CoStar Acquires Matterport
Andy Florence hit the center stage at the HousingWire Gathering in Scottsdale, Ariz yesterday morning. It was a packed house. If there is one thing that you can say about Andy Florence, when he and his leadership team commit to something, they go in 100%. Early this week, Matterport was trading at just under $1.4B.
When WAV Group worked with Matterport as a startup to launch into real estate so many years ago, we witnessed the awe of real estate professionals who immediately recognized the breakthrough innovation of the Matterport experience in real estate marketing.
If you recall your first Matterport experience, you surely witnessed true technology innovation. The ability to move through rooms, and understand space through the doll house animation delivers an online home viewing experience like no other.
With CoStar's massive domination of commercial real estate, rentals, and a top competitor in residential real estate portals, Matterport will be componentized into the marketing of all existing and proposed building structures.
The announcement caused Matterport stock to jump from $1.70 per share to nearly $5 on the release. Sadly, we had exited our positions in Matterport long ago as their stock price languished. The price surged the valuation of Matterport up over $1.4 billion this morning on the news release.
Press release follows:
Matterport, the Global Leader in 3D Digital Twins, to be Acquired by CoStar Group
The Transaction is Expected to Increase the Development and Deployment of Matterport's Advanced AI and Digital Twin Technology
SUNNYVALE, Calif., April 22, 2024 — Matterport, Inc. (NASDAQ: MTTR), the spatial data company leading the digital transformation of the built world, announced today that it has entered into a definitive agreement with CoStar Group, Inc., a leading provider of online real estate marketplaces, information and analytics in the property markets, pursuant to which CoStar Group will acquire all outstanding shares of Matterport in a cash and stock transaction valued at $5.50 per share, representing an equity value of approximately $2.1 billion and an enterprise value of approximately $1.6 billion based on the closing price for CoStar Group common stock on April 19, 2024. Under the terms and subject to the conditions of the agreement, which has been unanimously approved by Matterport's Board of Directors, Matterport stockholders will receive $2.75 in cash and $2.75 in shares of CoStar Group common stock for each share of Matterport common stock.
Founded in 2011, Matterport pioneered the development of the first 3D capture solution to deliver dimensionally accurate, photorealistic virtual tours or "digital twins" for any type of property. Matterport's proprietary and patented technology enables anyone to digitize a property using a variety of camera technologies including cameras found on most smartphones. Matterport also produces a line of innovative 3D capture devices, including the company's flagship LiDAR-based Pro3 camera which is capable of high-precision indoor and outdoor capture. At the center of the solution is Cortex, a powerful artificial intelligence software engine that automatically generates the 3D digital twin and virtual tour while providing property insights like detailed property dimensions, room layouts, and more.
Matterport's 3D technology is utilized in nearly every sector of real estate, spanning residential, commercial, hospitality, retail, and industrial spaces, among others. Over the years, Matterport has curated what is considered the largest and most precise collection of spatial property data worldwide, with over 12 million spaces captured in 177 countries, and representing more than 38 billion square feet of digital property under management. Contributing to this growth, Matterport has established a global network of several thousand photographers, capture services technicians, and service partners producing hundreds of thousands of new 3D digital twins for properties each month.
CoStar Group operates some of the most effective and widely recognized real estate information solutions and online property marketplaces in the world including Apartments.com, LoopNet, CoStar, and Homes.com, all of which feature Matterport's 3D virtual tours. CoStar Group was one of the first adopters of Matterport's technology, and currently has almost 300,000 Matterport digital twins available in the CoStar information product and online property marketplaces. Advertisers on CoStar Group marketplaces clearly recognize the value of Matterport virtual tours. In March 2024, there were over 7.4 million views of Matterport 3D Tours on Apartments.com, with consumers spending 20% more time viewing an apartment listing when Matterports were available. CoStar Group intends to utilize Matterport in a similar fashion on Homes.com to further enhance the most comprehensive agent, seller and buyer friendly residential portal on the market.
