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Equity Angels Partners with Blueprint to Spotlight Emerging Startups at Global Industry Gathering
Leading conference producer supports diversity-focused accelerator through its annual gathering of built world visionaries BELLEVUE, WASH. – Mar. 18, 2024 – Equity Angels — a social impact organization dedicated to advancing diversity for success in technology startups — announces a strategic alliance with Blueprint, the real estate industry's largest global gathering of industry innovators and investors, leading the charge in changing the built world, from construction to transaction. "Blueprint is all about new ideas, innovation and connections, which is why we are thrilled to welcome the emerging startups coming through the Equity Angels program," stated Martin Kelly, President of Blueprint. "Katherine Winston and Kenya Burrell-VanWormer are building a strong foundation for their early-stage founders and we are happy that Blueprint Vegas can provide the platform for them to present alongside the top executives, investors and startup entrepreneurs from across the industry." Thousands of investors, founders and executives gather at Blueprint Vegas and the attendance has increased exponentially within just three years, demonstrating the growth of this sector. Covering more than 8,000 deals, recent research by venture capital firm A/O shows that $17.7 billion was invested in built world technology in 2023 and continues to outperform the wider venture market despite a broader VC downturn. In its 4th edition, Blueprint Vegas will feature 250+ leading voices in real estate, finance and tech, including: Jeanne Casey, Global Head of Proptech and Innovation, Nuveen Pat Dodd, Chief Executive Officer and President, CoreLogic Mike DelPrete, Real Estate Tech Strategist Clelia Peters, Managing Partner, Era Ventures John Poe, Chief Operating Officer, Pritzker Realty Group Spencer Rascoff, General Partner and Founder, 75 & Sunny Ventures Betsy Reed, SVP Technology, Starwood Capital Group David Weiden, Managing Partner and Co-Founder, Khosla Ventures "Given the trillions of dollars under asset management and top investors in attendance, hosting our Demo Day with Blueprint was an easy decision," remarked Katherine Winston, Founder and Managing Partner of Equity Angels. "Our goal is to help our startup founders be at the right place and right time, with the right people. There is no better opportunity than Blueprint Vegas." Blueprint Vegas 2024 will be held on September 17-19 at The Venetian in Las Vegas. For more information: www.BlueprintVegas.com/EquityAngels. About Equity Angels Equity Angels is a social impact organization dedicated to fostering fair access to innovation and opportunity. Its mission is to advance diversity, equity and inclusion within the real estate technology startup ecosystem, through accelerator programs, executive placement and resources for growth. For more information: www.Equity-Angels.com.
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CoreLogic Deepens Capabilities through Strategic Alliance with Google Cloud
CoreLogic's continued collaboration with Google Cloud focuses on new product capabilities powered by Vertex AI  IRVINE, Calif., February 14, 2024 — CoreLogic®, a leading global provider of property data and analytics, has announced the expansion of its strategic alliance with Google Cloud, solidifying a successful collaboration that has thrived over the past half-decade. Since the inception of this relationship, CoreLogic has integrated Google Cloud's forward-looking solutions into all of its crucial property professional workflow solutions. Over 1.5 million property professionals rely on CoreLogic's scaled, secure data and software solutions, giving the company deep insights into the U.S. housing economy.  As part of this extended collaboration, CoreLogic is working with Google Cloud to mature its AI capabilities by leveraging Vertex AI, Google Cloud's enterprise AI platform. This unified platform is designed to accelerate the building of new machine learning models, leveraging pre-built models that empower CoreLogic to unlock valuable insights from its expansive, industry-leading property dataset. CoreLogic is accelerating new product development with wide-scale deployment of image and climate risk analytics, natural language processing and state-of-the-art predictive modeling using Google Cloud's suite of AI solutions. From automating a property listing, to calculating the first-floor height of every structure, CoreLogic is bringing invaluable insights into the hands of every property professional. "CoreLogic has been at the forefront of innovation for decades with our best-in-class property data, platforms and software solutions. Our strategic relationship with Google Cloud has allowed us to further unleash our AI potential, empowering CoreLogic to help our clients make faster, smarter and more people-focused decisions," said Patrick Dodd, President and CEO of CoreLogic. "Generative AI is fundamentally changing how businesses in every industry operate, fueling a new era of cloud that can benefit virtually every area of an organization," said Thomas Kurian, CEO, Google Cloud. "By utilizing Google Cloud's leading gen AI capabilities, CoreLogic can transform how agents, lenders and carriers serve their end customers and unlock new ways to solve the property ecosystem's largest business challenges." For more information about CoreLogic, please visit corelogic.com. About CoreLogic CoreLogic is a leading provider of property insights and innovative solutions, working to transform the property industry by putting people first. Using its network, scale, connectivity and technology, CoreLogic delivers faster, smarter, more human-centered experiences that build better relationships, strengthen businesses, and ultimately create a more resilient society. For more information, please visit www.corelogic.com.
