REAL ESTATE TECHNOLOGY, BUYING/SELLING

Lone Wolf introduces real-time buyer tours to Cloud CMA

PRnewswire | March 28, 2023 | Read time : 05:00 min

Lone Wolf introduces real-time buyer tours to Cloud CMA

Lone Wolf Technologies ("Lone Wolf"), the leader in residential real estate software, is excited to introduce the newest innovation in Cloud CMA: Live buyer tours. Buyer tours, already one of Cloud CMA's most popular report types, connect with MLS data to provide clients with a better sense of what they're looking at when they are touring homes. The new live buyer tours turn previously static reports into dynamic ones—with easy-to-read, real-time data on any device.

"We're making it possible for real estate professionals to take the reports they already provide and put them directly into the hands of their clients—wherever they are," said Jimmy Kelly, CEO of Lone Wolf. "This new feature is a significant improvement to the overall client experience that Cloud Agent Suite helps professionals offer, greatly improving convenience and understanding for everyone involved in the home-buying experience."

With live buyer tours, clients have instant access to the most relevant information about their favorite listings, including:

  • A real-time list of showings, organized by time, for simpler schedule management on showing days Comprehensive details that include drive time, directions, and other logistics so agents and clients stay on time and on the same page
  • Live feedback fields that share directly with their agent so clients can actively participate in tours and take notes for later discussion
  • And more!

"As real estate continues to shift in an increasingly digital direction, real estate professionals need to be able to follow suit," said Greg Robertson, GM of MLS at Lone Wolf. "With this improvement to buyer tours, agents can provide their clients with the option that best fits their needs through the home buying process—whether they prefer a classic report or a digital one. This will empower agents to own every moment and turn tours into transactions through the upcoming busy spring selling season."

With over 300,000 CMA reports generated every month, Cloud CMA is the industry's most popular tool for transforming static, generic CMAs into visually stunning and informative presentations that empower real estate agents to win more listings and attract new prospects—as well as nurture clients over time with a regular cadence of reports on their home's value.

This new feature is part of Lone Wolf's continuing mission to adapt and improve features and benefits across all solutions and software, ensuring that professionals and their clients alike have access to the best technology—where and when they can use it most.

Users of Cloud CMA will find this feature waiting for them in their dashboards, and agents can sign up for Cloud CMA for a limited-time free trial here.

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.

Spotlight

Real Estate Asset Management's complexity and impact on portfolio performance have affected businesses and investments. Explore insights to simplify the process.

Spotlight

Real Estate Asset Management's complexity and impact on portfolio performance have affected businesses and investments. Explore insights to simplify the process.

Related News

REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT

AppFolio Launches Innovative AI Capabilities and Affordable Housing Solution to Empower Property Managers, Enhance Resident Experiences

