of such a special culture, and look forward to helping more franchise owners simplify their payments." About Payload Payload is a powerfully simple and secure, yet robust, financial technology (fintech) platform built to securely process ACH, card, and real-time payments. Payload's proprietary platform is a developer-friendly technology stack that simplifies integration effort and minimizes card data security exposure. It's dead-simple for developers with the sophistication for businesses of all sizes. Keybox is Payload's real estate specific solution, currently digitizing and automating thousands of Earnest Money Deposits and other real estate payment types per month for Brokerage, Title, and Mortgage companies throughout the United States and Canada. Payload Keybox has passed the payment industry's most rigorous security and compliance tests, eliminating these risks for both you and your home buyers. Payload was founded by two fintech entrepreneurs with over 20 years' experience successfully building fintech & proptech platforms. Payload is headquartered in Cincinnati with offices in New York City. For more information, contact Zach Jacob at [email protected], or visit keybox.payload.co
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Constellation1 Launches New Real Estate Commissions Management Solution
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McEnearney launches new iBuyer and Power Buyer programs by zavvie
"The McEnearney Advantage" offers all selling options to local homeowners Alexandria, VA - Sept 14, 2021 -- Most sellers are unaware of all the possible paths available today to sell their home and need guidance around which direction to take, according to McEnearney Associates. With most homes still selling above asking price, local homeowners are looking at the best way to maximize their investment when it's time to sell. To help, McEnearney Associates, the prominent real estate firm serving the Washington metro region, is launching The McEnearney Advantage, powered by zavvie. Sellers can compare and choose between an instant cash offer from an iBuyer, a buy-before you sell option from a Power Buyer, or list their home on the open market to maximize their sales price and profit. The McEnearney Advantage offers local homeowners "the most ways to sell a home" throughout the metro D.C. area using new technology from zavvie to help agents showcase all selling options while providing trusted guidance to sellers. "Innovative firms are offering homeowners more choices than ever," said David Howell, EVP & CIO of McEnearney Associates. "iBuyers can provide sellers with quick, all-cash offers. Power Buyers can help sellers find their next home before they sell their current one. Or a seller may choose to take a traditional path by listing and selling on the open market. "It all begins online but still includes the assistance of a trusted McEnearney Associate, who can provide the personal guidance and expertise sellers want and need." Howell notes that because homes are still typically selling for more than their list price, homeowners should look at all their options to find the one that's the best fit for them. "We have guided our clients through tens of thousands of real estate transactions throughout the D.C. metro region for over 40 years," Howell said. "We want to make sure our clients have the service excellence, hyperlocal expertise, powerful data insights, innovative technology and cutting-edge marketing to help them make the best possible decisions." With The McEnearney Advantage, homeowners work directly with a McEnearney Associate to determine which sales path makes the most sense for them. For example, an all-cash instant offer from an iBuyer requires properties in good condition and within a limited price range. Working with a Power Buyer to buy their next home before they sell their current one gives sellers more control over their moving timeline. McEnearney Associates also help homeowners sell on the open market — still the most popular choice because it typically results in the highest sales price and the greatest profit. "McEnearney is long renowned for its market leadership and passionate commitment to clients in the Washington Metro Area," said Lane Hornung, zavvie co-founder and CEO. "By creating The McEnearney Advantage, they are once making certain their clients have access to all the latest options for selling their home." Access to The McEnearney Advantage is available through any McEnearney Associate. Learn more here and at McEnearney.com. About McEnearney Associates McEnearney Associates is the prominent real estate firm serving the Washington metro region. A full-service brokerage with over 40 years of success, McEnearney offers seller and buyer representation, property management, commercial representation, and relocation services. Its network of more than 360 Associates in eleven offices represents all areas within the metro region. Globally, McEnearney is part of an exclusive network of 500 of the market-leading real estate firms in the world, hand-selected as the regional luxury affiliate through its global network. This partnership gives McEnearney the ability to connect buyers and sellers around the globe. Learn more at McEnearney.com. About zavvie Zavvie is a brokerage-branded marketplace that connects broker-agents and their clients with Verified Buyers on new ways to buy and sell homes while keeping agents at the center of the transaction. Over 60,000 real estate agents in 47 states leverage zavvie's platform to serve their clients better. 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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Redfin Report Finds Most Affordable Locations for Teachers to Buy a Home
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New eXp Realty Study Shows a Large Majority of Consumers Believe Owning a Home Is More Important Because of the Pandemic
People Are Saving More and Willing to Give Up More to Buy a Home BELLINGHAM, Wash. - Aug. 26, 2021 -- A new study from eXp Realty and The Center for Generational Kinetics, Emerging Real Estate Trends 2021 National Study, reveals current trends in the homebuying process and surprising statistics that illustrate what is important to homebuyers. According to the national study, 73% of survey respondents say owning a home is more important now because of the pandemic, and 80% would give up gourmet coffee or dining out for a year to be able to buy a new or better house. This is especially true for millennial homeowners and homebuyers – the largest segment of homebuyers among all age groups – as 80% of millennials say that owning a home is now more important to them than before the pandemic, a change in importance that is significantly more than older generations. More than three-quarters (77%) of younger millennials (26-34) have a weekly, monthly or yearly savings goal, more than any other generation, and 64% of older millennials (35-44) say they are saving more since the start of the COVID-19 pandemic, again more than any other generation. The findings are part of the Emerging Real Estate Trends 2021 National Study that surveyed more than 2,000 people who plan to buy or sell a home in the next year or who have bought a home in the last year. According to the study: Real estate professionals, especially "tech-savvy" agents, combined with digital resources are key in the homebuying experience. 86% say real estate agents are important or very important to the homebuying process. 61% of new homeowners and shoppers are more likely to ask about a real estate agent's technology resources and tools compared to before the pandemic, and the vast majority of respondents say having a "tech-savvy" agent is important or very important across all areas of the homebuying process including searching for and finding the right home (86%), understanding the housing market (85%), negotiating the best price and terms (84%) and understanding one's financial options (83%). 40% of all new homeowners and homebuyers, and almost half (48%) of millennials reported they were likely to buy or sell a home without any in-person visits. 71% are comfortable buying a home completely online (utilizing a mix of technology such as email, Zoom, video calls, etc.). Older millennials place a greater importance on buying a house versus paying off other debt and seek a new path to purchase. 65% of older millennials (35-44) say buying a house or paying off a house is more important to them than paying off other debt they may have. Older millennials feel more comfortable than other generations meeting with their real estate agent in non-traditional settings including in co-working office spaces, at a coffee shop or restaurant, or virtually via video conference. 51% of this same group say real estate agents should be required to make all of their services virtual so they don't have to meet in-person. Homeownership by age 40 is an essential goal, and additional costs are top of mind. 87% of respondents say buying a house is a financially smart decision and that people should be homeowners or should be trying to buy a home by age 40. When it comes to buying and owning their own home, 79% say they are most concerned with property taxes, followed by overpaying (77%) and home maintenance and repair costs (76%). When asked what is important in shopping for a new home, 91% cited having a good credit score, 90% said finding the desired style or size house, and 85% cited low interest rates as important factors. "It's encouraging to see the level of commitment, especially savings habits, among people who want to own their own home," said Jason Gesing, CEO of eXp Realty. "The trends and priorities revealed in this study show that the American dream of homeownership is alive and well. And it's clear that homebuyers still very much want a real estate agent – and ideally a tech-savvy agent – to guide them through the homebuying process. Even with more virtual options at our fingertips, a good real estate agent is key for consumers." More findings and the complete study results can be found at Emerging Real Estate Trends Report | eXp Realty. eXp Realty is owned by eXp World Holdings, Inc. (Nasdaq: EXPI) and is one of the fastest-growing residential and commercial real estate companies in the world. The Center for Generational Kinetics is a leading research and strategy firm focusing on the unique characteristics, differences and consumer behavior among various generations. 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 62,000 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 The Center for Generational Kinetics The Center for Generational Kinetics, LLC (CGK) is a global research and strategy firm based in Austin, Texas. CGK's focus is leading original research that uncovers important insights into rapidly emerging consumer, employee and technology trends. CGK's PhD-led research team has worked with more than 700 clients around the world. Its team of experts have been featured as guests on over 200 television interviews. For more information, visit GenHQ.com.
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Lone Wolf acquires Propertybase to complete real estate's ultimate technology platform for agents and brokers
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Homebuyer Bidding-War Rate Drops to Lowest Level Since January
July's slowdown comes amid a broader cooling in the housing market, which is being driven by an increase in supply. SEATTLE, Aug. 16, 2021 -- In July, 60.1% of home offers written by Redfin agents faced competition, down from a revised rate of 66.5% in June and a pandemic peak of 74.1% in April, according to a new report from Redfin, the technology-powered real estate brokerage. While July's bidding-war rate was the lowest since January, it was still higher than the 57.9% bidding-war rate we saw in July 2020, when the housing market was recovering following a shutdown caused by pandemic restrictions. Homebuying conditions have been improving this summer following months of fierce competition and soaring prices that were driven by an intensifying housing shortage, a pandemic moving spree made possible by remote work and historically low mortgage rates. Home prices are stabilizing amid an increase in housing supply. Increased supply gives buyers more options to choose from, which helps reduce competition. It's also typical for competition to ease in the summer following the spring homebuying season, so seasonality is another factor at play. "Competition has started to slow in the last three weeks. We're now seeing five to eight offers on homes instead of 25, and they're coming in $5,000 to $10,000 above the listing price instead of $50,000 to $60,000," said Scott Mercer, a Redfin real estate agent in Sacramento, CA. "Buyers are pushing back. They've even started including appraisal contingencies again and making requests for repairs—things that were pretty much unheard of last year." Fort Collins and Orlando Have the Highest Bidding-War Rates Fort Collins, CO—a college town and the state's fourth-most-populous city—had the highest bidding-war rate of the 47 U.S. metropolitan areas in this analysis, with 77.3% of offers written by Redfin agents facing competition in July. Next came Orlando, FL, at 77%, and Nashville, TN, at 74.6%. Honolulu, HI and Colorado Springs, CO rounded out the top five, with bidding-war rates of 74.1% and 73.2%, respectively. Sacramento, CA came in sixth place, with a bidding-war rate of 72.9%, down from 77.2% in June. "A slowdown in the migration of tech workers from the Bay Area is the biggest factor driving the drop in competition in Sacramento," Mercer said. "Sacramento exploded in popularity among remote workers during the pandemic. People coming from San Francisco were like kids in a candy store here because home prices were so inexpensive in comparison. But we're no longer seeing as big of an influx of those folks, likely because families can finally travel again and employers are asking people to come back to the office. It will be interesting to see if migration to Sacramento rebounds if the Covid situation continues to worsen." Sacramento was still the third-most-popular migration destination in the second quarter. That's based on net inflow, a measure of how many more Redfin.com home searchers looked to move into a metro than leave. Nationally, migration did slow slightly: 31.1% of Redfin.com users looked to move to a different metro in the second quarter, down from 31.5% a quarter earlier. View the full report, including charts and methodology, here. About Redfin Redfin is a technology-powered real estate company. We help people find a place to live with brokerage, instant home-buying (iBuying), rentals, lending, title insurance, and renovations services. 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. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than $1 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 6,000 people.
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Rocket Homes Combines Every Aspect of Home Buying and Selling into One Simple, Customizable Platform
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Adwerx introduces new format for real estate ads that increases consumer engagement over 50%
New motion ads help real estate brokerages win more listings and retain their agents in highly competitive technology race In today's increasingly crowded digital environment, advertisers need to find new ways to stand apart from their competition and capture the attention of consumers. Adwerx, an industry leader in digital advertising automation, has made this easier for their real estate customers with the launch of Adwerx Motion. This new feature allows for display advertising to be animated using HTML5 technology, an ad type proven to drive higher engagement and improved click-through rates. Adwerx Motion combines the effectiveness of targeting listing ads to specific individuals who have demonstrated interest in buying real estate with the power of motion to create content that is seen by more prospective buyers, increasing the visibility of each listing while helping real estate agents drive an increased number of referrals from happy clients. The feature was designed with many use cases in mind, including businesses outside the real estate industry that want to help their producers build their brands through digital advertising to win more business. Soon, Adwerx Motion will be available across all of Adwerx's automated advertising programs, giving accessibility to any enterprise that wishes to enhance its display advertising. "The power of motion in online listing advertising cannot be understated, as it simultaneously drives dramatically increased performance while at the same time helping firms land future deals thanks to increased seller satisfaction," says Jed Carlson, CEO of Adwerx. "Until now, this type of display advertising was not available in the real estate industry. The internet is becoming increasingly congested with messaging, leaving advertisers with the increased need to find creative ways to drive higher engagement and influence." "We've been working with Adwerx for over 3 years, and what I've been most impressed with is their constant innovation," said Kirsten Faverin, Marketing Manager at CIR REALTY. "The ability to upgrade our automated listing campaigns to a motion design creates another opportunity for our agents to impress their sellers and win the listing presentation. With today's aggressive market, Adwerx consistently helps us get a leg up locally, enabling us to provide value to our agents by helping them win in a highly competitive listing environment." Adwerx Motion is now available to any current or future real estate broker who automates their listing advertising with Adwerx, and will soon be available to any company in any industry that automates their advertising through Adwerx. Learn more at enterprise.adwerx.com/motion-for-listings. About Adwerx Adwerx delivers Advertising Automation as a Service for over 200 enterprises and over 250,000 individual customers. Always at the forefront of digital advertising best practices, Adwerx specializes in providing personalized advertising at scale for distributed sales teams across real estate, mortgage, wealth management, financial services, and beyond. Their ad templates are created using their unique FaceForwardTM advertising methodology, an approach to advertising that puts the company's local salesperson on every ad, and is based on the psychological principles of trust and empathy that drive consumer behavior. Using Adwerx, customers deliver these customized ads programmatically across streaming TV, popular websites, Facebook and Instagram, and mobile apps, while driving growth through digital advertising automation that increases brand visibility, boosts productivity by 15%, and reduces turnover by 42%. Learn more at adwerx.com.
