Latest Trends and Insights in Real Estate Technology

Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.

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  • MIT Sloan suggests emerging economies crowdsource market information

    PlaceTech.

    Sound decision-making requires access to timely and accurate market information, yet this information is often limited for informal market participants like farmers and traders in the developing world. Studying how to improve the economics and digitisation of large informal markets, MIT Sloan School of Management Prof Joann de Zegher suggests that crowdsourcing price information from market participants through a carefully-designed information-sharing platform can improve decision-making and inc…

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  • Cushman & Wakefield CEO Warns CoStar After Ten-X Buy: ‘The Industry At Some Point Will Respond

    Bisnow

    Cushman & Wakefield CEO Brett White, speaking Wednesday on Walker & Dunlop’s Walker Webcast, expressed concerns that CoStar is positioning itself as a competitor to its largest clients, and he said he expects brokerages will consider an alternative to the data giant. CoStar founder and CEO Andy Florance responded Thursday in an interview with Bisnow, saying his company doesn’t intend to compete with brokerage firms.

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  • Knotel’s 2019 Financials Show $223 Million in Losses

    The Real Deal

    Flexible-office provider Knotel lost $223 million last year — even before coronavirus flipped the office market on its head. Company financials, obtained by Business Insider, reveal the startup lost $49 million during the first quarter, ending the period with $36 million in cash on hand. At the time, it reported total assets of $110 million, less than half its total liabilities of $238 million, including $84 million in accounts payable.

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  • Proxyclick Launches Touchless Check-in to Help Enterprises Create a Safe and Secure Workplace Post-COVID-19

    PR Newswire

    Proxyclick, the leading global provider of enterprise visitor management software, today launched “Touchless Check-in” to provide enterprises with a contactless check-in solution at the front desk for every step of the visitor journey. “Visibility into who is entering or leaving your premises has become more critical than ever during this global crisis,” said Gregory Blondeau, Founder and CEO of Proxyclick. “Companies are realizing that understanding who’s potentially come into contact with the …

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  • WATCH NOW: Scott Rechler, Leadership During and Post COVID-19

    CBRE

    As part of the CBRE Virtual Lunch & Learn Series, hear from Scott Rechler, CEO and Chairman of RXR Realty on Leadership During and Post COVID-19.

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  • The Five Levels of Remote Work — and why you’re probably at Level 2

    Medium

    COVID-19 has forced companies the world over to enact — or create — remote working protocols. The likes of Box, Amazon, Airbnb, Facebook, Google and Microsoft have all told their employees some variation of “work from home”. But so too are more traditional organisations across fields such as real estate, accounting and local government.

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  • JLL names chief data officer

    PlaceTech.

    The global real estate adviser has added to its fledgling JLL Technologies division created last autumn with the hire of Yao Morin in the new role. Morin, based in San Francisco, will lead JLL’s global data strategy, product roadmap and delivery. JLL Technologies is a division of JLL unifying the company’s technology, businesses, services and applications.

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  • COVID-19 Acts as Catalyst to Propel Self-Serve Solutions

    GlobeSt

    he COVID-19 pandemic continues to drive an increase contactless solutions throughout the industry. As many states phase out of shelter-in-place restrictions, companies are increasingly shifting to the ‘new normal’ through innovative, implemented practices.

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  • Compass’ hunt for a securities attorney reignites talk of IPO

    The Real Deal

    Compass is beefing up its in-house legal team and seeking expertise a public company would require. A new job posting reveals that the brokerage is seeking a securities lawyer who specializes in meeting U.S. Securities and Exchange Commission and stock exchange reporting and compliance requirements, Inman reported.

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  • In Case You Missed it, Read the Highlights from CREtech Talks: Emerging Trends in Construction Technology

    Lauren

    The construction tech sector has been on a rapid path of growth over the past several years. The biggest challenge the industry faces is adoption of new innovation and best practices. However, today’s leaders are rethinking their path towards a more efficient tech first strategy and their willingness-to-adopt technology in construction is increasing. In a recent CREtech Talks: Emerging Trends in Construction Technology, five of the most innovative leaders in construction real estate, Daniel F…

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