More activist investors push CoStar to exit Homes.com business
Activist investors call for CoStar to sell or close Homes.com, citing $11B in value destruction and weak results.
Technology
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New app blurs the social media, MLS line
The Tuesday app is intended to simplify how users interact with MLS information — letting agents follow other agents, track listings and more.
Bed Bath & Beyond parent eyes mortgages through deals with Figure, Tokens.com
Bed Bath & Beyond’s parent company has reached an agreement to acquire Tokens.com as part of its plan to launch an investment and personal finance platform, which will also offer home loans through a partnership with Figure Technologies.
Louisville, Ky., joins municipalities piloting AI to fast-track permits
AI pilot programs in cities like Louisville aim to cut permitting delays, saving time for builders and supporting housing supply growth.
NAR, .RealEstate helping Realtors build online presence
The platform includes new website technology, onboarding tools and features to help agents establish an online presence more quickly.
TikTok forms US entity, easing social media marketing concerns for mortgage pros
TikTok’s U.S. joint venture averts a ban, adds data safeguards and brings clarity for mortgage lenders using the app.
Welcome to the age of the AI real estate agent
A recent report found that agents favored AI tools that delivered immediate efficiency gains over complex strategic functions.
Luxury Presence raises $37M to push CRM platform development
Luxury Presence’s new artificial intelligence–driven Presence CRM platform is scheduled to roll out in February.
Why most buyers hire the first agent they talk to
A third of buyers said online research played a large role in selecting an agent. Repeat buyers now account for a majority of home purchases.
The spreadsheet trap: Why investor reporting still operates like it’s 2005
Manually updating spreadsheets. Dealing with paper jams in the printer. Remember what office life was like in 2005? If you’re feeling nostalgic, you can find many of the same practices still in place in the investor’s reporting offices of loan servicers today.
But why haven’t these offices evolved with changing technology?
But why haven’t these offices evolved with changing technology?