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Chime Achieves Profitability in Record Time; Eclipses Industry Veterans to Secure Third Leading Market PositionPHOENIX , Jan. 25, 2021 (GLOBE NEWSWIRE) -- Chime Technologies, an award-winning operating system for the real estate industry, today announced an unprecedented successful year of product, partner and customer momentum, lynchpin to the company’s success in achieving profitability in less than three years. This success catapulted the company into the third leading market position as Chime eclipsed real estate technology veterans. With a 91% increase in new customers including Call It Closed, Coldwell Banker West and ENGEL & VÖLKERS Gestalt Group, and 145% increase in seats, Chime continues to innovate and expand its award-winning sales acceleration platform to best meet the evolving needs of real estate professionals. In particular last year, Chime quickly asserted its position as a market leader by delivering a comprehensive COVID-19 Resources page to help agents, teams and brokerages navigate unprecedented times amid a global pandemic. To learn more about Chime, visit HERE. Expanded Partner Ecosystem Accelerated Product Innovation
In 2020, Chime also saw a 375% increase in revenue on ancillary service which not only included AI conversion products, but professional services, exclusive ISA services, wealth tracking services, back end commission accounting and transaction management, as well as coaching outlets for professional development. Finally, the product team delivered critical modifications to existing innovations to map to agents needs right now. From updated AI Assistant chatbot scripts tailored for COVID-19, to virtual tour requests and new postcard options, the product team at Chime tirelessly delivered new or modified product features and functionality to not only help agents survive but thrive amid these challenging times. Award Wins Abound Dedicated Community Support “While we are grateful for another successful year in business, we are keenly aware of the toll this year took on the real estate industry. Our objective remains clear - to support real estate agents, teams and brokerages by offering innovative, integrated tools purpose built to address industry pain points and agent frustrations while supporting new business requirements,” said Mike McGowan, vice president, sales, Chime. “We will continue to thoughtfully expand our platform functionality to automate mundane, time consuming tasks, create efficiencies and empower skilled real estate professionals to focus on what they do best – making connections and closing deals.” To learn more visit, HERE. About Chime Technologies Media Contact: |