Real AI: Fannie Mae embraces CV, Claude.ai gets better, AI facts and top headlines

By Kevin Hawkins with Korey Hawkins | Vol. 1 Post 15 Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday. Fannie Mae embraces computer vision Craig Rowe at Inman News did a solid job with his recent piece on Fannie Mae embracing AI and computer vision or CV. It’s important because when Fannie Mae makes a move, the mortgage industry follows. In June, Fannie Mae announced the use of "image recognition" to detect incorrect quality and [...]

Real AI: AI Turbo-powered, new AI research and top AI headlines

By Kevin Hawkins with Korey Hawkins | Vol. 1 Post 13 Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday. GPT-4 Turbo: What real estate pros need to know Microsoft-backed OpenAI, the creators of ChatGPT, during its first in-person developer event, launched a more powerful AI model dubbed GPT-4 Turbo, currently in Beta, among other advances. What will these AI improvements do? GPT-4 Turbo is said to be a smarter model than ChatGPT-4. It will let [...]

Real AI: AI and driverless cars (or not), AI fast facts and top AI headlines

By Kevin Hawkins with Korey Hawkins | Vol. 1 Post 12 Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday. AI and driverless cars: Is AI failing the trust test? Cruise, the autonomous taxi firm backed by GM, is in trouble, The Hustle reports. This is despite the announcement by GM a couple of weeks ago that it is partnering with Honda to launch its robotaxi service in Japan by 2026. Cruise also plans to expand [...]

Remembering LA Times reporter Dave Myers

The caller ID on my cell displayed the name of a friend of 30+ years who calls randomly, and I always answer. This time, the news was unfortunately sad. A friend and business colleague we had known for decades had passed away. Dave Myers, former real estate reporter for the Los Angeles Times, died at 62 years young. Another dear reporter friend, Ralph Bivins, editor of Realty News Report, noted that Dave shared in Pulitzer Prize wins for team coverage of the 1992 riots and the 1994 Northridge earthquake. Dave Myers with NAREE friends on a trip to Napa [...]

By |2023-10-13T11:39:24-07:00September 25th, 2023|Industry Observations, News|5 Comments

Women’s Council of Realtors® hires Amanda Stinton as Chief Executive Officer

Congratulations to Chris Pelkola Lee and the entire Women’s Council of REALTORS CEO search committee for choosing Amanda Stinton as the organization’s next CEO.  It was an honor to work with the organization and to interview so many highly qualified candidates! The Women’s Council has prepared so many of the best and brightest in our industry to be leaders in their community, business, and in so many leadership roles around our industry. With Amanda at the helm, I am confident the influence, impact and engagement of Women’s Council is going to expand exponentially.   See full press release below: Women’s [...]

By |2023-09-15T15:08:49-07:00September 11th, 2023|Announcements, Associations, News, Press Releases|2 Comments

Anywhere settles Moehrl and Sitzer/Burnett lawsuits

Anywhere Real Estate, owner of Coldwell Banker, Century 21, Sotheby’s and several other iconic real estate brands, has reached a settlement on two pivotal lawsuits for the real estate industry.

By |2023-09-06T05:36:45-07:00September 6th, 2023|Broker Information, Legal in Real Estate, News|0 Comments

Ben Caballero does it again: HomesUSA.com launches new listing technology for home builders

Ben Caballero is relentless when it comes to creating new technology and achieving major milestones. The founder and CEO of HomesUSA.com, Ben is currently the No. 1 ranked real estate agent by RealTrends and has been every year since 2013. He is clearly the world’s most productive agent. Ben is an exclusive listing agent for over 60 home builders. He invented the technology for builders that helped earn him three Guinness World Records for home sales and a slew of accolades, including “Most Innovative Agent” by Inman News and a Pinnacle Award for Entrepreneurship from Keller Williams, presented by Gary [...]

By |2023-07-19T07:05:05-07:00July 18th, 2023|Builder, News, Real Estate Technology, Technology|0 Comments

WAV Group mourns passing of Lorne Wallace

As the saying goes, they just don’t make them like Lorne and his generation of visionary, gutsy entrepreneurs anymore. Lorne had a unique vision for the industry, founded in profitability. His background as a chartered accountant gave him a unique perspective so valuable to brokers, most of whom grew up focusing on top line sales, not profitability. He was a constant crusader teaching brokers how to manage expenses, simplify their operations and build sustainable businesses.

By |2023-05-25T12:13:37-07:00May 25th, 2023|News, Press Releases|0 Comments

New 2022 Realtor Tech Survey Reveals Advances, Shortcomings

Today the National Association of Realtors released its annual Technology survey of members, one of my favorite yearly research studies. With over 2,400 responses, it provides excellent insight into how tech innovations are impacting the real estate business now and in the future. Not many surprises, but this new research confirms the acceleration of tech adoption as one positive factor fueled by the pandemic. Here are some quick highlights: -eSigning rules: Looking back at the last 12 months, respondents ranked eSignatures as the most impactful tech tool (79%), with lockboxes (67%) and local MLS apps/technology (67%) tied for second place. [...]

A big jump up for hot PropTech startup zavvie

MoxiWorks is a real estate industry titan, serving 800 brokerages and their 400,000 agents, connected to over 500 MLSs and 150-plus tech partners. Today, zavvie announced integration with MoxiWorks, making its white label marketplace for brokerages and vastly expanding its ability to offer iBuyers and Power Buyers solutions with the addition of MoxiWorks powered brokerages. zavvie integrates with MoxiPresent, known as the easy-to-use, feature-stuffed, and ultra-versatile real estate presentation builder. MoxiPresent can now showcase instant iBuyer offers for sellers and information about Power Buyers, including “cash offers” and “buy before you sell” modern bridge solutions for buyers and current homeowners. [...]