Compass rolls out virtual real estate tools as coronavirus restricts home shopping

HousingWire | April 01, 2020

With more cities and states essentially shutting down in an effort to control the spread of the coronavirus, it’s becoming increasingly difficult and potentially unsafe for people who want to buy or sell a home. As evidence of that, several of the biggest real estate companies in the U.S. recently reported a rise in the number of requests for virtual home showings. And it’s in that spirit that Compass, the nation’s fastest-growing real estate brokerage, is rolling out a series of tools for its agents that will allow for virtual showings, virtual open houses, digitally enhanced home listings and more. The program, called Virtual Agent Services, is being rolled out to Compass agents this week. As part of the program, Compass agents will be able to offer the following options as part of the showing experience

Spotlight

Local Demographics provides up-to-date and meaningful insights into the population living around a location or in any defined area within the U.S. and Canada. This widget allows MLSs, brokerages, and end users to learn more about a specific location and its demographics.

The new SDK exists as an out-of-the-box solution ready for implementation that requires minimal development and design effort.

Using Local Demographics, real estate players can integrate and display information on their listing site to allow home buyers and renters to better understand the area where their property of interest is located.

Spotlight

Local Demographics provides up-to-date and meaningful insights into the population living around a location or in any defined area within the U.S. and Canada. This widget allows MLSs, brokerages, and end users to learn more about a specific location and its demographics.

The new SDK exists as an out-of-the-box solution ready for implementation that requires minimal development and design effort.

Using Local Demographics, real estate players can integrate and display information on their listing site to allow home buyers and renters to better understand the area where their property of interest is located.

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REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT

In an industry first, Lone Wolf and MLS Property Information Network (MLS PIN) partner to connect digital advertising to listings

PRnewswire | May 05, 2023

Lone Wolf Technologies ("Lone Wolf"), the leading provider of residential real estate technology in North America, is thrilled to announce an expanded partnership with MLS PIN, one of the largest multiple listing services in the U.S., to connect Lone Wolf's leading digital advertising platform, Boost, with MLS PIN's in-house MLS system, Pinergy. With this partnership, MLS PIN will integrate Boost into Pinergy's Listings Manager and Tools page. This will allow MLS PIN's more than 45,000 customers to create and launch digital ads to market their listings and agent profiles immediately through Boost, with their listing data channeling directly from Pinergy into the advertising solution for faster and easier ad creation. "We're honored to partner with MLS PIN and make advertising easier than ever for their customers," said Jimmy Kelly, CEO, Lone Wolf. "In our current market climate, digital advertising takes on bigger importance for real estate professionals. By making real estate's most effective and user-friendly advertising platform available in the same place where their agents upload their listings, MLS PIN is meeting the moment for their customers and truly putting them in a position to succeed, setting a sterling example for all real estate organizations across North America." Boost is Lone Wolf's intelligent and user-friendly digital advertising platform, proven to increase both exposure and click-through rates to bring in quality real estate leads. The platform, trusted by some of the largest brokerages and franchises in the U.S., broadcasts ads on top sites like Facebook, Google, and Nextdoor, and allows agents to reach a targeted audience with automated campaigns. With Boost, agents can also: Create effective ad campaigns and branded lead-generation pages Track performance of all their ads in one place, including audience insights Increase exposure of member's Cloud CMA "What's My Home Worth" landing pages. "We're excited to expand our partnership with Lone Wolf and make Boost, like Cloud CMA, available in Pinergy," said Erminio Grasso, CEO of MLS PIN. "There are a lot of advertising solutions flooding the market right now, but Boost is top among them as an intuitive and effective solution made to help real estate professionals grow their business and see real results. We're confident this partnership will provide our customers with yet another competitive edge in the marketplace." About Lone Wolf Technologies Lone Wolf Technologies is the North American leader in residential real estate software, serving over 1.5 million real estate professionals across Canada, the U.S., and Latin America. With cloud solutions for agents, brokers, franchises, MLSs and associations alike, the company provides the entire real estate industry with the tools they need to amaze clients, build their business, and improve profits—from transactions to back office, insights, and more, all in one place. Lone Wolf's head offices are located in Cambridge, ON, and Dallas, TX. About MLS PIN As the largest multiple listing service in New England, MLS Property Information Network (MLS PIN) connects over 45,000 real estate professionals and millions of consumers throughout the six New England states and New York. MLS PIN's flagship application, Pinergy, is designed and developed in-house, regularly implementing new features based on customer input. Real estate professionals gain access to more than 16,500 current on-market properties and 4.1 million off-market properties. MLS PIN provides in-person training, webinars, customer care seven days a week, and a growing list of third-party offerings. The Realtor/Broker-owned shareholder corporation is centrally located in Shrewsbury, MA. Discover more at mlspin.com.

