Welcome to our dedicated page for RESAAS SERVICES ORD news (Ticker: RSASF), a resource for investors and traders seeking the latest updates and insights on RESAAS SERVICES ORD stock.
RESAAS Services Inc. (RSASF) is a cloud-based social business platform catering to the real estate services industry. They offer a suite of tools, including an enterprise social network, a global referral network, lead generation engine, listing management, client engagement modules, CRM tools, analytics, file sharing, and advertising engine. These tools are exclusively available to real estate professionals, aiming to enhance productivity through improved communication and collaboration. With nearly 400,000 users from 110 countries, RESAAS is a leading provider of technology solutions for the real estate industry.
RESAAS Services (TSXV: RSS, OTCQB: RSASF) has announced a major upgrade to its Commercial Data Exchange platform (CODE) by integrating AI capabilities for data movement. This enhancement enables brokerages and landlords to integrate their data seamlessly into RESAAS CODE, allowing real-time data synchronization in a 'hands-free' manner. The AI integration automates data ingestion, eliminates manual processes and human error, and facilitates efficient onboarding for customers with older infrastructure. The platform operates on a subscription-based model, generating monthly recurring revenue from brokerage and landlord customers.
RESAAS Services Inc. (TSXV: RSS, OTCQB: RSASF) has announced the expansion of its RESAAS Commercial Data Exchange (CODE) platform with the addition of multiple commercial landlords. Following a successful pilot phase with CBRE in Vancouver, RESAAS CODE has now reached full commercialization. The platform enables commercial brokerages to securely share real estate data with third parties.
Key highlights:
- Three major national office landlords have joined RESAAS CODE
- Landlords provide availability data, which RESAAS CODE processes and shares with brokerage customers
- Subscription-based model generates monthly recurring revenue
- Strong demand for expansion into additional markets across Canada and the United States
- Current customers have national or North American footprint, facilitating rapid growth into new cities
RESAAS Services Inc. (TSXV: RSS, OTCQB: RSASF) has announced a commercial real estate data-share pilot with CBRE Vancouver as the anchor tenant of 'RESAAS CODE'. This Commercial Real Estate Data Exchange solution will allow CBRE Vancouver's Research Division to share available properties with select other Commercial Real Estate Brokerages. The pilot aims to solve the data-sharing problem in the commercial real estate market, making property tracking more efficient and scalable.
RESAAS CODE is designed to enable secure data sharing using RESAAS as a centralized Data Warehouse, adhering to CBRE's strict data protection standards. This initiative leverages RESAAS's experience in residential real estate data sharing, adapting its technology platform to support the nuances of commercial real estate.
RESAAS Services Inc. (OTCQB: RSASF) has announced a strategic partnership with the National Association of Realtors (NAR), the largest trade association in the U.S. representing over 1.5 million members. This partnership aims to leverage RESAAS’s technology platform to enhance real estate agents’ networking capabilities, enabling them to connect, share knowledge, and generate referral business nationwide. The one-year agreement will provide NAR members with multiple promotional touchpoints for RESAAS, ensuring they have access to its Premium and Ultimate subscription services that offer real-time referral alerts and enhanced visibility. This collaboration is expected to contribute recurring revenue for RESAAS and bolster the business opportunities for Realtors®.
RESAAS Services Inc. (TSXV: RSS, OTCQB: RSASF) announced a preliminary partnership with Rocket Mortgage Canada on April 18, 2023. The partnership aims to enhance the real estate experience by providing agents with a simplified mortgage process. Real estate agents utilizing RESAAS's platform will be able to offer clients access to pre-qualification for mortgage products and competitive rates. This collaboration supports RESAAS's goal to improve referral fees for agents, stemming from exclusive data indicating higher fees for pre-approved clients. The one-year agreement, effective March 1, 2023, will involve revenue sharing from new mortgages, renewals, and refinances. Rocket Mortgage Canada aims to modernize the mortgage process, connecting with RESAAS's technology-focused solutions to enhance client interactions.
FAQ
What is the current stock price of RESAAS SERVICES ORD (RSASF)?
What is the market cap of RESAAS SERVICES ORD (RSASF)?
What services does RESAAS Services Inc. provide?
Who can access the suite of tools offered by RESAAS?
How many users does RESAAS have?
What is the goal of RESAAS's platform?
What recent upgrade has RESAAS introduced?
How does RESAAS serve the real estate industry globally?
Which real estate professionals can benefit from RESAAS's tools?
What sets RESAAS apart in the real estate technology landscape?
What collaboration opportunities does RESAAS offer?
How can real estate agents leverage RESAAS's platform effectively?
