Engel & Völkers continues its NorCal growth under Paul Benson

Paul Benson is adding a trio of Engel & Völkers shops to his impressive portfolio of 28 offices across California, Nevada and Utah. The German-founded luxury brand is opening three new Northern California Offices, giving it eight new shops and mor… Continue reading

Corcoran employee’s email hacked, internal data shared company-wide

A Corcoran spokesperson tells Inman “three emails containing inaccurate and misleading Corcoran information were distributed within Corcoran.” Continue reading

Another BHGRE franchise launches iBuyer comparison tool

BHGRE Winans has launched the Flex Move program, a white-labeled version of the proprietary Offer Optimizer software from real estate tech startup zavvie. Continue reading

Offerpad wants to get buyers in a new house in 24 hours

Homebuying and selling startup Offerpad announced it’s testing two new pilot programs, set to debut later this year or early 2020. Offerpad Instant Own would allow buyers to move into Offerpad-owned homes in as little as 24 hours and Offerpad Buyer Boo… Continue reading

Compass agent launches his own iBuyer platform

Unlike a lot of brokerages in the industry, launching an iBuyer platform isn’t an immediate focus for Compass, the well-funded New York City-based brokerage. But that isn’t stopping one of the company’s San Diego-based real estate teams from launching … Continue reading

More than 25% of NYC condos built after 2013 remain unsold: StreetEasy

While more cities push to ditch single-family zoning in an effort to create more affordable housing, the unique New York City housing market is dealing with another issue too: a lot of the new housing built after 2013 is unaffordable for the city’s res… Continue reading

MoxiWorks eyes acquisitions, growth with new capital

Brokerage-owned real estate tech startup MoxiWorks announced Thursday it’s received “a meaningful growth equity investment” from private equity firm Vector Capital. Together with part-owners Windermere Real Estate, Howard Hanna Real Estate Services and… Continue reading

Keller Williams is expanding to Japan

Keller Williams is set to launch its first market center in Japan, giving the U.S.’s largest franchisor a significant presence in Asia. With the new franchise, Keller Williams now has more than 50 market centers and 2,164 agents across 10 countries and… Continue reading

A VC firm that backed Compass is betting on a new startup

Prevu, a New York City-based startup brokerage and platform, just closed a $2 million seed funding round. The round was led by Corigin Ventures, a seed venture firm that’s also backed Compass, Transfix, Latch, ClassPass and Wheels Up. Continue reading

Real estate biz leaders join call for gun reform

Nearly 150 business leaders signed a letter that was sent to U.S. Senate, Thursday, calling on the governing body to pass a national background check law for all gun sales and a national extreme risk law — or “red flag law.” Continue reading