AND FINALLY

CoreLogic buys prop tech firm AiRE

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PROPERTY data provider CoreLogic has acquired Brisbane based property technology firm AiRE.

AiRE specialises in AI driven lead identification and nurture solutions for the real estate industry and has more than 4,000 real estate agents in Australia and New Zealand.

CoreLogic International CEO Lisa Claes said the acquisition of AiRE aligns with CoreLogic’s vision of helping its real estate partners identify and leverage actionable leads while at the same time streamlining business performance through data, technology and the advanced capabilities of machine learning and AI.

“Agents will appreciate the intrinsic value of their CRM data but may have struggled to fully commercialise and maximise its full potential. Timeliness is paramount for agents to maintain contact with clients and this solution will ensure they remain front of mind.

“Along with the clear benefits to CoreLogic and its clients, AiRE will now be powered by the most extensive property da ta universe across Australia and New Zealand, delivering a unique suite of property and market insights for consumers, and property level triggers and events, to continually improve the model’s AI performance,” Claes said.

AiRE’s founder and CEO Ian Campbell said the synergies between the two companies made sense.

Co-founders Ian Campbell and Sarah Bell and the company’s leadership team will continue to lead the business as part of CoreLogic.

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