"CoStar Group and Matterport have nearly identical mission statements of digitizing the world's real estate. I look forward to welcoming Matterport to the CoStar Group family and believe that we will be stronger together, in pursuit of our common mission," said Andy Florance, Founder and CEO of CoStar Group. "The world has changed and today a Matterport is the new open house or property tour. People now select their next home, apartment, office, store, hotel, or warehouse on their mobile device often without ever visiting the property. There is no better way to remotely experience space than via Matterport. CoStar Group intends to support and invest in research and development opportunities to further develop Matterport's spatial technology, including the application of AI and machine learning to extract information from the 3D spatial data library as well as using generative artificial intelligence to imagine and reimagine physical spaces."
RJ Pittman, Chair and CEO of Matterport said, "We are thrilled to join forces with CoStar Group, a long-standing customer and partner with a shared vision for transforming global real estate through technology and digitization. This transaction is another significant milestone that acknowledges the groundbreaking work Matterport has accomplished in 3D digital twin technology and AI-driven property intelligence. With CoStar Group's expansive reach and scale in property research and analytics and our joint commitment to innovation, we believe that this powerful combination will transform how properties are marketed, sold, and managed worldwide. Importantly, it offers Matterport's stockholders the opportunity to participate in the value creation and future growth prospects of our combined efforts."
The transaction, which is expected to be completed during the year, is subject to the approval of Matterport stockholders and the satisfaction of customary closing conditions, including applicable regulatory approvals. Directors, Officers and certain other stockholders of Matterport, representing approximately 15% of Matterport's fully diluted shares, have entered into voting agreements to support the transaction. The transaction is subject to a 10% symmetrical collar based on a CoStar Group share price of $86.02 as the midpoint.
Qatalyst Partners is serving as financial advisor and Foley & Lardner LLP is serving as legal advisor to Matterport.
About Matterport
Matterport, Inc. (NASDAQ: MTTR) is the World's #1 Digital Twin Platform* leading the digital transformation of the built world. Our groundbreaking platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins.
©2024 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners. *Largest digital twin cloud hosted platform for the built world sq. ft. scanned. Data on file.
About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information, and analytics in the property markets. Founded in 1987, CoStar Group conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of real estate information. CoStar is the global leader in commercial real estate information, analytics, and news, enabling clients to analyze, interpret and gain unmatched insight on property values, market conditions and availabilities. Apartments.com is the leading online marketplace for renters seeking great apartment homes, providing property managers and owners a proven platform for marketing their properties. LoopNet is the most heavily trafficked online commercial real estate marketplace with over twelve million monthly global unique visitors. STR provides premium data benchmarking, analytics, and marketplace insights for the global hospitality industry. Ten-X offers a leading platform for conducting commercial real estate online auctions and negotiated bids. Homes.com is the fastest growing online residential marketplace that connects agents, buyers, and sellers. OnTheMarket is a leading residential property portal in the United Kingdom. BureauxLocaux is one of the largest specialized property portals for buying and leasing commercial real estate in France. Business Immo is France's leading commercial real estate news service. Thomas Daily is Germany's largest online data pool in the real estate industry. Belbex is the premier source of commercial space available to let and for sale in Spain. CoStar Group's websites attracted over 160 million unique monthly visitors in September 2023. Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S., Europe, Canada, and Asia.
To view the original article, visit the WAV Group blog.
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Articles
Real Estate Media Trends You Should Follow in 2023
As a real estate pro, staying ahead of the curve and being up-to-date on the latest industry trends are essential. This not only allows you to serve your clients better but also allows you to stay ahead of the competition.
The media landscape is constantly changing, and it can take time to keep up with the latest trends. However, following the industry trends is vital to stay on top of your game.
Here are the top six real estate media trends for 2023:
Virtual Reality Is More Favored
One of the significant technologies changing the real estate landscape today is Virtual Reality (VR). VR allows potential buyers to virtual tour a property and its location without physically visiting the space.
It also allows real estate developers to present complex projects in an immersive and realistic view. It is an excellent tool for real estate marketing. Realtors can create virtual tours of properties, making it convenient for potential buyers to view and ask questions about the property.
So remember to keep up with VR and its continuous helpful effect on the industry to continue to provide your clients with the best possible service.
Drone Footage Is Needed
Another hot trend in real estate media is drone footage. Drones offer a unique perspective that allows viewers to see properties in a whole new way.
