Zillow Group real estate rival Compass files for IPO, shows $3.7B in revenue for 2020

GeekWire

Compass CEO Robert Reffkin in 2019 after cutting the ribbon on the real estate brokerage’s tech center in Seattle’s South Lake Union neighborhood. Real estate brokerage Compass filed for an IPO on Monday. Real Estate Compass Redfin Zillow

Look who’s Arrived: Tech vets launch Seattle real estate startup to crowdfund rental home investing

GeekWire

Another tech-fueled real estate startup has arrived on the scene in Seattle. Real estate vet Joel Mezistrano is also part of the team as CFO. based CrowdStreet is another real estate crowdfunding platform that raised $12 million in November.

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Top Real Estate Apps

IT Toolbox

This post looks at a few of the top real estate apps

Zillow Surfing 2.0: Real estate giant uses AI to beef up virtual touring tool

GeekWire

Virtual tours have been key for real estate sites such as Zillow and Redfin during the pandemic. The technology also may help boost Zillow’s growing Zillow Offers home-buying and selling business that aims to streamline real estate transactions.

Saltmine raises $20 million to automate office space design

Venture Beast

AI Big Data Cloud Dev Enterprise Entrepreneur Mobile VB Home Page ai artificial intelligence category-/Real Estate/Real Estate Listings/Commercial Properties Covid-19 funding daily machine learning office space Pandemic real estate Saltmine

For just $30, this online training can help you enter the world of real estate

Mashable VR

TL;DR: Elevate your knowledge of real estate with the Ultimate Property and Real Estate Management Training Bundle for $29.99, a 97% savings as of Jan. The world of real estate is certainly appealing to those of us looking to switch careers in 2021.

Real estate brokerage Compass to acquire Seattle-based home closing startup Modus

GeekWire

New York-based real estate brokerage and tech company Compass will acquire Modus , a Seattle startup that automates the title and escrow phase of closing on a home. Real Estate Startups acquisition Compass Modus

Real estate software and data analytics company RealPage to be acquired for $10.2 billion

Venture Beast

RealPage, which develops cloud-based software and data analytics for the real estate sector, is to be acquired in a deal worth $10.2 billion. Read More. Big Data Business Cloud Enterprise Mobile category-/Computers & Electronics RealPage Thoma Bravo

Inject your real estate strategy with tons of data for just $30

Venture Beast

Real estate, for instance, could see considerable shifts in the coming years. According to FastCompany, the transition to a more data-driven approach to real estate will help “reshape the markets, bringing new investors int… Read More. Business category-/Finance/Investing category-/Real EstateSPONSORED DEALS: In the age of Big Data, those who invest in tools to harness data will see significant returns in the future.

Dive into the real estate world with a $40 course bundle

Mashable VR

TL;DR: Learn more about real estate with the Complete Real Estate Investing: Learn to Fix and Flip, Step-by-Step Bundle , on sale for $39.99 You don't have to be on Selling Sunset to get real estate investment guidance from actual pros.

Zillow Group CEO Rich Barton on the ‘Great Reshuffling’ and a ‘tectonic shift’ in real estate

GeekWire

The online real estate giant on Thursday posted better than expected financial results for its second quarter with $768 million in revenue, up 28% year-over-year. ” Fellow Seattle real estate giant Redfin also beat estimates for its quarterly earnings last week as the U.S.

GeekWire Awards: Flyhomes CEO Tushar Garg on leading a real estate startup through the pandemic

GeekWire

As 2019 drew to a close, the real estate startup had $141 million in fresh funding to fuel the expansion of its novel home-buying service beyond Seattle to Portland, Boston, and Los Angeles. ” Podcasts Real Estate Startups flyhomes

Australian real estate company goes all in on public cloud

Computer Weekly

Australian real estate marketing company moves systems into the cloud to help it compete during a property boom

What Should You Expect From Real Estate Technology In 2018?

IT Toolbox

Technology is becoming more and more important in the real estate sector, mainly because of having to deal with shifting market conditions or consumer behavior changes that are completely unexpected. Different emerging technology companies appear every single year and are focused on residential and commercial real estate services and products. We can say that the real

Zillow and Trulia founders invest in Latin America real estate startup La Haus

GeekWire

Zillow Group co-founder Spencer Rascoff and Trulia co-founder Pete Flint are among the investors in La Haus , a startup aiming to digitize the real estate experience for consumers in Latin America. Flint previously founded Trulia, a real estate listings company acquired by Zillow in 2015. The backing from real estate tech veterans is a vote of confidence for La Haus, which facilitates home buying and selling in Bogotá and Medellín, Colombia, as well as Mexico City.

