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.
REAL ESTATE TECHNOLOGY, MORTGAGE AND LENDING
MeridianLink | March 03, 2023
On March 02, 2023, MeridianLink®, Inc., one the leading provider of modern software platforms for consumer reporting agencies and financial institutions, announced that it received two HousingWire 2023 Tech100 Mortgage Awards. MeridianLink’s selection as a winner was based on its innovative approach to bring flexibility and improve browser experience, speed and insight to mortgage origination. In addition, a MeridianLink® company, OpenClose™, was identified because its 100% browser-based, omnichannel solutions empower lenders to enhance efficiencies, improve margins, reduce costs, and advance experience quality. These award-winning capabilities provide financial institutions with the robust technology they need to improve the experiences for loan officers and borrowers and close more loans.
The Tech100 program, now in its eleventh year, offers housing professionals a comprehensive list of the most innovative and influential organizations that can be used to identify partners and provide solutions to the daily challenges mortgage lenders face. Every year, the Tech100 program improves progressively more competitively, and the quality of applicants improves as the industry’s demand for technology increases. In its fourth year, the Tech100 program was presented in two groups, including HW Tech100 Real Estate and HW Tech100 Mortgage, to highlight the achievements and innovation of organizations within both sectors.
Chris Maloof, President of Go To Market, MeridianLink®, said, “It is a privilege to be selected once again as a winner of HousingWire’s renowned Tech100 award, and we are thrilled that our industry-leading offerings represent such a large percentage of the true mortgage loan origination systems on this year’s list.” He also said, “As lending progresses toward an increasingly digital future, MeridianLink® and OpenClose™ will continue offering world-class digital experiences built on innovative solutions. We are proud to give our customers choices that connect them with the same technology they need to outshine the competition.”
(Source – Business Wire)
Founded in 1998, MeridianLink® enables digital lending and account opening for financial institutions and provides consumer reporting agencies with data verification solutions. Its cloud-based, scalable platforms support customers to build deeper relationships with consumers via data-driven, personalized experiences throughout the lending life cycle. Its established industry leaders continue to set the industry standard for web-based credit reporting and all sizes of financial institutions. Based in Costa Mesa (California), MeridianLink® has prioritized the democratization of lending for customers, businesses, and communities specializing in loan origination, mortgage systems, loan software and banking software.
Avalara | February 24, 2023
On February 23, 2023, Avalara, a software development company dedicated to the real estate sector, announced the launch of its new digital business solution, Avalara Property Tax, for real and personal property tax management, enhancing tax compliance with cloud-based automation.
This solution would assist accounting and businesses professional in managing their complete property tax portfolio and compliance activities. In addition, it supports their activities like preparation of business personal property renditions, procession and handling of tax bills, assessments, and appeals.
There is a necessity for a more flexible and customizable solution for businesses, especially with in-house property tax compliance. Its solution helps the huge workloads with the SaaS facility of a secured central hub for property tax compliance operations over real and personal property. It facilitates the tax data like tax bills and assessments in the mail platform from various jurisdictions. It scans documents in a single secured platform with accuracy and automation to the selected account. In addition, it offers due date tracking, a feature created to avoid late payment penalties as it is difficult to assimilate due dates, discount opportunities, terms, and conditions separately.
EVP and GM of Indirect Tax, Avalara, Jayme Fishman, said, “Today, property tax is one of the most challenging business compliance activities. This challenge is due to the complexity of preparing personal property returns and the downstream implications of assessments and tax bills for real and personal property. Further complications arise from many jurisdictions having different due dates and terms, varying state depreciation schedules, and getting data out of client systems to feed into the process.” He added, “Our new property tax software solution follows our core mission of making taxes less taxing by offering businesses and accountants a more effective way to manage their property tax compliance and reduce errors while saving valuable time and money.”
(Source – Business Wire)
Headquartered in Seattle, Washington, Avalara, a cloud-based tax compliance solutions provider for businesses, offers sales tax automation and compliance services, tax return filing services, e-commerce integrations and exemption certificate management. Founded in 2004, it gives robust cloud-based solutions for tax compliance automation with efficiency and accuracy in real-time scenarios across the United States and worldwide. It delivers services for over 30,000 customers, and about 1,400 signed partner integrations for EPR, accounts, e-commerce, POS, CRM systems, and recurring bills of business applications. In addition, it supports tax transactions like sales, usability, excise, communication, lodging, VAT, GST, and indirect taxes.