Matterport and Vacasa will be traveling a lot together in the near future. The vacation home company hired the digital twin creator in a multi-year contract to help market its global portfolio of vacation homes under management. Continue reading
The feature is in beta mode and, upon formal rollout, will allow agents instant access to room dimensions and total square footage by room and floor, according to an announcement Tuesday. Continue reading
Matterport posted second-quarter revenues of $39.6 million — a 39 percent increase from the same period a year earlier that squeaked past analyst estimates of $39.2 million, according to a Tuesday earnings call. Continue reading
Matterport, the company that commercialized 3D listing tours and made the industry familiar with the term “digital twin,” has set yet another benchmark for digitally immersive real estate marketing with the release of Genesis. Continue reading
Much-needed changes were made according to account level. Customers were lumped into buying what seemed like random blocks of home scans with big gaps between the number of digital twins allowed. Continue reading
On a quarterly earnings call Tuesday, Matterport told shareholders, analysts and media attendees that total revenue for the first quarter of 2023 was $38 million, a 33 percent increase from quarter one last year.
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Matterport earned $136.1 million in 2022, which wasn’t enough to offset $26.5 million in losses for the final three months of 2022 and $116.6 million for the year, according to the company’s latest earnings release on Wednesday. That was more than doub… Continue reading
Matterport Digital Pro includes 3D tour, 25 or more high-end still photos, a static 2D floor plan and a 10-15 second preview reel. Continue reading
When you peel back the industry stigma of open houses, you’ll find the only people who really complain about them are those who should be championing them — real estate agents. Continue reading
A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past three dramatic weeks of third-quarter wins, losses and draws. Continue reading