Dreaming of a new home? Zillow’s new ad campaign signals changes in real estate and marketing

GeekWire

The new campaign from the Seattle-based real estate technology company is also notable as a business indicator. But real estate has been surviving the pains of the pandemic. Real Estate Advertising commercial Housing marketing Zillow

Top Tech Tricks to Increase Real Estate Prices

IT Toolbox

There aren't too many better examples than the real estate market because homes aren't cheap. One of the biggest benefits of technology is the huge return on your investment by making small changes to the way you currently do things. Let's look at some of the technology revolutionizing the industry

Zillow restarts home-buying business, showing confidence in real estate amid ongoing pandemic

GeekWire

Zillow Group is resuming its Zillow Offers home-buying business, reflecting the company’s confidence in real estate despite the ongoing global pandemic. Zillow CEO Rich Barton expressed optimism for the future of real estate even though COVID-19 has slowed home sales and leaves the industry with an uncertain future. Tech Real Estate Zillow(Zillow Photo).

Redfin and Zillow resume home-buying businesses in scattered markets, citing real estate rebound

GeekWire

Seattle-based real restate company Redfin is resuming its RedfinNow home-buying business in four additional markets, the company announced Friday , continuing to power back up a business that was paused because of the coronavirus pandemic. RedfinNow stopped making offers on March 17 as economic uncertainty showed the real estate market taking a turn for the worse. Real Estate home buying home selling Redfin RedfinNow Zillow Zillow Offers(Redfin Photo).

Break into the world of real estate investing with this $25 primer

Mashable VR

TL;DR: Before jumping into investing, take the time to learn more about the business with The Fundamentals of Real Estate Investment Bundle for $25, a 97% savings as of July 24. If Animal Crossing isn't your thing and you'd rather play in the real world, then keep reading.

Death of the HQ? Pandemic hits commercial real estate, but long-term trends still open to debate

GeekWire

Commercial real estate firms, which have their own inherent biases on the topic, remain bullish about employees eventually returning to the office despite increasing vacancy rates over the past quarter. “It will take some time to return to our pre-COVID-19 levels but we are confident of our recovery,” real estate company Broderick Group said in its Q3 report for the Seattle region. ” Real Estate

The Best CRM Solution for Real Estate Agents

IT Toolbox

Like many other industries, real estate can use all the help available, which is why many brokers and agencies are asking the question, “What’s the best CRM solution?” Customer relationship management (CRM) apps have traditionally been designed to make the sales process more efficient. ” With so many choices—Contractually, Wise Agent, and Salesforce.com, to name but a few—it’s

Hover raises $60 million to streamline home inspections with computer vision

Venture Beast

AI Big Data Business Cloud Dev Mobile 3D ai artificial intelligence category-/Real Estate/Real Estate Services computer vision funding daily home inspection Hover machine learning models

Orchard raises $69 million to develop machine learning for buying and selling homes

Venture Beast

AI Business Entrepreneur artificial intelligence category-/Business & Industrial category-/Real Estate funding daily machine learning Orchard real estate

Former AWS real estate managers, accused of taking millions in kickbacks, challenge Amazon’s motives amid FBI investigation

GeekWire

Eleven data center deals are now the subject of a suit by Amazon vs. two former AWS real estate managers and others. The Department of Justice, acting in concert with Amazon, has also seized millions in proceeds related to 11 Virginia real estate deals involving Kirschner and Nelson.

Scott Noteboom: Technology Trapped in Real Estate Prison

Data Center Knowledge

Former Apple and Yahoo data center chief Scott Noteboom spoke at Data Center World on the need to free data center technology from the real estate mind set. Read More. AFCOM Data Center Design Featured

Is the office dead? What COVID-19 means for the future of property tech

Venture Beast

Business Commerce Enterprise Entrepreneur category-/Real Estate/Real Estate Listings/Commercial Properties property techWhen lockdowns ease, we will see more variability in when and how offices are used along with increased employee expectations of the workplace. Read More.

Real estate loan firms turn to CRM specialists

IT Toolbox

The fast-expanding world of direct loans is being driven by the withdrawal of banks from a great deal of private lending activity, including to both individuals and small businesses. It’s no surprise that competitor firms are entering the space, bringing the requirement for highly sophisticated CRM processes that can support loan origination plus ongoing monitoring of client loans.

The immense social media opportunity for real estate

Trends in the Living Networks

It described how a couple had bought their dream home after finding it on the Facebook page of a real estate agent. The journalist writing the article called me for some comments and included this at the end of the piece: Social-media expert Ross Dawson said Facebook had enormous potential, but many real estate agent’s efforts were “terrible” “They just don’t understand it.

