Editor’s note: Technology is the driving force behind real estate. From startups to established companies, technology companies are constantly innovating, growing, and building partnerships. Here are some of the latest news about companies that are helping advance the industry.
“Edge Pitch Battle” app now available
Ahead of this fall’s T3 Sixty’s Edge: The Tech and Data Forum event in Texas, the company is inviting interested parties to apply for the Edge Pitch Battle, a competition for emerging proptech companies in the residential real estate space.
“If we’re building something that will change the way brokerage firms and agencies operate, this is the proof point,” Jack Miller, president and CEO of T3 Sixty, said in a news release.
The two-day competition will be part of a broader event in Dallas on October 28th and 29th. Contestants are scored based on product pitch, quality, uniqueness, industry impact, and market potential.
Eligible companies are those that have not advanced to Series B or have annual recurring revenue of less than $7 million. Entrants must have at least one paying customer or signed pilot of the product they seek to enter the contest, which must also be operational in the market. Nine finalists have been selected and applications will be accepted until the end of July.
“Edge Pitch Battle puts the most promising proptech companies in front of the companies that actually buy and deploy real estate technology,” said Bryson Clayton, SVP of Technology Consulting at T3 Sixty. “We’ve built a format that rewards real products that solve real problems, rather than concept pitches.”
(Note: Real Estate News is an editorially independent division of T3 Sixty.)
Apartments.com launches AI-powered rental search
CoStar Group has introduced Apartments.com Ai, a conversational apartment search tool that uses artificial intelligence to help renters search, compare, and evaluate rental properties through natural language interactions. The tool comes four months after the launch of Homes Ai, CoStar’s conversational home search product for homebuyers.
The platform, available on Apartments.com, allows users to describe their preferences in their own words rather than relying on traditional search filters, according to a news release. The tool leverages Apartments.com’s listing, pricing and neighborhood data and builds on the company’s extensive investments in AI-driven real estate search experiences, CoStar said. We answer questions about properties and neighborhoods, compare apartment communities, guide users through Matterport 3D tours, and help connect you with our leasing team.
“Searching for an apartment is one of the most important decisions people make, yet the search process has remained largely unchanged for years,” Andy Florence, founder and CEO of CoStar, said in a statement, adding that the new tool “represents a fundamental shift from searching for a property to having a conversation with a trusted rental advisor.”
“By combining artificial intelligence with the industry’s most comprehensive multifamily data, we will be able to understand what renters really want, guide them through their options, and find the home that fits their lifestyle more quickly, confidently, and accurately,” Florence added.
NoteRouter integrates NAR content into bids that saves agents time
NoteRouter has partnered with the National Association of Realtors to make official NAR content available directly within the NoteRouter communications platform.
This integration allows association and MLS staff to access NAR content and insert NAR content into emails and text messages without having to manually copy, format, or reconstruct the materials. The company says users can browse NAR content within the NoteRouter editor, add formatted content blocks to communications, and distribute updates to members faster.
“We built NoteRouter to modernize communication for our members, and being able to create official NAR content in one click is exactly that,” Nick Goff, founder and CEO of NoteRouter, said in a news release. “No copy-pasting or HTML imports, just saving you a few hours each week.”
These partnerships allow NAR to “provide more content to state and local associations, making it easier for our members to discover engaging content that leads to their next deal,” added Raffi Williams, NAR’s vice president of communications.
According to NoteRouter, this integration is now available to all customers and is intended to reduce administrative efforts for association and MLS staff, as well as ensure member communications reflect official NAR content.
MaxHome.AI joins LeadingRE’s solutions program
The world’s leading real estate company has added MaxHome.AI to its Solutions Group program to give member brokers access to the company’s AI-powered transaction and workflow automation technology.
MaxHome.AI uses document understanding technology to analyze real estate documents, extract structured data, and automate operational workflows. According to the company, the platform automates routine tasks and assists agents by providing feedback during trades, improving accuracy and reducing manual follow-up.
“Real estate has always been a relationship business, but the companies that win over the next 10 years will be the ones with the best systems behind the scenes,” Divya Aathresh, founder and CEO of MaxHome.AI, said in a news release. “We value our partnership with LeadingRE, which represents a brokerage network that not only adapts to change, but actively defines the future of real estate.”
LeadingRE’s Solutions Group connects a network of more than 500 real estate companies with their preferred technology and business service providers. The group said the addition of MaxHome.AI expands the technology resources available to member brokerages looking to streamline operations and trade management.
Second Century Ventures expands partnership in Latin America
Second Century Ventures (SCV), the investment arm of NAR, has entered into a strategic partnership with Confederación Inmobileria Latinoamericana (CILA) to support technology adoption and innovation across Latin America’s real estate sector.
The agreement connects CILA’s network of real estate associations and professionals in 19 countries with SCV and its REACH technology accelerator program. The partnership will focus on sharing industry best practices, expanding educational opportunities, fostering connections between real estate organizations and technology companies, and exploring programs that assess technology readiness across regional markets, according to a news release.
The collaboration will also create a framework for future initiatives such as regional innovation assessments, benchmarking studies, and modernization programs. SCV said the partnership will expand its international footprint and strengthen REACH’s presence in Latin America.
“Latin America is not an emerging market. It is an emerging market and the real estate sector here is poised to lead,” said Dave Garland, managing partner of SCV and REACH. “Partnering with CILA gives us access to the deepest network of real estate professionals, associations and leaders across the region.”
Editor’s note: This content was first drafted using AI and then thoroughly reviewed, fact-checked, and revised by Real Estate News editors.
