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Denver Area Family Avoids $513,910 Mortgage Fraud Scam
April 13, 2021 – Denver, Colorado – Canyon Title Inc., a Boston National Company, announced today they will be co-hosting a webinar with fraud prevention expert Tom Cronkright, CEO of CertifID. The webinar, "To Catch a Fraudster," is scheduled for April 14th at 11 a.m. Eastern/9 a.m. Mountain. On February 21st, 2021, a local Greenwood Village family was refinancing their home. The fraudster sent instructions to wire the payoff of $513,910.57 to a Wells Fargo account by posing as a lender who sent fraudulent wiring instructions from the loan servicing company. The good news is by collaborating with the Secret Service and the FBI, the accounts were frozen, and the monies were recovered. Register for this webinar to gain insight into how criminals use phishing scams to compromise email accounts and steal wire transfers. This session will also review ways to avoid these types of scams. The webinar will be hosted by Tom Cronkright, CEO of CertifID, and co-hosted by special guests Robert Lindley, CEO of Canyon Title, and Jeanine Wells, Vice President of Operations for Canyon Title. About Canyon Title Canyon Title was founded in 2001, and became a Boston National Title Agency in 2015. Canyon has offices in downtown Cherry Creek, Downtown Denver, the Denver Tech Center in Greenwood Village, Fort Collins, Golden, Greeley, and Westminster. The company currently claims 3% of the Colorado market share. Boston National is among the nation's leading independent title services providers with more than 150 clients — including master services agreements with four of the top 10 lenders — 200 employees and nine full-service offices. About CertifID CertifID is a digital identity and device verification solution used by title companies, law firms, lenders, realtors, and home buyers and sellers to prevent wire fraud. In the United States, wire fraud is the most significant risk impacting the real estate industry. By validating the credentials of parties in a transaction and securely sharing bank details, CertifID provides peace of mind and up to $1 million in direct insurance coverage on every wire it protects. CertifID is integrated with the leading title production software systems and allows busy title and escrow operators to eliminate time-consuming, manual processes from their workflow. With tens of thousands of transfers and zero insurance claims, CertifID helps safeguard billions of dollars every month from fraud. Built by title company owners and wire fraud victims, CertifID is a purpose-built solution ready to take on the industry's biggest risk.
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Remine Teams Up with AirDNA to Offer Short-Term Rental Profitability Analysis Tool
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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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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CENTURY 21 Sbarra Implements Adwerx Enterprise, Gives Agents Competitive Advantage
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eXp World Holdings to Host Industry's Largest Real Estate Event, EXPCON, on Virbela's Virtual Business World Technology Platform
Over 10,000 Agents, Staff and Guests From Around World Expected to Attend Week-long Event; Company to Release Third Quarter 2020 Financial Results in Virtual Fireside Chat BELLINGHAM, Wash. -- Nov. 4, 2020 -- eXp World Holdings, Inc., the holding company for eXp Realty and Virbela, will hold its 11th annual EXPCON event virtually on Nov. 9-13, 2020. Over 10,000 agents, brokers, staff and guests are expected to gather in eXp World, the company's virtual world platform powered by Virbela. "From the inception of eXp Realty we have operated the entire company to be the most agent-centric real estate brokerage on the planet. We created the first cloud-based brokerage model that directly benefits our agents through a generous revenue share program and an equity plan. With eXp's immersive technologies like Virbela, we continue to invest in capabilities to support use cases that the competition cannot yet touch. As a result, we are excited to showcase what the Virbela teams built to support one of the largest conferences in the real estate industry, EXPCON," said eXp World Holdings CEO and Founder Glenn Sanford. Shark Tank's Robert Herjavec Will Appear Monday via Avatar and Live Streaming Video Entrepreneur, author and technology leader Robert Herjavec, the longtime and much-loved Shark on ABC's Emmy Award-winning show "Shark Tank," will appear with eXp Realty CEO Jason Gesing for a fireside chat on Monday, Nov. 9, at 1:00 p.m. PST in eXp World. Herjavec will be live-streamed and will answer audience questions during the Q&A portion of the 45-minute talk. Daily Keynotes, 50+ Breakouts, Expo, Trivia, Awards and More eXp's leadership team will kick off the event with a general session on Monday, Nov. 9, recapping highlights from the year as well as sharing information about the company's outlook. Throughout the week, eXp's agents, brokers and staff will take part in networking and attend popular workshops led by top-producing agents. Additionally, there will be acclaimed speakers giving keynotes each day, year-end awards will be presented, and a three-day EXPO is planned in the EXPCON Expo Hall. For more details, see the EXPCON agenda. General Session and Third Quarter 2020 Earnings The general session kicks off EXPCON on Monday, Nov. 9, at 8:00 a.m. PST / 11:00 a.m. EST in eXp World. eXp's leadership will recap the year's accomplishments and financial results, unveil the new eXp Realty brand and share details about the eXp Global and eXp Commercial businesses. Additionally, the company's third quarter 2020 earnings results will be released on Monday, Nov. 9. This will be followed with a virtual fireside chat and investor Q&A session with eXp's Glenn Sanford and CFO Jeff Whiteside in the Virbela Open Campus Auditorium on Tuesday, Nov. 10 at 8:00 a.m. PST / 11:00 a.m. EST. Join at virbela.com. The event will also be live-streamed via: undefined Speakers Include: Duncan Wardle – Former global head of innovation and creativity for Disney. Jason Dorsey – Three-time company founder. An expert who studies generational challenges and advises CEOs, startups, boards, venture capital firms and private equity firms. Rorke Denver – Former Navy SEALs commander, New York Times best-selling author ("Worth Dying For" and "Damn Few") and actor ("Act of Valor"). Dewitt Jones – World-class photojournalist and former National Geographic photographer. Kate Leavell – Speaker, trainer, coach, consultant and author of four books, including "Confessions of an Imperfect Coach." How to Access EXPCON 2020 For anyone interested in eXp who is not an agent or staff member, a guest pass to EXPCON 2020 can be obtained by registering for the event and selecting "No" when asked if you are affiliated with eXp. You will receive an email from eXp a week before the event with more information on how to access the event via eXp World. About eXp Realty eXp Realty is an eXp World Holdings, Inc. (Nasdaq: EXPI) company. eXp World Holdings also owns Virbela. eXp Realty, The Real Estate Cloud Brokerage, is one of the fastest-growing, global residential real estate companies with more than 37,000 agents in the United States, Canada, the United Kingdom, Australia and South Africa. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth. Virbela builds virtual worlds for remote work, education, and events. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company's website at virbela.com. Connect with eXp World Holdings and its companies: www.expworldholdings.com
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25% of the Country's Top 1000 Real Estate Firms and 15% of the Top Mortgage Lenders are Now Using Adwerx Enterprise to Scale Their Business
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CoreLogic Expands Google Cloud Program
Collaboration expected to yield additional performance and security enhancements in support of CoreLogic's leading property driven solutions CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today announced that it is expanding its collaboration with Google Cloud to provide new and innovative solutions to leading participants that power the global housing economy. The next phase of collaboration will support recent announcements from CoreLogic related to customer wins and product launches, such as OneHome and HomeVisit, and further broaden the range of services CoreLogic can offer its clients. The relationship enables continued expansion of AI and machine learning that underpins CoreLogic's digital and content strategy. CoreLogic will combine its unique solutions and insights that connect and power the global housing economy with Google's more than 20 years of innovation in security, network architecture, artificial intelligence and open source software to provide cutting edge performance, security and scale. "The collaboration with Google Cloud and other strategic partners allows us to offer new, game-changing services," said Frank Martell, president and CEO, CoreLogic. "We can now value every property in the U.S. in a matter of hours. This offers our clients the opportunity to manage their business virtually in real time. With Google Cloud's collaboration, we are providing the best in innovation to help millions of people find, buy and protect the homes they love thanks to superior system performance and reliability." With this technology collaboration, CoreLogic can run critical applications the global housing market depends on at incredible speed and accuracy. Clients can research properties and listings, identify comparable sales, assess market conditions and trends and value homes 300% faster. And, with increased frequency and severity of national hazards that are affecting the U.S. insurance and mortgage markets, CoreLogic can provide, within minutes, quicker insights before, during and after hazardous weather and wildfire events. "Google Cloud is excited to be part of this journey to transition CoreLogic's technology stack to the cloud and reinvent what is possible in consumer experiences. We are providing a managed cloud environment that will run on thousands of virtual machines for massive scalability, while improving security and governance, and reducing the complexity and costs of data analytics," said Kirsten Kliphouse, North America President of Google Cloud. 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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Irongate Inc. Realtors Expands its Digital Advertising Strategy with the Adwerx Enterprise Automation Platform
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Lone Wolf announces strategic investment from Stone Point Capital to accelerate growth
