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OneKey MLS to use CubiCasa’s floor plan creation tools

Housing Wire

According to the firm, CubiCasa’s technology reduces the subjectivity and inconsistency of the traditional “hand-drawn sketch” method of determining a home’s size, still used by appraisers today, and empowers even untrained homeowners to produce accurate results.

Tools 397
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Realcomp MLS agents now have access to CubiCasa

Housing Wire

The calculations reached by CubiCasa technology are aligned with American National Standards Institute standards and the technology can be used without prior training by anyone with a smartphone. The CubiCasa mobile application allows users to produce 2D and 3D floor plans by just scanning a property.

Agents 409
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The Real Brokerage settles Umpa commission lawsuit for $9.25M

Housing Wire

Filed in late 2023 in Missouri by Daniel Umpa, a Maryland home seller, the Umpa suit , like the other commission lawsuits, accuses real estate industry players, including Real, of conspiring to artificially inflate real estate agent commissions. The Real Brokerage closed $14.4

Brokerage 379
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Tom Ferry launches AI coaching chatbot TomAI

Housing Wire

The firm describes TomAI as a “version of ChatGPT trained on 20+ years proven-effective real estate strategy from hundreds of the industry’s leading coaches and thousands of market-dominating agents.” A beta version of the tool launched in August 2023 for Tom Ferry coaching clients. or 8 p.m.”

Tools 341
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Real estate brokers focus on value amid commission lawsuit unease

Housing Wire

The National Association of Realtors , Keller Williams , and Berkshire Hathaway are still going to court to fight the allegations. Some 40% of respondents say they are focusing on educating and training their agents. Technological and Operational Adjustments : While seemingly unrelated, about 2.5%

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Glenn Kelman says Redfin has ‘very good defenses’ for commission lawsuit

Housing Wire

Redfin executives were happy to discuss commission lawsuits during their firm’s third-quarter 2023 earnings call with investors and analysts Thursday evening, just not the one their firm was recently named as a defendant in. Kelman said Redfin could use that technology to market properties listed by Redfin directly to consumers.

Agents 437
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Q4 BrokerPulse: Commission lawsuits spur proactive changes for real estate brokers

Housing Wire

As the commission lawsuits heat up, real estate brokers are gearing up to add buyer representation agreements and training, cut costs and hone value propositions, according to RealTrends Q4 2023 BrokerPulse survey. Some 22% said they were pessimistic, compared with 14% in the Q3 2023 survey.