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Opendoor on using data science to close real estate deals

Venture Beast

Opendoor's Sam Stone discusses machine learning algorithms in real estate industry and how data science is used to assess property values. AI Big Data Enterprise VB Home Page category-/Real Estate data science deep learning neural network real estate Real estate tech

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Realogy CTO Discusses Cloud Transformation for Real Estate

Information Week

Bringing a major real estate services company with multiple brands in its portfolio to the cloud required a multifaceted strategy that continues to evolve

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How CINC Cut Down Churn on Its Apps for Real Estate Agents

Information Week

Using insights on user experience from FullStory gave CINC perspective on how to keep real estate pros better connected with their clients

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SmartZip Brings Real Estate Data to the Blockchain with Chainlink

CTOvision

Through this new Chain Link node, SmartZip can supply their proprietary real estate data including property prices, rental […]. SmartZip is excited to announce that they will join Chainlink’s market-leading decentralized oracle network by launching their own Chainlink node.

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Real estate has gone meta

Vox

In November, a company sold a tract of virtual real estate for about $2.5 This mostly fictional, virtual world is getting hot like a real estate market. This Decentraland deal did not, strictly speaking, involve real money.

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Doorstead launches real estate property management service in Seattle

GeekWire

Doorstead , a San Francisco-based real estate property management startup founded by former Uber employees, is starting to expand nationally and just launched in the Seattle region. for real estate property management startup Doorstead. Real Estate Startups doorstead

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Zillow acquires real estate marketing company VRX Media to boost listing services

GeekWire

VRX offers real estate-focused content such as aerial drone photography, virtual staging, 3D tours, and high-definition images. It was founded in 2015 by former real estate agents Seth Green and Nathan Strom. Real Estate acquisition Showingtime+ VRX Media zillow group

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Lynkey wants to transform Vietnam’s real estate and tourism with blockchain

Venture Beast

Commerce Consumer Entrepreneur technology blockchain category-/Finance/Investing Cindy Tran Dinis Guarda LynKey NFTs real estateLynKey plans to combine the luxury resort and tourism businesses with blockchain to transform the property ecosystem in Vietnam. Read More.

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Real estate report points to Blue Origin’s rapid expansion near HQ in Seattle area

GeekWire

A memo laying out a real-estate sales offering suggests that Renton, Wash., The property, with 274,931 square feet of rentable space, had been purchased by California-based Redwood-Kairos Real Estate Partners in 2015 for $45 million.

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Seattle appraisal startup Aloft lands $20M from real estate heavyweights

GeekWire

The news: Seattle-based real estate startup Aloft raised $20 million to grow its software platform used for home appraisals. The backers: Real estate-focused VC firm Fifth Wall led the Series A round. The Aloft team in Seattle.

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Is the tech industry impacting Seattle’s cooling real estate market?

GeekWire

Seattle’s booming tech economy has altered the regional real estate market over the last decade, with home prices moving steadily upward in the face of low inventory and high demand. ” The broader real estate market has been weakening throughout the year.

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After a rocky 2022 for real estate, here are 5 trends to watch for Redfin and Zillow

GeekWire

The once high-flying real estate market sputtered in 2022, dragging many real estate tech companies down with it. Most of Zillow’s revenue will come from Premier Agent, its advertising service for real estate agents looking to serve prospective home buyers.

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Prophia, which extracts info from commercial real estate contracts, raises $10.2M

GeekWire

Prophia , a startup building a platform that scours and extracts key terms from commercial real estate contracts, raised $10.2 Rising interest rates brought on by inflation and the growing adoption of hybrid work has slowed the commercial real estate sector.

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Redfin CEO, DoorDash co-founder invest in new startup building portal for Mexico real estate

GeekWire

A trio of Redfin alums are teaming up to launch a startup that focuses on buying and selling real estate in foreign markets. It teamed up with property management firms and real estate agents in the country to catalogue more than 230 properties available for purchase.

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Seattle real estate startup Flyhomes cuts 20% of staff, citing ‘uncertain economic conditions’

GeekWire

The Seattle real estate company laid off approximately 20% of its staff, a spokesperson confirmed to GeekWire. home sales , which has forced real estate companies such as Flyhomes and others to trim headcount. Real Estate Startups flyhomes layoffs

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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.

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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

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Top Real Estate Apps

IT Toolbox

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

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How iBuying Could Be Screwing You Out of Buying a Home

Gizmodo

The real estate industry was thrust into the spotlight last week, when Zillow , the digital property listing company, announced that it would be shuttering “Zillow Offers,” its “iBuying” division.

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Zillow Group and NAR hit with antitrust lawsuit filed by Real Estate Exchange over home listings

GeekWire

Austin-based real estate startup Real Estate Exchange (REX) filed an antitrust lawsuit Tuesday in federal court in Seattle against Zillow Group, accusing Zillow of anticompetitive behavior related to how certain homes are shown on its platform. Real Estate lawsuit Zillow

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NFT fans lose millions in video game real estate sales

TechSpot

The collection sold (or at least tried to sell) tokens to claim real estate and resources in Yuga's upcoming metaverse game, Otherside. Yuga Labs sold Otherdeed NFTs via Opensea.

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Zillow Group beats Q3 expectations but cautions that real estate outlook remains ‘challenged’

GeekWire

The Seattle real estate giant reported total Q3 revenue of $483 million, beating expectations of $456 million. Real estate companies are feeling the impact of a housing market slowdown and mortgage rates that recently eclipsed 7% for the first time in two decades.

