Rocket reorganizes to close Redfin acquisition, Mr. Cooper on deck

By handling every aspect of homebuying and selling, from search to financing to title and closing — Rocket aims to cut transaction costs on the median priced home in half, from $40,000 to $20,000. Continue reading

Compass AI is poised to bring agents ‘massive productivity gains’

With the update, real estate agents will now be able to speak prompts to Compass AI, freeing up time for other tasks, Rory Golod, president of growth and West regions at Compass, told Inman. Continue reading

Real estate AI increasingly blurs the lines between humans and tech

Real estate companies are rolling out AI assistants with human names and attributes. The tools are increasingly blurring the lines between what tech can do — and what it is. Continue reading

Rocket will pay off $4B in Mr. Cooper debt after acquisition

Although Rocket’s plans to acquire Mr. Cooper and Redfin are structured as all-stock deals, assuming their debts will leave Rocket more highly leveraged, Fitch analysts said of possible debt rating downgrade. Continue reading

Douglas Elliman launches new AI-powered website

The digital platform will include an AI-powered home search tool and a private space for agents and clients to collaborate. The website will also include the “World of Elliman,” a digital lifestyle hub with original content. Continue reading

Rocket consolidates home search, mortgage with Rocket.com launch

Announced Wednesday, Rocket’s new domain targets high-intent homebuyers by utilizing AI to provide around-the-clock support, answer questions and keep clients and agents informed. Continue reading

Flyhomes’ NeighborVote reveals neighborhood political leanings

NeighborVote combines precinct-level voting data aggregated by the MIT Election Data & Science Lab with Flyhomes AI, allowing users to ask questions, such as  “Is this home in a red or blue neighborhood?” or view political insights directly on a h… Continue reading

EXp Realty to host AI-powered Hackathon in Miami Beach

The brokerage is set to host its inaugural Hackathon on Oct. 26. In addition to prizes, participants will have the chance to network with industry leaders. Continue reading