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Meet the future of real estate: Lone Wolf unveils massive plans for 2024
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Second Century Ventures Opens Applications for 2023 REACH U.S. Programs, Appoints New Executive Director
CHICAGO (December 6, 2022) – Second Century Ventures, the strategic investment arm of the National Association of Realtors®, opened applications today for the 2023 U.S. REACH and REACH Commercial technology growth programs. SCV, the most active global venture fund in real estate technology, operates the award-winning REACH program across North and South America, Europe, Australia and Asia-Pacific. "Real estate technology continues to undergo a significant transformation, and the startups selected for the REACH program will play a critical role in helping to drive that change," said NAR CEO and SCV President Bob Goldberg. "REACH companies get access to resources and expertise to help expand their network and accelerate their growth. Their ideas and ingenuity will help ensure that Realtors® continue to have access to the latest technology and remain in the best possible position to serve consumers here in the U.S. and across the world." NAR's REACH program aims to select and help scale the most promising new technology companies in real estate and adjacent industries, including banking, insurance and home services. Participants in the program receive premier access to the following: Mentorship from real estate, venture capital and technology sector leaders; Education on how to navigate the trillion-dollar global property industry from top experts; Exclusive opportunities at the most impactful conferences, trade shows and networking events; Unique access to top media and academic organizations; and A global network of highly talented, like-minded entrepreneurs from more than 200 REACH portfolio companies and curated program sponsors. REACH recently expanded its operations to Latin America, and this week appointed a new executive director to the helm of the U.S. NAR REACH program. Ashley Stinton, who previously served as SCV and REACH's head of marketing and communications, will lead the organization's U.S.-based team focused on technology that serves residential and consumer markets. Stinton brings more than a decade of sales, marketing and business development expertise from some of the world's most influential real estate and consumer goods organizations. "Ashley has been instrumental to the growth of the REACH brand and in the expansion of our flagship program across geographies and verticals," said Dave Garland, managing partner, Second Century Ventures. "She has worked closely with our global team and portfolio, helping accelerate more than 100 companies during her tenure and time spent previously as a REACH mentor. We have immense confidence in Ashley's ability to lead the NAR REACH program through the next decade of innovation and to further amplify the depth of transformative technology REACH helps cultivate." "REACH offers an unmatched level of support and growth to the proptech community," said Ashley Stinton, executive director, REACH. "I am honored and excited to lead the NAR REACH team as we continue to elevate the role of technology in and beyond real estate. As we look to the year ahead, we will embrace the market's most pressing challenges as an opportunity to source new ideas and evolve existing solutions to benefit consumers, real estate professionals and the economy as a whole." The REACH Commercial program, led by executive director Bob Gillespie, is now in its fifth year of operation and will run a congruent curriculum, supporting entrepreneurs developing innovation across all asset classes of the commercial sector. Applications for the 2023 U.S. REACH and REACH Commercial programs will be accepted through January 31, 2023. For more information about REACH, or to apply, visit https://www.nar-reach.com. About NAR The National Association of Realtors® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. About REACH REACH is a unique technology scale-up program created by Second Century Ventures, the most active global fund in real estate technology. Backed by the National Association of Realtors®, Second Century Ventures leverages the association's more than 1.5 million members and an unparalleled network of executives within real estate and adjacent industries. The REACH program helps technology companies scale across the real estate vertical and its adjacent markets through education, mentorship and market exposure. For more on REACH, visit www.nar-reach.com.
