Flyhomes is betting that AI is the future of real estate, acquiring startup ZeroDown and launching a new home search portal. “Flyhomes AI” was developed over the last two years and brings “conversational” real estate search and research to the market. Its AI is trained on nearly 1,000 data points from different sources, which Flyhomes…
Cash offer fintech Flyhomes announced it is acquiring “buy before you sell” leader Home Sale Assured. Home Sale Assured, a platform owned by Innovative Holdings, LLC, is known for its Guaranteed Backup Contract, which allows homeowners to confidently purchase their next house before selling their own. Flyhomes will acquire the Home Sale Assured brand, and…
Real estate and mortgage brokerage Flyhomes announced two new executive hires. Andrea Collins and Dan Richards joined the company, which offers buying and selling services as well as in-house finances, as Chief Marketing Officer and Executive Vice President of Mortgage. Both will serve on the Flyhomes Executive Committee and report to co-founder and CEO Tushar…
Homebuyers who offered all cash won more bidding wars in 2021, making it the most effective strategy to beat out other buyers, according to a new Redfin report. Waiving the financing contingency and conducting a pre-inspection also increased potential buyers’ chances when facing off with other bidders, making them 31% and 25% more likely to…
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