Investment will further enhance innovation and expand offerings to market CAMBRIDGE, ON - October 23, 2020 -- Lone Wolf Technologies ("Lone Wolf"), the North American leader in residential real estate software, today announced that funds managed by Stone Point Capital LLC ("Stone Point") will become Lone Wolf's lead institutional investor, powering the next phase of the company's growth. Stone Point was attracted to Lone Wolf because of the company's reputation as a leader and innovator in the real estate services industry, its track record of growth, and its future prospects. The Lone Wolf management team will remain with the company to execute on its strategic roadmap and continue to create a seamless digital experience for real estate brokers and agents throughout North America. The deal marks an exit for leading global technology investor Vista Equity Partners, which first invested in Lone Wolf in 2015 in partnership with Lone Wolf's founder, Lorne Wallace, and in 2016 made a follow-on investment in the business. The real estate industry is undergoing digital transformation as legacy manual processes and disparate systems transition to fully connected digital experiences. These trends are further spurred by the COVID-19 pandemic, with real estate professionals requiring digital tools to provide first class experiences for buyers and sellers. Lone Wolf leads the way, offering the industry's only end-to-end digital experience through transaction management tools, Marketplace partnerships, and back office products.   This investment by Stone Point empowers Lone Wolf to continue transforming real estate technology by enabling the acceleration of innovation with a mission to simplify the real estate experience for all. Stone Point's expertise in real estate services and technology will help Lone Wolf streamline the end-to-end experience for agents and brokers, enabling them to deliver unparalleled experiences to their clients and members. Stone Point will provide Lone Wolf with additional growth capital to accelerate organic and inorganic product development. Over the past five years, Lone Wolf has significantly expanded its product portfolio beyond its flagship back office solution to encompass forms and transaction management through the national member benefits in the U.S. and Canada, Transactions (zipForm Edition) and CREA WEBForms®, respectively. The company has also incorporated new and emerging technologies such as artificial intelligence and machine learning with the launch of Lone Wolf Insights, while its most recent offering, Lone Wolf Marketplace, brings together over 30 partners to provide an all-in-one platform for agents and brokers. Collectively, these solutions now serve more than 1.4 million agents, 8,000 brokerages, and hundreds of MLSs and associations across North America. "We're excited to work with the team at Stone Point to continue our strategic growth," said Jimmy Kelly, CEO of Lone Wolf. "Stone Point's investment aligns with our vision to create a truly connected, fully digital real estate experience. We are thankful for the partnership and leadership of Vista Equity Partners over the last five years, and we remain committed to serving the real estate industry going forward." "We are enthusiastic about the long-term opportunities within the real estate services and technology industry," added Chuck Davis, Stone Point's CEO. "This industry is undergoing rapid digital transformation, and we are pleased to partner with Jimmy and his colleagues, who together have built a remarkable company and have demonstrated the vision to continue to grow and better serve their clients." Terms of the transaction will not be disclosed. Jefferies LLC and GCA Advisors, LLC served as financial advisors to Lone Wolf and Vista, and Kirkland & Ellis LLP served as their legal counsel. For Stone Point, Debevoise & Plimpton LLP served as legal counsel. About Lone Wolf Technologies Lone Wolf Technologies 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 www.lwolf.com. About Stone Point Capital LLC Stone Point Capital is a financial services-focused private equity firm based in Greenwich, CT. The firm has raised and managed eight private equity funds – the Trident Funds – with aggregate committed capital of more than $26 billion. Stone Point targets investments in companies in the global financial services industry and related sectors. For more information, please visit www.stonepoint.com. About Vista Equity Partners Vista is a leading global investment firm with more than $58 billion in cumulative capital commitments. The firm exclusively invests in enterprise software, data and technology-enabled organizations across private equity, credit, public equity and permanent capital strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees. Vista's investments are anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven, flexible management techniques that drive sustainable growth. Vista believes the transformative power of technology is the key to an even better future – a healthier planet, a smarter economy, a diverse and inclusive community and a broader path to prosperity. Further information is available at vistaequitypartners.com.
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Realty Executives Partners with RPR to Expand Local Market Knowledge Across the U.S.
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Unmatched Accuracy, Confidence and Reliability: CoreLogic Launches New Automated Valuation Model
The new single model eliminates need for multiple AVMs and increases home valuation accuracy IRVINE, CALIF. - OCTOBER 21, 2020 -- CoreLogic, a leading global property data and analytics-driven solutions provider, today announced the launch of Total Home ValueX, a new automated valuation model (AVM) that eliminates the need for multiple AVMs. Building on the existing Total Home Value suite, the new, single model methodology dramatically increases home value accuracy and hit rate for all AVM applications. "In 2020, the appraisal industry saw an immediate need to shift from traditional in-person appraisals to consistently precise and dependable digital valuation tools — a need that continues to grow and has no end in sight," said Frank Martell, president and CEO, CoreLogic. "Record low mortgage rates and a home supply shortage has meant home sellers need immediate valuations to remain competitive. This has created an even higher demand for efficient, accurate and reliable valuation tools." Traditionally, AVMs were designed with broad applications in mind, requiring businesses to choose between various models. However, this choice creates an additional risk of leveraging the incorrect AVM, which can have long-lasting and negative impacts on business growth and hit rates. To address this industry-wide problem, Total Home ValueX utilizes a singular, uniform model methodology to render highly accurate valuations across all business use cases — without sacrificing hit rate — even on hard-to-value properties. Total Home ValueX provides current market values for the U.S. residential housing stock. The model leverages CoreLogic's industry-leading property records that capture 99.9%+ of U.S. properties and span 50+ years, as well as MLS data and newly added data sources not traditionally used in AVMs to support diverse use cases and markets spanning mortgage, real estate, ReTech, FinTech, PropTech, government, insurance and even consumers. "The market continues to change, and it was time to re-imagine the traditional approach to building AVMs," said Olumide Soroye, Managing Director, Property Intelligence & Risk Management Solutions, CoreLogic. "This ground-breaking AVM platform is powered by a rich data set that is refreshed daily, cloud computing, and machine learning techniques leading to superior AVM performance that can be validated with independent testing." 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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Chime Technologies and Brokermint Partner to Deliver Integrated End-to-End Operating System for the Real Estate Industry
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Paradym Joins Constellation1, Expanding Its Front Office Suite of Solutions with Additional Marketing Offerings
The Paradym acquisition emphasizes Constellation1's commitment to innovation and growth while bringing state-of-the-art virtual tour and social media marketing offerings to an already robust suite of solutions. MILWAUKEE (OCTOBER 16, 2020) -- Constellation1, a leading provider of technology for real estate brokerages, franchises, and MLSs across North America, announces the acquisition of the Paradym web and mobile SaaS marketing solutions for real estate professionals from TRF Systems Inc.  The acquisition emphasizes Constellation1's ongoing commitment to investment, expansion, and innovation in the real estate technology space. And it brings Paradym's SaaS marketing offerings, featuring expansive virtual tour technology and social media marketing, under Constellation1's robust suite of front office solutions.   "We are excited to bring the Paradym products, employees and customers to Constellation1 and to offer customers more options to market listings and increase their bottom-line," said Andrew Binkley, President of Constellation1. "This acquisition enhances Constellation1's solutions and offers our customers a new way to market listings and to capture more buyer and seller leads in a time when online marketing is more important than ever." Paradym has an outstanding Net Promoter Score (NPS) of 50, as verified by an independent survey. The Constellation1 team intends to keep customer satisfaction and experience a top priority.  "The acquisition process with the Constellation1 team has been very smooth, professional, and efficient," states Steve Jarrell, CEO of TRF Systems Inc. "Their investment delivers new life to the Paradym product roadmap and valuable integration opportunities for brokerages needing a best-in-class digital web experience to attract more buyers and sellers. I have the utmost confidence that the entire Constellation1 group will care for our loyal customers and grow Paradym."   Paradym is the eighth company to join Constellation1. Now, as part of Constellation1, the virtual tour and social media marketing products will be continually enhanced and integrated into Constellation1's CRM and website products.   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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zavvie powers John L. Scott Real Estate Instant Purchase Plus+ giving Portland homeowners access to more iBuyer offers
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Latter & Blum Inc. Delivers a Competitive Advantage to Agents with the Adwerx Enterprise Automation Platform
Louisiana brokerage steps up its commitment to delivering first-class service by implementing automated online listing ad campaigns for all new listings, plus retargeting and streaming TV Latter & Blum Inc., the largest independently owned residential real estate company in Louisiana, has forged an unparalleled reputation as one of the most successful Real Estate companies in the Gulf South region. They've accomplished this by providing their clients with first-class service through their well trained agents. Now, Latter & Blum Inc. is making an unparalleled commitment to those agents by implementing the Adwerx Enterprise Automation Platform, to automate online ads for all new listings, the use of website retargeting, and streaming TV advertising. The Adwerx Enterprise Automation Platform delivers a fully integrated, results-oriented digital marketing solution. Agents can exceed their clients' expectations and create immediate online visibility for their listings – automated ads are displayed on social media, mobile apps and premium websites that consumers and potential home buyers visit regularly. Intelligent retargeting extends agents' reach and the opportunity to recapture the interest of prospects. In fact, 43% of their website visitors (potential clients) are more likely to convert as a result of online retargeting ads that follow their online behavior. With 76% of U.S households now subscribing to a video streaming service, Adwerx's Personalized Streaming TV Commercials will deliver next-level brand exposure on this next generation premium advertising medium. "Our agents are our family, and we're committed to providing them with the very best services to help their businesses thrive," said Cheryl McAdam, General Sales Manager. "Adwerx provides a best in class solution to help us do this with automated technology that gets our agents and their listings everywhere that's important digitally." It is essential for both agents and brokers to use digital advertising to stay at the forefront of today's hyper competitive real estate market. The Adwerx Enterprise Automation 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 their business. To learn more, visit enterprise.adwerx.com. About Latter & Blum Inc. Since its founding over a century ago, Latter & Blum has forged an unparalleled reputation as one of the most successful and largest independent real estate company in Louisiana and the Gulf South and operates in the markets of Greater New Orleans, Greater Baton Rouge, Lafayette, Alexandria, DeRidder, Houma, Thibodaux, South Lafourche Parish, Lake Charles, Southern Mississippi, and Houston, Texas. For more information, visit www.latter-blum.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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Transactly Acquires On Target Transactions
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Broker Technology Checklist: FREE DOWNLOAD
Download your comprehensive guide to selecting the right technology partner for your brokerage. Includes the top four questions to ask tech companies to separate potential partners from vendors, and a checklist of features and functionality that every brokerage must have.
