Real estate giant Realogy Holdings Corp. announced today that it will host an innovation summit this summer showcasing new tech products and rewarding the most innovative company with a $25,000 award.
The Realogy FWD Innovation Summit, scheduled for June 18, will showcase a number of new industry technology products that the real estate-franchising company will select from a pool of online applicants.
In a nod to today’s acute inventory shortage, Trulia recently conducted a “regrets survey,” reporting in a blog post that the results are particularly relevant because the tight supply of the current market is likely to rush buyers into making purchases without doing proper due diligence.
“Many homes don’t stay on the market for long, so buyers will have to move fast — especially in markets with bidding wars and competing investor activity,” Trulia Chief Economist Jed Kolko wrote in a blog post. “But when it comes to searching for a home, as with everything else, moving too fast leads to mistakes and regrets.”