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REAL ESTATE TECHNOLOGY, REAL ESTATE ADVICE

Lex Machina Launches New and Enhanced Legal Analytics for Real Property Litigation

PRnewswire | May 26, 2023

Lex Machina, a LexisNexis company, announced today that it has officially released its newly expanded and enhanced federal practice area of real property litigation (the "Real Property Module"), which now provides Legal Analytics for over 100,000 cases. The Real Property Module includes any federal district court case involving a dispute concerning real property. Along with the Legal Analytics on all real property cases involving foreclosures that was released a few months ago, the Real Property Module now includes real property cases involving land condemnation, rent/lease/ejectment, and torts to land. Lex Machina has also added more than 17,000 Real Estate Settlement Procedures Act ("RESPA") cases to the consumer protection practice area as part of this expansion. Real property is an important area of law in which transparency and understanding provide a crucial edge. The new Real Property Module gives practitioners essential insights on judges, courts, law firms, attorneys, and parties involved in real property litigation. "Real property litigation is a complex, diverse, and nuanced area of law that involves a wide-range of legal issues and claims," said Ellen Chen, Lex Machina's real property legal data expert. "From the previously-released foreclosures to land condemnation to leases to torts to land, Lex Machina is proud to provide expanded and enhanced Legal Analytics on this new and important area of law. We are excited to offer essential data-driven insights on the key players and outcomes involved in real property litigation." The Real Property Module incorporates case tag filters for cases involving foreclosures, land condemnation, rent/lease/ejectment, and torts to land. It also incorporates an extensive collection of practice area-specific damages and findings. 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As the only Legal Analytics platform that combines an exclusive artificial intelligence technology with attorney review to analyze more than 440,000 court documents included in the Real Property Module, Lex Machina does the difficult work of creating accurate analytics that are cleaned, corrected, and enhanced. This exclusive process allows Lex Machina to provide comprehensive data-driven insights about courts, judges, law firms, lawyers, and parties. Real property joins the 20 other federal practice areas already available on the platform. Lex Machina is proud of this key achievement. About LexisNexis Legal & Professional LexisNexis Legal & Professional® provides legal, regulatory, and business information and analytics that help customers increase their productivity, improve decision-making, achieve better outcomes, and advance the rule of law around the world. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. LexisNexis Legal & Professional, which serves customers in more than 150 countries with 11,300 employees worldwide, is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. About Lex Machina Lex Machina fundamentally changes how companies and law firms compete in the business and practice of law. The company provides strategic insights on judges, lawyers, law firms, parties, and other critical information across 20 federal practice areas and a rapidly growing number of state courts. Lex Machina allows law firms and companies to anticipate the behaviors and outcomes that different legal strategies will produce, enabling them to win cases and close business. 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REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT

Western Wealth Communities' Partnership with Pay Ready has Streamlined their Property Management Operations

PRnewswire | April 19, 2023

Pay Ready, multifamily's leading post-resident payment technology, announces their software has streamlined property management operations and enhanced resident experiences for Western Wealth Communities, Phoenix, Arizona. Western Wealth Communities (WWC) has always focused on excellence in every aspect of its operations, and with the addition of Pay Ready's predictive analytics and automated outreach, the company has changed the way it operates across the portfolio since 2020. The cloud-based software has allowed WWC to effortlessly manage and track all post-resident activity. This includes streamlining the post-resident move-out process, which has reduced administrative burden and provides their onsite teams with more time to focus on the daily operations and resident needs. "We have been thrilled with the partnership, it has taken our property management operations to the next level," says Jennifer Staciokas, President, at Western Wealth Communities. "The efficiencies of having this centralized platform have allowed our onsite teams to provide a better service to our residents and have produced new opportunities for our teams to succeed and grow. Having the insight into our recovery efforts along with the significant lift in recovery payments truly aligns with our core value of striving for excellence at every point," further states Staciokas. "We were excited when we had the opportunity to partner with Western Wealth Communities in 2020 and I could not be more proud of our organization and the operational impact that has been made. Our centralized platform not only provides a robust solution for the owners and operators but also for the resident. Pay Ready's post-resident technology is truly a solution that continues to improve Western's overall operational efficiencies and drive their business forward," states Lynn Musil, Pay Ready's Chief Executive Officer. About Western Wealth Communities WWC has developed a proven system for investing in multifamily properties in key real estate markets across the U.S. WWC offers investment partners the opportunity to invest in properties with substantial value-add opportunities. Since its inception, WWC has successfully completed more than $6 billion in real estate transactions representing more than 27,000 total units. WWC's vision is to build wealth for its investment partners with industry-leading returns. A people-first approach promotes excellence at every point; with highly efficient operations and a true commitment to our communities. For more information, please visit westernwealthcommunities.com About Pay Ready Since 2016, Pay Ready's innovative post-resident payment technology has revolutionized the way owners, operators, and residents engage with post-resident account receivables. Pay Ready has formed major partnerships nationwide in 3 million multifamily units with over $1 billion in serviced receivables. Pay Ready outperforms traditional post-resident payment processes and aids in brand protection. Pay Ready's advanced technology has empowered property owners and operators to focus on revenue generation and growth while leaving the arduous process of debt management to Pay Ready. For more information. Please visit payready.com.

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