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Weichert, Realtors The Space Place Selects Adwerx Enterprise to Power Online and Streaming TV Advertising
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Delta Media Upgrades Its Builders and Communities Platform for Real Estate Brokerages
Canton, Ohio -- September 30, 2020 - Delta Media Group Inc., one of America's most established and largest broker technology solutions providers, is launching a newly updated website service that allows real estate brokers to showcase affiliated home builders and communities. The latest improvement to Delta Media's robust DeltaNET 6 platform, makes it easier than ever for brokerages to feature each home builder they represent, putting a spotlight on new home listings, sales models, videos, virtual tours, floor plans, documents for downloading, maps and more. Available from directly inside the brokerage website, affiliated builders receive "a website within a website." Each updated section features a builder Home page and a navigation menu to give consumers more in-depth insight into the builder, new home offerings, links to new communities, and a contact feature to learn more about the builder. New home communities have also been upgraded, giving real estate brokerages the ability to quickly create a builder community, extending the builder's marketing to reach more consumers. The new communities' landing page features an interactive Google map, which offers the ability to search for new communities by a specific county or school district. Once a community is selected, the website displays photos of the area, features of the community that can include additional videos and photography, homes listed for sale, its location on a map, hours of the builder sales office and contact numbers, and other videos, such as a walkthrough of the community. Consumers can also search specifically for new home models by county, school district, price range, and the number of beds, sorting specifically by single-family detached homes or condo/townhomes, or both. Each model home also has a feature listing page on the broker's website. "By improving the brokerages' ability to showcase builders and their communities, it strengthens the business bond between the broker, their agents, and the builder," says Michael Minard, CEO and owner of Delta Media. "Builders know that real estate agents sell 85% of all homes, and they want innovative new ways to connect with agents and their clients. Delta is working to create a stronger bridge between builders, agents and their clients." Minard notes that Coldwell Banker Prime, a leading brokerage in Upstate New York, is among the first to debut the new Delta Media web service here. Coldwell Banker Prime, among the top 10 Coldwell Banker offices in the U.S., features 12 builders it has relationships with and dozens of their communities, all accessible from its main brokerage website. A sample of a Coldwell Banker Prime affiliated builder community is available here. More information about Delta Media and its new DeltaNET 6 platform are online at deltamediagroup.com. About Delta Media Group Delta Media Group, located in Canton, Ohio, is a leading and trusted technology partner for many of real estate's top brands. Creator of the DeltaNET 6, real estate's most advanced all-in-one digital marketing, back office, and website platform, Delta Media Group is the largest 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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RESAAS Enters Consumer Lead Market
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Brown Harris Stevens Improves Digital Advertising Strategy with the Adwerx Enterprise Automation Platform
Luxury brokerage steps up its commitment to supporting their 2,500 agents with personalized, local brand ads for every agent and listing The real estate entrepreneurs leading Brown Harris Stevens, an independent brokerage with offices through the New York Tristate area and southern Florida, are fulfilling a pledge to help their 2,500 agents stay at the forefront of technology and innovation by launching a customized, personalized, and hyperlocal digital advertising strategy with Adwerx. The Adwerx Enterprise Automation Platform seamlessly generates personalized and company branded digital ads to fast-track awareness of every new available listing from each of Brown Harris Stevens' 55 sales offices. Adwerx's Platform makes it easy for both the brokerage and its agents to promote new listings by seamlessly integrating with listing data to create ads that are: targeted to the right hyperlocal geographic area displayed to prospects where they are spending time online reaching consumers who are likely to purchase a home personalized by the agent as desired deployed frequently with a photo and details about the property listing branded and include contact information for the agent measurable in order to track reach Ads appear on Facebook, Instagram, popular mobile apps, and premium websites that consumers and potential home buyers visit on a daily basis. Plus, in addition to the advertising for each new listing, all agents will receive an automated retargeting campaign, increasing visibility and maximizing online exposure as the agents' ads follow potential clients who have visited the agents' web pages to subsequent sites they visit. By implementing the Adwerx Enterprise Automation Platform, Brown Harris Stevens is better equipped to attract, develop, and support its real estate professionals with a service that has been proven to lower agent churn by up to 42%. To learn more, visit enterprise.adwerx.com. About Brown Harris Stevens Brown Harris Stevens (BHS) is one of the most prominent privately-held real estate firms in the world. Established in 1873, BHS has historically dominated the luxury, high-end market. With more than 2,500 agents across the East Coast, the company oversees the sale of marquee properties worldwide from its headquarters in New York City and its offices throughout the Tristate area, Palm Beach, and Miami. Learn more at www.bhsusa.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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Coldwell Banker Global Luxury Announces Rebrand
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Realty Partners Empowers Their Agents by Delivering a Competitive Advantage Through Adwerx
The Adwerx Enterprise Automation Platform generates enhanced visibility of agents and their listings through locally focused digital ad campaigns As an Agent-Owned company, Realty Partners prides itself on the ability to empower REALTORS® to be their own business owners. Understanding the fundamental importance of brand building as part of that ownership, Realty Partners is implementing the Adwerx Enterprise Automation Platform to automate online ads for all new listings, plus custom retargeting campaigns for all of their agents. The Adwerx Enterprise Automation Platform delivers each Realty Partners agent a fully integrated, results-oriented digital marketing solution. Agents can exceed their clients' expectations and create immediate online visibility for their listing – automated ads are displayed on Facebook, mobile apps and premium websites that consumers and potential home buyers visit regularly. Intelligent retargeting extends agents' reach and the opportunity to recapture the interest of prospects. In fact, 43% of their website visitors (potential clients) are more likely to convert (Criteo), as a result of online retargeting ads that follow their online behavior. "Realty Partners is committed to investing in the best marketing and technology platforms to ensure our agents can execute at the highest level," said Thomas Heimann, CEO. "Adwerx seamlessly maximizes the visibility of our properties for sale, while keeping our agents top-of-mind with every site visitor." All Realty Partners 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. Digital advertising is a marketing channel that satisfies both broker and agent objectives, providing trackable reporting that helps agents earn and keep listings while also continuing to develop the overall reach of the brokerage brand. The Adwerx Enterprise Automation Platform makes digital advertising easy to set up, implement, and track. To learn more, please visit enterprise.adwerx.com. About Realty Partners Realty Partners is a virtual technology driven brokerage, and the first truly agent-owned real estate company. The majority of the company is owned by Realty Partners' agents and associates. Realty Partners' Mission is to "Empower real estate agents to be true business owners by maximizing their income potential and providing residual income, retirement and exit strategies." Realty Partners was founded by Thomas Heimann, a successful serial entrepreneur with 15+ years experience in the Real Estate and Title Insurance industries, in each of which he pioneered new business models. Prior to entering the real estate industry, he founded the world's first web hosting and e-commerce provider which he merged in 1998 with Sage/Interliant, which went public in 1999 (INIT). In 2000 he co-founded iDigi Communications, the first Internet Incubator in the SE United States, where he gave birth to a number of successful ventures including iDigi Wireless, the precursor to xGTechnology (XGTI). Realty Partners is headquartered in Sarasota, FL, with operations throughout the State of Florida. For more information please visit: www.Realty-Partners.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. Plus, 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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Opendoor Announces Plans to Become Publicly-traded via Merger with Social Capital Hedosophia
