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What Does Movoto.com Partners With Local Real Estate Agents to Serve Mean?
When a house buyer is prepared to meet a genuine estate representative, Movoto uses an instant introduction to a regional representative who knows the market and how to navigate the home buying process successfully. Genuine estate agents are welcomed to sign up with the company's network only after passing a rigorous screening procedure that guarantees that each representative is a reputable local property specialist that can meet the requirements of realty purchasers in today's complicated market environment.
com are provided complimentary of charge to customers. There is no responsibility to purchase a home with an agent who partners with the service. Founded in 2005, Redwood-City-based Movoto is led by a skilled group of genuine estate industry veterans and web technology experts with a shared vision of empowering property customers.
Movoto's expanded service adds houses for sale in Brooklyn, Queens and Nassau and Suffolk Counties in the New York city location to Movoto's existing coverage of houses for sale in California, Colorado, Delaware, Massachusetts, Maryland, New Jersey, Virginia, Georgia, Washington DC, Dallas-Fort Worth, Texas, San Antonio, Texas, Houston, Texas, Tennessee and the Orlando, Miami, Jacksonville and Tampa/St.
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OJO co-founder & CEO John Berkowitz OJO Labs, an Austin-based startup with an AI-powered digital home-buying assistant, has raised $62. 5 million in fresh capital and will acquire Movoto, a residential listings website, the business stated Wednesday. OJO stated the Series D was led by Wafra with participation from Breyer Capital, Live, Oak Venture Partners, Royal Bank of Canada and Northwestern Mutual Future Ventures.
Forbes initially reported the funding round. Movoto is amongst the 5 most significant residential search websites, with 24 million regular monthly visits, behind industry leaders Zillow and John Berkowitz, OJO's co-founder and CEO, stated the business's digital consultant will be integrated into Movoto's listing website to direct consumer searches. Key Reference is likewise a certified brokerage in 50 states.
But he said he's less concentrated on beating third-party listing sites than he is on reinventing the search process. "We see ourselves as an end-to-end platform in a sea of point services," he said. The pandemic has elicited "deeper concerns" and "more hesitancy" from purchasers for whom OJO's digital consultant is more relevant.
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In 2018, it obtained Wolfnet Technologies, which standardizes information for multiple listing services. In March, OJO Labs revealed a partnership with Realogy to vet and sustain client leads for representatives.