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Redfin Publishes Data from ClimateCheck to Help Consumers Understand the Risk for Fire, Heat, Drought and Storms Over a 30-Year Mortgage
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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
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Delta Media triples staff in last 36 months as 2021 growth surge will result in doubling its workforce in 2022
Canton, Ohio - July 15, 2021 -- As US home prices and sales continue their record-pace, the real estate tech leader Delta Media Group keeps up by growing its staff by 300 percent in just 36 months. At its current business growth rate, Delta Media will need to double its workforce within the next 12 months, reports the Canton, Ohio-based firm. "Once we complete our current hiring round, we will have grown from less than 20 team members to 65," said Michael Minard, CEO and owner of Delta Media, one of the most established and largest broker technology solutions providers. Minard attributes record business growth directly to an "unexpected consequence" of COVID-19. "The pandemic rapidly accelerated real estate agent adoption of technology," Minard explained, which is now a crucial part of their daily workflow. "Technology once coveted by top producers – CRM, SEO driven content, automated drip marketing programs, instant social media posts – are now the mainstay of nearly every active agent we serve," he added. At the end of last year, Delta Media reported its real estate brokerage sales jumped 53% year-over-year, with its primary customer base of real estate agents growing 30%. Its record-growth pace continues in 2021 as Delta brokerage sales have soared 84% from 2019. "Our activity looks more like what you would expect from a startup than a company responsible for launching the first online property search in 1994," said Minard. Known for its industry-leading, all-in-one DeltaNET 6 technology, which includes real estate's easiest to use CRM and powers many of the best performing broker websites, Delta Media expects to continue its hiring spree well into next year. At its current business growth rate, Delta will need to double its workforce. In addition to adding new brokerage clients, Minard said Delta Media expects to benefit from its software development efforts significantly, noting it recently entered the showing software space with the launch of Local Showings by Delta Media. "The core of our success will continue to come from the expansion of DeltaNET 6, which we believe helps solve many of the biggest problems most brokerages face," Minard said. He notes DeltaNET 6 offers brokerages instant interoperability – the ability for all agent core CRM and marketing technology to work seamlessly together, with data services based on Real Estate Standards Organization (RESO) standards. "It’s said that in business, timing is everything," Minard said. "At the time, our investment of more than 40,000 development hours and over $30 million in hardware and software to create DeltaNET 6 and launch it at the onset of the pandemic may have seemed like bad timing. Looking back now, by offering one platform that delivers, at the best price, nearly everything a brokerage needs to help their agents market themselves and their listings positioned us for record sales last year, this year, and into the future." More information about DeltaNET 6 and its new Local Showings offering can be found at deltamediagroup.com and localshowings.com. About Delta Media Group Delta Media Group, Inc., located in Canton, Ohio, is a leading and trusted technology partner for many top real estate brands. Creator of DeltaNET 6 and the new Local Showings app and platform, Delta offers real estate's most advanced all-in-one digital marketing, CRM, 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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Sibcy Cline launches new iBuyer and modern Bridge programs by zavvie
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eXp Commercial to Host Virtual Commercial Real Estate Symposium
BELLINGHAM, Wash. - June 29, 2021 -- eXp Commercial, a division of eXp World Holdings, today announced it will host its quarterly Commercial Real Estate Symposium July 26-30, which features a three-day certification program facilitated by the National Commercial Real Estate Association (NCREA). The event, including the NCREA certification, is free and will be held virtually in eXp World, eXp's 3D technology platform created by Virbela. The Commercial Real Estate Symposium connects CEOs, presidents, owners and CRE leaders with top agents and brokers to drive innovation in the commercial industry. In addition, it provides new and existing commercial real estate agents with training and resources to improve productivity, enhance marketing expertise and increase successful outcomes. The NCREA designation course provides agents with certification for commercial real estate fundamentals, how to prospect and stand out and the NCREA patented GRID system — a lead-generation program. The event will also feature a panel of powerhouse women in commercial real estate, including top performing women from Sabre Advisors, Rocket City Commercial and Aberdeen Advisors who have forged a path in the industry. Additional symposium sessions include: Integrating technology and database marketing Becoming an influencer in the commercial real estate space Expanding consulting and advisor capabilities How to find, screen and work with investors Understanding various types of ROI measurement "We're seeing more and more interest in eXp Commercial not only from seasoned and experienced commercial agents, but also from residential real estate agents looking to expand their careers into the commercial field," said James Huang, president for eXp Commercial. "The commercial real estate landscape has changed dramatically as a result of the pandemic, and this event helps agents navigate the new normal and sharpen their skills to be successful within the current and coming realities of commercial real estate." Through the company's unique financial model, eXp Commercial offers commercial real estate agents compelling incentives, including stock awards and one of the most competitive commission packages in the real estate industry. eXp Commercial agents and eXp Realty agents are able to collaborate for referrals, leverage proprietary marketing resources and scale their business using the company's advanced, all-virtual technology platform. eXp Commercial currently operates in 48 U.S. states. Admittance to the free, virtual event is limited, and those interested can register at expcommercial.com/event. More information about eXp Commercial can be found at expcommercial.com. 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 57,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain and Israel, and continues to scale internationally. eXp Commercial operates in 48 states. 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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HGTV Joins Forces with LeadingRE and Luxury Portfolio for the HGTV Ultimate House Hunt 2021
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ATTOM Acquires GeoData Plus, Continuing Its Mission to Increase Real Estate Transparency
Enabling Access to Detailed Property Reports, Valuable Insights and Prospecting Tools; Acquisition Further Solidifies ATTOM's Position as The One-Stop Shop for Premium Property Data IRVINE, Calif. - July 7, 2021 -- ATTOM, curator of the nation's premier property database, today announced it has acquired GeoData Plus, the leading application for in-depth property research, valuation, and prospecting tools. "ATTOM remains focused on providing our customers with the most comprehensive property data available, while delivering data-driven critical insights and analytics-ready property data solutions addressing a wide range of business needs," said Rob Barber, CEO at ATTOM. "This acquisition further enhances our value proposition for our customers – and the entire marketplace – by enabling users to obtain in-depth property reports and valuable information for a more accurate property analysis. We are excited to continue our rapid growth, and our mission of increasing real estate transparency." The strategic acquisition of GeoData Plus will provide customers with greater insight into the marketplace to make more informed and educated decisions. GeoData Plus has served as a trusted source for appraisers, real estate professionals, lenders and more, in providing accurate valuations, comparable sales and public record data. With this acquisition, ATTOM will continue GeoData Plus's commitment to servicing various industries in the real estate marketplace, further solidifying ATTOM's unique position as the one-stop shop for premium property data fueling innovation. Click here to view ATTOM's Table of Data Elements "The synergy between our two companies further enhances and empowers our combined capabilities in the real estate market," said Erik Wind, President of GeoData Plus. "Our companies have very different strengths, but incredibly aligned goals to bring transparency and convenience to real estate transactions. I am thrilled about the positive impact this acquisition will have on the customers of GeoData Plus, ATTOM, and the overall real estate market." Building upon an already existing partnership of sourcing property data from ATTOM, the application includes detailed property reports with features such as sales comps, liens, violations, property photographs, digital maps, zoning maps, aerial photographs, integration with appraisal software and more. The collaboration of the two companies will further strengthen ATTOM's competitive positioning in the enterprise data licensing marketplace, the consumer, and the investor real estate search market. 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 real estate 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. About GeoData Plus Launched in 2000, GeoData Plus is the nation's largest property database, offering access to detailed property reports, valuation, and prospecting tools. Appraisers, real estate professionals, lenders, and others depend on GeoData Plus for in-depth property research, uncovering details such as property ownership, characteristics, mortgage data, sales comps and more. Powered by ATTOM, the leading provider of comprehensive property data for more than 155 million U.S. properties, GeoData Plus arms real estate professionals with property insights and customizable tools for a more accurate property analysis. Berkery Noyes served as exclusive financial advisor to GeoData Plus.
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CoreLogic Announces Acquisition of ClosingCorp
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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
Nashville, TN (June 29th, 2021) -- After years of aggregating behavioral data from homebuyers and homesellers at the largest real estate brokerages in the country, Buyside is proud to announce the launch of their expansion into core and ancillary services by focusing on the homeowner. By the time the average US homeowner retires, it's often stated that 83% of their wealth will come from their real estate's equity, however, the challenge is most homeowners don't consider their home an asset. Buyside's new feature enables the millions of homeowners who are currently receiving a Home Valuation Report from Buyside, to now see a personalized Home Equity Dashboard. "According to NAR over 69% of buyers have a home to sell, so really homeowners represent the earliest buyer. Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home's equity so homeowners can now truly view their home as an asset. This positions real estate agents and LOs as financial advisors and knowledge brokers in their local markets – and in a small way we believe it's helping improve home financial literacy across the country," says Charles J. Williams IV, CEO, Buyside. The new features not only answer what someone's home is worth, it also presents estimates of how much equity the homeowners have, ideas and tips of what they can do with that equity, and how they can get pre-approved to tap into their equity. Many existing Buyside clients have already begun to roll out this new enhancement and have also brought in their mortgage partners into the partnership to drive retention, referrals, and efficient lead generation. "It's always great to see RandD investments coming to life and especially so when it has such a large impact for our clients business" added Williams. "We've recognized the need to help educate homeowners and in turn help our clients and their other businesses who hover around the transaction such as mortgage, insurance, and title. After years of aggregating billions of behavioral signals on consumers about to make the biggest transaction of their life, we are now expanding to support real estate core and ancillary services as they look to improve relationships, personalization, and retention." Buyside has more product development underway with additional features launching in Q3 such as predictive intelligence to identify who is going to transact next, based upon their behaviors and similar journeys others have taken in the past. Early pilots have shown Buyside's predictions to be 5x better than other published approaches. About Buyside Buyside is a data analytics and marketing company delivering more revenue opportunities to real estate brokers and their core services by collecting and analyzing real estate consumer behavior. We use proprietary machine learning and Artificial Intelligence to better understand consumer intent and help companies target the right person at the right time. For more information, visit getbuyside.com or email [email protected] In 2020, Buyside clients closed close to $20 Billion in sales through Buyside, averaging over a 3000% ROI. Having recently passed the $1 Trillion in sales opportunities run through Buyside's Home Valuation Pages, and currently supporting over 80 enterprise-sized real estate brokerages including Howard Hanna, Baird and Warner, Douglas Elliman, and Berkshire Hathaway HomeServices, and many others, Buyside is continuing their growth by going into other verticals.
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iBuyer Home Purchases Inch Back Toward Pre-Pandemic Levels
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LeadingRE Adds Ribbon to Solutions Group Program of Preferred Providers
CHICAGO -- June 22, 2021 -- Leading Real Estate Companies of the World® has named Ribbon to its Solutions Group, a collection of preferred business resources for the network of 550 leading independent real estate firms with 150,000 agents. Ribbon offers Cash-powered buying solutions, selling solutions and digital workflow software for agents and their clients to make homeownership achievable, no matter the buyer situation. Ribbon's tools facilitate cash offers, eliminate contingencies, and provide appraisal protection so that closing becomes faster and more secure. Ribbon currently operates in North Carolina, South Carolina, Georgia, Tennessee and is expanding quickly to additional states, including Florida, where agents can sign up for waitlists in Tampa and Orlando. "Ribbon's suite of tools give agents an edge in helping clients achieve successful transactions. Listing agents can receive and compare all offers in one place and easily manage multiple offers. Buyers agents can write cash offers with no contingencies – all things that are powerful advantages in today's competitive market," said LeadingRE Vice President, Sales/Partnerships Jeff Kennedy. Ribbon Co-Founder & CTO Wei Gan welcomes the opportunity to introduce the company's solutions to the LeadingRE network. "At Ribbon, we believe in empowering the real estate ecosystem with the best technology and financial products. We are deeply aligned with LeadingRE's approach to empower the best regional and local brokerages to grow their businesses and help their communities. It is more difficult than ever for agents, brokers, and homebuyers to win the home they love in the face of huge institutional demand competing for homes." "We're thrilled to be part of the LeadingRE community and powering the LeadingRE community with RibbonCash Offers and our technology platform," Gan said. Learn more about Ribbon at ribbonhome.com. Learn more about Leading Real Estate Companies of the World® at LeadingRE.com. About Ribbon Founded in 2017 in New York and Charlotte, Ribbon is on a mission to make homeownership achievable. Ribbon allows everyday families to compete on a level playing field with high net worth individuals and institutional buyers by upgrading their offers to winning RibbonCash Offers. As the leading real estate technology platform, Ribbon empowers agents, brokerages, and lenders to create a world-class experience for home buyers and sellers through powerful financial products and digital workflow software. About Leading Real Estate Companies of the World® Leading Real Estate Companies of the World® is a selective global community of the highest quality independent residential real estate companies, with 550 companies and 150,000 sales associates in 70 countries. Network members generate over 1.3 million transactions annually. LeadingRE exists to make its members better by connecting them to opportunities and people around the globe, supporting them with an international referral network, professional development programs, unique events and connections to people and opportunities worldwide.
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TourZazz Leads the Interoperability Charge in Real Estate Technology
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NAR's Third Annual iOi Summit Pitch Battle Competition Slated for August
WASHINGTON (June 14, 2021) -- The National Association of Realtors® announced today that its "Pitch Battle" competition will be held as part of the third annual Innovation, Opportunity & Investment (iOi) Summit on August 17 and 18, in Dallas, Texas. After the pandemic forced the cancellation of last year's event, NAR is gearing up for the third installation of the iOi Summit, which will gather real estate practitioners, technologists and investors from across the country to share insights and unveil cutting-edge real estate products and ideas. NAR's venture capital arm, Second Century Ventures, will host the Pitch Battle Competition, offering a dynamic opportunity for real estate technology startups to showcase their innovation. "Attendance at iOi is essential for any industry architect or rising entrepreneur that's seeking to develop innovative solutions for the real estate marketplace," said NAR CEO Bob Goldberg. "You're not just a part of the conversation here, you also influence the discussion and help shape how commercial and residential real estate will move forward." The Pitch Battle is a feature element of the iOi Summit, helping catapult new property technology companies into the real estate space and giving attendees a front row seat to witness innovative ideas of the future. During a live, in-person product demonstration and while addressing rapid fire questions and critiques from judges, Pitch Battle contestants will be tasked with making a compelling case about a new tech innovation or service that is intended to improve the industry. The winner will be awarded $15,000, hoist the official Pitch Battle trophy, secure a booth at the 2021 Realtors® Conference & Expo, and have an exclusive opportunity to confer with the Second Century Ventures executive team. The Pitch Battle winner will also be featured in an upcoming edition of REALTOR® Magazine and have their innovation showcased by RISMedia. The most recent Pitch Battle winner, Curbio – whose creation allows agents to drive return on investment for sellers through presale renovation – encourages others to sign-up with their inventions. "If you are considering applying for the 2021 Pitch Battle, just go for it," said Curbio CEO, Rick Rudman. "Give it everything you got; whether you win or lose, you are in good company." BoxBrownie.com – Pitch Battle's first-year winner – agreed. "Everything about iOi's Pitch Battle was nothing short of fantastic," said CEO and Cofounder Mel Myers. "The iOi network provided us with the opportunity to increase brand awareness through word of mouth." NAR is accepting Pitch Battle applications from companies that: have a focus on and understand the dynamics of innovation in the real estate tech space, are entrepreneurs who strategically seek out opportunities to rethink current products and processes, and capture and respond to changes and signals in their industry by committing to continuous systematic learning. Those interested in competing can apply here prior to the July 9 deadline. The National Association of Realtors® is America's largest trade association, representing more than 1.4 million members involved in all aspects of the residential and commercial real estate industries.
