Inman Intel: Insights & Research
AI document automation platform signs 100 new customers in 2023 and now supports more than 1,150 types of documents to serve a growing number of use cases, including mortgage
Inman Intel Index Highlights
4 in 10
Anywhere agents who responded to Intel's survey in January said their brokerage has announced it will be switching to Compass tech platforms. Another 39% said their brokerage has not provided guidance on this yet.
40%
of agent respondents in January said they had negotiated compensation with at least one recent buyer — a share that has dipped in recent months but remains higher than at any point before May.
1 in 3
agent respondents in January said their buyer pipelines were worse off than the same time last year, down from nearly 1 in 2 October
55%
of brokerage leaders surveyed in January told Intel they were concerned about the state of the economy. That's as low as any point since the U.S. announced a wide array of reciprocal tariffs on foreign imports in April.
'In an era where affordability is a growing concern for homebuyers, Prevu is committed to making the dream of homeownership more attainable' - Prevu co-CEO Chase Marsh
Luring high-income renters into homeownership will only become more challenging as costs stay high, according to experts and a survey of US consumers conducted by Dig Insights and Inman
Realtor.com is ramping up its competition with rival portals heading into the new year as it rolls out enhanced listing-focused products for agents, CMO Mickey Neuberger told Intel exclusively
Simply Homes applies proptech by using an artificial intelligence-generated performance model to determine what each property will require to reach livability and, in time, profitability
According to Mike DelPrete, high debt, low cash and a lack of profitability in its business model call into question Redfin's current trajectory and its plans for the future
Cloze is the first application in its category to integrate with the web-based graphic design platform Canva, the customer relationship management platform revealed exclusively to Inman
In partnership with Roomvo, the brokerage and search portal's new Redfin Redesign tool grants homebuyers the ability to alter room finishes while alerting agents to a buyer's growing interest
NAR membership declined by 1.4% in the 12-month period that ended in October, with state-level enrollment hewing closely to local housing metrics, according to a state-by-state analysis by Intel
Expect the portal wars to go into overdrive in 2024, with CoStar Group leading an ambitious effort to unseat Zillow as the country's top real estate portal, technology advisor Mike DelPrete writes
ReAlpha Tech Corp. offers an AI engine to analyze investment potential and performance in rental properties, specifically short-term vacation properties, for individual and institutional investors
The acquisition continued the sale-leaseback company's quest to provide ways for homeowners to tap into their equity without losing their homes
The 2 popular proptechs are known for assisting industry professionals with lead conversion and supporting long-term client interaction
The vacation home company hired the digital twin creator in a multiyear contract to help market its global portfolio of vacation homes under management
The company serves private and institutional single-family landlords, multifamily property managers and student housing companies. The funding was led by FirstMark Capital
Fannie Mae said that computer vision enabled them to identify appraisal defects much more efficiently than other processes, including many that were previously impossible to triage
LA's new tax on high-priced property sales has been a drag on the real estate industry while raising far less revenue than the city expected, an Intel analysis suggests