Globenewswire | June 08, 2023

AppFolio, Inc. (NASDAQ:APPF), a cloud-based technology platform built for the real estate industry, today introduced a host of new capabilities to better serve property management customers and their residents. Innovations include AppFolio Realm, uniting all of AppFolio’s established AI-powered capabilities and a number of transformational new additions in a common suite, and an affordable housing solution enabling property managers to more efficiently manage affordable housing units. AppFolio also announced new additions to its rapidly growing AppFolio Stack™ Marketplace, which allows users to seamlessly integrate specialized point solutions with AppFolio’s centralized property management software platform. AppFolio Realm is how the company is delivering on its product vision to create a world where managing communities feels magical and effortless, helping property managers streamline workflows, unlock insights, and boost productivity. With the launch of AppFolio Realm, AppFolio is adding new AI capabilities powered by large language models (LLMs): Customers can now enable a simple way to automatically generate compelling marketing descriptions for their units and properties with AI, while retaining the ability to review, edit, and customize as needed. AppFolio is piloting a new conversational interface with a select group of trusted users. Customers can ask the software to complete tasks, draft and send communication, and initiate actions or processes on their behalf without having to navigate a traditional graphical interface. AppFolio is in its fifth year of making meaningful, responsible investments in AI through products like Smart Maintenance, and its AI Leasing Assistant, Lisa, along with Bank Feed, Smart Bill Entry, and FolioGuard Smart Ensure. More than 40% of AppFolio’s more than 18,000 customers already utilize AppFolio’s AI tools to augment their workflows and deliver superior resident experiences. “We know that AI is having transformative outcomes for the real estate industry. Our early adoption of AI and ongoing product innovation have allowed us to create a more holistic, modern, and market-leading experience for our customers, and we’ve made significant investments to ensure that our solutions are built safely and responsibly,” said Shane Trigg, President and CEO of AppFolio. “The launch of AppFolio Realm and our expansion into affordable housing demonstrates our commitment to helping our customers create exceptional experiences for their residents and communities.” AppFolio’s new affordable housing solution is tailored to the unique needs of customers managing affordable housing properties or units within their portfolio. According to an upcoming AppFolio report, operational efficiency is the top challenge for affordable housing property managers. Through AppFolio, customers can efficiently operate affordable housing and market rate units on a single platform, seamlessly manage compliance, streamline processes, and consolidate accounting operations for conventional and affordable housing units. AppFolio’s affordable housing product supports U.S. Department of Housing and Urban Development (HUD) Project Based Section 8 rental assistance (PBS8), and Low Income Housing Tax Credit (LIHTC). “Adding AppFolio’s affordable housing solution to our workflow has not only saved us time but has helped to unify our team under a single platform that has increased transparency and streamlined operations across multiple regions,” said Jessica Berzac, Co-owner and Principal at UPholdings, an AppFolio customer since 2020. “With AppFolio’s leading technology and access to relevant data, we’ve been able to better manage expectations, improve communications, track outcomes and create more high functioning properties – ultimately creating a better experience for our team and our residents.” With the addition of 13 new partners so far this year, AppFolio continues to rapidly scale its AppFolio Stack Marketplace. Launched in 2022, the marketplace now features nearly 30 partners to help AppFolio customers navigate the complex proptech landscape, while driving growth and efficiency. The latest additions feature a variety of modern, innovative solutions to streamline everything from marketing to leasing, maintenance, and collections, and include Breezeway, Engrain, Hunter Warfield, Latch, Lula, Mezo, NetVendor, PointCentral, RemoteLock, Rent Dynamics, Respage, Showdigs, and SmartProperty. "We continue to see strong interest from proptech industry innovators in working with AppFolio,” said Will Moxley, Senior Vice President of Product at AppFolio. “AppFolio Stack helps customers seamlessly and reliably extend AppFolio through point solutions – and gives them a competitive edge.” About AppFolio, Inc. AppFolio, Inc. is a cloud-based technology platform built for the real estate industry. Our solutions enable our customers to digitally transform their businesses, address critical business operations and deliver a better customer experience. For more information about AppFolio, visit appfolio.com. AI Leasing Assistant, Lisa and Smart Bill Entry are part of a suite of AI-powered features within AppFolio Realm, delivering on its product vision to create a world where managing communities feels magical and effortless.

Read More

REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT

Millennium Trust Enhances Real Estate Alternative Investment Solutions With Acquisition of Accruit

Accesswire | April 21, 2023

Millennium Trust Company, LLC, a leading provider of health, wealth, retirement and benefit solutions, today completed the acquisition of Accruit Holdings LLC (Accruit), a leading, independent Qualified Intermediary and technology service provider of real estate 1031 exchanges. The acquisition will broaden Millennium Trust's diverse solutions by giving institutional and individual clients access to world-class facilitators of all types of 1031 exchanges, one of the most popular, efficient tax deferral strategies when selling and buying real estate property used for business or investment. For more than 20 years, Millennium Trust has provided access to and custody solutions for alternative asset investments, including real estate. Utilizing Accruit's patented technology and user-friendly online software solution, Exchange Manager ProSM, clients can now take advantage of the tax benefits of leveraging 1031 exchanges and increase cash flow by deferring taxes on gains realized through the sale of qualifying real estate. "More people are turning to alternative investments like real estate to grow their retirement savings and income, so 1031 exchanges are a valuable tool when managing wealth. We help people leverage their assets to invest in alternatives like real estate, and we're excited about this step forward, pairing the highest level of administrative expertise and exceptional service with Accruit's revolutionary 1031 exchange software technology," Millennium Trust CEO Dan Laszlo said. "Clients who want to invest in real estate may be able to take advantage of additional tax savings, utilizing boutique-style service across a large volume of exchanges, which sets Accruit apart from other qualified intermediaries. Our company values and path forward are aligned, and we are thrilled to begin working with Accruit's talented industry experts to immediately bring additional value to Millennium Trust's alternative asset clients," said Erik Beck, Chief Commercial Officer of Millennium Trust. Accruit, which is headquartered in Denver, has successfully revolutionized the 1031 exchange industry over the last 23 years by operationalizing the exchange of real estate assets through technology and its unique, client-focused service. "It's an incredibly exciting time to join Millennium Trust. Our unparalleled 1031 exchange solutions and innovative online platform fit perfectly with its core markets around retirement and wealth solutions," said Brent Abrahm, President and CEO of Accruit. "Our industry experts look forward to immediately adding value to Millennium Trust's clients by providing another solution to help maximize their financial well-being." This acquisition is a part of Millennium Trust's efforts to expand its health, wealth, retirement and benefit solutions. In 2022, Millennium Trust acquired PayFlex, a provider of health savings accounts (HSAs) and other consumer-directed benefits, to broaden its services and solutions for employers, institutions, and individuals. About Millennium Trust Company Millennium Trust Company solves important business challenges through innovative financial wellness solutions that help people plan, save and invest. With clients holding more than $55 billion in assets under custody, we are committed to using our decades of expertise and strong partnership with the financial community to empower employers, advisors and institutions to help people achieve short-term and long-term financial security. Learn more at mtrustcompany.com. About Accruit Holdings Accruit Holdings boasts over 20 years in the 1031 exchange industry. Through our leading independent, national Qualified Intermediary, we provide 1031 exchange services across the U.S. and specialize in all types of exchanges from forward, reverse, build-to-suit/improvement, to specialty "non-safe harbor" reverse exchanges. We revolutionize the industry through our patented 1031 exchange workflow software by offering both SaaS and back-office solutions to the real estate marketplace. Learn more at www.accruitholdings.com.