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iBuyer Market Report: iBuyer Home Purchases Fell 88% Year over Year in the Second Quarter as the Pandemic Paused Business
An appealing option for homeowners seeking liquidity, certainty and safety, iBuyers are now making a comeback after purchasing the fewest homes in more than three years in the second quarter SEATTLE, Sept. 11, 2020 -- The nation's top iBuyers bought 880 homes in the second quarter, or 0.1% of homes that sold across more than 400 U.S. metros, according to an analysis from Redfin, the tech-powered real estate brokerage. That is down 88% from 7,410 homes, or 0.6% market share, a year earlier and represents the smallest number of properties purchased by iBuyers since the first quarter of 2017. All of the major iBuyers, including RedfinNow, Opendoor, Zillow and Offerpad, suspended purchases at the beginning of the coronavirus pandemic and began to slowly reopen in May and June as the housing market began to recover. In dollar terms, iBuyers spent just $195 million buying homes in the second quarter, compared with $1.6 billion a year earlier. The Redfin analysis used MLS and public records data to identify home purchases and sales made by the most well-known national iBuyers. The term "iBuyer" (short for instant buyer) is used to describe real estate companies that purchase houses from homeowners in quick, cash transactions. These companies then make any necessary improvements and resell the homes. While iBuyer market data isn't yet available for July and August, Jason Aleem, vice president of RedfinNow, said he has seen a major uptick in demand over the last few months. "The pandemic has brought a lot of folks into the market who need liquidity, certainty and a safe and contactless way to sell their home," Aleem said. "RedfinNow is working with several move-up buyers who need a bigger house with room to work from home, as well as parents moving closer to their adult children." "One trend that has ramped up since the pandemic began is the iBuyer bidding war," Aleem continued. "Homeowners are seeking out offers from multiple iBuyers so they can feel confident they are getting the best possible price in this blazing hot market without a bunch of foot traffic coming through. As a result, iBuyers are making more competitive offers." In the second quarter, Phoenix saw the most significant slump in iBuyer market share, with iBuyers acquiring 0.8% of homes that sold there, down 3.3 percentage points from the second quarter of 2019. Raleigh and Las Vegas saw the second and third biggest drops, falling 2.9 and 2.7 percentage points, respectively. Despite Phoenix's outsized loss, its 0.8% market share was the highest among the top iBuyer markets. Raleigh and Charlotte came in second and third place, both at 0.6%. Las Vegas and Atlanta rounded out the top five, at 0.5% and 0.4%, respectively. iBuyers Sold Homes Much Faster Than Last Year in the Second Quarter In the second quarter, iBuyer-owned homes found a buyer after being listed on the market for a median of 13 days, down from 40 days a year earlier. A typical, non-iBuyer home spent 37 days on the market, unchanged from a year prior. "Back in early spring when the market was reeling, RedfinNow was very aggressive with our listing prices and price drops, which helped us sell homes faster," Aleem said. "Redfin's Direct Access, which allows buyers to use our app to tour listings without an agent, also made it safe, fast and easy for buyers to tour our homes, all of which are vacant. The buyers' agents we worked with told us our homes were selling in part because their clients felt comfortable touring them on their own." iBuyers Bought Less Expensive Homes Than Last Year in the Second Quarter iBuyers bought homes for a median of $241,100 in the second quarter, down from $250,000 a year earlier. In all but one iBuyer market where sale price data is available, iBuyers purchased homes for less than the metro-area median. The only exception was Riverside, CA, where the median iBuyer purchase was $400,000, approximately $6,000 higher than the metro-area median sale price. The full report complete with charts, metro-level data and methodology is available 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 real estate brokerage search site, 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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Commission Confidence with eCommission, now a MoxiWorks cloud partner
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RE/MAX Results Launches 'Simple Offer' to Give Twin-Cities Homeowners More Selling Options
Eden Prairie, Minn. - September 10, 2020 -- Twin Cities-based RE/MAX Results, the largest and most productive RE/MAX in the country with 40 offices and nearly 1,200 sales executives, announced a new service that delivers to homeowners more selling options. The RE/MAX Results Simple Offer program provides homeowners throughout the Twin Cities, St. Cloud, Rochester, Duluth/Superior, Mankato, and western Wisconsin markets the most options to sell their homes. "Homeowners now have one place to see what iBuyers will offer for their home, or how much they can expect if they list their home on today's open market – all with the help of a RE/MAX Results Sales Executive," said Brenda Tushaus, CEO of RE/MAX Results. "With Simple Offer, RE/MAX Results delivers more selling options to local homeowners. Best of all, a seller will have a RE/MAX Results trusted advisor by their side and make their best choices because they can see their options all in one place for the first time," she added. The RE/MAX Results Simple Offer program includes iBuyers "instant" cash offers to buy homes. iBuyers are online real estate investors paying cash to close a home sale quickly. Simple Offer helps homeowners see what it means to sell their home to an iBuyer and sell their home on the open market. After reviewing their selling options, a homeowner can still choose not to sell. "Homeowners want to see the modern options that are available today," explained Tushaus. "When they look to sell, we know they want professional help and representation, even when they choose to sell to an iBuyer." iBuyer research shows that 41 percent of all sellers would consider an iBuyer offer. Among the homeowners who would consider an iBuyer offer, 92 percent still want to be represented by a licensed real estate professional. RE/MAX Results has partnered with zavvie, creator of Offer Optimizer™ Suite, which powers the seller options platforms of leading brokerages across America. zavvie is enabling the modern agent to offer clients all options using technology, data and transparency. zavvie connects real estate agents and their clients to all their selling options with modern online tools that provide current, reliable, and market-specific data. Homeowners can then make more informed decisions with the assistance of a trusted real estate professional. RE/MAX Results has been a leading Minnesota real estate company for more than 30 years. One of RE/MAX LLC's largest independently owned franchises, RE/MAX Results continues to rank as a top brokerage nationwide based on closed volume and transactions by reliable industry sources, including Real TRENDS, RISMedia, and Swanepoel. "RE/MAX Results is an example of how leading brokerages have not been sitting still during the COVID-19 outbreak," said Lane Hornung, CEO and Founder of zavvie. "They have been innovating and preparing for the rebound that is propelling them forward now. As a leader at the forefront of innovation, RE/MAX Results continues to deliver new ways to serve their clients better. RE/MAX Results Simple Offer gives clients more of what they are asking for. Their sales executives continue to raise the bar for how homes are sold throughout Minnesota and western Wisconsin." More details about the RE/MAX Results Simple Offer program are here and on its website at results.net. About RE/MAX Results RE/MAX Results operates out of the Twin Cities, St. Cloud, Rochester, Duluth/Superior, Mankato and Western Wisconsin markets. Based upon the principles of entrepreneurship and customer service, RE/MAX Results has grown to 40 offices and nearly 1,200 Sales Executives making it the largest and most productive RE/MAX franchise in the United States. For over 30 years, RE/MAX Results has been leading the way with the highest producing sales executives in the country. RE/MAX Results is committed to selecting the most capable people in real estate, providing the best, most streamlined operational infrastructure, management by participation, and the highest standards of professionalism in the industry. For more information, visit www.results.net. About zavvie zavvie is a technology company that connects agents and homeowners by providing all selling options: iBuyer, Bridge, and Open Market through Offer Optimizer™, a brokerage solution. zavvie gives top brokerages and agents all they need to thrive by serving their clients in today's evolving real estate landscape: easy to use tools, technology, training, marketing, and strategy. Discover more at zavvie.com.
