REAL ESTATE INVESTMENT
Chime Technologies | September 15, 2022
Chime Technologies, an award-winning real estate technology innovator, today announced The Real Brokerage has engaged with the company to serve as the organization’s customer relationship management (CRM) platform of choice.
One of the industry’s fastest growing brokerages and a Chime customer since 2019, Real’s leadership undertook an extensive review of their technology partnerships earlier this year. After an exhaustive competitive review, Real has once again committed to providing their agents with Chime, the industry’s most innovative CRM, information data exchange (IDX) and marketing automation platform. To learn more about how Chime is powering Real agents' businesses, join us at the inaugural One Real Conference taking place October 17-19, 2022, in San Antonio, Texas.
“Eighteen months ago, we mapped a multifaceted plan to strategically grow our agent base, and industry-leading technology was foundational to that plan, We are committed to providing agents and teams with the best, most innovative tools on the market, and we are confident in Chime’s value to help our agents grow and scale.”
-Real Chairman and CEO Tamir Poleg
Brokerages like Real understand just how important technology is to underpin the growth and expansion of their business. Unlike other offerings, Chime’s all-in-one enterprise platform was expressly created with brokerages like Real in mind and built from the ground up based on customer feedback. The centralized platform features flexible account structure, unique lead routing and distribution capabilities, and even the ability to white label.
Under the expanded agreement, the agents and teams at Real will have access to an upgraded suite of innovative tools from Chime, including the new competitive market analysis offering and Social Studio, Chime’s social media marketing automation capability. With an easy-to-use system that improves agent productivity and takes the pain out of CRM adoption, Chime enables firms like Real to recruit and retain the industry’s best agents and accelerate profitable growth.
Shifting market conditions in the real estate industry result in tight competition at both the agent and broker level, Modern brokerages such as Real that embrace and adopt technology uniquely suited to address the complexities of brokerage operations will be well-positioned to stand out from the competition and thrive. We are thrilled the team at Real has reconfirmed the value we provide to their rapidly growing business and look forward to helping them achieve their goals,noted Joe Daee, Vice President of Enterprise at Chime.
Chime will also be a featured sponsor of the inaugural One Real Conference 2022. During the event, our executives will take the stage to highlight how Chime’s all-in-one CRM platform can grow agents' businesses.
About Chime Technologies
Chime is an award-winning real estate technology innovator headquartered in Phoenix, Arizona. Our AI-powered platform empowers real estate professionals, teams, and brokerages with the tools they need to automate lead generation operations, drive conversions, and grow their business.
REAL ESTATE INVESTMENT
Switch | October 13, 2022
Switch Automation, a global technology company for digitizing and decarbonizing buildings, has announced the launch of a freemium energy benchmarking solution for global building portfolios. This move in the industry aims to democratize access to building performance data and accelerate decarbonization of the built environment during a time when building owners and operators are under increased regulatory and shareholder pressure to meet ESG and net-zero goals within tight time frames.
Switch Automation’s Portfolio Benchmarking Basics is an interactive portfolio management tool that lets users view energy data to identify underperforming buildings to target energy efficiency improvements. Users can bring in up to 20 utility bills to build a reserve of historical energy data and quickly identify opportunities and threats to target energy reductions and meet ESG and corporate net-zero goals.
"The industry is well-aware of the magnitude of impact decarbonizing buildings has, but there are two major challenges – cost and change. Doing things the way they've always been done means some landlords have decided to pay penalties rather than address energy improvements. That means, today there is a higher cost than ever of doing nothing, We understand this hesitation is rooted in low energy costs compared to the upfront costs for overcoming change. That's what we aim to address by opening up access to Switch's energy benchmarking. We can help the building owners and operators meet sustainability goals while also future-proofing their operations and saving them money."
- Deb Noller, CEO and Co-Founder of Switch Automation
In response to the passing of the U.S. Inflation Reduction Act, Australia's federally mandated NABERS ratings, the introduction of NABERS into the UK, the EU Taxonomy, and various other geographical decarbonization commitments, building owners and operators are increasingly investing in energy efficiency and digital portfolio management to more proactively address building performance.
