August 2020 – REI INK

GROUNDFLOOR Makes Inc.’s Top 5,000 List

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Atlanta-based wealthtech platform GROUNDFLOOR debuts as #402 on Inc.’s list of 5,000 high-growth companies. GROUNDFLOOR has experienced three-year revenue growth of 1,141%, and it continues to see record investor growth in 2020. The company is also listed as the fastest growing financial services company in Georgia and 22nd among all financial services companies nationwide. Brian Dally and Nick Bhargava founded GROUNDFLOOR in 2013. Their vision was to open private capital

Downward Trend Continues for Foreclosure Filings

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ATTOM Data Solutions‘ July 2020 U.S. Foreclosure Market Report revealed a total of 8,892 U.S. properties with foreclosure filings (i.e., default notices, scheduled auctions or bank repossessions in July 2020. That’s down 4% percent from a month ago and 83% from a year ago. “Even as mortgage delinquency rates climb, foreclosure activity continues to be artificially low due to moratoria put in place by the federal and state governments,” said

Kleard Partners with Kangaroo to Bring More Security to Self-Tours

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Real estate technology company Kleard has partnered with Kangaroo Home Security to offer its self-touring technology, called Kleared Now. The partnership between Kleard and Kangaroo will allow agents to purchase a home security package created specifically for real estate listings. Two package options are available. Both include a doorbell camera, door/motion sensors and an indoor camera. Installation will be completed via the Kangaroo app. In-app notifications will inform agents when

RealtyTrac Names Rick Sharga EVP of Marketing

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Rick Sharga has rejoined RealtyTrac as executive vice president, according to the firm’s parent company ATTOM Data Solutions. Sharga will oversee RealtyTrac’s marketing and public relations initiatives and implement new marketing strategies to increase brand awareness. He will be responsible for developing and executing a strategic marketing plan that optimizes growth and drives business development. “As ATTOM continues its growth and expansion in the data licensing business, we also have

Deloitte and Nuvolo Announce New Alliance

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Nuvolo, a Connected Workplace Company and the largest Built on Now partner has announced a new alliance with Deloitte. The alliance leverages Nuvolo’s built on ServiceNow facilities management and space planning capabilities and the acumen and experience of Deloitte’s Real Estate & Location Strategy and ServiceNow Practices. Deloitte will serve as an elite professional services provider for Nuvolo as well as a strategic go-to-market partner for key industries.

Real Estate Almanac Debuts

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Research and advisory firm T3 Sixty has released the 2020 Real Estate Almanac. The 450-page annual printed report analyzes the core components of the residential real estate brokerage industry and organizes key data about them into five sections: leaders (SP 200), organized real estate (ORE 200), technology (Tech 500), enterprises (franchise brands and holding companies) and brokerages (Mega 1000). The resource gives industry executives insight into where the industry is,