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ATTOM Unveils Innovative Cloud-Based Platform Offering Instant and Direct Access to Its Data
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Lone Wolf Assembles Dream Team of Real Estate Veterans, Leaders and Innovators
Leadership changes and additions signal deep commitment to keeping real estate agents, brokers, MLSs, and associations at the forefront of technology CAMBRIDGE, ON and DALLAS, TX - Jun 2, 2021 -- Lone Wolf Technologies ("Lone Wolf"), the North American leader in residential real estate technology, is excited to announce it has added several prominent real estate veterans, leaders, and innovators to the organization, including: Greg Robertson, co-founder and CEO of W+R Studios, author, and thought leader behind Vendor Alley, is now Lone Wolf's General Manager, MLS & Franchisors Lisa Mihelcich, formerly COO of zipLogix, is now General Manager, Associations David Anderson, founder and CEO of LionDesk, is now General Manager, Agent & Teams Aaron Kardell, founder and CEO of HomeSpotter, is now Head of Product Sean Wheeler, formerly of RealPage, is now Chief Technology Officer Combined, these new leaders bring over 75 years of industry experience to the organization, reinforcing the company's deep commitment to real estate agents, brokers, MLSs, and associations and its vision to simplify real estate through a connected digital experience. "Our technology has always been built for real estate professionals, by real estate professionals," said Jimmy Kelly, CEO and president of Lone Wolf. "That's true to this day. With these new additions, we're bringing together some of the strongest talents in real estate today, each with a tremendous passion for the industry and its stakeholders. I'm confident their added expertise will have a huge impact on our company and make a real difference in the lives of our customers." Together with Lone Wolf's existing leadership team, these new additions will help the company create a fully connected digital platform, featuring the most used solutions in real estate and putting unprecedented capability in each users' hands. "I'm looking forward to accomplishing some amazing things at Lone Wolf," said Sean Wheeler, Lone Wolf's Chief Technology Officer. "We already offer the top digital solutions in real estate today, but there's so much more we can do. We're doubling down on our innovation efforts, so we can deliver the most complete, inclusive, and secure technology platform real estate has ever seen." The new leaders join Lone Wolf at an exciting time. The company recently added digital marketing and lead generation to its Agent Cloud, Broker Cloud, and MLS/Association Cloud; created Digital Title Orders along with the leading title companies in the U.S.; introduced real estate's first AI-powered recruiting solution for brokers, Recruit and launched the new Cloud CMA for brokers, featuring a two-way connection with Lone Wolf Transactions. By incorporating emerging technologies like AI and machine learning, and creating connections for everything from listing to close, Lone Wolf's solutions give agents, brokers, MLSs, and associations a competitive edge in a rapidly changing industry. "This is an important time for real estate," said Greg Robertson, GM, MLS and Franchisors. "The pandemic still looms large, disruptors are becoming more and more commonplace, and consumer expectations are increasing by the day. Lone Wolf is here to help real estate professionals adapt and look to the future. With the team that we're bringing together, and the technology we're delivering, Lone Wolf's in an incredibly unique position to affect meaningful, long-term change for all of real estate in North America."About Lone Wolf Technologies Lone Wolf Technologies is the North American leader in residential real estate software, serving over 1.5 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. Find out more at www.lwolf.com
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BoomTown Chosen as a NextHome Approved Supplier
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Elm Street Technology Welcomes New Chairman of the Board and Expands Senior Leadership Team
Appointment of veteran technology executives aimed at supporting strategic growth initiatives and future M&A opportunities FRISCO, Texas, May 25, 2021 -- Elm Street Technology, LLC ("Elm Street Technology"), a leading provider of residential real estate technology and digital marketing solutions, is proud to announce the addition of several strategic leadership and governance roles to its executive team and Board of Directors. Since the company's formation 5 years ago, and in partnership with Aquiline Capital Partners, a New York and London based private investment firm with over $6 billion dollars of assets under management, Elm Street Technology has pursued an aggressive growth acquisition strategy, acquiring eight high-performance companies in its short tenure. Today's announcement serves to maintain and build off the previous momentum with the following appointments: James Tallman as Chairman of the Board of Directors, Robyne Gaudreau as Chief Financial Officer and Madison Davis Kelly as Executive Vice President of M&A. "Our entire leadership team is hyper-focused on corporate growth, market leadership and serving our customers," stated Prem Luthra, President and CEO of Elm Street Technology. "As we strive to service our real estate clients with a centralized, consolidated technology solution, we are thrilled to welcome Jim to our Board of Directors, and Robyne and Madison to our executive team. Their deep industry knowledge and respective expertise will serve as incredible assets as we continue pursuing both organic and inorganic growth opportunities over the coming years." As the new Chairman of the Board, Mr. Tallman brings over 40-years of experience in executive leadership, investment management and corporate governance roles. He offers a wealth of knowledge related to vertically-focused software and services companies, with a proven track-record of driving growth and market leadership. His tenure includes serving on the boards of Innovative Interfaces, Zift Solutions, Lexitas and Kukui Corporation. Mr. Tallman's expertise spans across enterprise SaaS software, library management systems, legal software and services, B2B ecommerce, and technology consulting services. His is well-suited to work with next stage growth companies to scale their businesses. Ms. Gaudreau joins Elm Street Technology with over 20 years of experience in managing financial strategy for high-growth companies. She most recently served as Chief Operating Officer and Chief Financial Officer of SimplyWell. She previously served as Chief Financial Officer for Viverae, and Senior Vice President and Chief Financial Officer of Aguirre Roden, Inc. Ms. Kelly brings in-depth knowledge of SaaS providers and extensive experience in M&A strategy and execution that will further bolster Elm Street Technology's M&A efforts. She previously drove the execution of more than 50 acquisitions across several portfolio companies of Greater Sum Ventures, a growth equity firm that invests in lower-middle market tech-enabled service companies. "I was immediately attracted to the Elm Street Technology story," stated Mr. Tallman. "The united corporate vision, the leadership culture, and the commitment to overcoming challenges in the real estate industry are all refreshing changes to other players in the space. When you have a strong foundation like this, the sky's the limit in terms of growth potential." 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 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 financial services and technology, business services, and healthcare. The firm had $6.1 billion in assets under management as of December 31, 2020. For more information about Aquiline, its investment professionals, and its portfolio companies, please visit www.aquiline.com
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MooveGuru Network Now Includes Over 500,000 Home Pros
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Berkshire Hathaway HomeServices Launches New International Real Estate Website and Syndication Service Powered by Constellation1
Marking the entry of Constellation1 into international real estate services Newport Beach, CA (May 24, 2021) -- Constellation1, a leading provider of real estate technology and data services for brokerages, franchises, and MLSs across North America, has been selected by Berkshire Hathaway HomeServices, to provide its international real estate website solution and robust syndication services. This relationship marks entry into international real estate services for Constellation1. The new website and syndication services improves Berkshire Hathaway HomeServices' offerings to their international franchisees, enabling it to better serve international clients and display listings from across its international network, in one location on global.bhhs.com. Over the coming months, more franchisees will join the site. Additionally, Constellation1 will manage syndication of all Berkshire Hathaway HomeServices international listings to listing syndication resources, such as Adwerx, Zillow, Juwai.com and several others globally. "Berkshire Hathaway HomeServices has a strong presence in both the North American and international real estate markets and we're pleased that it selected Constellation1 for our unmatched expertise in real estate data services," said Andrew Binkley, President of Constellation1. "This is an exciting opportunity for Constellation1 to expand its services into international markets." Berkshire Hathaway HomeServices sought an established and dedicated website and data services provider to support its goal of achieving expansive coverage and connectivity to the international real estate market in one central location, online. "Constellation1 was able to resolve a significant pain point we had for gathering, aggregating, and sharing international listing data," stated Mike Fortes, VP Solution Strategy of Berkshire Hathaway HomeServices' parent company, HSF Affiliates LLC. "Their technical team's expertise enabled us to get this initiative up and running in a short period of time. Now, we can easily engage any of our brokerages to share listing data globally." This is a significant step for Constellation1, powered by a dedicated team of nearly 150 experts. In addition to data services covering more than 500 MLSs across North America and expertise in normalizing and cleansing real estate listings and MLS data; its award-winning website solutions, including mobile CRM and property search tools; Constellation1 also solves real estate business needs in the accounting, commissions and transactions space. About Constellation1 Constellation1 provides front office, back office and data services to real estate brokerages, franchises, MLSs and technology vendors across North America. Constellation1 is your source for real estate technology. Constellation1 is a division of Constellation Web Solutions Inc. and its subsidiaries and is part of Constellation Real Estate Group. For more information, visit constellation1.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, the Middle East and India, and represented 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.
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PropTech Startup zavvie Taps New $1.75M Inside Round
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Brokermint Enhances Platform with Fully-integrated eSignature and Mobile App
New eSignature feature and mobile app improve the user experience and usability of the back office software platform for busy brokers and agents on-the-go SAN DIEGO, CA., May 18, 2021 -- Brokermint, the leading cloud-based back office and transaction management software for top real estate brokerages and teams, is excited to announce the release of both its new eSignature technology, designed and developed by the company, and mobile app to create a seamless and fully-integrated user experience. These enhancements allow clients to handle their business needs easily, and efficiently, from anywhere. The release comes on the heels of the recent announcement of the company's acquisition by BoomTown, and highlights their shared commitment to driving innovation in real estate technology. "Our clients shared some improvements they wanted to see in how eSignatures function, and we knew it was time to build our own solution," said Andrew Chishchevoy, Co-founder and General Manager of Brokermint. "We leveraged years of experience designing real-estate specific tools to build our own system that provides the same high-speed and high-end user experience our clients love in the Brokermint platform, as well as more stability, security, and control than a third-party provider could offer." The mobile-friendly Brokermint eSignature offers the most complete eSignature package certificate available, accessible both as an attachment or online.The package certificate also includes a complete timeline of a signee's actions, saved initials and signature capabilities, as well as a secure signature identification with a QR code and package verification page for additional proof of signed document authenticity. The mobile app provides Brokermint's back-office management functionality from any device, so busy brokers and agents can manage their back-office business needs from anywhere and at any time. "The new eSignature system goes far beyond other eSign systems I've seen. The process is streamlined, and you can templatize your documents for eSignature right in Brokermint," said Leslie Guiley, COO Broker Team of Better Homes and Gardens Real Estate BloomTree Realty. "It's tools like this, and the new app, that make work easier right now. It's great being able to check in to Brokermint from anywhere, since sometimes things can't wait until you get back to the office." About Brokermint Brokermint is an easy-to-use, complete cloud-based solution for the residential real estate back office. Brokermint is the platform of choice for over 1,200 brokerages, supporting over 55,000 agents and processing over 300,000 transactions per year. Core capabilities and modules include Transaction Management, Commission Automation, Accounting, Agent Management, and Reporting and Analytics. Brokermint also integrates with other key real estate technology platforms. Founded in 2014, Brokermint is headquartered in San Diego, CA. About BoomTown BoomTown exists to make real estate agents successful. 95,000+ of the industry's top professionals, and 40% of the Real Trends Top 250 teams, trust BoomTown to grow their real estate business with easy-to-use technology that creates opportunities and turns them into closings. Capabilities include a customizable real estate website integrated with local MLS data, client success management, a cutting-edge CRM (Customer Relationship Management) system with custom marketing automation, personalized advertising and lead generation services, and a mobile app for agents on the go. BoomTown's service offerings extend far beyond technology with lead qualification services to contact, qualify, and nurture leads, and dedicated advisors to offer personalized support at every step from onboarding and training to optimizing your business and planning for strategic growth to coaching services from peers who have catapulted their growth with the system. Founded in 2006 and headquartered in Charleston, SC, BoomTown has additional offices in Atlanta, GA and San Francisco, CA. BoomTown's brands include some of the most trusted solutions in real estate: Brokermint, RealContact, and MyAgentFinder. For more about BoomTown visit boomtownroi.com.
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Dilbeck debuts new iBuyer and buy-before-you-sell program powered by zavvie
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Introducing Pond Accounts in kvCORE: Never let a lead go stale
Teams are dominating the real estate industry. They're a fantastic way to leverage time and resources, and team builders know they're a great vehicle to maximize everyone's strengths and take your business to the next level. Lead pools or "ponds" have become a popular way for real estate teams to manage leads that need follow up. They allow agents to work contacts from a shared pool, ensuring leads don't get missed or go stale. Lead ponds are especially helpful for larger teams that may generate hundreds of leads every month. With numerous prospects coming in, it's possible (even likely) that some will be missed. Typical lead ponds can be complicated and hard to manage, though. One team member may think he or she is getting fewer leads than others, and without clear rules multiple agents may compete for the same lead. The result? Unhappy and unsatisfied agents. New Pond Accounts in kvCORE offer an all-new way to nurture a pool of contacts that fits the specific needs of your team Usually, contacts in a pond must be assigned to an agent to be eligible for automated nurturing campaigns (it's a requirement for many MLSs). kvCORE Pond Accounts are different. To increase successful follow up and conversion, all of the automation and campaign tools of kvCORE work for Pond Account leads – even if there's no assigned agent. Contacts in the pond receive market reports, listing alerts, and valuation reports. You can add them to drip campaigns. And team leaders can leverage powerful analytics for clear visibility on activity and agent accountability for lead assignments. Here's how a Pond Account in kvCORE might work for your team. Let's say you have 200 new contacts with no assigned agents. You could: Upload the list automatically and notify all agents who are part of the pond to follow up and qualify the leads. Route hot leads directly to an agent based on their specialty, like geographic area or price points. Designate a subset of the list to a Pond Account for agents to grab and follow up with when they're available. Allow agents to work contacts in the Pond Account that suit them best and claim them into their own account. Establish accountability rules for agents who take leads from the pond. If they don't follow the rule, kvCORE automatically puts the lead back in the pond. Teams can also use lead routing in kvCORE to populate a Pond Account. To view or move leads simply navigate to "agent accountability" and click on "move leads to pond". Your team is unique and you need the freedom and flexibility to create lead processes that work for you. If you don't get leads into the hands of team members, it's business lost. So, if you're asking yourself, "How do I automate lead routing and follow up?" Or "How do I customize our technology to meet my team's needs?" Or "How do I showcase my team's unique brand?" kvCORE – now with new Pond Accounts – is the answer to all of your questions We invite you to take a deeper dive into Inside Real Estate's Solutions for Teams now. Pond Accounts are available now as a kvCORE Team Add-On. They're also available for Offices! ‍Not using kvCORE? Grab a demo and take a personalized tour. To view the original post, visit the Inside Real Estate blog.
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Robert Lindley of Canyon Title Selected for 2021 Titan 100 CEO Recognition
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iPro Realty Network partners with zavvie to give homeowners more selling solutions
St. George, Utah - May 12, 2021 -- Housing inventory is at record lows, pushing home prices to new highs. Many homeowners are considering selling their homes to take advantage of today's hot real estate market but don't realize there are several options available to them. Everything from the open market, which is generating multiple offers, often over the asking price, to guaranteed all-cash offers, to selling the home quickly and leasing it back for up to a year to immediately free up equity. Where does a local homeowner who is thinking about selling see all their options? Utah-based iPro Realty Network, known for their high integrity and innovative marketing strategies for selling properties, has launched iPro Seller Solutions. Their new zavvie-powered iBuyer and sale-leaseback programs allow Utah home sellers to explore several selling options, deciding for themselves the best solution for their individual situation. With six offices strategically located throughout Utah and nearly 450 professional Realtors, iPro Realty Network now delivers "all the choices to sell" to local homeowners. "Our new iPro Seller Solutions add to the robust benefits we already offer our real estate clients, including our all-inclusive set-up service (that saves our clients substantial time and money when moving) and our Powerhouse Marketing system," states Principal Broker and Founder, Bill Telford. "Clients make their best decisions when a professional agent walks them through all available options, so they fully understand the pluses and minuses of each choice. All solutions are centralized in one report to the homeowner," continues Telford. Homeowners can choose between bona fide all-cash offers from iBuyers, sale-leaseback options from bridge providers, or select a traditional home sale listing. Most homeowners will choose to list and sell their homes on the open market with an iPro Realty Network agent. "Homeowners will get the highest sales price and largest return on their investment when they list their home on the open market," notes Telford. Lane Hornung, zavvie co-founder and CEO, adds that iPro Realty Network agents can now offer unique benefits for Utah homeowners. "iPro Seller Solutions is something local homeowners can only get from an iPro Realty Network agent," Hornung said. "Only they can deliver sellers the most options to sell their home, along with agents who offer the highest levels of integrity and customer service, which is iPro Realty's center of excellence." To learn more, contact an iPro Realty Network agent at iProRealtyNetwork.com. About iPro Realty Network Utah-based iPro Realty Network is an integrity-based full-service Real Estate company strategically located throughout Utah, with offices in Salt Lake City, Cedar City, Clearfield, Orem, Midway, and St. George. Known for creating an environment and culture with the highest integrity and customer service levels, iPro Realty Network real estate agents and their clients benefit from its value-driven culture and cutting-edge technology. Ranked by REAL Trends in the Top 0.5% of all brokerages in the US, last year, iPro Realty closed more than 2,800 sales transactions and a total sales volume of nearly $1 billion. One of the fastest-growing real estate brokerages nationally with over 425 agents, iPro Realty Network was launched in 2012. Learn more at iProRealtyNetwork.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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Adwerx and MoxiWorks Enhance Integration to Boost Referrals For Real Estate Agents
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SmartZip Brings Real Estate Data to the Blockchain with Chainlink
SmartZip will launch a Chainlink node and offer predictive analytics data across decentralized blockchain networks, extending their datasets into emerging blockchain markets and provisioning new types of real estate products and markets. SARASOTA, FLA. (MAY 04, 2021) -- SmartZip is excited to announce that they will join Chainlink's market-leading decentralized oracle network by launching their own Chainlink node. The Chainlink node serves as secure blockchain middleware that makes existing SmartZip APIs compatible across leading blockchain networks. Through this new Chain Link node, SmartZip can supply their proprietary real estate data including property prices, rental rates, regional trends, and predictive pricing models to blockchain applications (aka smart contracts). Additionally, the Chainlink node cryptographically signs all data broadcasted on the blockchain, giving users cryptographic proof of the data's integrity as originating from a SmartZip API. The Chainlink node not only expands SmartZip's reach as a data provider by extending their high-quality datasets into emerging blockchain markets, but provisions new types of real estate products and markets. Developers can use SmartZip's data to produce data-driven smart contract applications that settle prediction markets centered around future house values, calculate the value of NFTs that represent real estate, or supply trusted benchmarks before executing trades of tokenized properties. SmartZip Expanding Services to the Chainlink Network SmartZip's proprietary predictive analytics model aggregates data from 24 sources and contains over 1 billion data points on residential real estate, including up-to-date market valuations, rental incomes and other key data points. With blockchain's ability to both digitize real estate as tokenized assets and reduce middleman inefficiencies in the industry, there is a growing opportunity to bring SmartZip's premium real estate data on-chain and support these new markets. Because blockchains are intentionally disconnected from external systems to ensure their security and reliability, smart contracts have no built-in capabilities of accessing off-chain SmartZip API data. This lack of external connectivity requires the use of an additional piece of infrastructure known as a blockchain oracle to bring external API data into blockchain networks. Chainlink, the most widely adopted oracle network in the blockchain industry, offers a time-tested, industry-standard oracle solution for making SmartZip's real estate data accessible to a vast pool of smart contract developers. Chainlink provides numerous features that set it apart from other solutions, such as: Data Signing - The Chainlink node cryptographically signs every piece of data SmartZip posts on-chain, preventing man-in-the-middle attacks and increasing its reliability in automating contract outcomes. Blockchain Agnostic - The Chainlink node is blockchain-agnostic, providing SmartZip with a single gateway to sell data to any current and future blockchain. Large Market - Chainlink is the most widely used oracle solution in the smart contract economy, providing a large and growing market of potential data consumers. Secure Infrastructure - Chainlink is thoroughly audited open-source software that collectively secures billions of dollars in value on mainnet, proving its ability to protect and trigger the movement of real economic value. "Chainlink offers SmartZip a quick, easy, and secure solution for transitioning our current API infrastructure to support blockchain networks," said Robert Reardon, General Manager of SmartZip. "Not only does this open up new revenue streams in an emerging market, but it's a future-proof solution that can easily scale to support a variety of new blockchains and applications. This saves us a considerable amount of time and resources, while exposing our data to a new decentralized economy." Joining the Chainlink Network as a node operator allows SmartZip to take part in the growing smart contract economy by providing premium data to new forms of decentralized and openly accessible real estate markets. As more real estate transitions to blockchains, SmartZip's data can support a growing variety of new applications, such as real estate being used as collateral in decentralized finance (DeFi) products to obtain loans or property-based NFTs that trade on decentralized exchanges (DEXs). About SmartZip SmartZip is the leader of predictive analytics in real estate. With Smartzip, developers can easily integrate the most comprehensive real estate database into their applications including property values, rental rates, likelihood of selling and much more. For more information, visit smartzip.com SmartZip is part of the Constellation Real Estate Group, a portfolio of vertical market software companies within Constellation Software, Inc. The Constellation Real Estate Group acquires and invests in technology companies in the real estate vertical that are committed to providing innovative, long-term solutions and partnerships to the customers they serve.For more information, visit constellationreg.com About Chainlink Chainlink is the most widely used and secure way to power universally connected smart contracts. With Chainlink, developers can connect any blockchain with high-quality data sources from other blockchains as well as real-world data. Managed by a global, decentralized community of hundreds of thousands of people, Chainlink is introducing a fairer model for contracts. Its network currently secures billions of dollars in value for smart contracts across the decentralized finance (DeFi), insurance and gaming ecosystems, among others. Chainlink is trusted by hundreds of organizations to deliver definitive truth via secure, reliable data feeds. To learn more, visit chain.link.