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Real Estate Leader Joe Rand Named Executive Director of the Broker Public Portal with Homesnap
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Locations Delivers Their 300 Agents a Competitive Advantage with Automated Advertising Campaigns through Adwerx
One of Hawaii's top brokerage firms steps up its commitment to exceed client expectations by implementing automated online listing ad campaigns and retargeting Since their launch in 1969, Locations has grown into one of Hawaii's most successful real estate firms, recently voted "Hawaii's Best Real Estate Company" for the tenth year in a row. Their success is driven by their desire to provide the most innovative technology solutions, best training to their agents and deliver their clients an edge in the highly competitive Oahu marketplace. To help facilitate this success, Locations is implementing the full-service Adwerx Enterprise Automation Platform. As part of the program, Locations has leveraged Adwerx's digital advertising automation to seamlessly activate personalized and company branded digital ads that fast-track awareness of each new available listing from their five sales offices. Agents will also receive a custom retargeting campaign, increasing visibility and maximizing online exposure as personalized ads follow potential clients who have visited the agents' web pages. All of Locations' 300 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. With more eyes on streaming TV screens than ever before, this is an extremely valuable addition to any marketing mix, delivering next-level brand exposure on the most successful advertising medium. "Adoption can be a challenge for any organization introducing a new technology," said Jason Lazzerini, President and CEO at Locations. "With Adwerx's automated service model, the traditional barriers to adoption are eliminated, making the process simple and efficient while allowing our agents to focus on the human relationships that build their business." To learn more about the Adwerx Enterprise Automation Platform that Locations deploys for their agents, visit enterprise.adwerx.com. About Locations As the state's oldest and leading independent real estate firm, our trusted Neighborhood Experts have served Hawaii's families since 1969. For more than 50 years, Locations has helped more people buy or sell their homes than any other real estate firm in the state. With our rich kama'aina roots, innovative technology and dedicated market-research department, Locations continues to be at the forefront of this ever-changing industry. Today, Locations has 300 agents in five offices across Oahu. Through our non-profit, the Locations Foundation, our agents and staff support more than 100 Hawaii non-profit organizations both through monetary donations and volunteer hours. Visit LocationsHawaii.com/about-us today to learn more. For up-to-date Hawaii real estate updates, follow Locations on Facebook at: www.facebook.com/LocationsHawaii, Twitter at @LocationsHI, Instagram at @LocationsHawaii, and LinkedIn at www.linkedin.com/company/locations-hawaii. Read the Locations blog at: www.LocationsHawaii.com/news. 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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Buyside Reports Record Uptick in Partnerships, Engagement, and ROI Despite Pandemic
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MooveGuru Delivers Rapid Growth During COVID, Reaching 1000 Offices and 55,000 Agents
ATLANTA, Sept. 01, 2020 -- Roughly 35 million Americans move each year and MooveGuru is making it easier and more affordable than ever before. The Roswell, GA based company secured lead funding from the Atlanta Technology Angels last October to fuel growth and additional development. Today, MooveGuru has crested 1,000 real estate brokerages, serving clients of more than 55,0000 real estate agents during the COVID pandemic. MooveGuru has developed a moving concierge solution that is provided to real estate brokerage firms who wish to deliver moving services to their clients. The services range from something simple like a change of utilities to a full hands-free move. Sam Rafeh, Operating Principle of Keller Williams Antelope Valley and investor in Hollywood Title said, "MooveGuru provides us a complete system to efficiently assist our clients in moving out of, or into their home. The service is aimed at reducing the stress during a move that has only become more amplified during COVID, and delivering additional homeowner services." Sam Rafeh will be providing the MooveGuru service to clients in Palmdale, California, and is MooveGuru's 1000th customer. The Atlanta Technology Angels led the investment in MooveGuru last October. The COVID pandemic caused an economic seizure to the entire US Economy that many believed would wipe out young growth companies. After the original shock in March and April, MooveGuru continued their business development efforts. As real estate rebounded in mid-summer across America, MooveGuru saw an incredible lift, growing brokerage partnerships from 300 to more than 1000. The real estate industry has been a key driver of economic vitality during the pandemic, spurring significant investment in prop-tech firms exploding with growth. According to the National Association of REALTORS®, existing home sales have grown 24.7%. Joe Beverly, an entrepreneur, a member of the Atlanta Technology Angels and an investor in the company, said, "Before I make an investment, I want to see a company with a great value proposition for customers, a solid management team which understands their technology and how to sell it, a good market into which it can sell, and the operations and financial know-how to make it all happen. MooveGuru has all of those things which is what excited me and several other ATA members about making an investment." About MooveGuru In 2016, MooveGuru Inc. launched a free mover engagement program to real estate agents and brokers with the idea of connecting home buyers and sellers to convenience and savings on moving services. Using just-in-time delivery through artificial intelligence algorithms, MooveGuru Inc. ensures consumers receive agent-branded savings from national and local retailers and utility connections as they step through the relocation process. Today, more than 1000 brokerages, their agents, and clients are connected to the MooveGuru platform.
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Black Knight Acquires DocVerify, Expanding Fully Digital, Contactless Real Estate and Mortgage Solutions
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RESAAS Announces Addition of Facebook Live Integration
VANCOUVER, BC, Aug. 20, 2020 -- RESAAS Services Inc., a technology platform for the real estate industry, is pleased to announce the addition of Facebook Live to the RESAAS Platform and the RESAAS Virtual Showcase. Facebook Live videos can now be embedded directly inside the RESAAS platform. This allows real estate agents to stream live video from their listings to other agents and their clients. "Facebook Live offers both sellers and agents the opportunity to tour a listing through a virtual open house that is real-time and interactive," said Scott Shapiro, Client Partner & Industry Relations for Real Estate at Facebook, Inc. "The parallels between Facebook and RESAAS are clear; both are social networks, communities and platforms that unite their users globally. We are excited to have a Facebook Live integration within the RESAAS ecosystem, enabling their significant membership of real estate agents to reach Facebook's vast consumer audience of over 3 billion people worldwide each month across Facebook's services." Facebook Live joins the existing video integrations RESAAS already has for YouTube Live, Matterport, Vimeo, and traditional YouTube videos. Facebook Live also allows for educational content to be live streamed through the RESAAS Platform. This delivers additional value to RESAAS agents, and increases engagement within the RESAAS platform. "Video is an essential element for top agents to sell their listings. Data analyzed from how agents use RESAAS point to an increase in the use of Facebook Live," said Tom Rossiter, CEO of RESAAS. "Working with clients remotely, showing homes using video and delivering broker tours through live streaming has become a requirement in 2020. RESAAS is proud to add Facebook Live to our existing roster of integrated video technologies, giving RESAAS agents the expanded choice of which video platform to use." This integration of Facebook Live is now available on the RESAAS platform, available for all RESAAS agents to use immediately, as well as RESAAS agents using the RESAAS Virtual Showcase. About RESAAS Services Inc. RESAAS is a technology platform that enables real estate brokerages, franchises and associations to bring real-time communication, new business opportunities and unique data to their agents on a global basis. Visit www.resaas.com for more information.
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ERA Sunrise Realty Maximizes Its Digital Advertising Impact with Adwerx
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BoomTown Appoints CTO and VP of Product as They Ramp up Investment in Product Strategy and Innovation
Key leadership roles and expanding Engineering, Product, and Executive teams will continue 2020 growth and momentum, accelerating enhancements and releases of best-in-class technology and services to empower their customers. CHARLESTON, S.C. -- August 19, 2020 -- BoomTown, the leading sales and marketing platform for real estate professionals, recently announced the promotions of Mark Stewart to Chief Technology Officer and George Mountis to Vice President of Product. Stewart has worked at BoomTown since 2017 and Mountis has worked at BoomTown since 2013. Many breakthrough innovations have come to market under their leadership, including delivering successful, value-added offerings like Success Assurance, Marketing Central, and the HomeSearchNow app. "Never have we seen real estate technology needs changing as rapidly as they are today so we are investing even more in our product development, and empowering people with a history of strong leadership, pushing boundaries and advancing bold ideas, to lean into what we do best: building innovative tools to deliver on our mission to make real estate agents successful," said Grier Allen, President and CEO of BoomTown. "We are focused on making sure our clients are poised to take advantage of every opportunity in this shifting environment, and I'm confident that Mark and George's promotions and expanded scope will only increase our speed of innovation, user experience, and product strategy." The past three years have seen incredible momentum in the velocity and quality of BoomTown's Product and Engineering output. The teams have been able to prioritize necessary functionality and capabilities for evolving times, like expanded Virtual Tools, while simultaneously continuing to enhance core products. Strong leadership ensures these teams focus on listening to the needs of their clients and the industry, staying ahead of trends in the market, and determining the best way to meet these needs and deliver fast Time to Value. "It is invigorating to double-down on our efforts at a time when so many real estate businesses are looking for new and innovative tech solutions, and agents need tools that add both flexibility and certainty to their businesses" said Mark Stewart, Chief Technology Officer at BoomTown. "Flexible, user-friendly tools that delight homebuyers and sellers are necessary to help our clients navigate new priorities, and this is where we excel. I'm honored to work with such talented teams across BoomTown and look forward to continuing to redefine the future of real estate software in partnership with BoomTown's successful and passionate customers." About BoomTown BoomTown exists to make real estate agents successful. 40k+ of the industry's top professionals 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 coaching services from peers who have catapulted their growth with the system, 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. Founded in 2006 and headquartered in Charleston, SC, BoomTown has additional offices in Atlanta, GA, San Diego, CA, and San Francisco, CA. For more about BoomTown visit BoomTown.
