In total, real estate technology entrepreneurs landed $15.1 billion in funds for their ideas on how to improve the industry, according to CRETI’s 2024 Proptech Venture Capital Analysis.
Category: AI
Flyhomes’ NeighborVote reveals neighborhood political leanings
NeighborVote combines precinct-level voting data aggregated by the MIT Election Data & Science Lab with Flyhomes AI, allowing users to ask questions, such as “Is this home in a red or blue neighborhood?” or view political insights directly on a home’s listing page, according to the report.
Profits roll in at Mr. Cooper as it pursues tech-fueled growth
Deal to acquire Flagstar’s mortgage servicing business and correspondent lending platform is projected to grow Mr. Cooper’s servicing portfolio to $1.59 trillion.
Mr. Cooper adds to leadership team with eye on technology
Sridhar Sharma, who’s credited with developing Mr. Cooper’s patented AI, has been promoted to a new role, and three new tech leaders are joining from other companies.
ReAlpha’s ‘super app’ dangles commission-free buyer agency
Publicly traded real estate software company reAlpha Tech Corp (AIRE) has shipped what it’s calling a “super app” that will provide a free solution for end-to-end homebuying representation.
Shay unveils ‘self-representation platform for homebuyers’
The changes to how real estate commissions are advertised and sourced as a result of the National Association of Realtors’ proposed settlement has led to the creation of Shay, an application to help homebuyers avoid the traditional sales model.
Luxury Presence CEO: AI is ‘absolutely’ here to stay
Industry leaders argued Monday that artificial intelligence will continue disrupting real estate and that leaders must learn how to harness it.
Restb.ai: In most markets, floor plans reduce days on market
Artificial intelligence software company Restb.ai has released a report on the effectiveness of floor plans on days on market.
Local Logic helps power Lundy’s Finding Homes voice search
Local Logic, the community and market insights marketing solution, will be working with Lundy, an AI-derived voice search option for the visually impaired.
Rocket Homes tech chief unpacks ‘Explore Spaces’ visual search tool
Rocket Homes Chief Technology Officer John Fair told Inman the tool has already resulted in users spending nearly twice as long on the lender’s website and returning six times more frequently.