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Howard Hanna Releases Enhanced Hanna University
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LeadingRE Adds zavvie to Solutions Group Program
zavvie offers brokerages a complete Seller Solutions Platform including Bridge and iBuyer choices CHICAGO - April 26, 2021 -- Leading Real Estate Companies of the World, a global network of 550 top independent real estate firms, has expanded its Solutions Group program of preferred business resources with the addition of zavvie. zavvie, the first end-to-end real estate brokerage platform offering a full spectrum of selling solutions, connects the modern agent and their clients by providing all selling options in their market: iBuyer, Bridge and open market. zavvie is available to more than 60,000 real estate agents from some of the nation's most successful and fastest-growing multi-state brokerages. Hundreds of offer requests are processed through the zavvie platform each week. Agents remain at the center of every transaction, as zavvie technology helps agents give their clients transparency into all of today's modern selling options, allowing homeowners to take full advantage of the hottest sales market in decades. "As our industry continues to evolve, smart brokerages recognize the importance of offering options for their clients. By empowering brokerages and their agents to present all selling options, zavvie can help our members grow their market share even more," said LeadingRE Vice President, Sales/Partnerships Jeff Kennedy. "Being aligned with LeadingRE establishes zavvie as the go-to selling solutions platform for the nation's best brokerages. zavvie helps top brokerages empower the modern agent to deliver the most choices to sellers while providing their clients with the highest level of service," said zavvie C.E.O./Co-Founder Lane Hornung. Learn more about zavvie at zavvie.com. Learn more about Leading Real Estate Companies of the World® at LeadingRE.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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Remine Partners with Evocalize to Bring Digital Advertising Technology Directly to Remine Users
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Inside Real Estate Launches CORE Present, Revolutionizing the CMA and Client Presentation Experience
Introducing the first fully interactive pricing and presentation tool with intelligent behavioral tracking to help agents secure more deals in less time. SALT LAKE CITY (APRIL 21, 2021) -- Inside Real Estate, one of the fastest-growing independently-owned real estate software companies and a trusted technology partner to over 250,000 top agents, teams, and brokerages is proud to announce the release of CORE Present: the next-generation CMA and presentation builder integrated into the company's flagship platform, kvCORE. CORE Present helps agents guide clients through an interactive and compelling pricing discussion using a single, intuitive tool. Agents can create an engaging CMA in under a minute or build a customized, fully-branded presentation tailored to their client's unique persona and aesthetic. The presentations can be printed, delivered live, or sent via a link that unlocks powerful behavioral tracking to show agents exactly what their clients are looking at and when. "Consumers are now behaviorally trained by the likes of Google, Amazon, and Siri. For too long, real estate agents have been required to use less-than-intelligent tools to communicate with their clients," says Joe Skousen, CEO - CORE Division at Inside Real Estate. "That has changed with CORE Present. We've invested millions to launch the most intelligent, robust, and simple-to-use CMA and Presentation solution for real estate. CORE Present enables agents to deliver engaging, real-time insights to their clients faster than ever while staying on-point with their brand and understanding exactly what behaviors drive their clients' journey. Their follow-up becomes timely, fully informed, and massively effective. In short, we're empowering them to win more listings and deals." Inside Real Estate built CORE Present upon the popular pricing and data visualization features of dashCMA, which the company acquired in 2020, to create CORE Present. dashCMA founder Karen Abram, who was a licensed real estate agent herself, joined the Inside Real Estate team to lead product development on CORE Present. "I've gone into many presentations with a stack of papers that ended up confusing clients with data that wasn't relevant to them or their situation," says Karen Abram, Product Director at Inside Real Estate. "Having personally used every solution on the market, we set out to make it easier for agents to showcase their local expertise and equip them with valuable insights about their customers that help get more deals done. Delivering this powerful solution to agents and brokers is incredibly rewarding." CORE Present allows agents to: Tap into MLS, title, buyer search, and other data sources to show unique, big-picture pricing that combines multiple perspectives in a single, intuitive view. Work interactively in a live environment with buyers and sellers, making changes to comps or toggling property features in real-time, on the go. Effortlessly tailor designs and customize content to reflect the needs and nuances of each client. Deliver a beautiful, fully branded presentation live, digitally, or printed. Be notified with detailed analytics and content engagement tracking that shows what matters most to clients. Drive action - whether in person or virtual - with integrated e-signing capabilities at the end of each presentation. Inside Real Estate believes brokers and agents need to deliver high-value, tech-enabled experiences across the client lifecycle to win. To that end, CORE Present was built within the robust kvCORE platform, giving agents one central place to manage their client lifecycle from viewing initial property searches to requesting home valuations, to listing their home, closing, and beyond. CORE Present will be available as an add-on to kvCORE brokerage customers beginning in May 2021. Learn more here. About Inside Real Estate Inside Real Estate is a fast-growing, independently-owned real estate software firm that serves as a trusted technology partner to over 250,000 top brokerages, agents, and teams. It was ranked the No. 1 Real Estate Tech Company in G2's Top 100 Software Awards, based solely on verified user reviews. Their flagship product, kvCORE, is known for delivering profitable growth at every level of a brokerage organization. Built on a modern, scalable, and flexible architecture, kvCORE enables every brokerage to create their unique technology ecosystem through custom branding, robust integrations, and high-quality add-on solutions. With an accomplished leadership team and 230+ employees, Inside Real Estate brings the resources, scale, and vision to deliver ongoing innovation and success to their growing customer base. Learn more at insiderealestate.com.
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Denver Area Family Avoids $513,910 Mortgage Fraud Scam
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Remine Teams Up with AirDNA to Offer Short-Term Rental Profitability Analysis Tool
VIENNA, Va. -- Remine, a leading real estate technology company, announced today they have partnered with global data providers AirDNA to make short-term rental data and analytics available to Remine Pro users. This new feature, accessible on Remine's property details page, will include average daily rates, occupancy, and estimated revenue. The newly announced partnership places essential data into the hands of real estate professionals and unlocks new revenue opportunities for their clients. Remine Pro continues to be the most modern MLS front-end-of-choice bringing together MLS, public, and people records to increase agent productivity and broker business. "We are excited to begin our new partnership with Remine. Due to the granularity of our data, we are able to offer valuable property level insights to real estate investors worldwide," Sarah DuPre, AirDNA Director of Sales, said. "Partnering with AirDNA progresses our mission to offer best in class real estate resources to our users," said Tim Dain, VP and GM of MLS at Remine. "By taking the guesswork out of managing and leveraging short-term rental properties the opportunity to maximize earnings for clients increases exponentially." First Multiple Listing Service (FMLS) will be the first to launch AirDNA on their Remine property details page for 51,000+ members. "This cool new product gives FMLS Brokers & Agents an easy way to evaluate listings with high rental-revenue potential. That gives our members a new market opportunity promoting their services to investors. Plus, many of our Brokers & Agents themselves own rental properties. The AirDNA integration with Remine Pro, an exclusive FMLS member-benefit, provides an awesome way for them evaluate short- and long-term rental options," said FMLS's President & CEO, Jeremy Crawford. AirDNA will be available for Remine Pro users by April 19. About Remine Remine is revolutionizing 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 https://www.remine.com. Remine is ISO 27001 Certified. About AirDNA AirDNA are the global leaders in short-term rental. The company helps real estate agents, brokers, and investors capitalize on the explosive growth of the vacation rental market by turning data into actionable analytics. Our proprietary channel matching and reservation algorithms enable us to deliver accurate property-level valuations for over 10 million properties in over 120,000 international markets worldwide. REITs and brokerages around the world rely on AirDNA for the data to set them apart and the insights to keep them ahead. For more information visit, www.airdna.co.
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MoxiWorks partners with CENTURY 21 Canada to bring new technology through HUB21
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Berkshire Hathaway HomeServices CEO Challenges the Real Estate Industry to Increase its Influence with Release of New Book
Irvine, Calif., April 7, 2021 -- Chris Stuart, CEO of the Berkshire Hathaway HomeServices, one of the world's fastest-growing residential real estate brokerage franchise networks, made the theme of his virtual convention keynote speech the need for Real Estate professionals to increase Real Estate Influence. Thousands of network members from across the world got to listen to an impassioned and transformational message in which Stuart made the centerpiece of his keynote speech, the introduction of the Real Estate I.Q. System, the announcement of the Real Estate Influencer Network, and a much-awaited preview of his new book Real Estate Influence, now a number 1 best seller on Amazon. Each of the three components of Stuart's overall off and online influencer vision was strategically and assiduously developed and collaborated with a very diverse team of colleagues and top-producing agents, teams and leaders from across the global network to carefully design and create the exclusive platform. "The launch of this book is something I have been planning and envisioning for nearly a year, to see it come to fruition, along with the Real Estate I.Q. System is incredibly fulfilling to see come to fruition," said Chris Stuart, CEO of Berkshire Hathaway HomeServices. "I'm inspired to continue to work with the great real estate professionals around the world to evolve and get better together." Stuart comprehensively covered how his Real Estate I.Q. System was designed to elevate real estate agent's Influence Quotient, as well as how the network and book were all developed as a result of Stuart's extensive research surrounding several unresolved universal real estate needs, and as he enthused, opportunities. Stuart during his speech referenced what he has coined 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. 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 was a true honor to work alongside the great Chris Stuart on this project," said Allan Dalton, SVP, Industry Research and Development for Berkshire Hathaway HomeServices. The former CEO of Realtor.com enthused, "Real Estate Influence takes a forensic and comprehensive look into what real estate professionals must do to gain and sustain personal and professional influence with consumers, clients, and within their communities a true must-read for real estate business professionals." The book Real Estate Influence was timed to first appear on Amazon in conjunction with the convention. Real Estate Influence, co-authored by the quintessential real estate industry influencer Allan Dalton, examines in a most readable manner, numerous methods of increasing influence. That all book proceeds go to the Sunshine Kids Foundation devoted to helping children suffering from cancer, was greeted with significant enthusiasm throughout the network. For more information, click here. 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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Transactly Acquires SoMo Transactions, Expands National Network of Transaction Coordinators
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Redfin Completes Acquisition of RentPath for $608 Million
Acquisition brings together a leading site for homebuying with leading sites for rental listings SEATTLE and ATLANTA, April 5, 2021 -- On April 2, Redfin completed its previously announced acquisition of RentPath for $608 million in cash. Redfin is a tech-powered real estate brokerage that operates a real estate search site and provides a suite of services to make the process of buying and selling a home faster, better and less expensive. RentPath operates leading rental sites, including ApartmentGuide.com, Rent.com, and Rentals.com. Combined with RentPath, Redfin can now be a destination for all North American consumers looking for a home. "We're over the moon that RentPath and Redfin are officially hitched," said Redfin CEO Glenn Kelman. "A deal that we expected to take 90 days to approve closed in 42. And now we can't wait to tell RentPath's property-management customers, who were once uncertain about the company's future, about our big plans to double our audience of people seeking a home to rent. Already, we've discovered that RentPath's modern technology for importing rental listings fits perfectly with ours, and that the two companies have a shared vision to make renting a home fast, easy and magical, for consumers and property-management companies alike." Integration Plan RentPath's sites, which draw 16 million visitors each month, will continue to operate after the acquisition. Redfin and RentPath will immediately start the engineering work to get RentPath's rental listings on Redfin.com. We expect these listings to be on Redfin.com in 2022. RentPath will continue to grow its business with multifamily property managers, developing innovative services and products to make it easier for consumers to find a rental and for multifamily communities and property managers to connect with serious prospective tenants. RentPath's headquarters will stay in Atlanta. Dhiren Fonseca will remain in his role as President to shepherd the integration while Redfin seeks a permanent leader to run the rentals business. "The RentPath team is thrilled to be joining Redfin because we share a customer-first philosophy," said Fonseca. "The response to the acquisition news from our multifamily customers has been tremendous, and they are eager to tap into Redfin's massive audience and see us build upon the all-time highs in traffic and leads we delivered in 2020." 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 nearly $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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Right at Home Realty Inc. Selects IXACT Contact for Recruiting CRM
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Redfin Predicts Five Ways the Housing Market Will Change After the Pandemic
Post-pandemic home values will grow at a cool 5% annual pace, but the condo and short-term rental market will heat up SEATTLE, March 31, 2021 -- The post-pandemic housing market will offer some relief for homebuyers, according to a new report from Redfin, the technology-powered real estate brokerage. The report was written by Redfin Chief Economist Daryl Fairweather. 1. Home values will grow as the economy recovers, but at a slower pace as higher mortgage rates temper demand Double-digit home-value growth will end as the U.S. reaches herd immunity and the economy rebounds. That's because mortgage rates will make buying a home more expensive, and Americans will have more options for how to spend their money. Instead of spending on homes, Americans will want to spend on activities like vacations, parties and dining. Some people will be eager to buy a home because they will feel more confident in their own economic prospects once the economy recovers. But some people will look at how expensive homes have become and hold off. As a result, home values will rise about 5% per year, which will be more in line with the growth of the overall economy. As the economy recovers, mortgage rates will likely increase to pre-pandemic levels of around 3.5% for a 30-year fixed rate mortgage, making borrowing to buy a home more expensive than it is now. Since the economy is already doing better than many economists anticipated, there is a small risk that the trillion- dollar stimulus package could inject too much money into the economy and cause inflation and even higher mortgage rates of over 4%. 2. More people will list their homes for sale When the pandemic ends, the number of homes for sale should increase from record lows, but will likely remain below pre-pandemic levels. Five percent fewer homes were listed for sale in the past 12 months than in the year prior, and currently new listings are down 12% from last year. If most people are vaccinated by 2022, Redfin predicts that the coming year will bring a 10% increase in new listings. More homeowners will decide to list in order to cash in on high home prices. And a small portion of those who were reluctant to sell during the pandemic because of fear of exposure to the coronavirus will be ready to list once vaccinated. Some homeowners who have been in forbearance will want to sell once forbearance ends to pay off their missed mortgage payments. But many new homeowners who locked in a mortgage rate below 3% during the pandemic won't want to sell and give up their low monthly mortgage payments. 3. The condo market will heat up As the economy reopens and more people are back to work, more people will be looking to buy a reasonably priced home. And right now the most reasonably priced homes are the condos that buyers shunned during the pandemic. During the pandemic, condos sold at a 17.3% discount to single family homes, the largest discount since at least 2013, but post-pandemic condo prices will likely grow faster than single family home prices and the discount on condos will shrink. "If you want to buy a condo, now is the time," said Seattle Redfin agent Ben Stanfield. "I tell my buyers that if they're open to looking at condos, we have the ability to negotiate on price and include favorable offer terms like an inspection contingency or a long escrow period. My personal opinion is that the condo market will start to see signs of life coming back in around October." Prices are already growing faster in urban areas, where condos are more common, than in suburban or rural areas. Soon homebuyers will see the value in the perks of owning a condo, like shared amenities such as pools and gyms. 4. Suburbs will start to feel more like cities When the pandemic ends, many people will continue working from home at least part-time, but they will begin taking their lunch and coffee breaks outside their home. This means the kinds of businesses that cater to workers will relocate to suburban areas where more of their customers will be during the day. For example, Starbucks is closing stores in urban areas while opening new stores in the suburbs, and small businesses in cities are recovering at a slower pace than small businesses in the suburbs. Over time, suburban communities will start to feel like more cities with more new restaurants, coffee shops, and happy hour spots opening. Homes in the suburbs could become even more desirable, thanks to an increase in amenities. The value of a home is closely tied to what amenities are close by, and in the future, more suburbs could have it all—schools, parks, restaurants, coffee shops, and bars. 5. Rents will rise quickly, especially for short-term rentals Post pandemic, many people will decide to rent instead of buy a home simply because buying a home will be too expensive. Rents in expensive job centers like Manhattan and San Francisco will likely stay below pre-pandemic levels because remote workers will have more options for places to live away from their corporate headquarters. But in popular migration destinations like Austin and Atlanta, rents will increase more quickly because even more people will want to live in these less expensive cities when the economy is fully open and safe. Short-term rentals will be especially popular. More remote workers will adopt a nomadic lifestyle, where they roam from city to city with no home base at all. A remote tech worker might spend part of the year working from a headquarters, part of the year working from a satellite office, and the rest of the year in a vacation destination. This will cause prices for short-term rentals to increase. To view the full report, including charts and methodology, please click here. 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 95 markets in the United States and Canada. Since our launch in 2006, we have saved our customers nearly $1 billion and we've helped them buy or sell more than 310,000 homes worth more than $152 billion.
