Recent Articles by Teke Wiggin

Real estate commission offer disclosure bill ‘postponed indefinitely’

Real estate commission offer disclosure bill ‘postponed indefinitely’

Homebuyers who view listings on property search sites never see the fees offered to buyer's brokers by those listings. A proposed Colorado bill might have changed that in The Centennial State, but a committee in the Colorado House of Representatives ...
By Teke Wiggin | Friday, April 28, 2017
How to text real estate leads without breaking the law

How to text real estate leads without breaking the law

Lead generation and phone marketing technologies have made it increasingly easy for real estate agents to market their services through phone calls and texts to prospective homebuyers and sellers. But this could be a slippery slope, as such technolog...
By Teke Wiggin | Thursday, April 27, 2017
Kodak brings on-demand photography to real estate

Kodak brings on-demand photography to real estate

Some homesellers want to list lickety-split. Kodakit, an on-demand photography platform operated by Kodak, can help agents rise to the occasion. In markets where Kodakit has gone live, real estate agents can request a photo shoot at a specific time a...
By Teke Wiggin | Wednesday, April 26, 2017
Gridics, provider of property analysis tool, closes $1.1M seed funding round

Gridics, provider of property analysis tool, closes $1.1M seed funding round

Gridics, the provider of a collaborative search tool for real estate agents and their clients, has clinched $1.1 million in a seed funding round, and has unveiled a new application designed to streamline the development planning and approval process ...
By Teke Wiggin | Friday, April 21, 2017
Craigslist wins $60.6M judgment against RadPad

Craigslist wins $60.6M judgment against RadPad

A$60.6 million judgment has been issued in favor of Craigslist against rental listing site RadPad for violating anti-spam laws and craigslist's terms of service in an alleged data-scraping scheme ......
By Teke Wiggin | Thursday, April 20, 2017
C.A.R. partners with immoviewer to offer 3-D home tours to Realtors

C.A.R. partners with immoviewer to offer 3-D home tours to Realtors

The California Association of Realtors has been hunting for an "affordable and accessible agent-centric 3D tour software" for its members. Now, it's found a winner ......
By Teke Wiggin | Wednesday, April 19, 2017
Is ‘pay what you want’ crazy enough to work in real estate?

Is ‘pay what you want’ crazy enough to work in real estate?

Realtor Brian Holt recently signed a listing agreement, standard but for one minor detail: the absent commission rate. Rather than stipulate a fee, the contract stated that his client, Damian Romano, would pay Holt whatever he wanted. Holt stood to e...
By Teke Wiggin | Wednesday, April 19, 2017
MortgageHippo, backed by @properties, nabs $2.25M

MortgageHippo, backed by @properties, nabs $2.25M

A wave of innovation is sweeping across the mortgage industry, fueled by technology investments by lenders and a proliferation of startups. MortgageHippo, a provider of mortgage-origination software with backing from a real estate brokerage, exemplif...
By Teke Wiggin | Tuesday, April 18, 2017
‘If I cut my commission, will you?’: Dealing with a sticky proposal

‘If I cut my commission, will you?’: Dealing with a sticky proposal

Realtor Manny Menezes recently received a tough request from a listing agent: If she chipped in some of her commission to make a deal work, would he do the same? Menezes was hesitant. He knew he was worth at least a 2.5 percent commission fee, nothin...
By Teke Wiggin | Friday, April 14, 2017
Realtor.com expands 3-D Matterport home tour integration to desktop website

Realtor.com expands 3-D Matterport home tour integration to desktop website

Want a listing to pop out on realtor.com? Add a 3-D tour from Matterport. Realtor.com has expanded Matterport tour integration to its desktop website after announcing similar integration for its iOS app in late March ......
By Teke Wiggin | Thursday, April 13, 2017
NYT’s real estate section puts 3-D home tours front and center on property listings

NYT’s real estate section puts 3-D home tours front and center on property listings

Property search sites that support 3-D home tours generally give the tours a secondary position on listings, choosing to feature property photos most prominently ......
By Teke Wiggin | Tuesday, April 11, 2017
Approved, a mortgage platform for small lenders, announces $1M in funding

Approved, a mortgage platform for small lenders, announces $1M in funding

Applying for a mortgage remains one of the most painful parts of buying a home, so large lenders are investing heavily in technology to simplify the process ......
By Teke Wiggin | Tuesday, April 11, 2017
Vacation home sales plummet for 2nd straight year: NAR

Vacation home sales plummet for 2nd straight year: NAR

Purchases of vacation homes plummeted for the second straight year in 2016, as price growth and financial uncertainty crimped demand, the National Association of Realtors (NAR) reported ......
By Teke Wiggin | Tuesday, April 11, 2017
Email scam hawks fake Zillow leads to agents

Email scam hawks fake Zillow leads to agents

Real estate agents are receiving Zillow-branded emails from a scammer hawking fake leads. At least one real estate agent has been tricked into submitting credit card information for the fake leads. ......
By Teke Wiggin | Friday, April 7, 2017
GeoCV slashes cost of high-quality 3-D home tours

GeoCV slashes cost of high-quality 3-D home tours

In the not-to-distant future, many real estate agents and consumers will be able to use their smartphones to capture 3-D home tours. The Lenovo Phab 2 Pro is the only smartphone on the market that offers this functionality, but a handful of other 3-D...
By Teke Wiggin | Thursday, April 6, 2017
Realtor.com hires new chief product officer, Chung Meng Cheong

Realtor.com hires new chief product officer, Chung Meng Cheong

Move Inc., the owner of realtor.com, has hired Chung Meng Cheong as its new chief product officer to "accelerate product development" and improve realtor.com's user experience ......
By Teke Wiggin | Thursday, April 6, 2017
Location Inc. unveils hyperlocal home price forecasts for banks, lenders

Location Inc. unveils hyperlocal home price forecasts for banks, lenders

Location Inc., the operator of NeighborhoodScout, has rolled out a new data platform for banks and investors that forecasts home price trends at a hyperlocal level ......
By Teke Wiggin | Wednesday, April 5, 2017
Riley, a lead-qualification service for real estate agents, raises $3.1 million

Riley, a lead-qualification service for real estate agents, raises $3.1 million

Real estate agents who use Riley, a concierge service that sends text messages on behalf of agents, sometimes wake up to a treat that's better than breakfast in bed: buttered-up leads. Now, the company has clinched $3.1 million in funding, fresh off ...
By Teke Wiggin | Tuesday, April 4, 2017