Matterport and North Carolina Regional MLS Pioneer the Industry’s First MLS Virtual Showing Service System
August 23 2022 - 9:00AM
Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company
driving the digital transformation of the built world, today
announced a partnership with North Carolina Regional MLS (NCRMLS),
one of the largest and most recognized Multiple Listing Services in
North Carolina. Through the partnership, NCRMLS will integrate the
Matterport Digital Twin Platform with its new showing management
system, BrokerBay. The collaboration enables Realtors served by the
NCRMLS to host virtual tours and open houses, streamlining the
homebuying process for Realtors, as well as their buyers and
sellers.
“Adding a virtual tour feature is vital when working with remote
buyers, who are able to prescreen a home’s look, feel, and layout,”
said Patrick LaJeunesse, Director of Marketing at NCRMLS. “Today’s
homebuying experience has shifted, and we’re thrilled to be
integrating Matterport’s Digital Twin Platform to enable Realtors
to conduct more productive showings with qualified buyers. The
partnership between Matterport and NCRMLS is the industry’s first
MLS Virtual Showing Service system.”
Realtors can schedule and invite clients to meet virtually
within a property’s Matterport digital twin, live chat with clients
from around the world, and conduct virtual open houses and
walkthroughs. Matterport’s Digital Twin Platform powers 3D tours,
room dimensions, and accurate floor plans that provides potential
buyers with a clear understanding of a home’s space and allows
Realtors to reach more out-of-town homebuyers who may not yet live
in the local market. A recent study by Matterport surveyed U.S.
homeowners who purchased their home in the last two years and found
that 34 percent relocated more than 50 miles away from their
previous residence.
As NCRMLS introduces the BrokerBay platform and its Matterport
integration, the organization is offering training to its Realtors
on how to capture a property’s digital twin by using the new NCRMLS
directory of real estate photographers, and other do-it-yourself
solutions like Matterport Axis™ - a low-cost motorized mount for
smartphones that enables Realtors to publish virtual tours online
in less than an hour. The convenient, hands-free tool is invaluable
to Realtors in rural areas where professional photographers are not
readily available, and to those with cost-sensitive property
listings where professional photography is too expensive based on a
listing’s commission. In addition, NCRMLS will provide education to
its membership subscribers on the value of adopting Matterport
virtual tours and floor plans to increase viewer traffic to
properties for sale.
"NCRMLS recognized an evolving trend in the marketplace where
today’s buyers desire a more immersive digital home shopping
experience. They see the value and power that immersive, realistic,
3D virtual tours, what we call Digital Twins, can bring to real
estate professionals and their clients,” said Bernard Nguyen,
Senior Director of Business Strategy, Residential Real Estate at
Matterport. “From Matterport Axis and our high-end Pro2 Camera to
our Capture Services On-Demand solution, real estate professionals
can select from a variety of 3D capture options based on their
needs. All of these tools are helping more and more real estate
professionals elevate the home transaction experience, enabling
sellers and buyers to make more informed decisions.”
To learn more about Matterport for real estate, visit
matterport.com/real-estate
About Matterport
Matterport, Inc. (Nasdaq: MTTR) is leading the digital
transformation of the built world. Our groundbreaking spatial data
platform turns buildings into data to make nearly every space more
valuable and accessible. Millions of buildings in more than 177
countries have been transformed into immersive Matterport digital
twins to improve every part of the building lifecycle from
planning, construction, and operations to documentation, appraisal
and marketing. Learn more at Matterport.com and visit our Discover
page to browse a collection of digital twins captured by our
customers.
©2022 Matterport, Inc. All rights reserved. Matterport is a
registered trademark and the Matterport logo is a trademark of
Matterport, Inc. All other marks are the property of their
respective owners.
Media Contact:press@matterport.com
Investor Contact: Soohwan Kim, CFAVP, Investor
Relationsir@matterport.com
Forward-Looking Statements
This document contains certain forward-looking statements within
the meaning of the federal securities laws, including statements
regarding the benefits of the business combination, the services
offered by Matterport, Inc. (“Matterport”) and the markets in which
Matterport operates, business strategies, debt levels, industry
environment, potential growth opportunities, the effects of
regulations and Matterport’s projected future results. These
forward-looking statements generally are identified by the words
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“strategy,” “future,” “forecast,” “opportunity,” “plan,” “may,”
“should,” “will,” “would,” “will be,” “will continue,” “will likely
result,” and similar expressions (including the negative versions
of such words or expressions).
Forward-looking statements are predictions, projections and
other statements about future events that are based on current
expectations and assumptions and, as a result, are subject to risks
and uncertainties. Many factors could cause actual future events to
differ materially from the forward-looking statements in this
document, including the expected benefits of Matterport’s
partnership with North Carolina Regional MLS, Matterport’s ability
to implement business plans, forecasts, and other expectations in
the industry in which Matterport competes, and identify and realize
additional opportunities. The foregoing list of factors is not
exhaustive. You should carefully consider the foregoing factors and
the other risks and uncertainties described in documents filed by
Matterport from time to time with the U.S. Securities and Exchange
Commission (the “SEC”). These filings identify and address other
important risks and uncertainties that could cause actual events
and results to differ materially from those contained in the
forward looking statements. Forward-looking statements speak only
as of the date they are made. Readers are cautioned not to put
undue reliance on forward-looking statements, and Matterport
assumes no obligation and, except as required by law, does not
intend to update or revise these forward-looking statements,
whether as a result of new information, future events, or
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