3D mapping is becoming popular as time goes on. It uses images taken from a drone to create highly accurate 3D models of buildings, landscapes, or objects that are not visible from ground level due to their height. Drones are an effective tool for real estate marketers. Given the demand for exceptional real estate photography and detailed property listings, this trend will be around for a while.
Social Media Will Remain a Powerful Tool
Social media is a powerful marketing tool in the real estate industry. Real estate professionals use social media to increase awareness, educate potential buyers, and generate leads. It is also a great way to connect with people in your community. Social media platforms like Facebook, Instagram, and Twitter can be used to share information about events, news articles, or pictures of your listings.
Get on TikTok
TikTok is one of the practical marketing tools that can assist agents and brokers in reaching a larger audience and increasing their conversion rate. It enables you to present your listings and services to instantly catch homebuyers' attention.
The app has become a popular app for real estate. TikTok's true power stems from its relative simplicity. You can create lead-generating material that indicates your authority on the subject and help position you as the go-to real estate professional in your community with a few clicks using the information you already have.
Harnessing the Power of Email
Email marketing is becoming a necessity in this day and age. More than an online presence is needed; you also need a sound customer relationship management system. This means that you need to send out newsletters regularly. Real estate pros need to send out more marketing emails to reach your business goals and connect with your target audience. You're busy seeking new homeowners for your properties; automated email marketing campaigns deliver the appropriate message directly to them.
Real estate email marketing used correctly, can help you reach more clients and close more deals.
Prioritize SEO
SEO is a crucial part of marketing strategy for the growth of a real estate business. Building a solid online presence can help differentiate your company from the competition and grow your business.
Search engine optimization (SEO) is optimizing a website to rank higher in search engine results pages (SERPs). This process includes on-page factors such as page load speed, content relevance, title tags, and keyword density. There are many things to consider regarding SEO and real estate. The keywords that you use on your website, the content you post, your design, and how often you update your pages all impact how well your website ranks in search engines.
The most important thing to remember about SEO is that it's not something you do once and forget about later. It's a process that requires constant attention and care if you want to see results.
To Wrap Things Up
Real estate media trends are changing rapidly, and agents need to keep up with these changes. With the emergence of new media technology, agents and brokers can reach a wider audience and increase their lead generation. In recent years, online platforms such as social media, blogs, and websites have provided agents with the necessary solutions for marketing their businesses.
Following these trends will improve your real estate business, whether you try them yourself or get in touch with experts to help you stay on track.
To view the original article, visit the Realtyna blog.
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Why Brokers Invest in 360 Virtual Tours for Real Estate
Pascal Pierre--licencee of LJ Hooker in Helensvale, QLD, Australia--has a proven track record of success and is a member of the Captain's Club Multi-Million Dollar Chapter. That means he is in the top 7% of LJ Hooker agents internationally!
Learn why he loves to use virtual tours for real estate in his business in this video:
He is currently selling a multi-million dollar mansion and a virtual tour is a must in his marketing package. Have a look here:
Customers First
"I think 360° virtual house tours are another dimension that's been added for the consumers," says Pierre. "For us, it's all about our consumers, our customers, and what they want, and in the day and age that we are in now, we're selling more and more properties from people who are time poor, people who are interstate, especially on the Gold Coast, who can't necessarily just drop everything and come to an inspection."
Property Functionality Preview
"What the virtual tour does is pretty much walk through the house and see bits and pieces that they otherwise would not see through a video, things that are important to people," says Pierre. "For example, pantries, walk in robes—which on a normal property video or a shoot, we wouldn't take photos of those. Yet, when you've got a virtual tour, you can walk through all of those things and there are questions that, when you're walking through a home and you're looking at the functionality of the home, there are important things will hinge decisions on because of the practicality of living there."
Save Time on Driving Back and Forth
"There are people who would like to come through the home and do a couple of inspections, but with the virtual tour, they can go back as many times as they like, and it allows them to go back through bits and pieces that they're not sure of, rather than having to call the agent, book another inspection, go back out there. For what it is and how much it costs us to do it, it's an absolute no-brainer in terms of the technology of the future, and everybody likes that," says Pierre.
Customer Expectations and Convenience
"Whether we like it or not, consumers have now gotten to the point with technology that they want things yesterday," says Pierre. "What this allows them to do is go, 'Ah, I want to go and see this, but I'd have to call the agent, book an inspection.' Now, they can just get on their phone and they revisit the home anytime.
