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.

InvestmentsMortgageReal Estate

Reali continues to expand, launches escrow program

The real estate company is ever growing

Not more than a month after expanding with a home trade-in program, real estate technology company Reali has launched an escrow program in an effort to save homebuyers and sellers time and money. 

The program, called Reali Escrow, provides escrow services at flat-rate prices and allows Reali to reach all parts of the real estate transaction.

"We continue to focus on making the real estate transaction much more transparent, efficient and consumer-friendly," said Amit Haller, Reali CEO.

Usually, escrow services are performed through a third-party. Reali said that it wants to simplify the escrow process by eliminating the third party, and make the process as efficient as possible.

"For too many buyers and sellers, escrow is often the most stressful part of the home purchase as they lose transparency into what can be a mysterious process. Reali Escrow helps close the real estate transaction with the same level of exceptional service Reali buyers and sellers get from the first time they work with us," Haller said.

Earlier this year, Reali acquired Lenda, an online mortgage lender that launched in 2013, and launched Reali Loans. In 2018, Reali offered one of the nation’s smallest transaction fees in one of the nations most expensive real estate markets and announced a new program that would help certain California buyers and sellers buy or sell their home for only $950. 

In July, Reali redesigned its app to better support the end-to-end journey for its homebuyers. 

The company has also raised nearly $40 million in several funding rounds over the last several years, including a $9 million raise earlier this year, a $20 million raise last year, and a nearly $10 million raise in 2017.

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

Log In

Forgot Password?

Don't have an account? Please