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eWebinar Partners with NAR REACH to Help Real Estate Tech Startups Scale Agent Onboarding and Training
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Realogy Competition Calls for Tech Superstars to Shape Real Estate's Future
Winner receives $25k and prominent placement in Realogy's Open Ecosystem, an agile platform that enables choice, flexibility and business growth MADISON, N.J., April 12, 2022 -- Realogy Holdings Corp., the largest full-service residential real estate services company in the United States, today announced that its annual FWD Innovation Summit (FWD) will occur on Tuesday, May 10 from 1 – 3pm ET. Designed to further technology innovation in the real estate services market, FWD is a one-of-a-kind pitch competition that highlights forward-thinking technology, ideas and solutions to unlock opportunity for agents and brokers. The five finalists selected in December will present their products and innovations to a panel of Realogy executives, brokers and agents. The winner will receive $25k and prominent placement in Realogy's Open Ecosystem, a technology platform that brings together agents, brokers, partners and developers to enable choice, flexibility and customized solutions for home buying and selling and beyond. Meet the five finalists here: Earnnest is a secure, convenient, digital payments platform that allows a fully digital transfer of funds in real estate transactions. As the leading provider of digital earnest money in the US, Earnnest has powered over 100,000 transactions across all 50 states with zero instances of fraud. Elm Street provides the real estate sector with a creative, thoughtful technology toolset to initiate conversations & foster business relationships with and for the clients they serve. Likely.ai uses Artificial Intelligence to help agents and brokers find the best deals and make better business decisions. Its AI models provide a competitive edge, allowing agents and brokers to zero in on actual sellers in their market and within their current database of leads, who are primed to sell in the next 90-days, enabling them to maximize their marketing spend and minimize the time they spend chasing after sellers. Likely.ai empowers agents, lenders and investors to be more efficient with their time and budget while still finding the right prospects for their businesses. MaxaDesigns provides a white-labeled marketing template and design platform for real estate companies to host their marketing materials, including print, social media and email marketing on a custom online portal. Its platform has been selected by more than 200 of the top independent brokerages to help agents own their marketing strategy. RealScout is a Silicon Valley-based technology startup tackling residential real estate's core problem: matching homebuyers and homes. In over 200 markets, the company provides the only platform that enables brokerages to benefit from their buyer data from lead to close. With RealScout, real estate professionals can capture buyer attention, collect buyer data and use that data to close more deals, more profitably. "The FWD Innovation Summit is a unique opportunity for technology organizations to access the rich data and interconnectivity of Realogy's Open Ecosystem to showcase new ideas and innovations that will define the future of real estate for agents, brokers, and the consumers they serve," said Kacie Ricker, Senior Vice President of Product, Realogy. "Users are craving more simplification, transparency, and expert knowledge in the home buying, selling, and increasingly, the home ownership phases. Our charter is to deliver flexible, connected, intuitive solutions that empower agents to build their businesses as home ownership experts over the entire lifecycle." Realogy's Open Ecosystem is focused on connecting brokers and agents with homeowners and buyers, using technology to better support customers at every step in the home ownership lifecycle. The finalists who will now be a part of Realogy's unique open ecosystem are positioned alongside a robust set of tools and technologies that empower better home ownership from purchase to sale and beyond. For more information on Realogy's FWD Innovation Summit and register to attend, please visit: realogyproduct.com/fwd. About Realogy Holdings Corp. Realogy (NYSE: RLGY) is moving the real estate industry to what's next. As the leading and most integrated provider of U.S. residential real estate services encompassing franchise, brokerage, relocation, and title and settlement businesses as well as a mortgage joint venture, Realogy supported approximately 1.5 million home transactions in 2021. The company's diverse brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, and Sotheby's International Realty®. Using innovative technology, data and marketing products, high-quality lead generation programs, and best-in-class learning and support services, Realogy fuels the productivity of its approximately 196,700 independent sales agents in the U.S. and approximately 136,700 independent sales agents in 118 other countries and territories, helping them build stronger businesses and best serve today's consumers. Recognized for 11 consecutive years as one of the World's Most Ethical Companies, Realogy has also been designated a Great Place to Work four years in a row, named one of LinkedIn's 2021 Top Companies in the U.S., and honored on the Forbes list of World's Best Employers 2021.
