Avenue Named Winner at 2015 Realogy FWD Innovation Summit
Jun 23, 2015, 08:57 ET
SAN FRANCISCO, June 23, 2015 /PRNewswire/ -- Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services, today announced Avenue as the grand prize winner of the 2015 Realogy FWD Innovation Summit held at the Mission Bay Conference Center at the University of California, San Francisco.
Avenue is a real-time smartphone app that quickly connects real estate agents with consumers 24/7 with free advice about buying or selling real estate. The company earned top honors at FWD for presenting the most innovative technology product or service designed for the real estate industry among the 15 emerging technology companies that competed for the $25,000 cash award. The competition took place in front of a crowd of 225 executives and franchisees from across Realogy and its brands. Based in Toronto, Ontario, Avenue is a venture of ReadyChat Inc.
"We were introduced to a sophisticated and diverse range of solutions this year," said Alex Perriello, president and chief executive officer, Realogy Franchise Group. "As we continue to invest in the growth of our business, it's so important to us to host a unique forum like FWD where emerging technology companies are able to demonstrate the impact of their exciting new ideas."
"It was an honor even to be selected to present at such a premier industry event as this," said Avenue CEO Justin Shum. "To receive this recognition from Realogy validates our vision and concept."
The 2015 Realogy FWD Innovation Summit was sponsored by NAR REach®, a growth technology accelerator program founded by Second Century Ventures, the strategic investment arm of the National Association of REALTORS®.
The other two companies selected as FWD finalists were Solo and Tactile Finance. Additional information about all the companies presenting at the 2015 Realogy FWD Innovation Summit is available online at www.realogyfwd.com.
About Realogy Holdings Corp.
Realogy Holdings Corp. (NYSE: RLGY) is a global leader in residential real estate franchising and brokerage with many of the best-known industry brands including Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, and Sotheby's International Realty®, as well as ZipRealty®, its technology-focused brand. Collectively, Realogy's franchise system members operate approximately 13,500 offices with more than 251,200 independent sales associates conducting business in 105 countries and territories around the world. NRT LLC, Realogy's company-owned real estate brokerage, is the largest residential brokerage company in the United States, operates under several of Realogy's brands and also provides related residential real estate services. The Company also owns Cartus, a prominent worldwide provider of relocation services to corporate and affinity clients, and Title Resource Group, a leading provider of title, settlement and underwriting services. Realogy is headquartered in Madison, New Jersey.
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SOURCE Realogy Holdings Corp.