"Whether you're in the LJ Hooker family, or you're not, in my opinion, if you're working in real estate, you need to be using all of the tools that you can possibly use to help your clients, and for me, this is one of those that, back in the day, we'd discuss floor plans, and once floor plans came in, we can't live without them. I think this is probably the next one."
To view the original article, visit the Virtual Tours Creator blog.
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Products
RealtyWebTours.com
Real estate agents and brokers, with monthly subscriptions to RealtyWebTours.com, will receive unlimited listings, unlimited photos, professional designs, and easy-to-use solutions. The products included in this subscription include Virtual Tours, Property Websites, and PicturePath Tours. Virtual Tours With RealtyWebTours.com virtual tours, you can provide unlimited details, photos, maps, community information, lead capture, music, narration and more. Branded and non-branded versions are available so you can post your tours anywhere. Property Websites As with RealtyWebTours.com virtual tours, their property websites allow you to provide unlimited details, photos, maps, and community information. But websites also offer lead capture to reach potential buyers. All websites have Craigslist-compatible code, so that you can post professional-looking ads on Craigslist and link directly to your website. The system tracks each marketing channel so you can determine where your dollars are best spent. Sites are search engine-friendly to maximize your visibility online. PicturePath RealtyWebTours.com is an approved PicturePath vendor.
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Real estate agents and brokers, with monthly subscriptions to RealtyWebTours.com, will receive unlimited listings, unlimited photos, professional designs, and easy-to-use solutions. The products included in this subscription include Virtual Tours, Property Websites, and PicturePath Tours. Virtual Tours With RealtyWebTours.com virtual tours, you can provide unlimited details, photos, maps, community information, lead capture, music, narration and more. Branded and non-branded versions are available so you can post your tours anywhere. Property Websites As with RealtyWebTours.com virtual tours, their property websites allow you to provide unlimited details, photos, maps, and community information. But websites also offer lead capture to reach potential buyers. All websites have Craigslist-compatible code, so that you can post professional-looking ads on Craigslist and link directly to your website. The system tracks each marketing channel so you can determine where your dollars are best spent. Sites are search engine-friendly to maximize your visibility online. PicturePath RealtyWebTours.com is an approved PicturePath vendor.
Virtual Tours by RealtyTech
RealtyTech provides a virtual tour solution to real estate professionals. Virtual tours give agents a way to showcase their listing properties and display photos of a property as well as their contact information and basic property details. RealtyTech's Show Editor interface provides agents with instant feedback on changes, so that they spend little time creating a presentation. RealtyTech claims that most report finishing a commercial in less than five minutes. Features of this service include: Creates Tours in minutes Email tours to clients Automatically added to the agent's website Agents can add a Virtual Tours Gallery to their website to show all their active and sold listings Agents can add their MLS Compliant Tours to their MLS and Realtor.com With this virtual tour service agents can upload their own digital photos to create their virtual tour.
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RealtyTech provides a virtual tour solution to real estate professionals. Virtual tours give agents a way to showcase their listing properties and display photos of a property as well as their contact information and basic property details. RealtyTech's Show Editor interface provides agents with instant feedback on changes, so that they spend little time creating a presentation. RealtyTech claims that most report finishing a commercial in less than five minutes. Features of this service include: Creates Tours in minutes Email tours to clients Automatically added to the agent's website Agents can add a Virtual Tours Gallery to their website to show all their active and sold listings Agents can add their MLS Compliant Tours to their MLS and Realtor.com With this virtual tour service agents can upload their own digital photos to create their virtual tour.