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Berkshire Hathaway HomeServices Launches Industry-First Program Designed to Eliminate the Real Estate Loyalty Gap
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BoomTown Acquires Brokermint, the Industry Leader in Cloud-based Brokerage Management Software Solutions
The acquisition of Brokermint accelerates BoomTown's strategic growth plan to deliver fully integrated software solutions that simplify the entire real estate transaction lifecycle from lead-to-close CHARLESTON, S.C., March 23, 2021 -- BoomTown, the leading cloud-based sales and marketing automation platform for real estate professionals, is excited to announce the strategic acquisition of Brokermint. Brokermint's technology consolidates and automates all back office and transaction management functions through easy-to-use, scalable software solutions. By using Brokermint, leading real estate brokerages, teams, and agents can simplify complex back office tasks, efficiently close transactions, and focus on driving growth. Through its acquisition of Brokermint, BoomTown becomes one of the industry's only integrated, end-to-end solutions addressing every aspect of the real estate transaction lifecycle. "BoomTown is constantly analyzing ways to deliver and enhance ROI for our clients and drive their success. Our existing platform is unparalleled in its ability to generate, engage, and convert prospects," said Grier Allen, CEO & President of BoomTown. "By leveraging the power of Brokermint's industry-leading transaction management and accounting capabilities, and financial analytics, BoomTown now has a complete lead-to-close solution, so clients can efficiently and effectively manage the entire prospect lifecycle in one system." Brokermint's back office management and automation solutions are essential to the operations and growth of top real estate brokerages and teams. Its core capabilities support clients with: Transaction management Commission automation Accounting Agent management Reporting and analytics This acquisition further advances BoomTown's mission to empower real estate brokerages, teams, and agents to accelerate growth and profitability through the use of technology. BoomTown and Brokermint have been strategic partners for many years. Now there is a clear strategic path to fully integrating Brokermint's technology into the BoomTown platform and delivering a combined focus on further innovation that enhances the user experience and drives value for clients. "BoomTown is instrumental in building a sustainable and predictable pipeline of transactions for my team and business, and Brokermint has streamlined and managed all of my back office operations" said Brad Nix, Co-Founder and COO of Path & Post. "These are the linchpins of a successful real estate business, and I am excited for the future opportunities they will create for real estate businesses as these best-in-class solutions join forces." "I'm very excited to share such a huge win for Brokermint, BoomTown, and most importantly, our clients," said Andrew Chishchevoy, CEO & Co-Founder of Brokermint. "This acquisition will bring incredible resources to accelerate development of the platform and drive even more value for BoomTown and Brokermint clients." Brokermint is BoomTown's third acquisition since 2018, underscoring BoomTown's commitment to investment and innovation in real estate technology and driving value for its clients. About BoomTown BoomTown exists to make real estate agents successful. 40,000+ of the industry's top professionals, and 40% of the Real Trends Top 250 teams, trust BoomTown to grow their real estate business with easy-to-use technology that creates opportunities and turns them into closings. Capabilities include a customizable real estate website integrated with local MLS data, client success management, a cutting-edge CRM (Customer Relationship Management) system with custom marketing automation, personalized advertising and lead generation services, and a mobile app for agents on the go. BoomTown's service offerings extend far beyond technology with lead qualification services to contact, qualify, and nurture leads, and dedicated advisors to offer personalized support at every step from onboarding and training to optimizing your business and planning for strategic growth to coaching services from peers who have catapulted their growth with the system. Founded in 2006 and headquartered in Charleston, SC, BoomTown has additional offices in Atlanta, GA and San Francisco, CA. For more about BoomTown visit boomtownroi.com. About Brokermint Brokermint is an easy-to-use, complete cloud-based solution for the residential real estate back office. Brokermint is the platform of choice for over 1,200 brokerages, supporting over 55,000 agents and processing over 300,000 transactions per year. Core capabilities and modules include Transaction Management, Commission Automation, Accounting, Agent Management, and Reporting and Analytics. Brokermint also integrates with other key real estate technology platforms. Founded in 2014, Brokermint is headquartered in San Diego, CA.
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Danberry Teams with zavvie to show local homeowners newest ways to sell
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Local Showings by Delta Media Set for Early April Launch
Unprecedented demand from MLS and brokerages is met with a "guarantee" not to sell, commitment to Phase II development CANTON, Ohio – March 23, 2021 – Delta Media Group announced today the launch of Local Showings, an independent full-featured property showing software and service, as early as the first week in April. Uniquely, Delta Media currently integrates with hundreds of MLS boards nationwide and more than 350 real estate firms, covering 90 percent of all property data in the US. Responding to unprecedented demand from MLSs and brokerages nationwide, Local Showings by Delta Media will be available to non-Delta clients as a standalone iOS and Android mobile app. For Delta clients, Local Showings will be seamlessly integrated into its all-in-one DeltaNET platform. Delta Media also announced its commitment to a Phase II development of Local Showings. Phase II expands call center support and adds technical resources with new functionality for Local Showings, including capabilities that do not exist for current showing products. "We will provide a frictionless experience for brokerages, local MLS boards, and agents," said Delta Media's CEO and owner Michael Minard. "We are not trying to reinvent the wheel. Local Showings is intuitive, so agents don't need to go through hours and hours of training to understand it: It just works." "We also don't want to disrupt any established budgets," Minard explained. "We plan to come in either at the price firms were paying, or even less, so they can avoid funding a company that is no longer a disruptor but a competitor." Delta Media, which is 100% family-owned and operated, is committing in its contracts with MLS boards or brokerages that select Local Showings, a "guarantee" not to sell or be acquired. "Delta Media has been independent for 27 years, and we have been in the trenches with independent real estate companies our entire existence. We're going to continue our independence," Minard added. "We have no outside investors, no VC funds behind us, and no Wall Street investors influencing what we do. We only succeed when our clients succeed. That's why we are guaranteeing remaining independent in our contracts, so MLSs, brokerages, teams and agents don't have to go through this again." Local Showings by Delta features includes: Schedule showings: any listing in the MLS, showing a calendar of available times with built-in request capabilities. Instant notifications: push notifications or text messages sent to agents when a showing is requested or confirmed. Active listings view: allows modification of notes about the listing. Contact view: see contacts sorted by buyers or sellers. Driving tours: dynamically built to see multiple properties with driving instructions. Activity reports: tracks showing schedule activity. See how many showings have been requested, pending, or denied. Feedback view: quickly see feedback on your listings or listings you have shown. Flexibility: ability to select multiple listings and schedule multiple showings with one click. Seller Reports: easily share information with homeowners. Chat: instantly connect and chat with other agents within your local board. During a recent Facebook Live discussion about Local Showings by Delta, Leading Real Estate Companies of the World's Jeff Kennedy commented on current or emerging showing alternatives. He noted, "Most of the companies I've come across are either too new, they're only in one or two cities, or they are an augmentation to an existing service and not a standalone." Kennedy added that while many new firms within the showing software space have polished interfaces that "look cool," they have little or no MLS integrations and that MLS integrations can take years to accomplish. "Delta Media put up the very first website in the US powered by MLS data in 1994. We have been integrating with MLSs ever since," Minard explained. "For those who select Local Showings, it will be a turnkey experience. We already have the MLS board agreements. We update data in 5 minutes or less for the majority of our MLSs. We know how important a clean data experience is for agents and their clients. Most of the other showing alternatives are just getting started while we have established relationships built over decades." 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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Certainty in Outlook: CoreLogic's Home Price Index Forecasts Provide Accurate Results, According to Latest Validation Report
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A Look Back: US Mortgage Delinquency Rates Experience Record Highs and Lows in 2020, CoreLogic Reports
US overall delinquency shrinks for the fourth straight month in December, ending a rocky year with signs of recovery CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for December 2020. On a national level, 5.8% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), which represents a 2.1-percentage point increase in the overall delinquency rate compared to December 2019, when it was 3.7%. However, national overall delinquency has been declining month to month since June 2020. To gain an accurate view of the mortgage market and loan performance health, CoreLogic examines all stages of delinquency, including the share that transitions from current to 30 days past due. In December 2020, the U.S. delinquency and transition rates, and their year-over-year changes, were as follows: Early-Stage Delinquencies (30 to 59 days past due): 1.4%, down from 1.8% in December 2019. Adverse Delinquency (60 to 89 days past due): 0.5%, down from 0.6% in December 2019. Serious Delinquency (90 days or more past due, including loans in foreclosure): 3.9%, up from 1.2% in December 2019. Foreclosure Inventory Rate (the share of mortgages in some stage of the foreclosure process): 0.3%, down from 0.4% in December 2019. Transition Rate (the share of mortgages that transitioned from current to 30 days past due): 0.8%, unchanged from December 2019. 2020 began with the lowest share of overall delinquencies (30+ days past due) since data recording started in 1999, but as the pandemic and shelter-in-place directives spread, the rate doubled from 3.6% in March to 7.3% in May. As those initially affected by the pandemic and ensuing recession transitioned through stages of delinquency, serious delinquencies (90+ days past due) increased four-fold compared to pre-pandemic rates, peaking in August. "The ongoing forbearance provisions and economic aid implemented at the start of the pandemic has proved helpful for families faced with financial insecurity," said Frank Martell, president and CEO of CoreLogic. "Places with large job losses during the last year also experienced big jumps in mortgage delinquencies," said Dr. Frank Nothaft, chief economist at CoreLogic. "By state, Hawaii and Nevada had the largest 12-month spike in delinquency rates, both up 4.1 percentage points. They also had large increases in unemployment rates, up 6.6 percentage points in Hawaii and 5.5 percentage points in Nevada compared with 3.1 percentage points for the U.S. In Odessa, Texas, unemployment rose by 8.6 percentage points and delinquencies posted a 9.8 percentage-point jump." State and Metro Takeaways: All U.S. states and nearly all metro areas logged increases in annual overall delinquency rates in December. Hawaii and Nevada (both up 4.1 percentage points) logged the largest annual increase in overall delinquency rates. Among metros, Odessa, Texas, experienced the largest annual increase with 9.8 percentage points, largely due to significant job loss in the oil industry. Other metro areas with significant overall delinquency increases included Lake Charles, Louisiana (up 7.6 percentage points); Midland, Texas (up 7.5 percentage points) and Kahului, Hawaii (up 6.8 percentage points). For ongoing housing trends and data, visit the CoreLogic Insights Blog. Methodology The data in The CoreLogic LPI report represents foreclosure and delinquency activity reported through December 2020. The data in this report accounts for only first liens against a property and does not include secondary liens. The delinquency, transition and foreclosure rates are measured only against homes that have an outstanding mortgage. Homes without mortgage liens are not subject to foreclosure and are, therefore, excluded from the analysis. CoreLogic has approximately 75% coverage of U.S. foreclosure data. Source: CoreLogic The data provided is for use only by the primary recipient or the primary recipient's publication or broadcast. This data may not be re-sold, republished or licensed to any other source, including publications and sources owned by the primary recipient's parent company without prior written permission from CoreLogic. Any CoreLogic data used for publication or broadcast, in whole or in part, must be sourced as coming from CoreLogic, a data and analytics company. For use with broadcast or web content, the citation must directly accompany first reference of the data. If the data is illustrated with maps, charts, graphs or other visual elements, the CoreLogic logo must be included on screen or website. For questions, analysis or interpretation of the data, contact Valerie Sheets at [email protected] Data provided may not be modified without the prior written permission of CoreLogic. Do not use the data in any unlawful manner. This data is compiled from public records, contributory databases and proprietary analytics, and its accuracy is dependent upon these sources. 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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The Group launches 'Guaranteed Offer' to give Northern Colorado homeowners more ways to sell their home
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Delta Media Group to Launch Independent Showing Service
The consolidation of industry influence into just a few hands is a concern all throughout the economy. Now, many real estate agents wonder if that worrying trend is coming to their neighborhood — literally. Over the last several months, property listing website Zillow has made aggressive moves to insert itself into many parts of the real estate value chain. News that it would hire its own agents was met with widespread dismay. Its efforts have continued with its acquisition of home showing platform ShowingTime. The $500 million deal will allow Zillow to integrate ShowingTime technology directly into its website. Users will be able to request a home showing from within Zillow. At the same time, real estate professionals from coast to coast will presumably lose access to ShowingTime unless they are working with Zillow. It is beyond doubt that Zillow is preparing to use its unprecedented industry visibility to take over many of the functions held by traditional real estate firms. In doing so, it raises the risk that there will be less competition and fewer small businesses that make communities so vibrant in the first place. In response, Delta Media Group will launch Local Showings, its own independent showing service. Delta Media Group Continues its History of Industry Partnership with Local Showings Delta Media Group is a family-owned company. Since 1994, we have worked to develop the best real estate technology in the business. Collaborating with others has been a cornerstone of our work and philosophy. As the industry builds and refines its technical standards, we have consistently been a part of the discussion. Over that time, we have worked with thousands of real estate agents, brokers, and other professionals from all around the country. Our team has received a remarkable amount of feedback over the last year from experts seeking new tools and capabilities to preserve the independence of their business. Local Showings is our newest initiative to empower and grow real estate brands. This new platform takes into account the needs of new and established real estate agents. During development, we polled the industry to understand precisely how our proposed system could be even better. 100% of the responses we received indicated support for a full-featured, independent showing service. As Local Showings enters the final testing and deployment phase, we will continue to listen carefully and respond to feedback. Local Showings has been a part of our blue sky development efforts for 10 years. With the real estate industry changing quickly, we believe now is the best time for it to deliver unique value. Local Showings Will Empower Real Estate Agents with Tools to Take on "The Big Guys" Local Showings will be a fully-featured, easy-to-use platform for managing property showings. Here's what you can expect: Schedule showings with ease, and receive quick assistance from our tech support team. Seamless onboarding so you can get to work fast and effectively, regardless of your skillset. A competitive price that lets you forgo Zillow without turning your pockets inside out. An independent showing service you can count on to be a reliable, long-term solution. With Local Showings, it will be easier than ever to schedule, create, and manage home tour experiences. Delta Media Group customers already benefit from Properties in Motion, our real estate video solution that enables voice-over videos and texting for a modern virtual tour. Delta Media Group's all-in-one solution for real estate relationship management combines rich features with ease of use. We believe in designing nimble, stable technology with a seamless entry into your existing workflow — so you can go forward with true confidence. Stay Tuned for More Updates While we haven't set a release date just yet, you can rest assured Local Showings will be ready for you and your clients soon. Delta Media Group strives to help you create memorable real estate experiences for the buyers and sellers in your community. To find out more about real estate digital marketing from the experts, contact us today. To view the original post, visit the Delta Media Group blog.
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Transactly Raises a Bridge Round, Adding Second Century Ventures and Other Strategic Investors
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Attract, nurture, and retain your ideal recruits seamlessly with IdealEstate, now part of kvCORE
Quick: how would you describe your IDEAL candidate? Every real estate professional knows recruiting agents is a relationship-based, personal process. It's also time-consuming – which is why you need a faster, easier way to recruit and retain the best talent in the industry. Now, Inside Real Estate has partnered with IdealEstate, the fastest-growing real estate networking portal on the market. kvCORE Platform was built to power your entire brokerage, and now it offers the agent attraction and candidate nurturing solution you need now. Using IdealEstate, you can tap into an incredible pool of 1M+ real estate professionals to nurture and manage those relationships within kvCORE. IdealEstate is the solution to a huge unmet need to digitize professional real estate professionals' referral networks nationwide. It's the first real end-to-end, seamless agent attraction and nurturing solution on the market that provides a seamless candidate journey from the top of the funnel all the way to your team or brokerage. "I did a double-take when I heard about how fast IdealEstate is growing," says Ned Stringham, CEO of Inside Real Estate. "They have tapped into a huge unmet need in the industry to digitize the referral networks of real estate professionals. Our customers will easily and dramatically expand new deal recommendations from their community networks because of this exclusive partnership. It's another tool we are delivering to our customers to help them win in a competitive market." What distinguishes IdealEstate from other products is the personal touch it allows to look at the people, not just the metrics, so there's a more significant benefit than just looking at the MLS. What's more, you can get up and running in five minutes. IdealEstate was designed to help you identify candidates and evaluate them based on your targeted "IDEAL" candidate, e.g., what kinds of homes they like to sell, how often they sell those homes, their network, and more. Using a point system based on activities and personality traits, IdealEstate lets you "set it and forget it" to automate the identification process. Your brokerage or team has visibility to see who's coming into kvCORE from the IdealEstate network, and he or she can be funneled straight to your kvCORE Platform. Then you intelligently nurture and engage with recruits through automated campaigns until the candidate is ready for a live conversation. You can view a demo of IdealEstate with Brody Saunders, CEO of IdealEstate. You need to own your recruiting process and put the value of your brokerage or team on display, and with IdealEstate, you can add a pitch and video to help candidates learn all about your brokerage or team, too. The best part? The time-consuming work to identify and nurture is off your plate. By leveraging Ideal Estate's referral network and Inside Real Estate's powerful SmartCRM and Marketing Autopilot features, kvCORE customers will have the ability to expand their network reach and gain access to new sources of deal-flow, and use intelligent automation to capture and nurture more deals effortlessly. IdealEstate is available as a Marketplace Add-On for kvCORE users. ‍Not a kvCORE user yet? Schedule a demo today and take your recruiting and business further. To view the original post, visit the Inside Real Estate blog.
