The bumpy year underscored a problem that’s been holding back the adoption of technology in real estate for the past two decades. Each sale of a home involves hundreds of thousands if not millions of dollars, and no two properties are exactly alike.
“Expectations of customers are going to keep growing,” she says. In this vein, brokerage Redfin Corp. announced a $135 million purchase of a mortgage lender on Jan. 11 as part of its bid to create a one-stop shop for agents, loans, and other services.