Real estate, re-imagined: Lone Wolf introduces new cloud solutions for agents, brokers, teams, franchises, MLSs, and associations - Canada NewsWire | Canada News Media
Real estate’s top digital technology now available through integrated cloud solutions
CAMBRIDGE, ON, July 8, 2020 /CNW/ — Lone Wolf Technologies (“Lone Wolf”) is thrilled to announce the availability of real estate’s first integrated suites of technology solutions targeted to the specific and unique needs of residential real estate stakeholders: Agent Cloud, Team Cloud, Broker Cloud, Franchise Cloud, and Organization Cloud. Each cloud solution connects real estate’s leading technology in a single package and is available for purchase today through lwolf.com.
“We’re excited to announce the release of our cloud solutions today,” said Jimmy Kelly, CEO of Lone Wolf. “The industry has long sought end-to-end solutions, but no one’s been able to make it happen. We’ve done that, and more. By fully integrating our solutions and connecting them to some of the best tech providers in North America, we’ve not only delivered an end-to-end solution, but an entire suite of end-to-end solutions tailored to each stakeholder role in the industry. And we’re doing it with the best tech available today, from forms, eSignature, and transaction management to back office, accounting, and insights. With Lone Wolf’s clouds, it’s now possible to have a complete—and completely connected—digital experience, whether you’re an agent, broker, administrator, or buyer and seller. That’s real estate re-imagined.”
The Broker Cloud features a collection of real estate’s leading digital solutions to give brokers everything they need to run their business, serve their buyers and sellers, and improve profitability. Solutions include:
Lone Wolf Transactions, formerly known as zipForm Plus and TransactionDesk, the broker add-on to the national member benefits in both the U.S. and Canada. Transactions provides 99% forms coverage in North America, real estate’s number-one eSignature solution, and a two-way integration between agents and the back office to give the whole brokerage unrivaled transaction management capabilities.
Lone Wolf Back Office, formerly known as brokerWOLF, the back office and accounting solution used by over 10,000 offices in North America. The solution seamlessly connects to Transactions and features the industry’s most comprehensive tools for agent management, accounting, commissions, and business intelligence, giving brokerages of any make and model everything they need to run their business.
Lone Wolf Insights, an AI-enabled solution that translates Back Office data into plain language and puts profitability in the broker’s hands, providing them with actionable insights to improve agent performance and bolster their coaching and retainment efforts.
Lone Wolf Marketplace, a curated library of best-in-class digital tools that plug and play so that agents and brokerages can manage their client experience from start to finish in one solution.
“What makes our clouds truly special is they’re built around the transaction itself,” said Graeme Canivet, Product Director of Transactions at Lone Wolf. “A transaction is the moment of truth that connects everyone—and everything—in real estate. It’s where agents, brokers, staff, buyers and sellers, and third-party providers like title companies come together with a common goal. Our cloud solutions bring together the various people and technologies involved in a transaction, making it simpler for all.”
The Agent Cloud is a complete suite of solutions that connects every aspect of an agent’s transactions to provide an unrivaled client experience, including:
Lone Wolf Transactions, which powers the national member benefits in Canada and the U.S., as well as hundreds of local and state associations, to provide agents with instant MLS connectivity and the industry’s most up-to-date and legally binding forms.
Authentisign, real estate’s leading eSignature tool, which processes over 22 million signatures a year and is built right into Transactions, so agents do not have to export contracts to a third-party signing solution.
Lone Wolf Marketplace, a curated library of best-in-class digital tools that plug and play into Transactions, so agents can manage the entire deal and client experience in a single place.
Lone Wolf EliteAgent, which provides additional digital tools to help drive agent productivity, including offer management, listing broadcast, mobile add-ons and more.
“One of the biggest obstacles real estate has in providing a complete digital experience is the adoption of new tech,” said Matt Keenan, Chief Revenue Officer at Lone Wolf. “The acquisition of zipLogix and Instanet Solutions allowed Lone Wolf to build a best-in-class suite of solutions that is tightly integrated with MLSs and associations across North America, so agent adoption is already built in. With our cloud solutions, we believe it’s finally possible for all participants in the real estate industry to have an unparalleled digital real estate experience.”
Lone Wolf Technologies, a Vista Equity Partners portfolio company, is the North American leader in residential real estate software, serving over 1.4 million real estate professionals across Canada and the U.S. With cloud solutions for agents, brokers, franchises, MLSs and associations alike, the company provides the entire real estate industry with the tools they need to amaze clients, build their business, and improve profits—from transactions to back office, insights, and more, all in one place. Lone Wolf’s head offices are in Cambridge, ON and Dallas, TX.
TORONTO – One expert predicts Ottawa‘s changes to mortgage rules will help spur demand among potential homebuyers but says policies aimed at driving new supply are needed to address the “core issues” facing the market.
The federal government’s changes, set to come into force mid-December, include a higher price cap for insured mortgages to allow more people to qualify for a mortgage with less than a 20 per cent down payment.
The government will also expand its 30-year mortgage amortization to include first-time homebuyers buying any type of home, as well as anybody buying a newly built home.
CIBC Capital Markets deputy chief economist Benjamin Tal calls it a “significant” move likely to accelerate the recovery of the housing market, a process already underway as interest rates have begun to fall.
However, he says in a note that policymakers should aim to “prevent that from becoming too much of a good thing” through policies geared toward the supply side.
Tal says the main issue is the lack of supply available to respond to Canada’s rapidly increasing population, particularly in major cities.
This report by The Canadian Press was first published Sept. 17,2024.
OTTAWA – The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.
The association says the number of homes sold in August fell 2.1 per cent compared with the same month last year.
On a seasonally adjusted month-over-month basis, national home sales edged up 1.3 per cent from July.
CREA senior economist Shaun Cathcart says that with forecasts of lower interest rates throughout the rest of this year and into 2025, “it makes sense that prospective buyers might continue to hold off for improved affordability, especially since prices are still well behaved in most of the country.”
The national average sale price for August amounted to $649,100, a 0.1 per cent increase compared with a year earlier.
The number of newly listed properties was up 1.1 per cent month-over-month.
This report by The Canadian Press was first published Sept. 16, 2024.
MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.
Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.
Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.
She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.
The two brokers were suspended in May 2023 after La Presse published an article about their practices.
One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.
This report by The Canadian Press was first published Sept. 11, 2024.