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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
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Redfin Predicts It Will Become Less Expensive to Sell Your Home as Real Estate Commissions Become More Transparent
The average fee paid to buyers' agents was 2.7% in 2020; Real estate commissions are expected to decline as a federal legal battle ushers in a new era of transparency around real estate commissions SEATTLE, Feb. 25, 2021 -- Today Redfin, the technology-powered real estate brokerage, published an in-depth analysis on real estate commissions, giving consumers access to data that has historically been unavailable to them. Redfin's analysis found the typical U.S. home seller in 2020 paid the brokerage representing the buyer a commission equal to 2.7% of the sale price—down only slightly from 2.8% in 2012. Redfin expects fees will likely decline in 2021 and beyond as data on agent commissions becomes widely available for the first time. Real estate websites are now allowed to publish commission rates that homesellers offer to the broker who brings a buyer as the result of an antitrust settlement between the National Association of Realtors (NAR) and the Department of Justice (DOJ). Sellers will be able to see what other sellers are offering when they visit real estate websites, helping them make more independent and informed decisions. "When a homeowner can see that their neighbor offered a 2.5% buyer's agent commission rate, it makes it much easier to justify offering a similar rate when they sell their home," said Redfin Chief Economist Daryl Fairweather. Earlier this month, Redfin began displaying the buyer's agent commission for more than 700,000 home listings and plans to add more data as it becomes available. Redfin will continue to report on commission rates and how they change over time as part of its efforts to make the real estate industry more transparent for consumers. How Do Commission Fees Work? Most often in a home sale transaction, the seller pays the fees of both their agent and the buyer's agent. While commission rates are negotiable and vary, U.S. sellers typically pay 5-6% of the final sale price, which is split between the seller's agent and the buyer's agent. The DOJ settlement only impacts buyer's agent commissions, which are the focus of this report. A Red-Hot Housing Market Is Already Prompting Some Sellers to Offer Lower Commissions Today's hot housing market is accelerating the decline in commissions. Demand for homes is sky-high, with thousands of Americans moving and taking advantage of record-low mortgage rates during the coronavirus pandemic. At the same time, there aren't enough homes for sale, fueling fierce bidding wars. As a result, some sellers have realized that finding a buyer will be a cinch, regardless of the commission they offer to the buyer's agent. "I've been talking with some of my sellers about offering no more than 2.5% given the lack of inventory," said Sylva Khayalian, a Redfin real estate agent in Los Angeles. "There's such a huge shortage of houses for sale that most homes will attract a long line of eager buyers no matter what. As a result, many sellers feel they don't need to compensate the buyer's agent as much for that part of the process." iBuyers Pave the Way for Lower Commissions Homes are increasingly being sold by thrifty businesses like iBuyers instead of individual sellers' agents. The term "iBuyer" (short for instant buyer) is used to describe a real estate company that purchases houses from homeowners in quick cash transactions, makes any necessary improvements to the homes, and then resells them. When an iBuyer resells a home, it pays a commission to the buyer's agent, just like an individual home seller does. The average commission rate paid by iBuyers dropped to 2.5% in 2020 from 2.8% in 2019 as these companies experimented with paying lower fees to trim costs. RedfinNow, Redfin's iBuying business, has experimented with offering lower commissions to buyers' agents when it sells homes. On more than 70% of its new listings this year, RedfinNow has offered 0.5% less to the buyer's agent than it has historically, according to RedfinNow Vice President Jason Aleem. "So far, offering a lower commission has not impacted our ability to attract buyers and sell homes for top dollar. Paying lower commissions means we can make even stronger offers to homeowners who request a cash offer from RedfinNow," Aleem said. "We're excited to share this strategy with our brokerage clients, who can hopefully save a chunk of change when they sell their home with a local Redfin agent." In many of the top iBuyer markets last year, iBuyers paid lower commissions to buyers' agents than individual sellers did. In Phoenix, iBuyers paid 2.6% on average, while individual sellers paid 2.8%. When the DOJ settlement goes into effect and sellers can see what other sellers—including iBuyers—are paying in commissions, many of them may opt to pay a lower fee as well. "iBuyers may have started the trend of offering lower commissions, but other sellers will follow," said Sabrina Archolecas, an asset manager for RedfinNow in Texas. Commission Summary By Metro Area 50 largest metros by number of home sales in 2020. Data* represents all homes sold in a given metro, including those sold by iBuyers and homebuilders. To read the full report, please visit: https://www.redfin.com/news/real-estate-commissions-2021 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.
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eCommission Launches Access: An Innovative Way for Real Estate Agents to Pay for Goods and Services
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Jack Conway introduces 'Conway Seller Select' to give Boston area homeowners 'the most choices' to sell their homes
Conway Seller Select delivers instant all-cash offers and buy-before-you-sell options BOSTON - February 23, 2021 -- Jack Conway, the No. 1 independent family-owned and operated real estate company based in Massachusetts, introduces Conway Seller Select to give local homeowners "the most choices" available to sell their homes. Conway Seller Select helps agents provide local homeowners with all the newest selling choices, including instant all-cash offers from iBuyers, and one of the hottest new solutions for sellers, a buy-before-you-sell choice from Bridge providers. One of America's top-ranked real estate brokerages and Massachusetts leader, Jack Conway has more than 700 agents in over 29 locations statewide. Headquartered in Boston, Jack Conway serves communities throughout the North Shore, MetroWest, Cape Cod, and the South Coast of Massachusetts. "For the first time, homeowners can receive multiple offers on their homes with the push of a button," said Al Becker, Executive Vice President/COO of Jack Conway. "Most importantly, now more than ever, sellers need the guidance of a trusted agent to walk them through all of their selling choices." "At Jack Conway, we believe that every homeowner deserves superb representation no matter what choice they make. We help those thinking about selling assess the surety, speed, convenience, and—of course—financial benefit of all selling opportunities," he added. Powered by zavvie, Conway Seller Select offers three primary seller choices. Instant sale offers help homeowners with properties in good condition within a targeted price range receive an all-cash offer from an iBuyer. Homeowners also can 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. And Jack Conway agents help homeowners sell on the open market, the most popular choice, often resulting in the seller's highest sales price and net proceeds. "Jack Conway is changing how Massachusetts homeowners will sell their homes today and tomorrow," said Lane Hornung, zavvie co-founder and CEO. "By offering the newest choices – iBuyer and Bridge – they are leading the marketplace by providing all options available to sell a home, along with the guidance and expertise of a trusted, knowledgeable, local agent." "The biggest challenge for real estate today is inventory, and Conway Seller Select helps homeowners who are stuck. The new Bridge choice allows you to buy your new home before you sell your current one. That's what is keeping many homeowners from selling today. And by making sure that a Jack Conway real estate agent helps walk sellers through every choice, they are giving consumers what they are asking for," added Hornung. More details about Conway Seller Select are here or at jackconway.com. About Jack Conway & Company Jack Conway & Company is the #1 independent family-owned and operated real estate company based in Massachusetts, providing best-in-class service to home buyers and sellers across Conway Country. With nearly 30 offices and 700 agents, Conway covers the 4,000 square miles of Eastern Massachusetts that is Greater Boston, North Shore, South Shore, South Coast, and Cape Cod. Consistently ranked among the top real estate brokerages in the country, and top places to work locally, Jack Conway & Company had a record-breaking year with $1.13 billion in sales in 2020. To learn more, visit www.jackconway.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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Redfin Announces Agreement to Acquire RentPath for $608 Million
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zavvie and Fathom Realty Join Forces to Offer New Residential Real Estate Service for Consumers: 'Fathom Offers' by Fathom Realty
Gives Homeowners Powerful Options to Quickly Sell their Homes BOULDER, Colo., Feb. 16, 2021 -- zavvie, the first end-to-end real estate brokerage platform that offers the full spectrum of selling solutions, and Fathom Holdings Inc. (Nasdaq: FTHM), a holding company that primarily operates through its wholly owned subsidiary, Fathom Realty, LLC, a national, cloud-based, technology-driven, residential real estate brokerage, today announced that the companies will work together to power "Fathom Offers," a service that lets homeowners receive and compare multiple offers for their homes. Selling a home involves crucial decisions, starting with "What's the best way to sell?" Homeowners want the help of a qualified real estate professional, but many real estate agents limit themselves to traditional selling options. With Fathom Offers, powered by zavvie, agents will have access to additional home selling alternatives, including attracting iBuyers and providing "buy before you sell" solutions. iBuyers are qualified homebuyers, typically technology companies, that purchase homes for cash in as little as two weeks, without touring a property or attending an open house. "Buy before you sell" is a bridge option that allows homeowners buy their next home before selling and moving out of their current home. "zavvie's custom, centralized selling solutions platform helps connect agents, home sellers and selling solution providers. Our partnership provides Fathom agents with additional technology tools that allow their clients to receive multiple offers on their homes with the push of a button," said Fathom CEO Joshua Harley. "As we continue to focus on ensuring Fathom agents are set up for success, we are committed to bringing them a robust suite of products and services to help increase their productivity." "We are excited to partner with Fathom to help their agents generate more seller leads and win more listings," said Lane Hornung, zavvie co-founder and CEO. "We built zavvie for brokerages like Fathom Realty, an agent-centric brokerage putting modern agents at the center of every sale. Consumers want to quickly sell their homes at the best price. With multiple options for home sellers in today's market, Fathom Offers simplifies the process and gives agents the tools they need to sell more homes and grow their businesses." About Fathom Realty Fathom Holdings Inc. is the parent company of Fathom Realty Holdings, LLC, a national, virtual, full-service real estate brokerage that leverages proprietary cloud-based software called IntelliAgent to operate a Platform as a Service model (PaaS) for the residential real estate industry. Fathom offers real estate professionals 100% commission, small flat-fee transaction costs, support, technology, and training, all powered by best in class operational efficiencies. For more information visit www.fathomrealty.com. About zavvie Zavvie is a technology company that is empowering the modern agent by making it easy to provide all selling options: iBuyer, Bridge, and Open Market through our proprietary Offer Optimizer™ Suite. 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. Cautionary Note Concerning Forward-Looking Statements This press release contains "forward-looking statements," including, but not limited to, growing Fathom Holdings' agent network and helping increase agents' productivity. No assurance can be given that Fathom Holdings will be successful in these endeavors. Forward-looking statements are subject to numerous conditions, many of which are beyond Fathom Holdings' control, including: risks in effectively managing rapid growth in its business; risks associated with making and integrating acquisitions; reliance on key personnel; technology risks; competitive risks; and the others set forth in the Risk Factors section of Fathom Holdings' registration statement for its initial public offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. Fathom Holdings undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
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Leaders at Top Mortgage Lenders and Real Estate Brokerages Predict the FaceForward Advertising Trend Will Continue in 2021 and Beyond
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kvCORE Platform Earns Fastest-Growing Software Product by G2
Inside Real Estate is thrilled to announce that our flagship product, kvCORE Platform, has earned a top spot on G2's exclusive list of Top 100 Fastest-Growing Software Products worldwide. G2 is the world's largest tech marketplace, and their Best Software Awards rank the world's top software companies based on 1,260,000+ authentic, timely reviews from real users. kvCORE ranks 29th among leading software companies like Gong, Zoom, Slack, SEMrush, Canva, and Salesforce. Inside Real Estate's kvCORE Platform is the only real estate technology solution that earned a spot on the list. "We're incredibly excited to be among such a prestigious list of companies," said Joe Skousen, CEO of CORE Division at Inside Real Estate. "Our goal is to use technology to dramatically enhance the experience of real estate professionals and consumers across the entire home transaction cycle, and earning this spot on G2's list is a testament that we're on the right track." With over 60,000 software companies on G2, Inside Real Estate's kvCORE continues to be the top-ranked platform in the real estate vertical. Inside Real Estate's CORE BackOffice also ranks among the top Brokerage Management Products utilized by real estate professionals. Built on a modern, scalable, and flexible architecture, kvCORE enables every brokerage to create their unique technology ecosystem through custom branding, robust integrations, and high-quality add-on solutions. With an accomplished leadership team and over 225 employees, Inside Real Estate brings the resources, scale, and vision to deliver ongoing innovation and success to their growing customer base. We invite you to read authenticated reviews by real kvCORE users on G2 or catch a demo of kvCORE now. To view the original post, visit the Inside Real Estate blog.
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MooveGuru Acquires HomeKeepr's Client Engagement Platform
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HomeLight and NAREB Launch the Black Real Estate Agent Program to Support Aspiring Black Agents
Program is the first of its kind in the United States, providing financial, educational, and career support for aspiring Black real estate agents to help them achieve high-production success. SAN FRANCISCO (FEBRUARY 09, 2021) -- HomeLight, the real estate technology platform that empowers people to achieve better outcomes when buying or selling their home, announced today the launch of the Black Real Estate Agent Program in partnership with the National Association of Real Estate Brokers (NAREB), the largest and oldest minority professional real estate trade association in the United States. The HomeLight-NAREB Black Real Estate Agent Program — the first program of its kind in the United States — will provide financial, educational, and career support for aspiring Black real estate agents across the country, helping them achieve high-production success. According to the latest U.S. Census Bureau data, Black Americans represent less than 6 percent of all real estate professionals. The HomeLight-NAREB Black Real Estate Agent Program will seek to increase the number of top-producing Black agents in real estate, with the ultimate goal of helping improve the rate of homeownership for Black Americans across the country. As part of the program, HomeLight and NAREB will help cover many of the onboarding costs for new agents up to $5,000, including pre-licensing classes, agent exams, and select marketing and technology needs. Each program participant will be paired with an experienced NAREB Realtist who will serve as a mentor and advisor. Participants will also receive ongoing training and education above and beyond that which brokers typically provide. "Our goal is to drive sustainable, structural change by increasing access to job opportunities as well as education around how systematic racism has impacted the real estate industry," said Sumant Sridharan, Chief Operating Officer at HomeLight. "We're excited to partner with NAREB to offer this program to aspiring Black real estate professionals. Together, we believe we can fundamentally shift diversity and equality in our industry by increasing access to training, education, and support for Black real estate agents." "NAREB applauds and welcomes the partnership with HomeLight. Our association's goal to achieve Democracy in Housing cannot be reached without the increase in the ranks of Black real estate professionals. Agents are the frontline and introduce homeownership to prospective clients. We are confident that this new program will not only equip Black American program participants with the knowledge and practical experience to become top producers in their communities, but also significantly expand Black homeownership in their communities," said Lydia Pope, President-Elect at NAREB. Applications are open immediately. HomeLight and NAREB are actively seeking aspiring Black real estate professionals who are: Between the ages of 18 and 35 Interested in a career in real estate, but not currently established as an agent Willing to work with a NAREB broker during at least their first year in real estate Committed to spending five to ten hours per week working with mentors or on continuing education Located anywhere in the United States "In the aftermath of the racially stoked unrest in 2020, NAREB and HomeLight formed a working partnership to increase the number of Black Americans in the real estate profession. This initiative works to close the income and racial wealth gap in the industry. As important, our efforts are designed to increase Black homeownership. Together, we're holding open the door that would otherwise remain closed to Black professionals and consumers," said Antoine Thompson, National Executive Director for NAREB. For more information and to sign up, visit https://www.homelight.com/black-agent-program About HomeLight HomeLight is a real estate technology platform powering the best real estate agents in the United States, building the future of how people buy and sell homes. HomeLight provides a variety of software and services to home buyers, sellers, and real estate agents at every step throughout the real estate journey, from finding a top real estate agent, to accessing a network of cash buyers through HomeLight Simple Sale™, and providing innovative financing solutions through HomeLight Trade-In™. Each year, HomeLight facilitates billions of dollars of real estate on its platform. HomeLight is headquartered in San Francisco and has offices in Manhattan, Scottsdale, and Seattle. For additional information and images, visit https://www.homelight.com/press. About the National Association of Real Estate Brokers The National Association of Real Estate Brokers (NAREB) was formed in 1947 to secure the right to equal housing opportunities, regardless of race, creed, or color. NAREB has advocated for legislation and supported or instigated legal challenges that ensure fair housing, sustainable homeownership, and access to credit for Black Americans. At the same time, NAREB advocates for and promotes access to business opportunity for Black real estate professionals in all of the real estate disciplines. NAREB annually publishes the State of Housing in Black America (SHIBA) report. For more information, visit https://www.nareb.com.