Interactive Photo Tours with Video
FloorPlanOnline.com offers Interactive Photo Tours with Video services for agents to promote and market their property in an attractive way. A user sends FloorPlanOnline their photos and then FloorPlanOnline will do the rest. This online service will provide the user with a comprehensive photo tour of the property featuring a Virtual WalkThru™ Video, complete with selectable music, editable photo transitions and text. The tour with the video can be linked to any website and it can also be embedded into a website. The user can set it to play automatically or make it available for the user to select the play button. There are three different sizes of the embeddable video area also available, depending on how large a space you would like to make on your website for this feature. Features include: Thumbnail photo gallery Virtual WalkThru™ video Printable flyer Area map with satellite view Email tour via Send Link Contact you More info links to any URL Unique tour website address Branded and unbranded links Download tour and burn to CD Link to Realtor.com and other sites Share and Bookmark to Facebook, Twitter, Linkedin and many other social media sites Tour hosting for the first year included Mobile site viewable on most mobile enabled smart phones Embeddable video widget that can be embedded into your blog or property details page
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FloorPlanOnline.com offers Interactive Photo Tours with Video services for agents to promote and market their property in an attractive way. A user sends FloorPlanOnline their photos and then FloorPlanOnline will do the rest. This online service will provide the user with a comprehensive photo tour of the property featuring a Virtual WalkThru™ Video, complete with selectable music, editable photo transitions and text. The tour with the video can be linked to any website and it can also be embedded into a website. The user can set it to play automatically or make it available for the user to select the play button. There are three different sizes of the embeddable video area also available, depending on how large a space you would like to make on your website for this feature. Features include: Thumbnail photo gallery Virtual WalkThru™ video Printable flyer Area map with satellite view Email tour via Send Link Contact you More info links to any URL Unique tour website address Branded and unbranded links Download tour and burn to CD Link to Realtor.com and other sites Share and Bookmark to Facebook, Twitter, Linkedin and many other social media sites Tour hosting for the first year included Mobile site viewable on most mobile enabled smart phones Embeddable video widget that can be embedded into your blog or property details page
Interactive Floor Plan Tours with Video
FloorPlanOnline.com offers Interactive Floor Plan Tours with Video to agents. They provide a comprehensive property tour by featuring photos with the floor plan. Video with music is also included. With this FloorPlanOnline.com product, homebuyers will avoid guessing which photo goes with which room. Users can see the flow of a home from a computer 24/7. The tour gets linked to the agent’s website, MLS and REALTOR.com. The Floor Plan and Video can also be embedded into an agent’s website with a simple copy/paste function. With Interactive Floor Plan Tours with Video, users get buyers coming to your site with a variety of featured content like photos, floor plans and videos. Each tour includes the Virtual WalkThru™ Video, complete with music, editable transitions and the ability to add text on each video frame! FloorPlanOnline will either clean-up an existing floor plan sketch, or create one from scratch using an Authorized Service Provider. If the agent would rather make the floor plan yourself, they offer the technology and support to assist you. Standard Tour Features Include: Online FloorPlan with Photos—works on most browsers, including mobile devices Virtual WalkThru™ Video Printable FloorPlan Printable Flyer Area Map with satellite view Email tour via Send Link Contact You More Info links to any URL Share and Bookmark to Facebook, Twitter, Linkedin and many other social media sites Unique Tour website address with ability to upgrade to street address of property Branded and Unbranded links Download tour and burn to CD Link to REALTOR.com and other sites Mobile site viewable on most mobile enabled smartphones Comprehensive tour reporting for hits, visitors, referring sites, location of viewers Embeddable Floor Plan Tour widget so you can add the tour to your blog or property detail page
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FloorPlanOnline.com offers Interactive Floor Plan Tours with Video to agents. They provide a comprehensive property tour by featuring photos with the floor plan. Video with music is also included. With this FloorPlanOnline.com product, homebuyers will avoid guessing which photo goes with which room. Users can see the flow of a home from a computer 24/7. The tour gets linked to the agent’s website, MLS and REALTOR.com. The Floor Plan and Video can also be embedded into an agent’s website with a simple copy/paste function. With Interactive Floor Plan Tours with Video, users get buyers coming to your site with a variety of featured content like photos, floor plans and videos. Each tour includes the Virtual WalkThru™ Video, complete with music, editable transitions and the ability to add text on each video frame! FloorPlanOnline will either clean-up an existing floor plan sketch, or create one from scratch using an Authorized Service Provider. If the agent would rather make the floor plan yourself, they offer the technology and support to assist you. Standard Tour Features Include: Online FloorPlan with Photos—works on most browsers, including mobile devices Virtual WalkThru™ Video Printable FloorPlan Printable Flyer Area Map with satellite view Email tour via Send Link Contact You More Info links to any URL Share and Bookmark to Facebook, Twitter, Linkedin and many other social media sites Unique Tour website address with ability to upgrade to street address of property Branded and Unbranded links Download tour and burn to CD Link to REALTOR.com and other sites Mobile site viewable on most mobile enabled smartphones Comprehensive tour reporting for hits, visitors, referring sites, location of viewers Embeddable Floor Plan Tour widget so you can add the tour to your blog or property detail page
Industry News
BoxBrownie.com Joins LeadingRE's Solutions Group Program
BoxBrownie.com provides visual property marketing.
