Homebot Claims Grand Prize at 2018 Realogy FWD Innovation Summit
Technologies featured showcased the future of real estate agent technology
MADISON, N.J., Nov. 15, 2018 /PRNewswire/ -- From Realogy's global headquarters, ten up-and-coming companies yesterday presented their innovative technology products and services during the sixth annual Realogy FWD Innovation Summit. Following a series of live demonstrations in front of a panel of industry experts, the judges selected three finalists who then faced a vote from the audience of real estate influencers. Homebot emerged as winner of the grand prize, which includes a $25,000 cash prize and placement in the ZapStore, an innovative app and service marketplace that is directly integrated within Realogy's proprietary Zap® platform for its affiliated brokers and sales professionals.
Based in Denver, Colorado, Homebot is a dynamic financial dashboard that real estate agents and lenders can give to their clients, empowering them to make decisions that will help them realize the full financial value of their home. It identifies many key financial opportunities, including when to rent, buy or sell, or when to refinance or remodel.
"Homebot positions the real estate agent as the expert of real estate value, displays hundreds of thousands of alternative opportunities and delivers information in a user-friendly way," said Ernie Graham, co-founder and CEO, Homebot.
"FWD is one example of Realogy's efforts to help our affiliated real estate agents be more productive," Dave Gordon, Chief Technology Officer, Realogy. "Our continued significant investment in technology involves developing not only our own solutions but also partnering with innovative companies like those who during this competition demonstrated their future-forward products."
"All of these entrepreneurs here today are hardworking and passionate about working toward making the industry better by helping agents help consumers," Graham continued. "There are so many opportunities to drive improvements and deliver value throughout the entire homebuying process from lender partners, agents down through the consumer."
Companies selected as FWD medalists included first runner-up SHYFT, a company that provides software to customize the moving and relocation process, and second runner-up Disclosures.io, an offer and negotiation management platform from a company that envisions a future where real estate agents are empowered by technology.
More information about the participating companies is available at RealogyFWD.com, including a list of past winners and finalists. The event was livestreamed via Facebook Live, and a replay is available on Realogy's Facebook page.
About Realogy Holdings Corp.
Realogy Holdings Corp. (NYSE: RLGY) is the leading and most integrated provider of residential real estate services in the U.S. that is focused on empowering independent sales agents to best serve today's consumers. Realogy delivers its services through its well-known industry brands including Better Homes and Gardens® Real Estate, CENTURY 21®, Climb Real Estate®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran Group®, ERA®, Sotheby's International Realty® as well as NRT, Cartus®, Title Resource Group and ZapLabs®, an in-house innovation and technology development lab. Realogy's fully integrated business model includes brokerage, franchising, relocation, mortgage, and title and settlement services. Realogy provides independent sales agents access to leading technology, best-in-class marketing and learning programs, and support services to help them become more productive and build stronger businesses. Realogy's affiliated brokerages operate around the world with approximately 193,600 independent sales agents in the United States and approximately 106,400 independent sales agents in 112 other countries and territories. Realogy is headquartered in Madison, New Jersey.