A quartet of tech solutions introduced earlier this week are in the Tech Trends spotlight.
Creating New Partnerships. Homebot, a Denver-headquartered homeownership intent platform, announced its launch of Partner Intel, which is designed to partner loan officers with real estate agents more effectively.
According to the company, Partner Intel’s highlights include a user-friendly search for agents by name or company using the intuitive search box, a data analysis of the agent’s historical performance, including total transactions, and the ability to save search alerts and identify agents for potential partnership.
“The need for robust, data-driven tools that can enhance the efficiency and effectiveness of your business has never been greater,” said Charlie Pratt, CEO of Homebot. “With Partner Intel, we’re providing our loan officer customers with an unprecedented ability to manage their partnership strategy in one platform.”
Fraud Fighting Collaboration. Snappt, a provider of document fraud detection solutions for residential apartment property managers, has announced a new partnership with Entrata, an artificial intelligence (AI)-enabled property management system serving the multifamily industry.
In this collaboration, Snappt will integrate with Entrata’s screening product ResidentVerify. Rental housing applicants can upload their documents directly to Snappt via an automated link, at which point Snappt conducts a fraud analysis and delivers results into Resident Verify, which includes routine status updates and a detailed report of the Snappt findings.
“Fraud continues to be a top-of-mind issue for owners and operators throughout the industry,” said Chase Harrington, president at Entrata. “This integration with Snappt will partner their fraud detection technology with our platform in a way that not only enhances efficiency, accuracy, and confidence in screening decisions but also safeguards the integrity of our clients’ operations.”
“We’re thrilled to partner with Entrata, a leading provider in the multifamily industry. Stopping fraud during the first step of the application process is a game-changer,” said Daniel Berlind, CEO of Snappt. “This integration represents a significant leap forward in protecting property management operations and fostering trust in screening decisions.”
More Info for Homebuyers. NAF Cash, an affiliated company of national mortgage lender New American Funding (NAF), has introduced NAF Cash Maps, a tool designed to give homebuyers in-depth insights into the real estate landscape.
According to the company, the new tool provides detailed information on cash transactions by state. The data is derived from information collected by real estate data provider MMI, MLS data and public records, with the goal of providing homebuyers with insight into the prevalence of cash buying in each state – including at the county level. Homebuyers can also view historical data on cash transactions, enabling them to understand market trends and make informed decisions based on past purchases.
“We’re thrilled to introduce NAF Cash Maps, a groundbreaking tool that provides homebuyers with invaluable insights into the real estate market,” said Miguel Villegas, director of NAF Cash. “By understanding the cash buying trends in different states, homebuyers can make more strategic decisions and position themselves for success in their homebuying journey.”
Data Resource for Landlords. TurboTenant, a provider of property management software, released its free Lease Agreement Audit AI Tool to help landlords mitigate legal risks and achieve compliance in every state where they operate.
According to the company, landlords use a web-based portal to select the state they want to check their lease agreement against and then upload the document into the AI tool. The tool then scans the document and, in 15 seconds or less, identifies issues related to essential lease information and laws regarding rent, late fees and security deposits.
The tool also provides information on general lease provisions, state-specific mandatory disclosures, contractual terms, and fair housing laws. After the scan, the tool generates a report that shows landlords where their lease is compliant, where it falls short, and tips to solidify it.
“We wanted to build a free tool that would be easy to use but provide immense value to any landlord, not just our customers,” said Harrison Stevens, vice president of marketing at TurboTenant.