Flyhomes Acquires AI Startup, Launches Home Search Portal

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 says gives it vastly more information than its competitors. Consumers can ask questions they would typically need a local real estate agent to answer and get nuanced responses. Buyers can ask open-ended questions like “Is this home a good deal compared to others in the neighborhood,” or “How is T-Mobile’s coverage in this home?” Flyhomes AI will compete with other real estate portal companies like…

RibbonCash Relaunched In Atlanta, Charlotte

Powerbuyer Ribbon, now owned by sale-leaseback platform EasyKnock, is reintroducing its all-cash offer product to Atlanta and Charlotte. RibbonCash offers temporary financing for cash offers, a powerful model during the housing boom that allowed it to expand to multiple states. But last year brought two rounds of serious staff cuts, with the company retaining only 30 employees by November 2022. It suspended new RibbonCash financing at that time as well. EasyKnock purchased Ribbon in May 2023, saying it would speed up the development of its buyer-seller marketplace, slated to launch later this year. The marketplace will connect sellers to both institutional and individual buyers, giving EasyKnock access to another sector of the housing market. It currently caters to existing homeowners.…