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Zillow to shutter home buying business and lay off 2,000 employees as its big real estate bet falters

GeekWire

The Seattle online real estate giant said today it will shut down Zillow Offers, its iBuying program that aims to digitize and accelerate the homebuying experience. ” Read Barton’s full letter to shareholders below: Tech Real Estate Zillow(Zillow Photo).

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Data analytics startup NavigatorCRE raises $17.2M for tech that aids commercial real estate industry

GeekWire

Seattle-based NavigatorCRE, makers of a data analytics platform that serves the commercial real estate industry, has raised $17.2 Startups commercial real estate Funding NavigatorCRE SAAS Software(NavigatorCRE Image).

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With deep roots in Seattle, real estate brokerage Compass reportedly eyes IPO

GeekWire

Compass CEO Robert Reffkin last year after cutting the ribbon on the real estate brokerage’s tech center in Seattle’s South Lake Union neighborhood. billion — faces intense competition from two of Seattle’s homegrown real estate powerhouses: Zillow Group and Redfin.

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Scoop: Flyhomes acquires Loftium, combining two Seattle real estate tech companies

GeekWire

GeekWire File Photo / Monica Nickelsburg) Flyhomes is broadening its suite of home-buying tools by acquiring the host-to-own platform Loftium in a Seattle startup real estate deal. Loftium co-founders Yifan Zhang (left) and Adam Stelle.

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Uber vets raise $12.5M for real estate property management startup Doorstead

GeekWire

New funding: Doorstead , a San Francisco real estate property management startup founded by former Uber employees, raised a $12.5 Company background: The 2-year-old startup targets 15 million small real estate investors who own single-family units and need help renting out their space.

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Real estate investment startup Arrived Homes adds vacation rental properties to platform

GeekWire

The startup uses crowdfunding to help these investors purchase shares of rental properties for as little as $100, aiming to democratize real estate investing beyond wealthy individuals and institutional buyers. Real Estate Startups Aribnb arrived homes short-term rentals vrbo

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Redfin CEO gets into real estate reality TV with spot on new Netflix show ‘Buy My House’

GeekWire

The “Buy My House” real estate pros, from left: Financial property specialist Danisha Wrighster, Redfin CEO Glenn Kelman, Corcoran Group President and CEO Pamela Liebman and Atlanta Falcons linebacker Brandon Copeland.

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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

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SuperWorld teams with Props for selling NFT virtual real estate

Venture Beast

SuperWorld is a the virtual world in augmented reality that allows users to buy and sell virtual real estate, using NFTs. Read More. GamesBeat VB Home Page category-/Online Communities DeanBeat News NFTs nonfungible tokens Props SuperWorld

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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. Tech Real Estate Zillow(Zillow Photo).

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Real estate startup Flyhomes aims to address homebuyer’s remorse with new guarantee

GeekWire

A remedy for homebuyer’s remorse: Real estate startup Flyhomes today unveiled a new offering called Flyhomes Guarantee for Buyers that gives clients a way to move out of a home they recently purchased. Real Estate Startups flyhomes

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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.

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Upland raises $18M at $300M valuation for NFT-based virtual real estate game

Venture Beast

Upland has raised $18 million at a $300 million valuation for its NFT virtual real estate game, whic is akin to Monopoly in the real world. Read More. GamesBeat Mobile category-/Online Communities/Virtual Worlds DeanBeat News NFT games NFTs Upland

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Trulia founder, Zillow vets invest in $1.5M round for new real estate startup Instashowing

GeekWire

Instashowing , a startup with an online real estate tool designed to help agents easily schedule home showings, has raised $1.5 Flint previously founded Trulia, a real estate listings company acquired by Zillow in 2015. (Instashowing screenshot).

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Another real estate tech startup comes calling in Seattle, as Knock offers its financing services

GeekWire

Knock has come knocking in the Seattle-area real estate market. New York and San Francisco-based Knock was launched in 2015 by the founders of Trulia, the online real estate company acquired by Zillow that same year for $2.5 (Knock Image via Instagram).

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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. Startups la haus Pete Flint Real Estate Spencer Rascoff

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Real estate guru to launch industry news site, led by Seattle tech vets, amid tough housing market

GeekWire

Real estate consultant Stefan Swanepoel is chairman of Real Estate News, launching this fall. (T3 Real Estate News will have plenty of real estate news to cover, as the housing market grapples with the effects of the economic downtu rn and rising mortgage rates.

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Real estate giant Compass lays off 84 workers in Washington state as it targets tech team for cuts

GeekWire

New York-based real estate brokerage Compass has laid off 84 employees based in Washington state as part of a reduction that largely targets the company’s technology workforce. Real Estate Compass layoffs

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The rise of high-tech real estate investing platforms and their effect on housing affordability

GeekWire

Real estate tech startups are making it easier for people to invest and manage property. But researchers argue that the lack of affordable housing has more to do with the limited supply, not the proliferation of tech-enabled real estate investing platforms.

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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

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Real estate riches: Paul Allen’s Hawaii estate sells for $43M; Oprah home gets $14M on Orcas Island

GeekWire

High-priced real estate with Northwest connections has changed hands for top dollar according to reports out of Hawaii and Orcas Island, Wash. The report, citing Hawaii County Tax records, says that the Allen estate’s largest parcel is 10.3