It’s up to MLSs to decide if the Zillow-ChatGPT integration violates IDX policies
The National Association of Realtors (NAR) said individual MLSs must determine whether Zillow’s ChatGPT integration complies with IDX rules. NAR emphasized evaluating data control and disclosure requirements while affirming that MLS data display on mobile apps is permitted. Zillow maintains its integration follows regulations and enhances listing visibility through responsible AI innovation.
CoStar disputes Zillow announcement, says clients can share Matterport tours on Zillow
Matterport refuted Zillow’s claim that CoStar ended their API agreement and changed media terms, calling Zillow’s statements “intentional misrepresentations.” In a letter to clients, Matterport said users can still share 3D Spaces anywhere, including Zillow, and that Zillow’s removal decision was unilateral and misleading amid its ongoing legal challenges.
eXp Realty launches AI assistant ‘Mira,’ AI training program
eXp Realty unveiled Mira, an AI assistant for real-time business insights, and announced an eight-week AI training program for agents. These initiatives represent a significant shift towards AI integration in real estate, with CEO Leo Pareja highlighting the importance of using technology to free up time for human interactions and expertise in a challenging market.
Truework’s Ethan Winchell on creating a better VOIE process
Ethan Winchell, co-founder of Truework, shares insights on how his company is transforming the verification of income and employment, one of the top challenges for the mortgage industry, by reducing costs and leveraging technology.
UWM announces three new broker tools at AIME Fuse
United Wholesale Mortgage has introduced three new tools to assist independent mortgage brokers in streamlining loan processing and enhancing marketing efforts. The tools are designed to improve workflow efficiency and provide brokers with more control.
Mortgage leaders on embracing consolidation and AI innovation
At the Mortgage Bankers Association convention, industry leaders discussed the impact of artificial intelligence and consolidation on the industry. They emphasized the importance of technological adaptation for future competitiveness.
Compass launches Buyer Demand tool to help agents price homes
Compass continues to invest in agent-empowering technology with its new Buyer Demand feature. This tool joins other Compass platform features like Business Tracker and Reverse Prospecting, enhancing agents’ ability to provide informed, up-to-date guidance to home sellers in a rapidly changing market.
Propy leans on acquisitions, AI to ‘modernize’ title
Propy aims to acquire 10 title firms valued at $10 million each, targeting companies with $5 million to $50 million in revenue in California, Texas and Florida. The proptech firm plans to reach a $1 billion valuation within 18 months through these acquisitions, accelerating its previous five-year organic growth projection.