Author Archives: Patrick Kearns

EXp World Holdings posts major revenue gain, losses narrow

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EXp World Holdings, the parent company of virtual cloud real estate brokerage eXp Realty, continued its precipitous growth in the third quarter of 2019, posting $282 million in revenue, a year-over-year growth of nearly 80 percent. Continue reading →

SoftBank posts $6.4B loss, CEO ‘regrets’ WeWork investment

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The company also reported it lost $4.6 billion in its WeWork stock value after WeWork’s failed initial public offering earlier this year. Continue reading →

Compass makes major changes to its stock option program

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Compass is shifting from offering equity stock options to restricted stock units, which are often viewed as a way for companies to keep talent they recruit. Continue reading →

Opendoor adds new builders to its ‘trade up’ program

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Opendoor, the direct-to-consumer homebuying and selling startup, is expanding its trade-up program with the addition of two new partners. Now homeowners can sell their homes and more seamlessly move into a newly built home from Century Communities or G… Continue reading →

Compass goes global with India tech hub, adds Amazon veteran

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The well-funded brokerage is opening a tech hub in Hyderbad’s HITEC City and plans to add 200 jobs in product and engineering. Continue reading →

Compass goes global with India tech hub, adds Amazon veteran

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The well-funded brokerage is opening a tech hub in Hyderbad’s HITEC City and plans to add 200 jobs in product and engineering. Continue reading →

HomeLight nabs $109M in new funding round

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Real estate referral and transaction management startup HomeLight announced Tuesday it’s raised $109 million in new financing. The company plans to use the money to build out its closing services and home loans business. Continue reading →