Mortgage a tough nut to crack for technology provider nCino

Shares in the cloud banking solutions developer are down 14% after the company says the mortgage technology business it acquired for nearly $1 billion in 2022 has been a drag on growth but is expected to pick up. Continue reading

Digital avatars have arrived: Here’s how real estate pros can use them

Reimagine sales, marketing and instruction by using digital avatars to bring the human touch to content without the cost, land investment specialist Curtis Williams writes. Continue reading

OpenAI leaves San Francisco HQ after Elon Musk stops paying rent

The move follows a public rift between the CEO of Tesla and the maker of ChatGPT. Musk had previously been paying rent for OpenAI’s headquarters. Continue reading

LPT Realty rolls out ‘Buyer Power Tools’ resource for agents, clients

The Florida-based brokerage’s buyer-focused marketing and educational resources are made for agents in need of assistance as they pitch buyer representation services, executives told Inman. Continue reading

Jeremy Wacksman on becoming CEO, leading Zillow into a new era

A week after being named CEO, Wacksman shared what it’s like to take the baton from Zillow co-founder Rich Barton, the power of technology and the role portals play in a post-settlement world. Continue reading

DOJ takes aim at RealPage rent-pricing algorithm in antitrust suit

“Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law,” Attorney General Merrick Garland said on Friday. Continue reading

HomeStack, APInation to power up tech stacks

Whereas HomeStack comes with home search functionality, a CRM, on-board communications with two-way activity notifications, lead routing, tour scheduling and other tools, APInation helps send information from one major product to another, and vice vers… Continue reading

Zillow hires former PayPal exec to lead agent sales team

Zillow is continuing its leadership shuffle, with the Seattle-based residential portal announcing a new senior vice president of agent sales on Friday. Former PayPal executive Soumya Tulloss will lead Zillow’s agent sales, the segment that includes fla… Continue reading

Pre-list market insight underpins Lynn’s agent pitch: Tech Review

The value proposition rests on owners publishing their home to the Lynn user community for feedback on its potential value to the market, but an immature user experience and lack of engagement incentives erodes the value prop. Continue reading

Redfin lays off nearly 100 Redfin Concierge service employees

Seattle-based brokerage and portal Redfin laid off almost 100 Redfin Concierge support and sales managers on Thursday. The company said agents will now take the lead on Concierge services. Continue reading