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TourZazz Leads the Interoperability Charge in Real Estate Technology
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NAR's Third Annual iOi Summit Pitch Battle Competition Slated for August
WASHINGTON (June 14, 2021) -- The National Association of Realtors® announced today that its "Pitch Battle" competition will be held as part of the third annual Innovation, Opportunity & Investment (iOi) Summit on August 17 and 18, in Dallas, Texas. After the pandemic forced the cancellation of last year's event, NAR is gearing up for the third installation of the iOi Summit, which will gather real estate practitioners, technologists and investors from across the country to share insights and unveil cutting-edge real estate products and ideas. NAR's venture capital arm, Second Century Ventures, will host the Pitch Battle Competition, offering a dynamic opportunity for real estate technology startups to showcase their innovation. "Attendance at iOi is essential for any industry architect or rising entrepreneur that's seeking to develop innovative solutions for the real estate marketplace," said NAR CEO Bob Goldberg. "You're not just a part of the conversation here, you also influence the discussion and help shape how commercial and residential real estate will move forward." The Pitch Battle is a feature element of the iOi Summit, helping catapult new property technology companies into the real estate space and giving attendees a front row seat to witness innovative ideas of the future. During a live, in-person product demonstration and while addressing rapid fire questions and critiques from judges, Pitch Battle contestants will be tasked with making a compelling case about a new tech innovation or service that is intended to improve the industry. The winner will be awarded $15,000, hoist the official Pitch Battle trophy, secure a booth at the 2021 Realtors® Conference & Expo, and have an exclusive opportunity to confer with the Second Century Ventures executive team. The Pitch Battle winner will also be featured in an upcoming edition of REALTOR® Magazine and have their innovation showcased by RISMedia. The most recent Pitch Battle winner, Curbio – whose creation allows agents to drive return on investment for sellers through presale renovation – encourages others to sign-up with their inventions. "If you are considering applying for the 2021 Pitch Battle, just go for it," said Curbio CEO, Rick Rudman. "Give it everything you got; whether you win or lose, you are in good company." BoxBrownie.com – Pitch Battle's first-year winner – agreed. "Everything about iOi's Pitch Battle was nothing short of fantastic," said CEO and Cofounder Mel Myers. "The iOi network provided us with the opportunity to increase brand awareness through word of mouth." NAR is accepting Pitch Battle applications from companies that: have a focus on and understand the dynamics of innovation in the real estate tech space, are entrepreneurs who strategically seek out opportunities to rethink current products and processes, and capture and respond to changes and signals in their industry by committing to continuous systematic learning. Those interested in competing can apply here prior to the July 9 deadline. The National Association of Realtors® is America's largest trade association, representing more than 1.4 million members involved in all aspects of the residential and commercial real estate industries.
