REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Tavant | March 08, 2023
On March 07, 2023, a Silicon Valley-based custom AI-powered solutions provider, Tavant, announced the launch of Proptech 3.0, its latest phase in Real Estate Technology. This phase of Tavant's Proptech evolution introduces innovation to the real estate industry by providing end-to-end solutions and AI-powered analytics that optimize the ecosystem for all stakeholders. Its extensive and reliable knowledge base allows its partners to unlock the maximum potential of their data while achieving impact and quality at each stage of the data monetization process. Additionally, its multi-sector, multi-generational experience allows scaling start-ups and industry leaders like the nation's third-largest home builder to empower the digital transformation of its adjoining business units to increase flexibility and efficiency, creating a more complete and overall competitive business.
Tavant's revolutionary Touchless Lending® automation solution enabled 9,656 homeownership dreams per day, underwrote more than 80,000 loans, and improved revenue by 250% from the prior year on customer growth of 200%. At the same time, the Proptech sector has been stable over the past year. In addition, Tavant has remained dedicated to its craft and has been awarded the 'HousingWire Real Estate Tech 100 Award' for the third consecutive year.
Tavant develops automated solutions to improve how buyers, sellers, and investors use mobile apps and search engines to find realtors and other critical resources. It automates and optimizes data workflows for enterprises of all sizes to launch revolutionary digital-first solutions and help them become industry leaders. It delivered custom technology solutions to a partner hyper-focused on building affordable housing, automating the end-to-end loan application process, and connecting third-party financial systems while working with actively changing state regulations to create one seamless and effective system for partners, providers, and consumers.
About Tavant
Tavant, a digital products and platforms provider, offers impactful results to North America, Europe and Asia-Pacific customers. Based in Santa Clara, California and established in 2000, the company employs more than 3000 people. Its talent extends beyond the residential real estate market. It is the premier implementation partner for businesses seeking to transform, scale, and stay ahead of the curve, with its 23 years of resilience, recent expansion into Europe and Asia-Pacific, and metamorphic milestones. It has created an AI-powered intelligent lending enterprise by reimagining customer experiences, driving operational efficiencies, and enhancing collaboration.
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REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
MAXX Properties | March 02, 2023
On March 01, 2023, a leading real estate organization, MAXX Properties, plans to implement software to manage all post-resident accounts receivable by Pay Ready, a multifamily premier post-resident payment system.
Chief Operating Officer of MAXX Properties, Genevieve Bauer, joined the organization last August and focused on maximizing the cash flow and value. With more than 9,300 units and a growing inventory, Gen was aware that technology was the key to maximizing yield. With her years of expertise in strategic property management operations, she thought back to the times she had worked with Pay Ready as a supplier.
Pay Ready's platform redefines the post-resident recovery process of MAXX Properties. The platform integrates with the property management software and controls the move-out process. Its automated messaging is augmented with human interactions and follow-up. Within the CRM, the onsite teams now have a centralized repository for their notes, which can be tracked and reported in real-time. With this platform, the owners and operators can have a robust solution and customized and empathetic brand communication for residents from the start, along with a simplified payment process and final payment arrangements.
Chief Operating Officer at MAXX Properties, Genevieve Bauer, said, "Making the decision to switch to Pay Ready was simple. MAXX Properties needed to centralize its post resident recovery efforts and have true insight into the data. Pay Ready's platform provides advanced technology along with real-time data and key metrics to give our operations' team the ability to make informed data-driven decisions, moving our business forward while maximizing our post resident recovery receivables."
(Source – Business Wire)
About MAXX Properties
Based in Harrison, New York, MAXX Properties is a privately held company comprising commercial, multifamily, and cooperatives. It was established in 1936 under the fourth generation of Wiener family leadership. Its portfolio consists of 39 communities containing 9,351 owned multifamily units in six states, 992 sponsor units and 32 managed cooperative units in New York. In addition, the company offers a wide range of training and educational courses specifically designed to equip teammates with the skills needed to deliver exceptional service to residents.
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REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Matterport Inc. | February 16, 2023
On February 15, 2023, one of the leading digital transformation companies, Matterport, Inc., announced its Digital Pro, an all-in-one marketing solution now available in the US for real estate agents. Digital Pro integrates the innovation of Matterport's 3D digital twin technology and content production and integrated marketing to design the industry's most affordable and complete marketing package to help real estate agents get more clients and sell homes faster. Matterport will deliver professional-level HDR photos, a 3D tour, a 2D floor plan, and a preview video for customers within 1-2 business days at a low flat rate in a single appointment.
Digital Pro offers real estate professionals the required media assets to market, sell and promote their properties via one partner. It provides a simplified package and a full suite of visual marketing tools where agents can focus more on selling the properties faster and gaining listings by raising the standards of what buyers and sellers expect from a home listing company.
With Digital Pro, real estate agents can work with a single partner to make all the media assets they need to market, sell, and promote their properties. In addition, agents can focus more on getting listings and selling homes faster if they have a complete set of visual marketing tools in a simple package. This raises the bar for buyers' and sellers' expectations from a home listing. The Digital Pro Package consists of HDR photos to compose the views of the property's selling points, a 3D tour for prospective buyers for a virtual visit to the property, a 2D floor plan with accurate dimensions automatically creates visual spatial data, and a preview video of 10 to 15 seconds for a quick view of the property.
About Matterport Inc.
Matterport, Inc., founded in 2011, is at the forefront of the digital transformation of the built environment. Its innovative spatial data platform converts buildings into data to increase the value and accessibility of every space. Millions of buildings in 177+ countries have been turned into immersive Matterport digital twins to improve every part of a building's lifecycle, from planning, construction, and operation to documentation, appraisal, and marketing.
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