Author Archives: Patrick Kearns

After failing to go public in 2019, WeWork set to try again via SPAC

By Patrick Kearns | March 26, 2021 - 2:38 pm |March 26, 2021 Uncategorized

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The SPAC merger will reportedly value the combined company at $9 billion, far below the $47 billion it was valued at two years ago. Continue reading →

RE/MAX exec on shifting market: ‘Have a savings account’

By Patrick Kearns | March 25, 2021 - 8:56 pm |March 25, 2021 Uncategorized

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Chief Customer Officer Nick Bailey also warned agents that there are no “get rich quick schemes” in real estate at the company’s R4 event. Continue reading →

Up, up and away: Mortgage rates continue upward tick

By Patrick Kearns | March 25, 2021 - 4:33 pm |March 25, 2021 Uncategorized

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The average for a 30-year fixed rate mortgage hit 3.17 percent this week, the highest level since June, according to data released Thursday by Freddie Mac. Continue reading →

Notarize raises $130M after year of huge growth

By Patrick Kearns | March 25, 2021 - 2:29 pm |March 25, 2021 Uncategorized

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Over the past 12 months, revenue from the company’s remote online notarization platform has grown 600 percent. Continue reading →

5 people to watch at Zillow as the company moves toward Zillow 2.0

By Patrick Kearns | March 25, 2021 - 9:00 am |March 25, 2021 Uncategorized

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The C-suite is full of names familiar to the industry, but there are other key cogs in the Zillow machine who get less recognition. Continue reading →

RE/MAX debuts new data company

By Patrick Kearns | March 24, 2021 - 3:26 pm |March 24, 2021 Uncategorized

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RE/MAX CEO Adam Contos unveiled the new company, G73, and revealed the brokerage’s evolving data strategy Wednesday at its annual R4 convention in Orlando. Continue reading →

Pacaso raises $75M and soars to unicorn valuation

By Patrick Kearns | March 24, 2021 - 1:00 pm |March 24, 2021 Uncategorized

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The co-ownership startup for second homes also raised $1 billion in debt funding and has big expansion plans. Continue reading →

Compass IPO will price shares between $23 and $26

By Patrick Kearns | March 23, 2021 - 4:28 pm |March 23, 2021 Uncategorized

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The real estate brokerage and tech company is eyeing a $10 billion valuation as it gets ready to go public. Continue reading →

Orchard adds concierge service to existing platform

By Patrick Kearns | March 23, 2021 - 2:04 pm |March 23, 2021 Uncategorized

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The service allows homeowners to make repairs and upgrade at no upfront cost, before they list on the market. Continue reading →

T3 Sixty’s annual list of top tech vendors reveals industry consolidation

By Patrick Kearns | March 23, 2021 - 1:53 pm |March 23, 2021 Uncategorized

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A total of 15 companies from the 2020 list were acquired prior to the publication of the 2021 list. Continue reading →