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Matterport Announces Proposed Business Combination with Gores Holdings VI
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Lone Wolf Rolls Out SIGNiX's eNotaryDoX to Millions of Real Estate Professionals
Expanded partnership provides North American realtors and their clients with access to state-of-the-art RON technology CHATTANOOGA, TENN. (FEBRUARY 03, 2021) -- Lone Wolf Technologies ("Lone Wolf"), the North American leader in residential real estate software, today announced its expanded partnership with SIGNiX, the largest digital signature provider in North America. More than 1.4 million realtors using Lone Wolf and their clients will now have access to SIGNiX's Remote Online Notary (RON) technology. "At Lone Wolf, we are dedicated to providing realtors with everything they need to run and build their business, and the addition of SIGNiX's eNotaryDoX helps us fulfill that mission," said Lone Wolf CEO Jimmy Kelly. "Now more than ever, it's critical for realtors to have the necessary tools to work remotely. SIGNiX's state-of-the-art solutions provides our realtors and their clients with access to secure and reliable technology, regardless of their location." SIGNiX's eNotaryDoX provides notaries with the ability to notarize documents remotely and safely, through its patented digital signature technology. The partnership provides Lone Wolf realtors and their clients with access to unlimited copies of notarized documents, identity authentication, digital signatures, video recording, and a secure e-journal to track all entries. For more than 10 years, Lone Wolf users and their clients have had access to SIGNiX's digital signatures. "We are grateful for Lone Wolf's ongoing partnership, and for the opportunity to provide millions of realtors and their clients with access to eNotaryDox," said SIGNiX CEO Jay Jumper. "SIGNiX's technology was designed with realtors in mind, and it has been proven to help realtors efficiently service their existing client base, while growing their businesses organically." 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 in Cambridge, ON and Dallas, TX. For more information, please visit http://www.lwolf.com. About SIGNiX SIGNiX was founded with a mission to bring safe, secure digital signatures and eNotary solutions to highly regulated industries, including real estate, title, wealth management, financial services, government healthcare and life sciences. SIGNiX owns eight patents and is the largest cloud-based digital signature provider in North America.
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Veea Collaborates with Bring It Home Communities and Realty Times to Develop Virtual Offices for Real Estate Agents and Brokers
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RE/MAX Home and Land Launches the Adwerx Enterprise Automated Advertising Platform
All agents at the firm will receive a personalized retargeting campaign, while all property listings receive a customized advertising campaign Adwerx, the leading provider of localized digital advertising for over 200,000 real estate agents and brokers has launched online listing and retargeting advertisements for RE/MAX Home and Land, providing all of its agents with a solution to build their brands and market their properties to consumers who are spending time online. This is in addition to the free week of listing ads the firm already receives as part of RE/MAX's corporate deal with Adwerx. With this service, digital ads for new listings launch when a property is publicly listed, and appear on popular websites including CNN and ESPN, as well as local news outlets and social media sites. These advertisements contain a listing photo, agent contact details, brokerage branding, and a link to the listing, and are easily customizable. Agents at RE/MAX Home and Land will recieve a two-week campaign as part of this extension deal. By combining these ads with traditional marketing efforts, agents are able to reinforce their local brand and maximize the visibility of each listing. The Adwerx Enterprise Automated Advertising 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 and reminding that prospect of the agent whose page they recently visited. "Our top priority is to give our agents a leg up in their local market," said Joe Pitzer, Owner at RE/MAX Home and Land. "By investing in additional digital advertising and marketing on their behalf, our agents can focus on acquiring and selling more listings and serving their clients, so it's a win for everyone." The Adwerx Enterprise Automated Advertising Platform launched in 2017 and has seen rapid adoption with many of the country's largest and most forward-thinking brokerages. The platform makes digital advertising easily accessible and effective for real estate brokerages by providing agents with ads that are targeted by browsing behavior and geography, giving clients confidence in knowing their homes are receiving exposure beyond traditional listing sites – ultimately boosting the productivity of top performers. Agents directly benefit when their firms provide this technology, winning 35% more listings compared to agents who don't have automation provided by their brokerage. To learn more visit enterprise.adwerx.com. About RE/MAX Home and Land Whether you are buying or selling a home or just curious about the local market, our RE/MAX® agents are dedicated to making your real estate experience memorable and enjoyable. Our agents live, work and serve in our local communities and have the experience to get the job done in today's market. In addition to exceptional marketing strategies to help you sell your home quickly, we offer the latest technology to make the process of finding a home easier than ever. You will gain access to cutting-edge map search technology, our state-of-the-art mobile app, current market stats, and more. We are eager to be your local resource for finding the home of your dreams. We would love the opportunity to connect you with the right agent for your unique needs. Learn more at pullmanhomeandland.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. 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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RealtyTech Expands Partnership Program with IDX Broker to More Cities in the USA
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Rental Beast study shows industry is bracing for "a multi-million-dollar impact"
Largest source of rental listings offers alternative as major portal now charges for each listing SOMERVILLE, MA, JANUARY 20, 2021 -- Real estate agents, teams, brokerages and multiple listing services (MLSs) nationwide are beginning 2021 with astonishment: The highest-traffic real estate website announced January 12 that it will no longer publish rental listings provided by local MLSs. Instead, every agent, team, brokerage and MLS must use its proprietary platform and pay $9.99 per listing, per week, to appear on Zillow. A new study from Rental Beast, the largest rental listing data provider with nearly nine million rentals nationwide, estimates the real estate industry's annual economic impact could easily run in the tens of millions of dollars collectively. Ishay Grinberg, founder and CEO of Rental Beast, notes, "Rental Beast estimates the new costs to a small MLS and its subscribers could be over $100,000 a year. For a large MLS, the new costs could be north of $6.5 million – per year. There are some 600 MLSs nationwide, and if just the largest ones adopt this new pricing scheme, the total economic impact on the real estate industry will run in the tens of millions, if not hundreds of millions of dollars." Additionally, Zillow is now a licensed broker in many states, so some agents and brokers are hesitant to share their exclusive rental listing with a perceived direct competitor and paying to do so to boot. "The good news is that Rental Beast is a better alternative for real estate agents and landlords to list rentals," said Grinberg, "and because our client is the MLS, everything is accessed through the MLS instead of a proprietary platform." Ronald Nordgren, a leasing consultant with Infiniti Properties in Homewood, Illinois was blunt. "Paying Zillow is nuts, and I don't really need to," Nordgren said. "I closed 95 leases using Rental Beast last year and was the number one agent for rentals out of more than 200 agents at Infiniti." For J.R. Alexandre, an Ethanmour Realty agent serving Boynton Beach, Florida, Rental Beast was a "game changer." "I could save so much time using the platform," says Alexandre. "With Rental Beast, I can find the exact property a client wants. I save time, and I don't spin my wheels doing paperwork." Dallas, Texas-based agent Sandra McKimmey with Better Homes and Gardens Winans Real Estate markets her listings on Facebook Marketplace through Rental Beast. Although she's only used Rental Beast for a few months, it already has paid off. "Most of my listing only took a couple of hours to close. I was able to receive a 100% commission ($1400), which more than covers my entire investment with the platform," McKimmey said. Grinberg notes Rental Beast provides MLSs a seamless integration to help its agents and brokers safely and securely monetize an estimated $12 billion available in annual leasing commissions. As the leading source of rental listings on Facebook Marketplace, Rental Beast delivered more than 263,000 potential leads to real estate agents and landlords in 2019. According to Facebook, Rental Beast provided 54 percent more leads per listing generated than other online listing services. "Our all-in-one solution provides a powerful suite of tools not offered by Zillow or similar listing platforms," he added. Unlike Zillow, which is limited to consumer search, Rental Beast provides enhanced agent search detailing agent commissions, rental concessions, co-operation, financial requirements, and more. Additionally, Rental Beast captures landlord renter's insurance requirements, then pairs the information with preferred rates from Liberty Mutual. Grinberg also points to Rental Beast's advanced rental AVM (Automated Valuation Model) as a significant competitive advantage, which encompasses 50+ data points culled from nearly nine million "rigorously maintained" rental listings. "Rental income is being attacked," said Grinberg, "and we have seen this pattern before. Rental Beast is offering an MLS/Agent driven solution that could save the real estate industry millions and millions of dollars." Rental Beast notes that in 2017, when Zillow acquired StreetEasy, Zillow charged real estate agents to keep their listings. Over the next two years, Zillow doubled its pricing for agents. "The bottom line: if you are an MLS, a brokerage, a team, or an individual agent needing a better rental listing solution, we invite you to learn how Rental Beast can help you grow your business and provide more value to you and your clients." About Rental Beast Rental Beast, the largest rental listing data provider with nearly nine million rentals nationwide, is an end-to-end SaaS platform empowering real estate professionals with powerful productivity tools. Sourced directly from property owners, updated in real-time, and offering a fulfillment-grade rental dataset, the Rental Beast database, directly and in partnership with local Multiple Listing Services, provides real estate professionals with an unparalleled view of all properties and owner types. For more information, visit rentalbeast.com.
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Elm Street Technology Acquires Flow ROI, Bringing Transaction Management Capabilities to Elevate
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The Jills Zeder Group Becomes One of the First Real Estate Teams in the U.S. to Sell More than $1 Billion in Just One Year
MIAMI, Jan. 8, 2021 -- In 2020, The Jills Zeder Group exceeded $1 billion* in sales, becoming one of the first real estate teams in the nation to reach this milestone in just one year, according to REAL Trends data for non-team owned brokerages from 2015–2019. This extraordinary achievement breaks all of The Jills Zeder Group's records and solidifies its position as the foremost expert in South Florida luxury real estate. The Jills Zeder Group sold over 180 transaction sides and listed more than 160 properties, including both single family homes and condominiums, in 2020. The Jills Zeder Group is affiliated with Coldwell Banker Realty in Florida and the Coldwell Banker Global Luxury International Luxury Alliance. The overall state of the housing market in 2020 led to a mass exodus of buyers from big cities across the U.S. to South Florida, and The Jills Zeder Group elevated its services to lead the movement to work with these clients, both locally and remotely. Despite the COVID-19 pandemic leading to uncertainty in international transactions and a housing shortage in Southeast Florida, The Jills Zeder Group thrived in 2020. They harnessed a hot, rebounding real estate market to assist urbanites experiencing lockdown orders who were looking to relocate to South Florida.Members of The Jills Zeder Group continue to close many high-profile deals and utilize their impressive marketing approach and technology to close deals on a fully remote basis when needed. Some of The Jills Zeder Group's impressive sales throughout 2020 included stunning properties in Indian Creek Island, Gables Estates, Coral Gables, Coconut Grove, Cocoplum, Snapper Creek, Hammock Lakes, Ponce Davis, Pinecrest, Miami Beach, Fisher Island, Star Island, La Gorce Island, Sunset Islands, and Palm Beach. In June 2020, the REAL Trends America's Best Real Estate Professionals report recognized The Jills Zeder Group as the No. 1 large team in Miami, No. 1 team in Florida and the South, and No. 2 large team in the U.S., based on 2019 sales volume. This was based on The Jills Zeder Group achieving $644,315,108** in closed sales volume / 148.30 closed transaction sides in 2019, within the "Teams of 11+" category. The Jills Zeder Group, a powerhouse team of real estate experts, continued to expand in 2020 and unveiled a sleek rebrand, mirroring the group's evolution and standing as the leader in Miami-Dade luxury real estate. The new green and white logo featuring three palm trees represents The Jills Zeder Group's three families: Jill Hertzberg and her children Danny Hertzberg and Hillary Hertzberg, sisters Jill Eber and Felise Eber, and Judy Zeder and her children Nathan Zeder and Kara Zeder Rosen. "The Jills Zeder Group is a team of consummate professionals who represent the very best in our industry. They excel because they are talented, knowledgeable and provide superior customer care and expert market intelligence. We celebrate and congratulate them on this remarkable milestone," said M. Ryan Gorman, president and CEO of Coldwell Banker Real Estate. "I am so grateful that in this difficult year our team was able to achieve over $1 billion in sales, which is one of our greatest accomplishments. Being one of the first real estate teams in the U.S. to reach this goal, we are extremely proud of our achievement, which is the result of decades of hard work, in-depth knowledge of the South Florida luxury real estate market and providing world-class service to all the incredible clients that we have been so fortunate to work with and have made this record year possible for us," said Jill Eber of The Jills Zeder Group. "The year 2020 was a unique year with great challenges, but also with a very strong luxury market in South Florida. We thank all those who worked with and trusted us to keep them safe during the pandemic. We relied fundamentally on regular and extensive virtual meetings among the team members, to ensure our clients' needs were being met in a timely and effective manner. We are humbled and grateful to have achieved sales for the year in excess of $1 billion," said Judy Zeder of The Jills Zeder Group. About The Jills Zeder Group The Jills Zeder Group, affiliated with Coldwell Banker Realty, is comprised of three families, all of whom are major players in the luxury residential real estate business. These families include Jill Hertzberg, Jill Eber and Felise Eber; and Hertzberg's children Danny Hertzberg and Hillary Hertzberg; and Judy Zeder and her children, Nathan Zeder and Kara Zeder Rosen. Prior to The Jills Zeder Group's formation in 2019, the families closed a combined total of more than $5 billion in real estate sales, including collaborating on multiple luxury sales in the Coral Gables market. With offices in Miami Beach and Coral Gables, The Jills Zeder Group specializes in high-end, multimillion-dollar luxury properties in South Florida's most elite enclaves, representing celebrities, Fortune 500 executives, and a diverse international clientele. They offer incomparable knowledge and services to luxury real estate clients. For more information and to contact The Jills Zeder Group, visit JillsZeder.com. About Coldwell Banker Realty Coldwell Banker Realty in Florida is a leading residential real estate brokerage company with approximately 80 offices and over 7,000 affiliated sales associates. Coldwell Banker Realty is owned by a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States. Visit ColdwellBankerHomes.com. *Sales data according to MLS records from 1/1/2020–12/31/20. **Total volume figure includes both MLS and off-market residential transactions from 1/1/2019–12/31/2019.
