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Redfin partners with security giant ADT for program that lets buyers tour homes without an agent

GeekWire

Redfin’s Direct Access program enables buyers to tour a home by unlocking the door via an app and connected smart lock. Tech tools such as video tours have increasingly helped power real estate transactions during the pandemic, decreasing the need for face-to-face interactions. Redfin Photo).

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Porch makes $35M acquisition; reshuffles board; revenue up 200%; loss grows; PPP loan forgiven

GeekWire

Its quarterly net loss widened to $16.3 ” Porch provides enterprise software to home services companies in areas such as home inspections, moving, real estate, and insurance. PPP loan: In its quarterly filing Monday with the Securities and Exchange Commission, Porch said it received full forgiveness of its $8.1

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Porch makes stock market debut, raising $322M to fuel its ambitions in home services technology

GeekWire

A recent example was San Francisco-based homebuying company Opendoor Technologies, which went public via SPAC on Monday as a potential bellwether for Porch’s debut as another company in the real estate sector. It posted a net loss of $103 million last year on revenue of $77.6 closing price the day before, as of 7:35 a.m.

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Tech Moves: Expedia board director Skip Battle resigns; Madrona promotions; Vacasa’s new CFO

GeekWire

Its net loss for the first nine months of this year was $2.2 Based in New York City, Gavet was most recently COO at real estate startup Compass. Techstars Seattle, which hosts a three month accelerator program, graduated its 11th cohort this year and is led by Managing Director Isaac Kato. billion in 2019. Jamie Cohen.

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Seattle approves new city budget that plugs shortfalls with surplus revenue from business tax

GeekWire

The JumpStart funds aren’t earmarked for particular programs but the General Fund pays for a variety of city services. . On top of that, the city released estimates in November that predict a net decreases of $64 million in the Real Estate Excise Tax, $9.4 The legislation passed Tuesday allows for up to $29.4

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Redfin CEO: ‘The housing market could get worse’

GeekWire

housing market continues to show signs of weakening, impacting Seattle real estate tech companies such as Zillow Group and Redfin. The company also said it plans to shut down its home-flipping “iBuying” program RedfinNow. The Seattle real estate giant reported revenue of $600.5 13 in Seattle.

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Cloud Musings by Kevin L. Jackson: BISNOW Data Center Event.

Cloud Musings

Personal comments and insight on cloud computing related technologies and their use in the public sector to support net-centric operations. The most mission critical programs are moving the slowest. But Steve says he won’t be the first CIO to go into a public cloud and risk the public embarrassment of a security breach.