October 24, 2016

NAR’s Tech Team Nabs 2nd Place in Hackathon

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NAR’s Tech Team Nabs 2nd Place in Hackathon

The National Association of REALTORS®’ Center for REALTOR® Technology recently came in second place out of more than a thousand teams in the Koding Inc.’s 2016 global virtual hackathon.

Catch up with all of the latest CRT happenings on their blog.

For the hackathon, CRT, part of the ChicagoHacksBig team, used modern sensing technology to better understand how residents live and move around in cities. The team generated a map visualizing time-series data of 10,000 people in 16 cities moving between 4,500 venues over the course of one evening.

“Down the line, sensing devices like these could help REALTORS® in both commercial and residential real estate to identify the overall health of a neighborhood, not by identifying individual people, but by aggregating data throughout a city,” an NAR press release states.

The team – which also included individuals from Gimbal Beacons, Bank of America, CartoDB, DoStuff app and Groupon -- won a $30,000 prize for its second-place finish. The team will donate its winnings to the Smart Chicago Collaborative, an organization that helps Chicago residents gain Internet access and sets out to improve tech skills.

“Embracing new technologies is an essential part of how REALTORS® conduct business, and over the years NAR has invested a lot of time and millions of dollars in developing and building online real estate tools, ” says Tom Salomone, NAR’s president. “We are so excited to be on the cutting edge of this new technology, demonstrating our organization’s commitment to continuously provide REALTORS® with the latest and greatest tools available in the industry.”

Source: National Association of REALTORS®