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NAR Signs an Agreement with Crexi

Monday, November 09,2020

FREMONT, CA – The National Association of Realtors (NAR) signed an agreement with the Commercial Real Estate Exchange Inc., also known as Crexi. According to the agreement, Crexi will incorporate its data into Realtors Property Resource, a database for residential and commercial realtors. The announcement came after a year and a half since the NAR’s commercial technology partner Xceligent shut down its operations. NAR is the most prominent trade association in the United States. Its members comprise of more than 1.3 million real estate agents from all across the country, including residential and commercial brokers, salespeople, property managers, appraisers, and consultants, among others. Crexi is a venture-backed company based in Marina Del Rey, California. It was founded by Michael DeGiorgio in 2015, who also serves as its CEO. The very next year after its launch, the company opened a new office in Miami. It has over 90,000 commercial property listings. Till date, Crexi has facilitated deals worth more than $450 billion in property value. The integration of Crexi’s database with the Realtors Property Resource will assist the realtors significantly. The alliance is crucial in the age of evolving technology. The innovative commercial listings of Crexi are aggregated from the data collected from different sources. The integration of data will create the necessary exposure required for the NAR member listings. Crexi has also agreed to deliver their premium services to NAR members at an exclusive discount. NAR’s councils, institutes, and societies have contributed to the different facets of residential and commercial real estate industries in the United States. The driving purpose of NAR is to assist its members in becoming more successful and profitable by leveraging its resources. It strives to be the leading force in shaping and influencing the real estate industry. The association is a leading advocate in matters of owning, using, and transferring real estate property. It is acknowledged as a recognized developer of standards for efficient, effective, and ethical real estate business practices. It also facilitates professional development, research, and exchange of information among its members, the public, and the government. Real estate agents across the United States utilize the services offered by the organization to drive their success. ...Read more
FREMONT, CA: Intel announces acquisition of Ascending Technologies, a German drone maker and manufacturer of autopilot systems, Unmanned Aircraft Systems (UAS) and multi-rotor technology. The acquisition integrates Intel’s processors & RealSense imaging technology with Ascending’s auto-pilot software, reports Natalie Gagliordi for ZDNet. Intel’s RealSense camera is a combination of hardware and software that allows drones to sense the images, avoid obstacles around it and captures 3D information. The auto-pilot software uses a low level protocol for AscTec Research UAVs which gives the drones a sense-and-avoid system. Ascending technologies continues to support the current customers in developing  UAV (Unmanned Aerial Vehicle) technology  with Intel’s Perceptual Computing team regardless of the acquisition. The acquisition benefits Intel to make more investments in newer areas of technology beyond basic PC and helps fast growing drone market segments. "Intel is positioning itself at the forefront of this opportunity to increasingly integrate the computing, communications, sensor and  cloud technology  required to make drones smarter and more connected," says Josh Walden, SVP and GM of Intel's New Technology Group. ...Read more
In the new world of voice-activated digital assistants, real estate as a vertical for voice technology is dramatically evolving.    Realogy, the leading and most integrated provider of residential real estate services, rolls out Agent X, an advanced real estate-focused Alexa Skill. The new voice platform gives instant, voice-driven access to an excellent portfolio of productivity and coaching tools – from listings and client presentations to productivity and goals tracking, to a digest that includes a briefing of the agent's day ahead, top industry headlines and more. Agent X allows access to an extensive amount of information, including personalized presentation of the listing activity and appointments, property details by address, create appointments, and get meeting details. Agent X, exclusively for Realogy affiliated agents, provides a flexible user interface via an Alexa device or through the Alexa app (available for iOS and Android). A conversational agent promises to be one of the most significant technological developments of the modern age, but only a small number of real estate agents have any clue why it should matter to them. The technology is still growing and soon will become the standard for online searches globally. As voice technology adoption continues to accelerate, Realogy is setting themselves as an example of how to use voice as a powerful business tool. The company focus on arming affiliated agents with high technology to help them best serve consumers. Its approach to voice technology is creating an open environment that enables them to access tools where and how users want. Realogy's goal is to enlighten real estate professionals and empower communities by delivering exceptional brands, support, and service through the quality and integrity of its people. The company's fully integrated business model includes brokerage, relocation, mortgage, and title and settlement services. It also offers independent sales agents access to leading technology, best-in-class marketing, and learning programs, and services to help them become more productive and grow businesses.  Check Out:  Real Estate Business Review ...Read more
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