Urban renewal tech startup Venn has announced the completion of its Series A round with a total funding to date of $40 million. Investors include Pitango Venture Capital, Hamilton Lane, on behalf of the New York State Common Retirement Fund, and Bridges Israel. Venn plans to use the investment to enhance R&D capabilities, refine Venn’s
PropTech Update: No More “Baby Steps” Into the Future
March 4, 2019 by
PropTech for research, to buy, to sell and to manage real estate, is the future.
RE/MAX Debuts booj Function at R4 Conference This Week
February 24, 2019 by
Real estate industry stakeholders will get to try out the all-new RE/MAX booj platform at the R4 Conference this upcoming week.
Home trade-in startup Knock raises $400M funding
January 18, 2019 by
Knock, a real estate startup that buys homes directly from homeowners, similar to the better-known Opendoor, has brought in a $400 million investment to accelerate a national expansion and double its 100-person headcount. According to the company, the new funding will allow it to continue its nationwide expansion, add employees, and perhaps most importantly, advance
Agents predict more tech disruption in 2019
January 3, 2019 by
Leading Canadian real estate agent Shawn Zigelstein said in an interview this week that the industry has seen rapid adoption of new technologies in the past few years, and said he expects the trend to continue accelerating in 2019 as more tools and services become available. Speaking to CBC News, Zigelstein said real estate tech
The growing role of tech in real estate
December 18, 2018 by
As consumers increasingly use the internet as their main home search tool, real estate professionals know it’s essential to meet them there. According to a new survey by the National Association of Realtors, agents say the top technology tools they use to obtain leads include social media (used by 47 percent of agents), MLS suites
Rentl launches short-term rental solution for real estate brokerages
November 29, 2018 by
Short-term rental management company Rentl is launching “Powered by Rentl”, a new end-to-end solution that allows real estate brokerages and their agents to instantly launch short-term rental programs under their own brands. Rentl will serve as a comprehensive backend solution, providing the necessary technology and operational infrastructure to service the brokerage’s listings. The program allows
Tenant screening firm RealPage pays $3M to settle dispute over incorrect reports
October 25, 2018 by
Tenant screening company RealPage Inc. has agreed to pay $3 million in order to settle allegations that some of its reports were flawed over a five-year period.
ThoughtWire forms new advisory board to foster innovation in smart buildings
September 18, 2018 by
Operations Performance Management application company ThoughtWire is forming a new advisory board as it looks to foster innovation in smart buildings and eventually, smart cities.
Opendoor buys Open Listings to boost its home-flipping business model
September 13, 2018 by
Online real estate marketplace Opendoor is making its first acquisition, snapping up a discount brokerage called Open Listings. Open Listings is an end-to-end real estate platform aimed at buyers that offers them a 50 percent rebate on the buyer’s agent commission. The idea is that people can search through listings, book private showings, make an