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SmartZip Brings Real Estate Data to the Blockchain with Chainlink
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Homes.com Launches API to Streamline Real Estate Communications
Developers and Real Estate Businesses Will Now be Able to Sync Data Directly through Interface Norfolk, Va. (Oct. 31, 2018) – Working to reduce duplicate data across real estate platforms and to integrate more seamlessly with other real estate products, Homes.com®, a top consumer real estate resource and leading provider of marketing solutions for real estate professionals, announced today its new API. The new program streamlines agent workflow by allowing agents to easily manage leads and contacts across the many platforms they use. The new Homes.com API offers real estate technology companies and brokerages an easy way to receive and send data from Homes.com and the Homes.com Connect platform through an application programing interface. Participating Homes.com API partners will now have an efficient method to receive client data directly from Homes.com and the Homes.com Connect marketing applications. For example, an agent using BombBomb to send video emails will now be able to seamlessly integrate lead information from Homes.com to initiate video email campaigns within BombBomb. And when a lead from Homes.com Connect successfully converts into a buyer or seller, the information can be pushed effortlessly into DocuSign Rooms for Real Estate to manage the transaction. The Homes.com API will allow applications like these to communicate with the centralized Homes.com Connect contact management database, eliminating the pain of duplicate entry and maintaining separate databases. “We know that our customers use a variety of tools when working with clients,” said Dave Mele, president of Homes.com, “and providing an easy way for them to manage that process makes sense and adds tremendous value to the tools we provide. The new Homes.com API provides an easy way for leads, contacts, and associated lead activity to be shared between Homes.com Connect and our integration partners. The API also supports ongoing lead activities, ensuring that integrated systems remain in sync.” For more information about the Homes.com API, visit https://api.homesconnect.com, or to learn more about Homes.com marketing services, visit https://marketing.homes.com/. About Homes.com A top real estate search destination, Homes.com is visited by more than 10 million consumers each month. Homes.com leverages search visibility to connect this in-market audience with real estate professionals in their local areas of interest. Offering real estate marketing and media services such as brand advertising, property listing exposure and syndication, search engine marketing and instant response lead generation, Homes.com helps real estate agents and other real estate industry partners succeed online. From lead aggregation and customer relationship management to website management, email marketing and so much more, Homes.com Connect offers agents access to all the tools necessary to convert leads into transaction-ready clients in one centralized and easy to use system. For more information, visit www.Homes.com.
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Pacific Union International Launches Next-Generation Luxury Real Estate Development Portal to Bring Global Resort Properties Direct to Clients
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Onboard Informatics Partners with Purplebricks for their U.S. Launch
The U.K.-founded company, positioned as a next generation real estate agent, is hoping to replicate the success of its Australian rollout. NEW YORK, NY (NOVEMBER 15, 2017) - Onboard Informatics, the leader in real estate information, is helping power the newest portal shaking up the industry, Purplebricks. The U.K.-quoted Company launched their concept in Los Angeles in September with plans to expand across California in the coming months and throughout North America. Purplebricks offers a unique experience for both sides of the real estate transaction. For home sellers, the company charges a flat fee of $3,200 to list a property. In a high-priced housing market like LA, this has the potential to save sellers thousands of dollars in traditional sell-side commissions. Home buyers can view all properties and agents in one place on the Purplebricks portal. In addition to search, buyers can submit offers in real time, negotiate sales on properties and communicate directly with all relevant parties. "The innovative and intuitive technology platform offered by Purplebricks along with our experienced Local Real Estate Experts makes the entire process of buying and selling a home for our customers much more convenient, transparent and cost effective," said Jonathan Adler, Purplebricks Chief Marketing Officer. "We are thrilled to take this pioneering approach, which has been so successful in both Australia and the UK and bring it to the U.S." Purplebricks utilizes the developer platform from Onboard Informatics to access neighborhood and property information on the site. "Purplebricks is pulling school information, local amenities, market insight and more from our APIs," said Kevin Mattice, Onboard Informatics Senior Product Manager. "They want to be a complete resource for real estate consumers and having all this information easily available is a fantastic way to do that." London-based Purplebricks is three years old and recently raised $60 million in a special stock offering to launch in the U.S. Its innovative model for real estate has proven successful and includes services such as professional photography, immersive 3D virtual fly-throughs, the ability to schedule home tours 24/7 as well as an innovative platform that enables buyers and sellers to converse safely and securely, make offers and have them accepted, in real time, day or night, listing for a flat fee on the sell side. Traditionally, home sellers are charged a percentage on the sale of their home. "This model is a new concept for the U.S. market given its unique offering which includes the services of an experienced local real estate agent and 24/7 access from listing to closing, all for a flat-fee," said Eric Eckardt, Purplebricks U.S. CEO. "We want to change the way real estate transactions are done, with a strong emphasis of customer service." Purplebricks is challenging the traditional commission-based transaction model using tools like the robust API's from Onboard Informatics, offering customers a much more transparent solution. "We love powering innovative solutions like Purplebricks," said Marc Siden, Onboard Informatics CEO and Co-Founder. "After 15 years in the industry, just when we think we've seen it all, something totally new comes out. We're thrilled to be a part of it." Purplebricks, the next generation brokerage will continue to communicate the strength of its consumer-centric value proposition to customers across Los Angeles as it expands its combination of technology, full service local agents, and fair flat fee 'sell-side' approach.The U.K.-founded company, positioned as a next generation real estate agent, is hoping to replicate the success of its Australian rollout.
