Closing escrow: Rebate-based Prevu lands $6M Series A

Alternative brokerage model Prevu secured $6 million in a Series A round of funding to continue providing its “Carvana-like,” technology-first brokerage service. Continue reading

Merger of Lower and Thrive would give Veritex 12.5% ownership stake

Parent company of Veritex Community Bank, which paid $54.9 million to acquire a 49 percent interest in Thrive Mortgage in 2021, expects a $25 million to $30 million loss if the deal closes. Continue reading

Is Aalto the alt brokerage consumers want? Tech Review

At its heart, the company is a brokerage, but with twice the number of coders and designers than advisers, it’s more of a “technology company” than Keller Williams and Compass. Continue reading

‘Grow, grow, grow’: Realtor.com’s plan to come out swinging in 2024

Realtor.com is ramping up its competition with rival portals heading into the new year as it rolls out enhanced listing-focused products for agents, Chief Marketing Officer Mickey Neuberger told Intel exclusively. Continue reading

Rocket Homes app puts listings on your car’s infotainment screen

Integration with Apple CarPlay turns the commute “into an exciting and natural part of the homebuying journey” — unless you drive a Tesla. Continue reading

Automating verifications lets loanDepot OK loans in minutes

After months of beta testing, the melloNow underwriting engine can analyze credit reports, detect fraud, and validate income and employment data without human assistance. Continue reading

Simply Homes funded $22M to apply AI to home affordability crisis

Simply Homes applies a more proptech-oriented approach by using an artificial intelligence-generated performance model to determine what each property will require to reach livability and in time, profitability. Continue reading

Cloze teams with design platform Canva for seamless listing magic

Cloze is the first application in its category to integrate with the web-based graphic design platform Canva, the customer relationship management platform revealed exclusively to Inman. Continue reading

Inman expands awards program to honor future leaders, AI trailblazers

Public nominations are now open in four awards categories for 2024, including a slate of new honors designed to spotlight achievements in artificial intelligence and recognize real estate’s emerging leaders. Continue reading