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SafeWire Joins LeadingRE Solutions Group Program
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WikiRealty brings their neighborhood know-how to the MoxiWorks open cloud platform
SEATTLE, Wa. (Aug. 17, 2020) -- MoxiWorks, the leading real estate technology platform, announced today WikiRealty is the latest partner to join the MoxiCloud Partner Program. WikiRealty offers automated marketing and advertising focused on building an agent's sphere of influence online. WikiRealty supports real estate agents by creating unique hyperlocal content, content distribution, dynamic audience targeting and retargeting all on one platform at a fraction of the cost of traditional platforms. WikiRealty offers a fully automated social media and search engine brand growth platform for brokerages and their agents that focuses on "the neighborhood." Agents receive unique to them relevant, local content created by WikiRealty providing opportunities for the brokerage and agent to grow their sphere. WikiRealty then uses remarketing strategies and promotes the agent's listings to those in the remarketing group as well as the agent's database/CRM. WikiRealty can even qualify leads for the agents, bringing the consumer "down the funnel." "The current Covid-19 state of the world has created a heightened awareness and need for brokerages and their agents to identify technology solutions that will enable them to connect with online consumers and manage the various facets of the relationship and transaction," said Sanjay Kuttemperoor, Founder and CEO of WikiRealty. "MoxiWorks and its continuous efforts to identify and make available on its platform best in class tools, products and services that enable brokerages and agents to work efficiently in the ever-evolving digital world is unmatched in the industry. The WikiRealty team is honored to be included as a MoxiWorks partner and part of the selected suite of products for its brokerage partners." With this partnership, MoxiWorks users will be able to access WikiRealty through a single sign-on integration and will also be able to sync contacts to make creating targeted content even easier and more streamlined. MoxiWorks clients will also receive discounts through preferred rates and packages. "Creating targeted, hyper-local content helps paint real estate agents as experts in their neighborhoods across the web," said Krista Thomsen, Senior Manager, Partnerships & Integrations at MoxiWorks. "As a technology company built around the sphere-based selling model we are excited to bring in another new technology partner who also emphasizes the benefit of nurturing and growing your sphere. In the coming months, MoxiWorks and WikiRealty will work to deepen this integration and look forward to helping agents across the country expand their sphere's." To learn more about this and other partnerships reach out to your MoxiWorks account manager or visit moxiworks.com. About WikiRealty WikiRealty is an industry-leading search-to-close real estate marketplace dedicated to helping consumers find the best place to live and the leading real estate professionals to work with during the transaction process. In 2015, WikiRealty launched its online platform with the goal of building a truly digital-first ecosystem for the real estate industry; and it now serves 30,000+ agents; premier brokerages; loan officers; mortgage companies; and other real estate professionals. By focusing beyond the property – on the neighborhood and other lifestyle factors, WikiRealty has become a leading innovator in real estate for hyperlocal sponsored content, dynamic audience targeting, and cross-platform advertising that accompanies its integrations with hundreds of other software tools and services. This holistic solution has resulted in WikiRealty contributing to a majority of its users' presence across both social and search channels, resulting in new connections that lead to new business. To learn more, visit join.wikirealty.com. About MoxiWorks MoxiWorks is a comprehensive open platform system for large residential real estate brokerages that serves more than 260 brokerages and 340,000 agents nationwide accounting for more than 13% of U.S. real estate transactions. MoxiWorks' customer retention over the past seven years stands proudly at 96%. Their integrated tools are centered on sphere methodology that increases agents' repeat and referral business by 54%, while lowering overall technology, training, and support costs for the brokerage. The open platform known as the MoxiCloud has tools from more than 50 partners that integrate to create unique brokerage solutions. Find more information at moxiworks.com.
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Zumper Teams Up with Matterport to Bring the Latest Technology to Virtual Renting
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ActivePipe Unveils Real Estate Content
New feature bridges gap between property marketing and content marketing Austin, TX - ActivePipe, the nation's leading email marketing solution for real estate companies and teams, announced today the rollout of Real Estate Content, a new feature that allows users to automate genuine content experiences within their email marketing campaigns. This feature is available now to current users following an extensive Q1-Q2 beta testing trial of rookie and veteran agents. "The Launch of Real Estate Content couldn't be timed better to coincide with Smart Match," says ActivePipe CRO Mike Feller. "With Real Estate Content, ActivePipe users can now take advantage of content marketing inside of their emails. We know that not everyone in agents' networks are looking to buy or sell their home, but with this feature, you can remain top-of-mind with current news, home design and renovation tips that are helpful, engaging and informative, so when they are ready to buy or sell, they know you're the one to call." Real Estate Content launches on the heels of ActivePipe's acquisition of HomePrezzo, the Australia-based presentation and content creation software that will help power Real Estate Content. HomePrezzo's tools, among many others, offer the ability to produce dynamic landing pages for agents, also. For agents choosing to utilize Real Estate Content, an option to be redirected to a personalized landing page is included. Real Estate Content reimagines content marketing by persona, ensuring each contact receives content matched to their personal interest no matter where they are in the property buying or selling process. Real Estate Content's blogs even help infer buying or selling intentions. This passive marketing technique gives you more information about your prospects making your personal outreach even more effective. Pre-built Customer Journeys are enhanced with clickable, agent-branded content, precisely catered to provide the right information to help move prospects closer to their goals while keeping you front of mind as the expert they need to complete a smooth transaction. ActivePipe's Real Estate Content library will deliver new pieces of data-driven content for agents. At launch, the library currently holds 100 original content marketing pieces for agents to choose from. Users can have content automatically inserted into their emails based on tags and categories assigned to their contacts. Through ActivePipe's proprietary AI system, user profiles are generated based on several categories and tags (i.e.: upsizer, downsizer, empty-nester, etc.) Agents and brokers are able to leverage ActivePipe to effectively lead their networks down a path of intention that results in more home sales. "ActivePipe developers are constantly looking for ways to save real estate agents time and money," Feller says. "However, the places we see opportunity to grow in the email marketing space are the same places agents are experiencing frustration. Our focus is to mitigate that frustration by listening to our users, many of whom were tired of sharing the same content to their networks. Real Estate Content saves time and brings more value to your email campaigns." About ActivePipe ActivePipe helps real estate agents to know which prospects to call next, based on their behaviour with your content. Cut through the noise and make easier calls by focusing on the topics your prospects are engaging with. It allows you to get your marketing done in minutes with a smooth, drag and drop email builder and pre-built customer journeys to set your business up for optimal conversions. Help your team get back to basics and never miss an opportunity.
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AerialSphere Launches Next-Gen Mapping Technology to Change How Consumers Experience Real Estate
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Inside Real Estate Doubles Down on Innovation with New Investment
Investment Will Support New, Cutting-Edge Innovations and Expanded Offerings to Meet the Needs of Real Estate Professionals DRAPER, UTAH, August 5th, 2020 -- Inside Real Estate, one of the fastest growing independently-owned real estate software companies and a trusted technology partner to over 200,000 top agents, teams and brokerages, is doubling down on innovation and growth. The company announced today a major new Innovation Investment focused on accelerating the use of technology to dramatically enhance the experience of real estate professionals and consumers across the entire home transaction lifecycle. The program was financed through additional investment in the Company by management and its financial partner, Lovell Minnick Partners. In the last seven years, Inside Real Estate has invested over $200 million to create the industry's first, purpose-built platform that meets the unique needs of brokers, teams and agents—all in one tech ecosystem. The new innovation program is a natural continuation of this effort and will be dedicated to making targeted technology advancements to both front and back office platforms, as well as expanding marketplace offerings and consumer-facing applications by leveraging and integrating technologies including machine learning and artificial intelligence (AI). "The rapidly evolving nature of the real estate industry coupled with the challenges of the current landscape demand that we expand our efforts to empower our customers with the best tools and technology to deliver even better consumer experiences, greater productivity and solutions that are easier to use," said Ned Stringham, CEO of Inside Real Estate. "Inside Real Estate started as an innovator and will continue to build upon that reputation as we expand to serve our growing network of agents, teams and brokerages." As part of doubling research and development initiatives and investing in and expanding technology offerings, Inside Real Estate will add to both its product and customer success departments, adding leadership and team roles that will provide additional resources and expertise to partners. "We're looking forward to growing the Inside Real Estate team and continuing to collaborate with industry professionals that share our creative vision for the future of real estate," continued Stringham. "The feedback from and needs of our customers is our top priority and key driver as we expand our team and offerings during this inflection point for our robust and ever-changing industry."