CHICAGO – Leading Real Estate Companies of the World® welcomes BoxBrownie.com to its Solutions Group program of preferred business resources for its global network of 550 market-leading real estate firms. BoxBrownie.com offers high-quality image editing services, including virtual staging and renovation, floor plan redraws, and 360 image enhancement.
BoxBrownie.com provides an efficient and affordable photo-editing platform that empowers real estate professionals to enhance property marketing with images, floorplans, virtual tours, and more. These tools allow agents to save time and focus on core tasks for success in real estate.
According to LeadingRE Vice President, Sales/ Partnerships Jeff Kennedy, "BoxBrownie.com's expertise in image editing and marketing is a game-changer for real estate professionals. Their services, from virtual staging and renovation to 360 virtual tours, can save agents both time and money and position listings in the best possible way."
"BoxBrownie.com's relationship with LeadingRE is built on a shared vision to empower agents worldwide with advanced tools and services that are essential for thriving in the real estate industry. We're thrilled to be entering this relationship; it represents our continued commitment to providing innovative and streamlined solutions that assist industry professionals to stand out in a competitive market," said Mel Myers, BoxBrownie.com co-founder and CEO.
Learn more about BoxBrownie.com.
Learn more about Leading Real Estate Companies of the World® at LeadingRE.com.
About BoxBrownie.com
Online Proptech company, BoxBrownie.com is an industry leader in visual property marketing, providing lead-generating products to real estate and building industry professionals worldwide. Founded on innovation and driven by the latest technology, they offer a wide range of high-quality image editing services designed to showcase any property to its full potential.
About Leading Real Estate Companies of the World®
Chicago-based Leading Real Estate Companies of the World® (LeadingRE.com) is a global network of top independent real estate firms, with 550 companies and 138,000 sales associates in over 70 countries. LeadingRE supports its members with powerful connections to other market leaders and access to innovative, performance-driven programs. LeadingRE is also active in commercial real estate, with over 200 firms in 20 countries specializing in the commercial arena.
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RESAAS Enters Real Estate Developer Sector through Partnership with IMAGIN Images
VANCOUVER, BC, May 11, 2023 - RESAAS Services Inc., a leading provider of technology solutions for the real estate industry, has announced a partnership with IMAGIN Images.
IMAGIN Images is an award-winning 3D rendering technology used by leading real estate developers globally, with a particularly strong presence in Los Angeles, Miami, Toronto, and Vancouver, Canada. IMAGIN's high-quality rendering technology and leading-edge "Superfly™" virtual experience produces the most true-to-life animations for real estate developers.
"In today's real estate market, unique real estate data gathered by RESAAS shows increased appetite for new real estate developments and pre-construction projects," said Tom Rossiter, CEO of RESAAS. "As a true platform for the entire real estate industry, RESAAS has proactively selected IMAGIN Images as our partner to welcome Real Estate Development companies as customers. IMAGIN's 3D renderings provide unparalleled levels of quality; a level of detail demanded by the luxury real estate sector that RESAAS has an extremely strong presence in."
IMAGIN Images is the only rendering company that brings 3D technology from video game engines to the world of real estate.
Under the terms of the one-year agreement signed on May 8, 2023, RESAAS will generate revenue from referral fees paid by IMAGIN Images for each new and returning customer it provides introductions to.
About RESAAS Services Inc.
RESAAS is an award-winning global technology platform for the real estate industry. With over 500,000 real estate agents utilizing RESAAS in 160 countries, RESAAS enables real-time industry communication, delivers new business opportunities and captures unique real estate data. Some of real estate's biggest brands leverage RESAAS to provide business intelligence to real estate brokerages, franchises and associations. For more information, please visit www.resaas.com.
