To elevate the industry, Chime becomes Lofty
The rebrand was driven by a number of business factors, such as ongoing confusion with the web bank of the same name and its evolution far beyond customer relationship management
by Craig C. Rowe Nov 7
Compass trims losses, improves cash flow despite Q3 revenue dip
The brokerage saw revenue fall 10% year over year, but also managed to cut net losses from $154M in the third quarter of last year to $39M this time around, according to a Q3 earnings call Monday
by Jim Dalrymple II Nov 6
RealScout tracks down enterprise deal with Anywhere
Agents and teams at Century 21, Sotheby’s International Realty and Coldwell Banker, among others, will have access to the software as part of an enterprise-level agreement
by Craig C. Rowe Nov 6
Inspired, purposeful productivity app RealtyTek is a good start: Tech Review
RealtyTek is a mobile app for real estate agents and their customers to help automate transaction business functions, but it struggles with growing pains in a few critical places
by Craig C. Rowe Nov 3
In 2024, Lone Wolf customers to experience next-generation products
Announced to the audience at the 2023 T3 Sixty Tech Summit was a 'new generation' of Lone Wolf solutions constructed to run on the connected Lone Wolf Foundation platform
by Craig C. Rowe Nov 2
Opendoor can't hang on to profitability as Q3 revenue craters
The iBuyer saw revenue fall 71% year over year in the 3rd quarter of 2023. The company also lost $106M — a reversal from Q2's net profit
by Jim Dalrymple II Nov 2
Mortgage software provider Vesta powering Upstart's HELOC launch
Since announcing a $30M Series A funding round last year, Vesta has added partners and integrations at a rapid clip, including Willow Servicing, a cloud-based mortgage servicing platform
by Matt Carter Nov 2
Lucky number? Radius Agent lands its 2nd $13M funding round
After a $13M Series A in May, led by Peter Flint's NFX, the brokerage-as-a-service platform secured a Series B in the same amount, also from Flint
by Craig C. Rowe Nov 2
Offerpad on path to profitability as net losses slid 75% in Q3
The iBuyer reported Q3 earnings Thursday, with revenues declining 71% YOY to $234.2M. Offerpad dramatically slimmed losses and is on track to reach Adjusted EBITDA profitability by 2024
by Marian McPherson Nov 2
Zillow's Q3 revenue ticks up, losses shrink despite rough market
The portal giant brought in $496M in revenue between July and September. That's a 3% increase compared to 1 year earlier
by Jim Dalrymple II Nov 1
Zillow acquires CRM Follow Up Boss, super app 'mission' ongoing
'If you love Follow Up Boss now — just wait.' - Zillow President Susan Daimler
by Craig C. Rowe Nov 1
New startup Foyer helps first-time homebuyers with savings program
The '401(k) for homeownership' helps first-time buyers achieve their savings goals with 4.51% APY high-yield savings accounts, as well as educational tools and matching with agents and lenders
by Lillian Dickerson Oct 31
Restb.ai ventures north with Saskatchewan deal, eh?
The Saskatchewan Realtors Association’s 1,700 members will benefit from the innovative tech company’s ability to extract and use actionable data about properties from still images
by Craig C. Rowe Oct 30
MLS partnerships pay off as RentSpree reaches 2M users
The user mark represents a 598%, 3-year revenue increase and the notoriety of being named to the Inc. 5000 list of the country’s fastest growing private companies
by Craig C. Rowe Oct 30
New Boom API to scale reporting of tenant payments to credit bureaus
New product will allow virtually any large-scale property management platform or rent payment gateway to directly embed its payment reporting module for simpler tenant payment reporting
by Craig C. Rowe Oct 30
Pl@tform gives @properties | Christie's International Real Estate agents a well-integrated, stable proptech foundation: Tech Review
What started in 2005 has become the foundation for what is now a multifaceted business application that can benefit all levels of agents who hang a license at an @properties | Christie’s International Real Estate office
by Craig C. Rowe Oct 27