What’s Included in Portfolio Benchmarking Basic:
Comprehensive data analysis
Benchmarking and sustainability dashboards
Infinite utility uploads and calculations
"Next step” visualizations
Since launching the world’s first cloud-hosted operation platform in 2012, Switch's technology has been deployed across asset portfolios in the United States, Canada, Australia, Singapore, Hong Kong, and South Korea, helping buildings optimize energy efficiency and services and improving occupant comfort and brand equity while reducing operating expenses. Switch drives improvement in Net Operating Income (NOI) while lowering building emissions. Switch has set an ambitious goal to save over 1 million tons of carbon from their clients’ buildings.
Switch Automation is launching freemium Portfolio Benchmarking Basics platform at CREtech New York 2022, which brings together the world’s leading community of professionals devoted to technological innovation in the real estate sector.
Switch Automation is a global technology company that helps property owners and facility managers reduce operating costs, improve energy efficiency and deliver exceptional occupant satisfaction. Our comprehensive smart building platform integrates with traditional building systems as well as Internet of Things (IoT) technologies to analyze, automate and control assets in real-time. We serve enterprise customers and partners in a variety of industries including financial services, retail, grocery, commercial real estate and more.
REAL ESTATE INVESTMENT
CoStar Group | November 15, 2022
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, has launched LoopNet, the world’s largest commercial property marketplace, in the UK market. The launch marks the creation of the world’s first international commercial real estate online marketplace, allowing tenants, brokers and investors to access properties available for sale and lease across multiple countries on a single platform.
Prior to its launch in the UK, LoopNet marketed exclusively US and Canadian commercial properties to an international community of buyers and tenants. The integration of tens of thousands of UK property listings into the marketplace will unlock global access to the UK commercial real estate market, worth an estimated £1.5 trillion, benefitting brokers, investors, would-be occupiers, and owners of commercial real estate.
With over 11m monthly unique visitors, LoopNet will provide UK users with unprecedented exposure to potential investors and tenants, significantly broadening the reach of every listing by successfully capturing relevant local and global audiences. Used by 93% of Fortune 100 companies, LoopNet has made significant investment into Google search engine marketing (SEM) as well as other types of marketing, resulting in superior volumes of traffic to the platform and more efficient outcomes for the end-user.
Prior to the launch of LoopNet, the UK market was served by Realla, a CoStar Group company and the UK’s leading dedicated commercial property marketplace, which has now been integrated into LoopNet, unlocking access to additional pools of capital, a greater number of listings and a high-quality international audience. Prior to the integration, Realla had an average of 734,000 unique monthly visitors, which will now be significantly boosted by the additional traffic generated by LoopNet, bringing the total expected LoopNet traffic to nearly 12m unique monthly users from the first day of the launch.
With 88% of commercial property searches currently being initiated online as market participants aim to save time and money, LoopNet provides sophisticated technology allowing brokers, tenants and investors to conduct viewings online and benefit from up-to-date pricing and information. The transparency enabled by LoopNet benefits all users, enabling them to get first-hand insights into the market and providing a useful benchmarking tool for market participants – an essential feature for those transacting in today’s volatile market environment.
“The UK-wide roll-out of LoopNet, our leading commercial real estate marketplace, is an important element of CoStar Group’s on-going strategic international expansion effort. Having built a strong relationship with our UK customer base through CoStar and Realla, we are excited to be able to offer our UK users access to the international market, which will significantly increase their visibility and reach. With overseas interest in UK commercial property on the rise due to the attractive exchange rate, the launch of LoopNet could not have been timed better, allowing thousands of UK market players to reap the benefits of global exposure. LoopNet quickly became the industry leader for commercial marketplaces in the US, and we are optimistic about its prospects in the UK, where it’s the only marketplace to provide access to such a vast global audience, directly benefitting brokers, tenants, owners, and investors.”
-CoStar Group Founder and Chief Executive Officer Andy Florance
About CoStar Group
CoStar Group, Inc. (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. STR provides premium data benchmarking, analytics, and marketplace insights for the global hospitality industry. Ten-X provides a leading platform for conducting commercial real estate online auctions and negotiated bids. LoopNet is the most heavily trafficked commercial real estate marketplace online. Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. Homesnap is an industry-leading online and mobile software platform that provides user-friendly applications to optimize residential real estate agent workflow and reinforce the agent-client relationship. Homes.com offers real estate professionals advertising and marketing services for residential properties. Realla is the UK’s most comprehensive commercial property digital marketplace. BureauxLocaux is one of the largest specialized property portals for buying and leasing commercial real estate in France. CoStar Group’s websites attract tens of millions of unique monthly visitors. Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S., Europe, Canada, and Asia.