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Companies
VirtualTourCafe
VirtualTourCafe embarked on a journey to completely redesign and redevelop the online software to meet the needs of today’s real estate industry as well as the new “Web 3.0” graphical and responsive designed websites. Eight thousand hours of developing later, VirtualTourCafe 3.0 was launched on June 1 st , 2016. The new and improved service offers many new features and benefits for the real estate agent, but more importantly positions VirtualTourCafe for the future! The VirtualTourCafe difference: An integrated easy-to-use modern solution for every real estate agent! Today we are still a small but growing company based in Pleasanton, CA with a small staff and lots of help from our friends, family and business partners. We work with independent contractors, photographers and virtual partners around the world. We are proud of what we have accomplished in such a short time with loyal customers who have been with us from the beginning! We have been able to maintain our values and moral compass pointed in the right direction, while always treating our customers, employees and associates as if they are family, and living life full of love and gratitude, one day at a
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Floorplanner
Need a floorplan?
Floorplanner is the easiest and best looking way to create and share interactive floor plans online. With simple drag and drop tools you can make accurate plans within minutes all on scale. Floorplanner BASIC is free for personal use. Our PLUS account offers more space if you need it.
House for sale? Make it stand out!
Home buyers are significantly more interested in listings with floor plans. Floorplanner PRO gives you the tools to make your properties stand above the crowd. Create great images for your brochures or embed floor plans seamless within your website or other portals.
Your very own designtool
Turn your website into a design tool with Floorplanner BUSINESS. Add a branded planner to your site that features your own products. Your customers and sales team will appreciate a tool that allows them to quickly plan their spaces and get accurate quotes.
Integrate, automate & extend
Floorplanner is a flexible platform that can be integrated within other websites or online products. With Floorplanner ENTERPRISE you have acces to our API’s that allow you to customize and extend Floorplanner to fit your needs.
Get results within minutes
Floorplanner is easy to work with, create your account and get started right away. You will have your first plan created in no time. Not sure how to begin? Start with our online tutorial or watch this movie
No software, no worries!
You work right within your browser. No need to install software, plug-ins or upgrades. Floorplanner is constantly being improved upon and brought value to over 2 million registered users and thousands of professionals worldwide. Read here what our users are saying about us.
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VirtuallyShow
VirtuallyShow.com is a Real Estate Virtual Tour website servicing real estate agents around the globe. They offer agents an easy to use online virtual tour creation system to create virtual tours with advanced features including internet marketing, high definition virtual tours, panoramas, narration, floor plans, photos, traffic reports, custom branding, videos and more. VirtuallyShow offers Agents a 15 day Free Trial with no obligation, no credit card and no set up fee. VirtuallyShow also offers Broker/Company accounts with a centralized login to manage multiple agents.
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CPG Tours
CPG Tours is an online service that allows you to easily create your own virtual tours, using your own photos, in a matter of minutes.
Use this code to receive unlimited tours for only $10 per month: RETECH1
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Webinars
[VIDEO] Growing the real estate client relationship: Connecting opportunity, community and reality capture
By now, most real estate agents and brokerages know what a 3D virtual tour is. They've likely either captured their own listings with a technology like Matterport or at least walked through a virtual tour online.
But did you know that there are more opportunities for drumming up new real estate business with 3D tours than just scanning new listings?
In a recent webinar, we explored how real estate agents and brokerages are strengthening their community ties (and passively earning business) by capturing local spaces like breweries, churches, schools, recreational facilities, and beyond.
Watch the recording to learn how real estate professionals are broadening their reach with their innovative uses of Matterport 3D reality capture.
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WATCH: Win Over Sellers and Close More Listings with This Tech Tool
From wowing sellers during listing presentations, to increasing sight-unseen offers, to increasing your speed to market, there's a marketing technology that can turbocharge essential aspects of your business.
We're talking about 3D virtual tours--and during a recent webinar, we took an exhaustive look at all they have to offer. We were joined by representatives from Amy Kite Realty, who gave us first-hand insight into how their business is winning new clients and closing deals faster, thanks to Matterport.
If you missed the webinar, no worries. We recorded it for you! Check out the video (and our notes) below:
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