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Onboard Informatics Introduces New Program for Startup Companies
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RESO Unveils Real Estate DataComp: $25,000 in Cash Prizes for Tech Start-Ups
Competition Kicks-Off Sept. 17 with Live Demos Slated for San Diego on Oct. 17 Raleigh, NC – Sept. 14, 2017 – The Real Estate Standards Organization, or RESO, today revealed the 2017 RESO DataComp its first-ever data competition sponsored by Realtors Property Resource®, will begin on September 17, at 12:00 a.m. Pacific Time, culminating in live demonstration before a distinguished panel of industry judges from 1:00 p.m. to 4:30 p.m. Pacific Time on October 17 at the Pendry Hotel in San Diego, during the RESO fall conference. RESO is an independent non-profit with more than 725 active members, including the National Association of Realtors®, multiple-listing services, real estate associations, brokerages - representing over 800,000 brokers and agents - and industry technology providers. RESO creates and promotes the adoption and utilization of standards that drive efficiency throughout the real estate industry. The RESO DataComp is welcoming tech start-ups outside the real estate industry, as well as new innovators from Universities to incubators. A total of $25,000 in Cash Prizes is being made available, provided by prize sponsors that include FBS, the creators of Flexmls and Stratus Data Systems, Inc. "RESO DataComp is open to all tech companies, startups, colleges, incubators and others who believe they have the next ‘big idea' that could revolutionize real estate through data," said Jeremy Crawford, CEO of RESO. "We are challenging the freshest minds in the developer community to take our hottest technology standard – the RESO Web API – and push the envelope by showing us how we can improve the real estate industry ecosystem," he added. DataComp details Unlike a "Hackathon" that lasts for hours, the RESO DataComp data competition is comprised of a month-long development cycle. With an optional entry fee of $25 – which RESO will donate fully to a nonprofit – it is designed to be open to anyone: from the home hacker to the corporate coder, as long as they are a legal U.S. resident and 18 years of age or older at the time of submission. Individuals or teams are eligible to submit an entry, with teams comprised up to five (5) individuals. Registration must be completed online by October 16th, 2017. $25.000 Cash Prizes include: $10,000 USD for Best Startup $5,000 USD for Best use of Listing Data $5,000 USD for Best use of Non-Listing Data $5,000 USD for Crowd Favorite According to the official rules of the RESO DataComp, submissions can come from all technology sections, including, but not limited to mobile, web, VR, AR, device, hardware, and drone. The most important requirements: entries must select at least one RESO Web API v1.0.2 Compliant Provider. RESO Web API compliant providers available during the competition will include the RPR-AMP platform, FBS's Spark API platform, California Regional MLS's API platform and Zillow Group's Retsly platform. Live real-time MLS data will be provided by Sandicor, California Regional MLS, Arizona Regional MLS, Austin Central Texas Realty Information Service and other datasets within the RPR-AMP platform. Participants will also have access to tax data provided through the RPR-AMP and Retsly platform. MLS Data is a critical component requirement to the functionality of the submission. A full set of the DataComp rules can be downloaded in a PDF from the RESO website here. The panel of judges for the RESO DataComp will be announced at the RESO Fall Conference, and will include experts from both real estate and technology sectors. The Judging Criteria: 30% Originality: Considering the current real estate technology ecosystem, how unique is this product? 30% Execution: How well was this product executed on both the front end and back end? 25% Data Use: How well was a RESO compliant API used in this product? 