Mortgage Tech Demo Day

In a half-day format, technology companies will demo their platforms and answer questions. You can tune in for the whole demo day, or strategically drop in on sessions to learn about specific solutions.

DOJ v. NAR and the ethics of real estate commissions

Today’s HousingWire Daily features the first-ever episode of Houses in Motion. We discuss the Department of Justice’s recent move to withdraw from a settlement agreement with the NAR.

Hopes for generational investment in housing fade in DC

Despite a Democratic majority, the likelihood of a massive investment in housing via a $3.5 trillion social infrastructure package appears slim these days. HW+ Premium Content

Road to the one-click mortgage

This white paper will outline how leveraging a credential-based data provider can save money for lenders, reduce friction for borrowers, speed time to close, and overall bring lenders one step closer to a one-click mortgage.

Awards

2019 HW Vanguard: Ian Wong

Opendoor Chief Technology Officer and Co-Founder

Ian Wong built his career helping businesses make smarter, data-driven decisions. As the co-founder and chief technology officer of Opendoor, he leads a team of engineers and data scientists focused on modernizing the real estate industry.

Together, they are responsible for the development of Opendoor’s products and technology that are rebuilding every component of the real estate transaction to make it automated, frictionless and low-cost for consumers.

Wong’s goal is to make it as easy to buy and sell a home as it is to hail a ride, buy something online, or book a flight. That requires rebuilding every part of the home buying and selling process to make it automated, frictionless and simpler. In the past year, Wong’s team has created an on-demand buying experience for customers and continued to build out Opendoor’s home selling service, which integrates home assessments and valuations, repair and financing into one seamless model.

Wong also is leading the development of Opendoor’s pricing model which leverages machine learning and advanced algorithms to ensure sellers and buyers get the most accurate price possible. Opendoor’s pricing model delivers accurate pricing for billions of dollars of real estate.

His team builds the product that delivers simplicity, certainty and speed to sellers and buyers. His product team has transformed a home sales process full of hassles into a simple online experience giving customers control of their move. And as for homebuyers, the product can help consumers find, tour and even purchase homes on their schedule and right from their mobile device.

What is one thing you cannot do without?

“I cannot do without a blank sheet of paper and a pen. When I come across something complicated, I will try to distill the core idea until it fits on a single, hand-written page.”

Most Popular Articles

How the Delta variant may impact the housing market

How should you look at data on the housing market to tell if things are returning to normal? HousingWire’s lead analyst answers. HW+ Premium Content

Jul 29, 2021 By
3d rendering of a row of luxury townhouses along a street

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