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Elm Street Technology Acquires VoicePad to Expand Offerings and Accelerate Growth
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Adwerx Announces 79% Growth in Customers in 2020, Despite Pandemic
Company Plans to Grow Headcount by 20% in Q1 2021 DURHAM, N.C., Dec. 29, 2020 -- Adwerx, a leading provider of hyperlocal, personalized, and custom automated advertising services, is reporting strong growth in Q3-4 amidst the economic volatility that has plagued many businesses since March. This continued growth speaks to the significant market opportunity and increasing demand for their Enterprise-level Advertising Automation as a Service. The company will ramp up hiring in the new year to accommodate the expansion. Earlier this year the company announced plans to move to a flexible work arrangement for employees moving forward, so interested candidates can be based anywhere within the United States. Beginning operations in 2013, Adwerx was founded with the concept of leveling the playing field for businesses of all sizes through scalable, automated digital advertising. After experiencing tremendous success in real estate, Adwerx set sights on the mortgage, financial services, and franchise verticals. Today, 25% of the top 1000 real estate firms, and 15% of the top mortgage lenders utilize the Adwerx platform. This includes some of the most respected brands in real estate, mortgage and insurance, including Berkshire Hathaway HomeServices, Prosperity Home Mortgage, and We Insure. Through a relentless focus on customer success and product innovations, Adwerx has become the trusted digital ad platform for more than 200 well-respected brands. "Despite all of the turmoil that occurred around the world over the past nine months, the silver lining for Adwerx has been the acceleration of the digital economy. Adoption at this scale may otherwise have taken years, but we provide a critical technology for our customers to survive in this new environment, reaching consumers online and on streaming TV, where viewership has skyrocketed. As a result, we have emerged as the essential automated advertising platform," said Jed Carlson, CEO of Adwerx. Over the years, Adwerx has evolved to offer a full service, hyperlocal, custom targeted solution that provides brand-locked advertising across social media, streaming TV, and top websites. The focus has expanded from individual retail to Enterprise technology, which poised the company to be a timely solution in 2020 as the business world went digital seemingly overnight. To help facilitate this tremendous growth, Adwerx is making a commitment to expand headcounts across the company, growing the sales team to bring on new customers, and the engineering team to build out new products. Additionally, earlier this fall Adwerx announced a location-flexible work arrangement for employees, offering the option to work remotely or from the home office in Durham on a flexible schedule once the office is reopened. This decision honors the company's dedication to its team and to embracing growth, while allowing the company to expand its talent search beyond the Triangle market. "The successes Adwerx achieved this year were all the more meaningful given the challenges 2020 has presented," Carlson continued. "Our growth is more than a story of succeeding amidst a global pandemic and signing new customers - it's a testament to the unwavering commitment seen by our employees to offer the best products and services that outpace the competition. I couldn't be more proud of the exceptional work accomplished by the team, and look forward to seeing our team grow in the new year." To learn more about Adwerx, and to apply for one of their open positions, visit www.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, 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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eXp Realty Surpasses 40,000 Real Estate Agents Globally on Its Immersive Cloud-Based Platform
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Zavvie and Samson Properties unlock iBuyer and bridge access for more local homeowners with new seller platform
BOULDER, Colo. - December 21, 2020 -- Homeowners in the Washington, D.C., metro area are about to gain access to a wealth of knowledge about their biggest financial asset — their house — and better understand all of their options when the time comes to sell. For decades, homeowners wanting to sell their home either worked with a real estate agent or attempted to list and sell a property on their own. Today more than ever, homeowners crave the help of a real estate professional — and they'll need it, as there are more options when selling a home than ever before. zavvie, the first end-to-end real estate brokerage platform offering the full spectrum of selling solutions, is helping Samson Properties bring iBuyer and bridge "buy before you sell" options to more homeowners across Northern Virginia, Maryland and Washington D.C. to see every selling choice. Samson Properties is one of the nation's largest independently owned real estate brokerages and home to more than 3,700 Realtors working out of its 30 offices. Known for its family-driven company values and an empowering and supportive atmosphere, Samson Properties is headquartered in Chantilly, Virginia, and ranked as the third-largest real estate brokerage in the Washington, D.C., metro area by Washington Business Journal; it's the 52nd-largest brokerage in the nation per REAL Trends. "Home sellers want to see every option available today," said Donny Samson, broker-owner at Samson Properties. "Selling a home is getting more complicated, and homeowners want — and need — a trusted agent. This is another way Samson Properties provides its clients individual attention and unparalleled professionalism." By leveraging the new zavvie platform, Samson agents are able to help homeowners navigate the ins and outs of an iBuyer offer, or provide sellers with innovative solutions when they want to buy their next home before selling and moving out of their current one. The platform also shows homeowners clearly that if they want to expose their home to the greatest number of buyers, listing their home on the open market remains the best option. Samson Properties agents remain at the center of every transaction to help homeowners consider and compare all of their selling options, while providing guidance and expertise throughout the process. By teaming with zavvie, Samson Properties is tapping into the first and most powerful selling solution platform used by leading real estate brands nationwide; it connects agents, home sellers, and selling solution providers. "Agents love working with Samson Properties because of its stellar commitment to providing the best tools to help meet individual client's needs," said Lane Hornung, zavvie co-founder and CEO. "Giving their sellers every option available today helps them deliver on that promise," he added. About Samson Samson Companies LLC, the most Realtor-friendly company in the industry, is an independently owned real estate brokerage operating as Samson Properties and Samson Commercial Properties. Home to over 3,700 Realtors working out of its 30 offices across Northern Virginia, Maryland and Washington D.C. This year Samson will close over 12,000 transaction sides for over $5.5 billion in volume. Samson is headquartered in Chantilly, VA. Areas of specialty include residential sales and leasing, land, investment properties, short-sales, foreclosures/bank-owned REOs, and commercial sales & leasing. Affiliated brand services include Samson Luxury Homes Division, Samson Property Management LLC, and Cardinal Title Group LLC, a full-service title/settlement company. Samson Properties was recently ranked the third-largest brokerage in the Metro D.C. Area by Washington Business Journal and ranked as the 44th largest brokerage in the nation by REAL Trends. Learn more at samsonproperties.net with agent information at joinsamson.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 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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Despite COVID, Delta Media Hits Record Growth in 2020, Poised for a 'Breakout' Year in 2021
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LeadingRE Names SmartSetter to Solutions Group
SmartSetter's recruiting system supports brokerage growth. CHICAGO - December 11, 2020 -- Leading Real Estate Companies of the World has selected SmartSetter recruiters for its Solutions Group program, a collection of preferred business resources curated for its network of 550 real estate firms. SmartSetter is a recruiting system engineered to power brokerage growth. SmartSetter's professional appointment setters reach out to hundreds of monthly local prospects on the brokerage's behalf, making introductions only to experienced candidates who are interested in learning more about joining their client's company. With over $10 million invested in research and development, the system boasts a success rate that includes over 17,000 recruitments in its 10-year history. "By filling their recruiting pipeline with the most qualified, interested candidates, SmartSetter saves growth-minded brokers valuable time. Even more importantly, their strict emphasis on quality allows brokers and managers to spend their time on the candidates who are more likely to be aligned with the brokerage's culture, and ultimately to sign," said LeadingRE Director, Sales and Business Development Jeff Kennedy. "We focus carefully on the quality of each one of our client relationships, rather than just the quantity. We found a perfect alignment with LeadingRE because they share this philosophy. That's why we're thrilled to be joining their Solutions Group and to be working alongside some of the best-run companies in the real estate world. It's a natural fit," said Chief Client Officer Shaun Nilsson. Learn more about SmartSetter at smartsetter.io. Learn more about Leading Real Estate Companies of the World® at LeadingRE.com. About SmartSetter With over 17,000 recruitments and 10 years in the growth business, SmartSetter's professional appointment setters power the recruiting pipeline for the largest and fastest-growing companies in the real estate world. Learn more at smartsetter.io. 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 135,000 sales associates in 70 countries. In 2019, network members participated in over 1.1 million global transactions and achieved $257 billion in U.S. home sales volume among the top 500 U.S. firms. LeadingRE supports its members with powerful connections to other market leaders and access to innovative, performance-driven programs.
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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
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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
Acquisition will bolster the digital experience for buyers and sellers and keep agents and brokers at the center of the transaction CAMBRIDGE, ON - December 8, 2020 -- Lone Wolf Technologies ("Lone Wolf") is thrilled to announce that it has completed the acquisition of W+R Studios, a top provider of digital technology for real estate agents. The acquisition will add W+R Studios' suite of solutions, including its competitive market analysis tool, Cloud CMA, to LoneWolf's Agent, Broker, and Association Cloud suites. With these expanded technology suites, Lone Wolf will further its mission to help real estate agents and brokers across North America provide a complete—and completely digital—experience for their buyers and sellers and reinforce their critical role in a rapidly evolving industry. "This is an important time in the evolution of the real estate industry," said Jimmy Kelly, CEO of LoneWolf. "The pandemic has forced the industry to re-evaluate how it serves consumers and has driven the accelerated adoption of technology. It's now more important than ever for agents to provide a superior digital experience to their clients and for brokers to give them the tools they need to do so. That's why we're so excited to add W+R Studios to the Lone Wolf family. Together, we'll form an unprecedented suite of digital technology for the real estate industry and ensure that agents—as well as their brokerages, MLSs, and associations—remain the cornerstone of all real estate transactions in North America." W+R Studios provides solutions to over 500,000 licensed users across the U.S., a diverse group that includes brokers, boards, MLSs, and individual real estate agents. The company's award-winning suite, which includes Cloud CMA, Cloud Streams, Cloud MLX, and Cloud Attract, is purpose-built to help real estate agents be more efficient, win more business, inform buyers about new listings, and connect customers with agents within the area. "We chose Lone Wolf because they matched our vision of helping agents and brokers succeed by keeping them in the center of the transaction," said Greg Robertson, co-founder of W+R Studios. "Lone Wolf has been a leader in the idea of giving their customers more choices by making sure all software works well together." Lone Wolf provides industry-leading solutions for forms, transaction management, eSignature, back office and accounting, and business insights. The company's transaction solutions, Transactions (zipForm Edition) and Transactions (TransactionDeskEdition), power the national transaction member benefits in the U.S. andCanada, respectively, and combine to reach over 1.5 million agents across the continent. "As part of a larger team with additional resources, we will be able to bring our overall vision to simplify the lives of agents, who, now more than ever, need the right tools as they begin to compete with a myriad of new business models," said Dan Woolley, co-founder of W+R Studios. In its first steps following the acquisition, Lone Wolf will make Cloud CMA available throughTransactions and Lone Wolf Marketplace, a curated library of integrated tools, services, and solutions that encompass the entire buyer and seller journey, in the Agent Cloud, Broker Cloud, and Association Cloud suites. "We are incredibly excited about the completion of this deal," said Matt Keenan, Chief Revenue Officer at Lone Wolf. "With this acquisition, we have expanded our ability to offer agents and brokers the market's leading suite of digital technology, one that is tightly integrated withMLSs and associations across North America and leverages the solutions they're already using today. Cloud CMA is such a great addition, as it easily transforms traditional MLS data into beautiful listing presentations and gives agents an essential tool to engage, inform, and amaze their buyers and sellers." About Lone WolfTechnologies‍ Lone Wolf Technologies is the North American leader in residential real estate software, serving over 1.4 million real estate professionals acrossCanada 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 needed 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 in Cambridge, Ontario and Dallas, Texas. About W+R Studios Founded in 2008, W+R Studios is a web software company located in Huntington Beach, California. The company focuses on creating the next generation of web-based software solutions for the real estate industry. By providing a "less is more" approach to software design, elegant user interfaces, and using the latest in agile programming, W+R Studios' software applications are at the same time powerful, yet accessible to everyone. Co-founders Dan Woolley and Greg Robertson have over 28 years of experience each developing and marketing real estate software solutions.
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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.
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Century 21 Results Joins Forces with Adwerx to Power Digital Advertising for Every Agent
Brokerage steps up its commitment to remain at the forefront of technology by implementing automated online listing ads, retargeting, and streaming TV campaigns Century 21 Results launches the Adwerx Enterprise Automated Advertising Platform to power digital advertising for all of its agents. The firm is now automating online ads for newly listed properties, plus custom retargeting campaigns for every agent. Agents also have the ability to run local, personalized streaming TV commercials. As a progressive real estate firm, Century 21 Results prides itself on being technologically advanced, while also focusing on the establishment and growth of its agents. Now, the company will provide a solution that has been proven to impress sellers, while helping agents win 35% more listings through Adwerx's fully automated solution. The Adwerx Enterprise Automation Platform delivers each client a fully integrated, results-oriented digital marketing solution, helping agents to: Exceed their clients' expectations and create immediate online visibility for their listings – automated ads are displayed on Facebook, mobile apps, and premium websites that consumers and potential home buyers visit regularly. Extends agents' reach with intelligent retargeting that recaptures the interest of prospects. 43% of their website visitors (potential clients) are more likely to convert as a result of online retargeting ads that follow their online behavior. Deliver next-level brand exposure on Streaming TV, the most successful advertising medium with 76% of U.S. households now subscribing to a video streaming service. All Century 21 Results agents also 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. As a part of this portal, agents can target qualified prospects directly with personalized commercials on streaming TV services, giving them unprecedented access to TV as a marketing channel with custom targeting at an affordable price point. "Century 21 Results is committed to investing in the latest technology to ensure our agents can build their brands and win more listings," said Noele DiSano, Director of Marketing at Century 21 Results. "Adwerx provides a seamless solution for our agents to do this by maximizing the visibility of our properties for sale, and giving our agents innovative ways to build their brands online and on TV." It is essential for both agents and brokers to use digital advertising to stay at the forefront of today's competitive real estate market. The Adwerx Enterprise Automated Advertising Platform delivers comprehensive digital advertising strategies that are easy to create and deploy, while enabling brokerage leaders to recruit and retain top talent. With a service that is simple and efficient, agents can focus on the human relationships that build business. To learn more, visit enterprise.adwerx.com. About Century 21 Results Century 21 Results is focused on providing our clients a true, full-service platform that allows our agents to do what our clients hire them to do…sell their home at the highest price possible. We set ourselves apart from other real estate companies by our Four Points of Differentiation: Agent to Staff Ratio – We employ 14 staff members to help our agents effectively market and sell your property. Our agents are the front sales line, and they do their job to perfection in communicating with other agents, and potential buyers…our staff handles the rest! Largest International Exposure – Century 21 spans across 81 countries with 8,800 offices. This is leveraged through www.Century21Global.com. Atlanta has quickly become an International City, and the connectivity with the brand gives our listings maximum exposure and opportunity to reach the International Buyers like no other. Internet Marketing Execution – Our office invests in Zillow, Trulia, Homes.com, and many other online sites and strategies. We want to offer you the best level of service in the online experience as over 90% of consumers are finding their homes, or agents via online searches. Our staff excels behind the agents to execute our online marketing on your behalf. Client Support Team – 230 Agents, Professional Home Stagers, Social Media Coordinator, Property Marketing Director & a C21 Zillow Specialist…making the buying and selling process seamless. We take care of everything! 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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Bray Real Estate Launches The Adwerx Enterprise Automated Advertising Platform, Bringing Online and Streaming TV Advertising to Agents
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Realogy Names Longtime Franchise And Brokerage Leader Susan Yannaccone President And CEO Of Realogy Franchise Group
MADISON, N.J., Nov. 17, 2020 -- Realogy Holdings Corp, the largest full-service residential real estate services company in the United States, today announced the appointment of Susan Yannaccone as president and chief executive officer of Realogy Franchise Group LLC, effective November 30, 2020. Yannaccone will replace John W. Peyton, who today was announced as the new chief executive officer of Dine Brands Global, Inc. Yannaccone joined Realogy in 2015, and in her new role, she will oversee the franchise operations of Better Homes and Gardens® Real Estate, CENTURY 21®, and ERA®, as well as the franchise and owned operations of Sotheby's International Realty® and Corcoran®. Yannaccone will report to Ryan Schneider, Realogy's chief executive officer and president."Sue is an exceptional leader who brings deep expertise running both franchise and brokerage businesses at Realogy and within the industry over the past 20 years," said Schneider. "I am incredibly excited to work with Sue and our brand leaders to further grow our powerful brands for our franchise owners and affiliated agents." During her tenure at Realogy, Yannaccone has held senior franchise and owned brokerage leadership positions. Before joining the company, she had more than 15 years' franchise experience in both commercial and residential real estate and has consistently been recognized as a leader within the industry. Yannaccone recently launched the "What Moves Her" campaign, focused on helping women in real estate develop their professional goals and leadership across the industry. "Real estate, particularly helping entrepreneurs and small business owners grow their businesses, has been a passion of mine all my career," said Yannaccone. "I am proud to take on the management of Realogy Franchise Group, particularly as the first woman to hold this role, and I look forward to working closely with our franchise leaders to further position our brands and owners for continued growth." "I am proud of Realogy's talent development, which prepares leaders, like Sue and John, for what's next in their careers," Schneider concluded. "I am very much looking forward to working with Sue in her new role, and I greatly appreciate John's leadership during his time at Realogy. I wish him well in this new opportunity as he returns to hospitality." 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, relocation, 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 189,000 independent sales agents in the United States and more than 129,000 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 three years in a row and one of Forbes' Best Employers for Diversity. Realogy is headquartered in Madison, New Jersey.
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eXp World Holdings Expands its Commercial Real Estate Network Across the Nation
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From Acquisitions to Growth in Leadership, Constellation1 Continues to Demonstrate Dedication to Improving Technology in Real Estate
Mehul Patel joins Constellation1 as the Vice President of Product Management Milwaukee, WI (November 3, 2020) - Constellation1, a leading provider of real estate technology and data services for brokerages, franchises, and MLSs across North America, continues to make significant investments in leadership, product innovation and acquisitions to further improve its suite of solutions. The real estate industry has no shortage of technology providers from accounting and back office solutions to CRM, websites, and social media marketing. Constellation1's latest move to appoint a new Vice President of Product Management proves its ongoing commitment to investing in the right technology options for real estate brokerages, franchises and MLSs. It follows Constellation1's approach of collaborating with its partners to deploy a tech stack to help them achieve their individual business goals. Executing on its strategy to invest in the companies it acquires and deliver more value to customers, Constellation1 recently appointed fintech leader Mehul Patel as the new Vice President of Product Management. Patel joins the Constellation1 senior leadership team bringing comprehensive product knowledge and strategic vision to expand its robust solutions portfolio. Patel brings his tenure in payments processing and fintech from RDM Corporation, part of Deluxe Corporation. "We are excited to have Mehul join the Constellation1 team. His knowledge and passion for software is a natural fit for our team," said Andrew Binkley, President of Constellation1. "In his short time here, Mehul has already inspired strategic growth for our roadmap that will benefit our products and better serve our customers. I am enthusiastic about our product strategy and about the ongoing evolution of our solutions portfolio." This new role will drive product innovation at Constellation1, focusing on how technology can best solve the most important problems in the industry. Constellation1 also recently announced the acquisition of Paradym web and mobile SaaS marketing solutions for real estate professionals from TRF Systems Inc. "Constellation1 has a respected reputation and is the new leader in technology for the real estate industry," said Mehul Patel, Vice President of Product Management. "The team here is focused on keeping the customer at the center of its business decisions. I am excited to be part of this customer centric team, knowing we will always invest in our products and people to drive customer success." Mehul Patel is a dedicated product leader with over two decades of experience in technology. He understands the needs of the average user for software implementation and usage, with extensive expertise expanding software solutions across various markets. His previous experience in product use cases via exposure to past roles in professional services, custom solutions and support management and product strategy will greatly benefit Constellation1. About Constellation1 Constellation1 provides front office, back office and data services to real estate brokerages, franchises, and MLSs across North America. Constellation1 is your source for real estate technology. Constellation1 is a division of Constellation Web Solutions Inc. and its subsidiaries and is part of Constellation Real Estate Group. For more information, visit constellation1.com.
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