Nextdoor to go public via SPAC with $4.3B valuation

Nextdoor is set to go public through a special purpose acquisition company. The platform will raise $686 million from the deal, which is projected to close in Q4 2021. Continue reading

Why Zillow’s acquisition of ShowingTime ‘flipped the switch’

Homesnap founder Guy Wolcott and ShowingTime President Michael Lane outline how vendors and multiple listing services create a more robust tech and integration experience. Continue reading

The future of second-home ownership is bright

Pacaso co-founder Austin Allison and The Agency CEO Mauricio Umansky talk about the future of second-home ownership as Americans prepare for a new normal. Continue reading

Ryan Schneider shares the blueprint for Realogy’s digital future

From virtual title closing services and staging to iBuying, Ryan Schneider is banking on Realogy’s ability to lead the real estate industry into the digital age. Continue reading

Multifamily rental market rebounds to pre-pandemic levels

The median multifamily rent increased 2.5 percent in May, according to Yardi’s latest rent report. West Coast markets experienced the greatest increases as buyers hold off on the homeownership plans. Continue reading

Compass CEO not ready to kiss brick-and-mortar locations goodbye

At Inman Connect on Tuesday, Compass CEO Robert Reffkin shared what post-IPO life is like, his plans to expand Compass’ tech offerings, and why the office isn’t going away anytime soon. Continue reading

Zillow claims Zestimate now more accurate thanks to tech update

Zillow estimates the machine-learning-powered update will reduce the median error rate to 6.9 percent and increase homeowners’ Zestimate live offers by 30 percent. Continue reading

Chris Stuart shares the key to sustainable real estate teams

Industry veteran and newly-minted Place, Inc. President Chris Stuart shares his thoughts on real estate teams, simplifying the consumer experience and creating a winning business strategy. Continue reading

Top 1,000 teams’ transaction volume ballooned 49.7% in 2020

RealTrends and Tom Ferry’s The Thousand and America’s Best Real Estate Professionals debuted on Friday, with the top 1,000 teams increasing their sales volume to $173,144,415 in 2020. Continue reading