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Real estate brokerage Radius unveils mortgage-lending arm

Housing Wire

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Is now a good time to invest in real estate automation technologies?

Brokerage 395
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Real estate tech roundup: Shaker, zavvie and Homie

Housing Wire

Indianapolis-based High Alpha has launched Shaker , a collaborative CRM and real estate transaction management platform. Through the platform, Shaker offers a suite of tools to streamline client communication and collaboration, including transaction management, client communication, predictive insights and a built-in referral engine.

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How scammers are using AI to commit new fraud in real estate

Housing Wire

Editor in Chief Sarah Wheeler sat down with Tom Cronkright, co-founder and executive chairman of CertifID and CEO of Sun Title , to talk about battling the latest frauds and scams as bad actors leverage a new arsenal of tech tools to wreak havoc on buyers and sellers of real estate. So, let’s pull this string one layer deeper.

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Lamacchia Realty acquires family brokerage of NAR President Kevin Sears

Housing Wire

On Monday, the independent brokerage announced that it had acquired Springfield, Massachusetts-based Sears Real Estate. Founded in 1971 by Paul Sears, Sears Real Estate is owned and operated by the family of current National Association of Realtors president Kevin Sears. Based in Waltham, Mass.,

Realty 417
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DataDigest: Study shows agents are aplenty, most with few or no sales

Housing Wire

It relies on examinations of agents’ sales for five major real estate firms in each of four geographic areas; out of a sample of 2,000 agents, 100 were selected randomly from each firm in each area. Companies do this due to high turnover rates and to bring in new clients who come with new agents, the study argues.

Agents 423
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Homebot home education portal acquires mobile app firm Quo Finance 

Housing Wire

Homebot , a home education portal that keeps people connected to their loan officers and real estate agents, acquired Quo Finance , a mobile app for first-time homebuyers. Homebot was co-founded by Ernie Graham and Ira McMahon in 2015 with a vision to help people make smart financial decisions with their homes. Quo raised $7.2

Finance 329
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Guaranteed Rate deploys Gateless’ Smart Underwrite solution

Housing Wire

In a fast-paced real estate market, many potential homebuyers miss out on their dream homes due to the lengthy mortgage approval process. “When Guaranteed Rate introduced the world’s first fully digital mortgage in 2015, it revolutionized the industry. .