Tech Bytes: News from FMLS, Revive, CubiCasa, more 

Editor's note: Technology is a driving force in real estate. From startups to established players, tech companies are constantly innovating, growing and forging partnerships. Here we highlight some of the latest news about the companies that help power the industry. 

FMLS teams with CoreLogic, Restb.ai on full AI suite of tools

First Multiple Listing Service (FMLS) in Georgia will provide access to the complete package of CoreLogic's generative AI tools to its 57,000 subscribers by the end of the year, the company announced.

"FMLS is bringing the best that AI has to offer to the real estate industry," said Jeremy Crawford, FMLS president and CEO. "We are setting a new standard of tech excellence as we deliver the full Restb.ai Artificial Intelligence Platform through our CoreLogic solutions to dramatically improve the daily work lives of our agents, brokers, and ultimately, their buyers and sellers." 

FMLS subscribers will access the Restb.ai services through the MLS's existing CoreLogic Matrix platform and CoreLogic OneHome client collaboration portal.

Restb.ai's generative AI pulls data from property photos to generate captions and add alt-text tags to comply with ADA requirements, as well as produce multiple property descriptions for agents to choose from.

On the consumer side, homebuyers will be able to upload a photo in OneHome and search for listings with those features.

Productive.ai wins NAR's Pitch Battle, but ListAssist is 'Crowd Favorite'

Productive.ai won the fifth annual NAR  "Pitch Battle" competition at the 2023 Innovation, Opportunity & Investment (iOi) Summit for a tool to help agents gather and organize data from telephone calls.

Hosted by NAR's strategic investment arm, Second Century Ventures, the competition is a showcase for new tools and tech. As the winner, Productive.ai gets $15,000 and a booth at NAR's national conference.

The San Mateo, California-based startup won the top prize for its AI-powered tool that automatically creates notes, summaries, tasks, events and CRM logging from phone calls.

ListAssist, an AI-focused business that works with websites and portals to assign a match score for every property on the market, won the competition's "Crowd Favorite" based on audience votes.

Productive.ai COO Joseph Wihbey said the platform builds on relationships. 

"You didn't build your business on automation of tasks. You built it on you and your relationships," Wihbey said. "Imagine if AI could enhance you in your relationships. Imagine if it could enhance your voice."

Enhancing client relationships is also the key element of ListAssist's tool, Co-founder Chris McGoldrick said.

"We're only serving [consumers] the homes they want and love," he said. "We're building a connection — and that is a superpower."

Revive launches tool to calculate ROI on renovations

Pre-sale renovation company Revive has announced a new AI tool to help agents calculate and share the ROI on home upgrades.

"Agents are the powerhouse of the real estate industry, and sellers expect them to be knowledgeable on all things real estate," said Revive's CEO and Co-founder Michael Alladawi. "Revive Vision AI is an easy way for real estate professionals to present more detailed and accurate information to their clients in a digestible, easy-to-understand way." 

The tool, currently in beta testing, provides current condition value, future after-remodeled value as well as home value potential scores. The platform generates a report on investment insights and recommended renovations based on photos of a property.

RE/MAX gives CubiCasa seal of approval

RE/MAX has added digital floor plan creation company CubiCasa to its Approved Supplier Program.

"CubiCasa is thrilled to join forces with RE/MAX in empowering the RE/MAX network with the essential tools to excel in their business," said CubiCasa President Jeff Allen. "Our mission of making floor plans an integral part of every listing aligns perfectly with RE/MAX's commitment to offering the best possible service to its network of agents."

As part of the Approved Supplier Program, CubiCasa will provide RE/MAX agents a free trial period and access to a directory of photographers working with the software.

New construction proptech launches in South Florida

DASH, a new platform to provide real estate agents information on pre-construction and new construction properties, has launched its pilot program in South Florida.

DASH, described as a collaboration with developers, brokerages and agents, plans to expand into the nation's top 10 markets within the next 30 months.

"In today's rapidly changing markets, particularly in regions experiencing soaring demand like South Florida, it is more important than ever for agents to have access to reliable information," said DASH founder and CEO Len Dugow. 

Clear Capital, LenderX team up for automated appraisal review program

Lenders using LenderX's platform will now have access to Clear Capital's automated underwriting risk analyzer.

LenderX is the first partner to provide lenders access to Clear Capital's AURA tool.

AURA gives lenders a report on the possible risks of an appraisal, including if the system believes a property is over or undervalued.

"This partnership with Clear Capital is part of our ongoing efforts to provide our lender customers with access to the best valuation solutions and products in the industry," said Randy Favero, CEO of LenderX. "Direct integrations such as AURA equip our customers with market-leading solutions today, and position them for the appraisal and valuation modernization changes being implemented by the agencies."

Clear Capital CEO Duane Andrews said the tool will speed up appraisals and give buyers peace of mind.

"With the data and analysis AURA provides, lenders will be able to significantly reduce the amount of time spent in the appraisal review process, and homebuyers can feel more secure in their understanding of what a property is worth," Andrews said.