Lone Wolf and PrestoIntelligence Partner to Streamline the Home Inspection Process

Partnership connects real estate’s leading transaction management solutions with AI-driven services platform to simplify the search for a home inspector

CAMBRIDGE, ON – September 3, 2019

Lone Wolf Technologies ("Lone Wolf"), the North American leader in residential real estate technology, and PrestoIntelligence ("Presto"), the new face of proptech, today announced a strategic partnership between their two organizations. This partnership will integrate Lone Wolf's industry-leading transaction management solutions, zipForm® Plus and TransactionDesk, with Presto's AI-driven services platform to streamline the home inspection process for real estate agents and consumers.

With this integration, real estate agents can invite buyers and sellers to the Presto platform from within their transaction solutions. The Presto platform will engage with the customer to quickly schedule home inspections with the agent's preferred vendors. If the preferred vendors aren't available, Presto will make the job available to its local marketplace of over 30,000 certified inspectors across Canada and the U.S. This will streamline the home inspector search for real estate agents and provide them with yet another valuable service to offer home buyers and sellers, all possible through their transaction management system.

"We're thrilled to announce this ground-breaking partnership with PrestoIntelligence, a driving force behind the use of artificial intelligence in real estate," said Jimmy Kelly, CEO of Lone Wolf. "With this partnership, we're able to automate the process of finding a home inspector and accelerate the entire transaction experience for millions of real estate consumers and agents across North America."

PrestoIntelligence is an AI-driven real estate services platform. The company's virtual assistant, EVE™, connects real estate agents and home buyers with certified home inspectors using AI algorithms to accelerate inspection delivery times from 1-3 weeks to same-day delivery. The partnership with Lone Wolf extends this valuable service to 1.4 million agents, 9,000 brokerages, and 20,000 offices in Canada and the U.S.

"This is an exciting announcement for PrestoIntelligence and Lone Wolf's customers," said Vernand Morency, CEO of PrestoIntelligence. "Presto's automation of the home inspection and repair estimate process is transformational, offering the convenience of frictionless, tech-driven transactions in the real estate industry—which consumers have come to expect of every industry. Our partnership with Lone Wolf will make property technology truly accessible, and for us, that really makes it a win."

"This is a huge win for the real estate industry," said Jason Cheverton, Director of Ecosystem at Lone Wolf. "We're thrilled to add this incredible platform to our curated technology ecosystem, which now includes best-of-breed solutions for front office, website, CRM, title, moving, and home inspection services. And there will be much more to come, as we continue to collaborate with other innovators and industry leaders and build an entire marketplace of integrated solutions for real estate agents and brokerages."

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About Lone Wolf Technologies

Lone Wolf Technologies, a Vista Equity Partners portfolio company, is the North American leader in residential real estate software, serving over 1.3 million real estate agents, 20,000 offices, 9,000 brokerages, and 1000 MLSs and associations across Canada and the U.S. The company offers an ecosystem of technology products designed to simplify the entire transaction process, including software for back office and transaction management. Each element of this ecosystem enables brokerages, agents, MLSs, and associations to operate more efficiently, reduce costs, and increase opportunities for profitability. Lone Wolf's head office is located in Cambridge, ON, with additional offices in Dallas, TX, London, ON, and Fraser, MI.

About Updater

PrestoIntelligence is more than an innovative idea. Our platform saves consumers and REALTORS® valuable time and resources by enabling frictionless property inspection services through complete automation of the process. REALTORS® are empowered to completely customize and control their client experience, from selecting their preferred inspector to customizing and branding the order form. PrestoIntelligence was featured as New Kids on the Block at Inman Connect, 2019. PrestoIntelligence is headquartered in Austin, TX.