MLS AI Debate; CoStar disputes Zillow’s announcement
It is up to MLSs to decide whether the Zillow-ChatGPT integration violates IDX policy
The National Association of Real Estate Agents (NAR) said individual MLSs must determine whether ZillowThe ChatGPT integration is IDX compliant. NAR highlighted its review of data control and disclosure requirements while confirming that display of MLS data on mobile apps is permitted. Zillow maintains that its integration follows regulations and improves listing visibility through responsible AI innovation.
CoStar disputes Zillow’s announcement, saying customers can share Matterport tours on Zillow
Matter Gate refuted Zillow’s claim that CoStar terminated their API agreement and changed media terms, calling Zillow’s statements “intentional misrepresentations.” In a letter to customers, Matterport said users can still share 3D Spaces anywhere, including Zillow, and that Zillow’s takedown decision was unilateral and misleading amid the ongoing legal challenges.
eXp Realty launches AI assistant ‘Mira’, an AI training program
eXp Real Estate unveiled Mira, an AI assistant for real-time business insights, and announced an eight-week AI training program for agents. These initiatives represent a significant shift towards AI integration in real estate, with CEO Leo Pareja emphasizing the importance of using technology to free up time for human interactions and expertise in a challenging market.
Truework’s Ethan Winchell on creating a better VOIE process
Ethan Winchell, co-founder of Real workshares insights on how his company is transforming income and employment verification, one of the mortgage industry’s biggest challenges, by lowering costs and leveraging technology.
UWM announces three new broker tools on AIME Fuse
United Wholesale Mortgage has introduced three new tools to help independent mortgage brokers streamline loan processing and improve marketing efforts. The tools are designed to improve workflow efficiency and give brokers more control.
Mortgage leaders on embracing consolidation and AI innovation
At the Association of Mortgage Bankers During this conference, industry leaders discussed the impact of artificial intelligence and consolidation on the industry. They emphasized the importance of technological adaptation for future competitiveness.
Compass launches Buyer Demand tool to help real estate agents price homes
Compass continues to invest in agent-empowering technology with the new Buyer Demand feature. This tool joins other features of the Compass platform, such as Business Tracker and Reverse Prospecting, allowing agents to provide more informed, timely guidance to home sellers in a rapidly changing market.
Propy leans on acquisitions, AI to ‘modernize’ title
Propy seeks to acquire 10 title firms valued at $10 million each, targeting businesses with $5 million to $50 million in revenue in California, Texas and Florida. The proptech company plans to reach a $1 billion valuation within 18 months through these acquisitions, accelerating its previous five-year organic growth projection.
