It’s been quite a journey that led us to this moment.
Over the past seven days, we shared nominees and winners of RESAAS’ 2016 Real Estate Rockstars for branding, real estate website, social media, most innovative brokerage, real estate video and real estate blogs.
And so, here we are.
Last but not least.
Our final group of nominees for our favorite category - Emerging Technology.
There’s no doubt that technology has changed the face of the real estate industry.
But first, let’s lay the land of the criteria we used to determine our nominees.
What’s a viable piece of technology if users can’t use it to its best abilities.
Is the site, app or piece of technology mobile friendly, easy to read, navigate and understand?
Can users find what they want easily?
Is the technology getting some notoriety amongst the real estate industry?
Is there potential impact on the real estate community?
We normally don’t do this, you know, talk about ourselves. This time is a rare exception. 2016 was a big year for our growing real estate tech company, RESAAS. We released RealTime MLS® - a software that allows MLSs access to all transactional data regardless of if the property sold before hitting the MLS or after. The solution was adopted by one of the most innovative MLSs in the U.S. - San Francisco Association of REALTORS® (SFAR). As a result, SFAR won Inman’s ‘Most Innovative MLS or Association’ at the 2016 Inman Connect Conference.
Last February the CEO of the web-based customer relationship management provider, Contactually, posted a blog noting how bad their app “sucked”. So, as any true innovator would, they admitted their mistakes, failed fast and rebuilt. Now with $8M in investments towards a new and improved app, Contactually came out swinging. Sure enough the result was a much better, seamlessly updated app. The industry took note - Contactually has noted great adoption amongst new and existing customers.
Surprise, surprise. Compass makes the list for ‘Emerging Technology’. The New York-based brokerage perfectly collides real estate and technology into one beautiful package. 2016 was a huge year for Compass as they were able to raise $75M in funding, receive a company valuation of $1B and most of all launched their new app which is changing the way consumers and agents gain insightful real estate data. The app, ‘Compass Homes’, gives both consumers and agents access to media comparable market data and listing search within their area. It’s only been four years since Compass hit the scene and they’re not showing any signs of slowing down.
And the winner is…