Real estate giant Redfin beats Q2 estimates with $214M in revenue; CEO says ‘we’re inside a tornado’

GeekWire

Seattle-based real estate company Redfin topped Wall Street estimates for its second quarter earnings , reporting $214 million in revenue, up 8%, and a net loss per share of $0.08. The Seattle-based real estate giant published a report last week showing a “strong” U.S.

Real estate tech company Porch adds five new directors to board ahead of public stock listing

GeekWire

The real estate technology venture and home improvement marketplace announced plans in July to become publicly traded through a merger that values the Seattle company at $523 million.

The Impact of Artificial Intelligence on Workspaces

Calum Chace

Artificial intelligence will change everything - even big office real estate

Redfin posts $191M in Q1 revenue; CEO says tech will help real estate giant navigate COVID-19 crisis

GeekWire

The Seattle real estate company posted its first quarter earnings report on Thursday with $191 million in revenue, up 73% and beating expectations of $178 million. “Real estate commerce has probably virtualized itself more in the past two months than it had in the prior 20 years,” he said in a statement. Tech Earnings Real Estate Redfin(GeekWire Photo / Nat Levy). Redfin is leaning on technology as it adapts amid the global pandemic.

Resonai offers enterprises an AR-AI concierge for commercial buildings

Venture Beast

AI AR/VR Business Enterprise ai AR category-/Business & Industrial category-/Real Estate commercial buildings concierge retail storesAI and augmented reality let enterprises offer digital concierges for their commercial properties, guiding visitors to meeting and stores. Read More.

Porch to go public at $523M valuation in SPAC deal, marking new era for real estate tech company

GeekWire

Porch, a real estate technology venture and home improvement marketplace that has spent four years quietly renovating its own business, plans to become publicly traded through a merger that values the Seattle company at $523 million. Porch’s Seattle headquarters. Porch Photo).

Google Out of Space at 111 8th, Eyes More Manhattan Real Estate

Data Center Knowledge

Just three years after buying one of the largest buildings in Manhattan, Google is apparently running out of office space at 111 8th Avenue and is once again scouting Manhattan real estate. Read More. Google

Jury Acquits Real Estate Developer Rackspace Accused of Fraud

Data Center Knowledge

Litigation over 2007 purchase of former Texas shopping mall far from over. Read More. Rackspace Hosting

Zillow Group CEO Rich Barton on why he’s bullish about real estate despite pandemic

GeekWire

The Zillow Group CEO expressed optimism for the future of real estate despite a global pandemic that has slowed home sales and leaves the industry with an uncertain future. “One thing we’ve always believed, and confirmed again over the past two months, is real estate is resilient,” Barton said in the letter, co-written with Zillow CFO Allen Parker. ” The Seattle real estate giant posted Q1 revenue of $1.1

Redfin beats Q4 earnings estimates with $244M in revenue and record traffic

GeekWire

A hot real estate market helped Redfin’s monthly active visitors grow to a record 44.1 Redfin and other real estate tech companies including fellow Seattle giant Zillow Group are benefiting from a strong U.S. Real Estate Redfin(GeekWire Photo / Nat Levy).

Get a look at your next home with these 3D real estate tours — Future Blink

Mashable VR

Users can take photos of the home with their camera then, using artificial intelligence, the Matterport app converts the photos into a VR-like experience. Read more. More about Tech , Mashable Video , 3d , Vr Experience , and Future Blink. Tech Mashable Video 3d Vr Experience Future Blink

Zillow will use its Zestimate tool to make cash offers for home-buying service

GeekWire

We’re now a small, but important step closer to realizing the Big, Hairy, Audacious Goal (BHAG) we set 15 years ago, of putting a real price on every rooftop and enabling home shoppers to magically fly over neighborhoods and see those prices. Real Estate Zillow

Zillow Group to raise nearly $1B through stock and debt offerings to help support real estate business

GeekWire

The Seattle real estate giant on Wednesday announced pricing for stock and debt offerings that will provide up to $993 million in net proceeds. Zillow beat first quarter earnings expectations last week as CEO Rich Barton expressed optimism for the future of real estate amid the COVID-19 pandemic. Zillow Group is looking to inject some cash into its business.

For Sale: Oil Company Headquarters, Slightly Used

GizModo VR

crude awakenings fire sales big oil bp fossil fuels real estateWhen you fall on hard times, you sometimes have to downsize. So it is with BP, which is in talks to sell its London headquarters because of massive financial losses. Multinational oil companies: They’re just like us.