Developing mobile apps in real estate

BouncePad 

New company out of Indianapolis

Text-based mobile solution now, but heading towards video soon

Most text messaging is frustrating to say the least right now

70 percent of cellphone users have used text messages

The myth is that text messaging is limited to people under 40 but that is NOT the case

There are a variety of text messaging vendors now serving the industry

Models include:

Code driven text alerts

Alerts, especially in the foreclosure market

User benefits

Message is stored on your phone

Quality issues continue to haunt handheld apps

Carrier response times vary

Costs should be five cents or less

Q:  What is the next generation of BouncePad?

Want to make service similiar to other vendors, like Edgio

ie.  the ability to input listings from the phone

Investing heavily in virtual home tours so that the consumer can access a virtual tour of the interior of a home, while standing outside

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Larry at Fidelity

VP in BizDev

In charge of voice