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eXp World Holdings Acquires Leading Real Estate Search Technology Company Showcase IDX
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SharpLaunch Announces Matterport Virtual Tour Integration to Support Remote Commercial Real Estate Touring
New integration allows users to seamlessly embed their Matterport virtual tours on their property websites PORTSMOUTH, N.H. -- Commercial Real Estate (CRE) marketing platform SharpLaunch has announced an integration with Matterport to support 3D virtual commercial real estate tours for landlords and brokers in the era of social distancing. Matterport's 3D technology will be integrated as a standalone module that seamlessly embeds virtual tours into SharpLaunch property websites. These tours are designed to provide a facsimile of hands-on tours of commercial real estate - something that is no longer easily accessible in the "new normal" of the post-COVID world. "Matterport has seen a sharp rise in the demand for digital twins of properties so that buyers can tour them virtually in stunning 3D," says Robin Daniels, Chief Marketing Officer, Matterport. "We're excited to see SharpLaunch integrate with the Matterport platform to provide their commercial real estate customers with our immersive 3D tours and help them engage prospects from anywhere in the world." Matterport is the leader in virtual tour technology across all industries including real estate, architecture, engineering, travel, and much more. Their 3D platform allows commercial real estate brokers and landlords to showcase properties in a variety of creative ways - capturing the essence of an in-person tour and augmenting it with key information about individual components of the space. "Both SharpLaunch and Matterport are focused on creating forward-looking technology for commercial real estate marketing," says Bob Samii, SharpLaunch CEO. "The addition of the Matterport module provides our clients with another way to showcase their commercial properties, create an impactful digital experience, and stay ahead of the competition." As the leading marketing technology for commercial real estate, SharpLaunch is an optimal medium to display Matterport virtual tours on any device, seamlessly integrating with the marketing processes and workflow of brokers and landlords. About SharpLaunch SharpLaunch is an all-in-one digital marketing platform for commercial properties. It provides an easy-to-use suite of marketing tools specifically built for CRE building owners, asset managers, and brokers who want to improve asset visibility, streamline marketing activities and save time.
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Lone Wolf and Adwerx Join Forces to Provide Simple Access to Digital Ads for Real Estate
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Adwerx Top Producer Platform Gains Momentum, Over 50 New Deals Signed in June
The 'set it and forget it' marketing platform consists of best practice digital display ads and streaming TV commercials for industry top producers Last month, Adwerx announced their top producer platform for real estate agents, mortgage lending officers, wealth managers, insurance agents, and franchise owners. The program has quickly gained clout from some of the top franchises in the country, with producers at some of the country's largest real estate and mortgage lending firms signing on to receive a personalized marketing platform. In June alone, over fifty new producers joined the program. "Since home buyers are searching for their next home online, it is imperative for me to maximize my exposure through ads for listings, and brand ads that place me in front of potential prospects," said Wendy Moore, REALTOR® at Berkshire Hathaway HomeServices Drysdale Properties. "Adwerx provides a seamless solution for me to advertise on websites, mobile devices and streaming TV, with a customized, full service platform that streamlines efficiencies in my marketing campaigns," Wendy continued. "Timing is everything, and with Adwerx my ads are placed in the right place at the right time to impress my home sellers and potential new home buyers. Plus, Adwerx is affordable, has a great relationship with Berkshire Hathaway HomeServices, and provides me with the greatest exposure online." As part of this new service, customers receive a customized, omnichannel marketing platform tailored to their distinct branding needs. A dedicated account representative is assigned to each producer, and acts as a concierge to help build the perfect marketing mix, custom-fit to the needs of each individual, including hyper-local display ads and personalized streaming TV commercials. Streaming TV commercials from Adwerx include access to a library of Adwerx Original commercials that are personalized with the customers headshot and contact information as well as placement of the commercial on premium channels in a hyperlocal geographic area (as small as ¼ mile radius). Commercials are displayed across popular on-demand services like Hulu, Sling, ESPN+, and more during prime viewing hours, allowing customers to get in front of the right prospects at the right time, with zero production costs. Savvy producers have even developed their own commercials for luxury properties, and used Adwerx's Streaming TV campaigns to help secure high end listings. "Streaming TV commercials from Adwerx has been huge for our business; especially now when everyone is spending so much more time at home, in front of their TVs," said Lesley Lyon, Marketing Director at Team Lyon, Lyon Stahl. "As we are not allowed to host live open houses right now, streaming TV commercials from Adwerx is a great way to get exposure to our listing videos. Our agent walks in with confidence to every listing presentation, knowing she has this in her back pocket!" Current customers who refer a top producer that purchases an Adwerx Top Producer platform, will receive $1,000 in credit in their Adwerx account to optimize their branding efforts. To learn more about the Adwerx Top Producer Platform, visit enterprise.adwerx.com. About Adwerx Used by over 25% of the top brokerage firms and over 15% of the top mortgage originators in the U.S., Adwerx delivers personalized, omnichannel brand marketing and automation at enterprise scale, enabling customers to deliver customized ads programmatically across streaming TV, popular websites, Facebook and Instagram, and mobile apps. The platform drives 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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Real Living Realty Professionals Launches iBuyer Program
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RESAAS Announces COVID-19 Tests Available for Purchase to REALTORS
VANCOUVER, BC, July 14, 2020 - RESAAS Services Inc., a technology platform for the real estate industry, is pleased to announce the launch of COVID-19 testing for REALTORS. RESAAS has secured exclusive rights within the real estate industry to make COVID-19 testing available to all licensed real estate agents, their families and their clients. The agreement, signed on July 13, 2020 with a California-headquartered medical corporation, has a renewable 1-year term. The tests made available by RESAAS are approved by the U.S. Food and Drug Administration (FDA), using Abbott Diagnostic testing technology to ensure 100% accuracy. RESAAS agents can choose to have both the antigen test (check for COVID-19, known as PCR) and the antibody test. "This is phase 1 of RESAAS' commitment to help real estate agents return to the field safely," said RESAAS CEO, Tom Rossiter. "RESAAS has been developing a platform for many years to unite the real estate industry globally. Our multilingual platform has brought innovation to international referral business. Our award-winning solution for listings captures vast amounts of unique real estate data. Now, the work put into the RESAAS platform enables us to react quickly to support agents through the COVID-19 crisis. By making COVID-19 tests readily available, RESAAS agents and their clients can list, sell, tour and transact real estate again with confidence." Beginning today, RESAAS agents in Los Angeles, California can book and pay for their COVID-19 tests through the RESAAS Platform. There are 12,000 REALTORS® in Greater Los Angeles. RESAAS will use its existing e-commerce solution, in which RESAAS Premium agents already have credit card details stored, to allow for quick one-click purchase. The booking system inside RESAAS has a live-link integration into a network of lab locations schedules, providing RESAAS agents with real-time ability to book their test appointments. RESAAS Premium agents will receive preferred access. RESAAS agents qualify for preferred pricing of $189 for the COVID-19 test (PCR antigen), and $99 for the antibody test. RESAAS will be offering a first-to-market combination package of both tests (antigen + antibody) for $239. RESAAS offers the following competitive advantages for COVID-19 tests: Provide RESAAS agents with awareness of testing eligibility. Enabling RESAAS agents to securely book a test online. Offering more competitive pricing to RESAAS agents than publicly available. Provision of industry-leading turnaround times for rapid delivery of results digitally. "RESAAS has a sophisticated, multi-faceted approach to securing COVID-19 testing across the entire real estate industry," continues Rossiter. "COVID-19 testing is a rapidly evolving area. Our goal remains to allow real estate agents to work face-to-face with their clients in safety." RESAAS has developed a strategy for distribution of COVID-19 tests for real estate agents worldwide through a group of RESAAS' multinational clients. Phase 2, already underway, will scale COVID-19 testing across the United States. About RESAAS Services Inc. RESAAS is a technology platform that enables real estate brokerages, franchises and associations to bring real-time communication, new business opportunities and unique data to their agents on a global basis. Visit www.resaas.com for more information.