Read More

MARKET OUTLOOK, REAL ESTATE INVESTMENT

Cherre Announces New Data Submissions Portal to Streamline Data Collection and Reporting

Businesswire | May 18, 2023

Cherre, the leading real estate data integration and insights platform, today announced its new Data Submissions Portal, a product that automates and streamlines data collection and reporting. Building on Cherre’s ability to connect all client data from internal systems and third-party data vendors, the Cherre Data Submissions Portal allows customers to easily collect data from their service providers and partners (including property managers, fund administrators, and joint venture partners) and use it to power faster and smarter reporting – while retaining complete control of the process. The Cherre Data Submissions Portal solves the common challenges that investment managers and fund administrators face when collecting data from their service providers and partners. These challenges include manual mapping, validation, review, and approval; inconsistent data formats; incomplete or inaccurate data; delayed or missing reports; and a lack of transparency into submission status across providers within a cycle. The Cherre Data Submissions Portal automates and simplifies the entire data collection and reporting process, enabling customers to: Choose from Cherre’s prebuilt library of financial, operational, and ESG submission templates, or to customize their own. Manage master data mappings, including easily adding or editing the chart of account mappings. Invite service providers and partners to submit data through a secure and user-friendly interface. Validate and standardize data using Cherre’s robust library of validation rules. Manage and track submissions through a configurable review, commentary, and approval workflow. Review and approve data with one click, then access it in real time using Cherre’s asset management dashboards or export it to a downstream data warehouse or financial application. “The Cherre Data Submissions Portal gives our customers unprecedented flexibility, control, and transparency over their submission cycles,” said Yuri Andersen, Senior Product Manager at Cherre. “Investment and fund managers can now easily collect and validate data from their providers in a scalable and secure way. This solution allows them to save time and money on data management, ensure accuracy and timeliness, and focus less on data wrangling and more on reporting and decision making on their assets.” The Cherre Data Submissions Portal helps investment managers and fund administrators improve their data quality, efficiency, and transparency. By using the Cherre Data Submissions Portal, customers can: Reduce manual data collection and reporting costs. Increase data accuracy and completeness. Accelerate reporting cycles. Quickly onboard new third-party service providers and partners. Monitor and assess the performance of their service providers and partners. Enhance data-driven decision making and performance optimization across their portfolio. “With the Cherre Data Submissions Portal, we have solved a long-standing problem for investment managers and fund administrators,” said L.D. Salmanson, CEO and Co-Founder of Cherre. “Unlike manual, outsourced, or subpar solutions, our portal offers a comprehensive and seamless way to collect, validate, approve, and access data from any source, providing our clients with a full and holistic solution for all their data needs.” Thanks to the unprecedented flexibility of the portal and Cherre’s data engine, customers can ingest and map any type of real estate data including financial, operational, tenant experience, ESG, and endless other topics. About Cherre Cherre is the leader in real estate data and insight. We connect decision makers to accurate property and market information, and help them make faster, smarter decisions. By providing a unique “single source of truth,” Cherre empowers customers to evaluate opportunities and trends faster and more accurately, while saving millions of dollars in manual data collection and analytics costs. Cherre launched in 2016 and is located in New York City.

Read More