Revive elevates AI platform; Rayse inks deal with Momentum MLS 

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. 

Revive upgrades AI platform to show home value potential

Revive has rolled out upgrades to Revive AI, its AI-driven platform designed to help real estate agents show homeowners how renovations and property condition may affect resale value.

The updated platform combines valuation data, local market insights, home condition analysis, renovation estimates and financial modeling into a single workflow, the company said. New features include Smart Value Comparison, which aggregates automated home value estimates from multiple sources, and expanded local market insights aimed at helping agents explain neighborhood trends and buyer expectations.

Revive AI now includes room-by-room condition analysis, renovation scenario modeling and homeowner equity tools, according to a news release. Through the company's Flip360 program, agents can also model possible returns for investor clients.

"Agents don't need another estimate of what a home is worth today. They need home value intelligence that helps show clients what it could be worth," Revive Co-founder and Chief Operating Officer Dalip Jaggi said in the announcement. "After more than a year of meeting with agents every week, listening to their feedback and continuously improving the product around how they actually work, Revive AI has become the next-generation home value intelligence tool agents have been asking for," Jaggi added.

Point launches broker channel for home equity product

Point is looking to expand distribution of its alternative home equity financing platform through a new origination channel, the fintech company announced this week.

The third-party channel will allow mortgage professionals to broker the company's Home Equity Investment (HEI) product, which gives homeowners access to their equity without taking on monthly payments. Since launching in 2015, the company says it has funded more than $2.5 billion in HEIs for over 25,000 homeowners.

"Launching a third-party origination channel is a natural extension of Point's vision to make homeownership more valuable and accessible," Point Co-founder and CEO Eddie Lim said in a news release.

Samuel Bjelac, a veteran mortgage industry executive who most recently served as SVP of national sales and TPO at Foundation Mortgage, has been hired to lead the new channel.

"I came to Point to help scale a better way for homeowners to access their equity, one that doesn't rely on traditional debt," Bjelac said. "Launching this product into the third-party origination market allows us to deliver that solution to more homeowners through trusted broker partners."

Lim praised Bjelac's experience "developing scalable sales organizations, opening new distribution channels, and accelerating adoption," all of which he added "will ultimately make it possible for Point to help more homeowners access their equity when they need it most."

Rayse partners with Arizona-based MLS on communication tools

Momentum MLS, formerly WARDEX MLS, has partnered with client communication platform Rayse to give MLS subscribers access to the company's agent value and transaction visibility tools, the companies said.

Momentum MLS subscribers will now receive Rayse as a member benefit, and they can use the technology to guide buyers and sellers through a structured transaction experience while providing real-time updates through a client portal. The platform is designed to help agents communicate milestones, next steps and transaction progress more clearly, according to a news release.

Rayse's platform also includes its AI-powered Rayse Assistant Engine, or RAE, and a mobile app that allows agents to update client activity from the field using voice or text. Agents can track showings, time and mileage through the app.

"Partnering with Rayse allows us to give our members a powerful tool that aligns perfectly" with Momentum MLS's "commitment to progress and forward movement," said Kim Everett, the MLS's CEO, "helping them deliver a more transparent, modern, and client-focused experience."

Happy birthday, FUB

Zillow is celebrating 15 years of Follow Up Boss.

In a May 18 blog post, the company noted that code writing for the CRM started in April 2011 — and now "more than 80% of the highest-volume agent teams in the country" use it. Since its acquisition by Zillow Group nearly three years ago, Follow Up Boss has "become the connective tissue for what may be the most comprehensive agent technology platform the real estate industry has ever seen," the post said.

Over the past 15 years, agents have sent over a billion emails and made 465 million calls through Follow Up Boss, according to Zillow. But the CRM's future is "just getting started," with its AI capabilities expected to expand in moves aimed at saving agents time and deepening client insights, according to the company. The CRM is also a core component of Zillow Pro, a suite of connected tools for agents currently being tested in select markets.

Follow Up Boss "has always been about helping all agents work better so they can win more deals," the post said. "That's still the mission — for any agent, team or tech stack."

Editor's note: AI was used in the initial drafting of this content, which was then thoroughly reviewed, fact-checked and revised by a Real Estate News editor.