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Berkshire Hathaway HomeServices Showcases Industry Leadership by Automating Digital Advertising During Pandemic, Enters Multiyear Relationship with Adwerx
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CoStar Group Closes Acquisition of Digital Auction Platform Ten-X Commercial
WASHINGTON - June 24, 2020 - CoStar Group, Inc. the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it has completed the previously announced acquisition of Ten-X for $190 million in cash. "We are pleased that we were able to close on our acquisition of Ten-X so quickly and we look forward to getting to work on combining the strengths of Ten-X with the strengths of CoStar Group to make the platform even more valuable for our brokers and the institutions they represent." said Andy Florance, CEO of CoStar Group. Ten-X is the clear, leading platform for conducting commercial real estate online auctions and negotiated bids, having successfully facilitated $24 billion in transactions since 2009. Ten-X partners with commercial real estate brokers providing them with technology that makes them more efficient, reduces the time to sale, and speeds commission payments. All the transactions conducted on the Ten-X platform require a broker and since inception the platform has helped brokers earn close to one billion dollars in fees. The broker remains the seller's primary point of contact, relationship manager and the expert with invaluable information necessary for buyers to underwrite and purchase an asset. Sellers on the Ten-X platform benefit from proven technology that exposes their property to a global audience of qualified buyers, with trusted underwriting, transparency from seller dashboards, real-time updates, and proven contracting and closing. The mission of the Ten-X platform is to sell the property faster, at the best price possible and with greater certainty of close. CoStar Group plans to integrate the Ten-X auction platform into both LoopNet and CoStar, thereby exposing the auctions to CoStar Group's massive online commercial real estate audience with 11 million monthly visits. The integrated offering will expand the audience for Ten-X auctions up to 40 times its current scope. CoStar Group has the largest global commercial real estate database and research operation and intends to use those resources to enhance and dramatically expand the potential buyer database Ten-X uses to draw bidders to its auctions. In addition, CoStar Group has 280,000 properties offered for sale on its platforms and plans to market the Ten-X platform as an alternative sales method for those brokers. We believe that more properties offered for sale on the Ten-X platform will attract more bidders. The transaction is expected to be discussed on the Company's conference call to discuss financial results for the second quarter of 2020 to be held at 5:00 PM ET on Tuesday, July 28, 2020. About CoStar Group, Inc. CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality sector. LoopNet is the most heavily trafficked commercial real estate marketplace online with over 6 million monthly unique visitors. Realla is the UK's most comprehensive commercial property digital marketplace. Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. CoStar Group's websites attracted an average of approximately 55 million unique monthly visitors in aggregate in the first quarter of 2020. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe, Canada and Asia with a staff of over 4,200 worldwide, including the industry's largest professional research organization. For more information, visit www.costargroup.com.
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Earnnest Now Available at Berkshire Hathaway HomeServices Michigan Real Estate, Northern Indiana Real Estate, Tomie Raines REALTORS, and Executive Realty
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Counselor Realty Locks Up HomeActions and New Lead Scoring Service
MINNEAPOLIS (JUNE 29, 2020) -- Counselor Realty, an agent-owned powerhouse in the Twin Cities and Greater MN market, is teaming up with the HomeActions platform for agent email marketing and relationship building. HomeActions' exclusive program provides contact database building, nurturing, intelligence and insulation. Starting out, HomeActions appears as the best-in-class, customized e-newsletter. The bi-weekly system delivers lead-generating "Conversation Starters" through its hyper-local content, widgets and predictive metrics. Email addresses that are entered into the agent's HomeActions dashboard become exclusive to that agent. HomeActions will not be available to competing brokerages for a designated period. "NEW" Lead Scoring Launching: Agents have been asking for ways to benefit from AI-powered capabilities. HomeActions will be adding even more predictive metrics that are developed from the new Lead Scoring 360 system. The goal is to help brokers and agents focus on the segment of their database that is "Warming Up" and likely to transact in the next 3-6 months. Presentation on the lead scoring system at: https://midd.me/RG7n Albert Clark, HomeActions President, commented on the agreement, "All brokerages know real estate is a numbers game. The more contacts agents can make, the better they can nurture these relationships, the better their numbers. We share this core mission with Counselor." Counselor CEO Nick Dreher has seen his teammates' results with HomeActions and wants to make sure his agents can "lock-up" all their email contacts…and benefit from AI-powered tools. More importantly, Counselor now can preempt the competition. Nick offered, "Not only will we be able to embrace the HomeActions platform and the new Lead Scoring, but we now have a real differentiator for our new agents to deploy once they move to Counselor." About HomeActions HomeActions provides custom-branded digital marketing solutions complete with professionally written articles for real estate professionals. HomeActions articles and widgets portray agents as trusted advisors. Our goal is to help agents create and nurture relationships that lead to long-term success. With instant engagement alerts on "Predictive Articles" and widgets, as well as robust reporting, the system generates real-time conversation starters, leads and consistent top-of-mind awareness. For more information, visit http://www.HomeActions.net. About Counselor Realty The prime purpose of Counselor Realty is to develop experienced agents so that our customers and clients receive superior service and value. We believe in healthy communities and support individual and corporate opportunities to serve and support the communities we work and live in. We believe in the value of local agent ownership, building vested interest and growing personal success.
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Inside Real Estate Acquires dashCMA, Real Estate's Hottest New Pricing Tool
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Elm Street Technology Acquires IDX Broker to Broaden Offerings and Drive Continued Growth
Acquisition substantially expands Elm Street's capabilities and customer base as established real estate technology solutions provider June 24, 2020 – Dallas, TX – Elm Street Technology, LLC ("Elm Street Technology"), a leading real estate technology and marketing solutions provider to the residential real estate industry, today announced the acquisition of IDX Broker, LLC, a provider of real estate search applications and marketing solutions. The acquisition of IDX Broker and its solutions for real estate professionals complements Elm Street's Elevate platform that provides real estate technology and marketing services. "We're excited to have IDX Broker and its talented team join Elm Street Technology, which will help power the next stage of our growth," said Prem Luthra, President and CEO of Elm Street Technology. "For over 17 years, IDX Broker has been serving tens of thousands of real estate customers with high-quality, innovative products and top-shelf customer support. With a common corporate culture, we expect the integration of our two companies to be seamless and we look forward to adding their products to our growing suite of services, which will have meaningful benefits for both companies' customers." Elm Street Technology offers a simplified platform called Elevate, for real estate technology and marketing services, that aims to provide a single vendor and point of contact to maximize real estate professionals' business efficiency. The Elevate platform is currently used by tens of thousands of real estate agents, teams and brokerages across the United States. It offers a variety of seamlessly-integrated tools including IDX websites, lead generation services, CRM, email, social, text and blog marketing automation, recruiting and retention campaigns, and more, all backed by comprehensive customer support and training. "We've listened to our customers and their desire to have a single point of contact and vendor for all of their marketing services, and now we are excited to be able to join the Elm Street Technology team to fulfill this request," stated Chad Barczak, Chief Executive Officer of IDX, LLC. "Elm Street Technology has been executing on its mission to create an end-to-end solution with their Elevate platform and I believe it's quickly going to lead the space. We're thrilled to combine forces, company cultures and our mutual passion to be a part of this vision ." Earlier this year, Elm Street Technology announced a strategic investment from Aquiline Capital Partners, a private investment firm based in New York and London investing in businesses across the financial services sector in financial technology, insurance, investment management, business services, credit and healthcare. The acquisition of IDX Broker, LLC is the first acquisition announcement of 2020. Past acquisitions have included companies such as eMerge, AgentJet, Listingbook, RLS2000 and Consolidated Knowledge. Vaquero Capital served as the exclusive financial advisor to IDX Broker. 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 IDX Broker, LLC Based in Eugene, Oregon, IDX Broker, LLC is nationally known as a leading provider of real estate search applications. IDX Broker, LLC actively manages over $1 trillion worth of active listings data from over 600 individual Multiple Listings Services (MLS). IDX, Broker, LLC provides integrated IDX software, customizable listing search utilities and lead management tools for real estate-based websites. For more information, please visit idxbroker.com. About Aquiline Capital Partners LLC Aquiline Capital Partners, founded in 2005, is a private investment firm based in New York and London investing in businesses across the financial services sector in financial technology, insurance, investment management, business services, credit and healthcare. The firm has $5.3 billion in assets under management as of December 31, 2019. For more information about Aquiline, its investment professionals, and its portfolio companies, please visit www.aquiline.com.
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