15% Presentation: How well does the Participant describe and demonstrate their product to the audience and Judging Panel during the Demo? The Live Demonstration portion of the competition – the final stage of judging – will be held on the afternoon of Tuesday, Oct. 17, during the RESO Fall Conference meeting in San Diego, October 17-19, at the uber-hip Pendry San Diego. Each team must present a live demonstration on site to be considered for the competition, remote entries and non-demo based presentations are not allowed, such as PowerPoint. Wednesday afternoon, October 18, will feature DataComp winner presentations. Registration to the conference is limited to just over 300 people and details are available online at www.reso.org/fall-mtg. About RESO The mission of the Real Estate Standards Organization (RESO) is to create and promote the adoption of standards that drive efficiency throughout the real estate industry. RESO was incorporated in November 2011, as an independent, not-for-profit trade organization that was previously a section of the National Association of REALTORS®. RESO has more than 725 active members, including NAR, multiple-listing services, real estate associations, brokerages and industry technology providers. For more information, visit www.reso.org. Contact RESO via email at [email protected].
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Onboard Informatics Revolutionizes API Developer Platform for Real Estate
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REach® Technology Accelerator Now Accepting Applications for 2015
  CHICAGO (November 13, 2014) - Second Century Ventures, the strategic investment fund of the National Association of Realtors® , announced today that it is accepting applications for its 2015 REach® Accelerator program, now through January 30th, 2015. The nine-month program provides a unique opportunity for technology companies to get intense exposure into real estate, a market that represents more than $1 trillion in revenue, consists of more than 100,000 small- and medium-sized businesses and generates more than $12.5 billion in advertising spend in the U.S. each year. REach® offers education, mentorship, and exposure for technology companies to enter into the trillion-dollar real estate market, advance their businesses, and expand into adjacent markets such as insurance, mortgage and financial services. The program has attracted technology startups of all types, ranging from big data and marketing automation to business productivity and lead generation companies. The program accepts companies in a wide variety of growth stages, not just early-stage companies. Previous REach® classes included a company that raised more than $20 million before entering the program, another with a revenue run rate greater than $10 million, and graduates from other accelerator programs, including Y Combinator. The program provides an unparalleled industry network, giving selected companies direct access to more than 250 mentors and advisors who are highly regarded executives, digital entrepreneurs and investors responsible for managing billions in revenue. In addition, REach® provides companies access to an insight panel of more than 2,000 practitioners, who help participating startups refine their products. Companies that have completed the REach® program show impressive results: In 2013, six companies raised more than $16.5 million in follow-on financing and companies boasted growth rates ranging from 100-2,000 percent during the course of the program. In 2014, three companies have already raised more than $13 million in follow-on financing and the eight companies grew their customer bases by 90 percent on average during the program. "REach® stands apart from other technology accelerators by creating a virtuous circle where young companies and the real estate industry benefit from each other's expertise," said Dale Stinton, NAR CEO. "REach® offers Realtors® cutting-edge technology already vetted by their association while fostering solutions that improve all stages of the homebuying and selling process for the industry. Simultaneously, the program gives startups a unique opportunity to tap the expertise and networks of the leaders of the real estate industry, giving them a step up for success." Applications to the REach® Accelerator will be accepted now through January 30th, 2015. There is an early application deadline of December 19, 2014 – companies selected early into the program will have a chance to kick-start their entry into the marketplace. The nine-month program runs from April 2015 through December 2015. For more information about REach® visit www.narreach.com. REach® is more than a technology accelerator – it provides massive market exposure and unparalleled access to the world's largest industries. Second Century Ventures is the strategic investment fund of the National Association of Realtors® focused on promoting innovation in the real estate industry and helping the entrepreneurial spirit of real estate thrive. The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.
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