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Realogy Holdings Corp. recently announced Avenue as the grand prize winner of the 2015 Realogy FWD Innovation Summit held at the Mission Bay Conference Center at the University of California, San Francisco.

Avenue is a real-time smartphone app that quickly connects real estate agents with consumers 24/7 with free advice about buying or selling real estate. The company earned top honors at FWD for presenting the most innovative technology product or service designed for the real estate industry among the 15 emerging technology companies that competed for the $25,000 cash award. The competition took place in front of a crowd of 225 executives and franchisees from across Realogy and its brands. Based in Toronto, Ontario, Avenue is a venture of ReadyChat Inc.

“We were introduced to a sophisticated and diverse range of solutions this year,” says Alex Perriello, president and chief executive officer, Realogy Franchise Group. “As we continue to invest in the growth of our business, it’s so important to us to host a unique forum like FWD where emerging technology companies are able to demonstrate the impact of their exciting new ideas.”

“It was an honor even to be selected to present at such a premier industry event as this,” says Avenue CEO Justin Shum. “To receive this recognition from Realogy validates our vision and concept.”

The 2015 Realogy FWD Innovation Summit was sponsored by NAR REach®, a growth technology accelerator program founded by Second Century Ventures, the strategic investment arm of the National Association of REALTORS®.

The other two companies selected as FWD finalists were Solo and Tactile Finance.

For more information, visit www.realogyfwd.com.

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