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New Study Details Artificial Intelligence Practices in the Real Estate Sector

New Study Details Artificial Intelligence Practices in the Real Estate Sector

by Phil Hall | Jan 9, 2025 | Market Snapshot, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Ferguson Partners, the Chicago-based talent management and strategic advisory firm for the real estate sector, announced the results of its first Artificial Intelligence (AI) Pulse Survey, a national study on the adoption, application, and evolution of AI practices...
MaxHome Raises $2 Million in Pre-Seed Funding Round

MaxHome Raises $2 Million in Pre-Seed Funding Round

by Phil Hall | Dec 6, 2024 | Market Snapshot, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

MaxHome, an artificial intelligence (AI)-native platform for real estate agents and brokerages, has secured $2 million in a pre-seed funding round led by BBG Ventures, with participation from Power of N and Fortitude Ventures. According to the company, the funding...
New Bipartisan Push to Study AI’s Impact on Housing and Financial Services

New Bipartisan Push to Study AI’s Impact on Housing and Financial Services

by Phil Hall | Dec 2, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The top Republican and Democrat on the House Financial Services Committee have teamed on new endeavors to highlight the impact of artificial intelligence (AI) on the housing and financial services industries. Rep. Patrick McHenry (R-NC), the committee’s chairman, has...
$2.3 Million Settlement in AI-Screening Discrimination Lawsuit

$2.3 Million Settlement in AI-Screening Discrimination Lawsuit

by Phil Hall | Nov 21, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

A federal court has approved a $2.3 million settlement that resolves charges that SafeRent, an artificial intelligence (AI) screening tool used by landlords, used its algorithm scores to determine if a rental housing applicant using vouchers should be approved as a...
Realtor.com Debuts AI Design Tool for Homeowners

Realtor.com Debuts AI Design Tool for Homeowners

by Phil Hall | Sep 9, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Realtor.com has unveiled Renovation Designer, a generative artificial intelligence (AI) design tool to provide users with visualizations of exterior and interior home renovations. According to the company, the new tool is powered by the residential 3D property data...
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