Sounds like its true. From what I’ve heard CRS is going to aquire the iMapp tax business. Bill, Joel and Robert will not be involved post transition. Developing…
We are starting to roll out our 2013 Cloud CMA Power Pack in selected markets. It’s an optional upgrade to agents who want to further differentiate themselves, you can read more about it here.
I made a couple videos to help promote the Power Pack I thought I would share with you. Hope you enjoy. Have a great weekend!
Tom Groom, Senior Vice President, Title and Realty Technology for PropertyInfo Corporation:
““We now have the most widely used forms and transaction management systems working together to provide the powerhouse of integrations for our customers. This will mark a truly integrated process for real estate agents and brokers from start to finish.”
Both are part of the old guard. And this looks like they both have decided to team up and enter the fray together. The transaction management game is heating up.
“Brokers and agents seem to spend a lot of time worrying about Trulia and Zillow; they aren’t the competition. They’re just the tools your competitor is using to try to outperform you in your market. You may decide these tools are good for you. You may decide you’re better off without them. Waxing poetic about their demise is a waste of time. Worry about your competitors, not the tools.”
Todd nails it.
I might be beating a dead horse here but I’m still a bit confused. Based on the comments of my last post on this subject here’s what I understand to be true.
Trulia must get permission from brokers and MLS providers for a free app that provides leads to agents.
Zillow doesn’t need to get permission to power a free app, Google Now, using ListHub data. They can just zip up a data file and send it directly to Google, no permission required, no questions asked.
What am I missing here?
“Marnie Blanco, who led real estate franchisor Re/Max Inc.’s broker- and agent-facing technology initiatives for close to 10 years, is joining paperless real estate transaction management firm dotloop to help the start-up build relationships with brokers.”
Whoa! I have written about Marnie’s departure from RE/MAX just this past December, seems like she just couldn’t get real estate out of her blood. The Inman article also has a Google + interview of her with Paul Hagey (smile Paul, it won’t hurt I promise). I confess not to know too much about dotloop but they have my respect for knowing how to pick talent. Marnie is rockstar and if the past is any indication they will have to keep up with her (so no pressure Marie).
The article also has this tidbit.
“In May 2012, dotloop, which was founded in 2009, had 35 to 40 employees. Now, Allison said, it has 105 employees in its headquarters in Cincinnati, a relatively new office in San Francisco and now Denver, where Blanco lives and the company expects to open an office.”
109 employees (mostly in Cincinnati?) with a new office in San Francisco and now possibly one in Denver? That’s a lot of overhead. Less than a year ago they raised 7 million dollars from venture capital firm Trinity Ventures, so that helps.
I’ve always been a bit skeptical of the whole idea of “transaction management”. Seems like a very tough problem to solve and there are too many competing platforms, regional nuances, state regulation, etc. But its clear something needs to make the process better. But it isn’t going to happen overnight. Like a castle siege, dotloop is going to need all the resources they can spare to penetrate the tall walls of paper and deep moat of ink surrounding today’s real estate transaction.
Can you tell I’ve been watching too much Game of Thrones lately?
“Move’s return to double-digit growth is due in part to the changes made in personnel, technology infrastructure, and revenue streams. The company is uniquely positioned to lead the Real Estate industry, and to rapidly grow revenue. “It is precisely this environment and opportunity that makes Errol’s appointment exciting,” Berkowitz said. “In his new role, Errol will work closely with me to define the vision, strategy and future direction of Move. He will also explore new areas where Move can expand its offerings.”
High, and well deserved praise from Steve Berkowitz, Move’s CEO. Looks like Errol will also continue as president of Realtor.com. Awhile back I had heard rumors Errol was “exploring new opportunities” but this seems to show he has chosen his path.
Errol deserves all the praise, he really “gets it”. He is the big reason why I think you can’t underestimate Move. Congrats to Move for recognizing what a truly creative and talented leader they have with Errol.
Update: Also a good interview with Errol about his new position here:
“By choosing to work with SentriLock, RMLS™ offers subscribers the best products available and aligns itself with a company who also controls their own technology and chooses their own destiny,” said RMLS™ CEO Kurt von Wasmuth. “I think that our subscribers will be thrilled with the SentriLock system and the functionality that it provides.”
Knowing the geography/history of the area, this is going to be very interesting to watch. Great win for SentriLock, congrats!
Later this month I will be attending and my company W&R Studios will also be exhibiting Cloud CMA at a conference put on by new real estate software company, Reesio. Reesio is a startup less than a year old. They are in the crowded space of transaction management. They felt a good plan get the word out was to put on a conference. The conference is called RealTech SF 2013. Here’s what Mark Thomas, Co-Founder and CEO of Reesio has to say about the event.
“As part of the journey that we as founders of Reesio have gone through with our company, one thing that we’ve noticed is how difficult it can be for real estate professionals to easily find out about new technologies that exist out there to make their jobs easier. In addition, there’s a tremendous dearth of publicity around real estate technology in general, despite the fact that real estate can be one of the more painful processes of any industry. We have 2 main goals that we’re trying to accomplish by hosting and putting together RealTech SF 2013:
1) To educate and highlight to real estate professionals the latest and greatest technology initiatives currently going on within the space that can help them grow/manage their business and enhance their careers.
2) To bring more awareness about real estate technology as a whole to people outside of the industry, and to show that the products that companies are currently working on are solving truly painful experiences that people are currently having to go through.”
The show is only $25 to attend, so pretty reasonable for an agent. The speakers seem to be a mix of industry vendors and brokers. I like the hustle approach Reesio is putting forward, plus Spring in San Francisco? I’m in!
The Albuquerque Jounal reported a A two bedroom, 2 bath rambler in West Albuquerque, New Mexico sold on the local MLS for exactly what Zillow’s Zestimate predicted…..