Wells Fargo pledges $1B to fight housing affordability crisis

Wells Fargo will be putting $1 billion toward various affordable housing initiatives, such as housing affordability, financial health and small business growth, from now into 2025. Continue reading

RE/MAX Select is walking away from realtor.com’s leads

RE/MAX Select, an East Coast real estate franchise with more than 200 agents, is severing its ties with realtor.com’s lead generation platform after 17 years over what it says has been a deterioration of that business service since realtor.com’s parent… Continue reading

Offerpad hires Zillow vet, promises cash offers within in 1 hour

Offerpad, the Arizona-based online fast homebuying and re-selling company, announced Wednesday that it has hired Bryan LaFranchi to lead its program in which homesellers can get all cash for their old properties and put the money toward the purchase of… Continue reading

EXp Realty heads overseas, expanding to the UK and Australia

EXp Realty announced on Wednesday that it’s expanding brokerage operations to the United Kingdom and Australia, the virtual cloud brokerage’s third and fourth countries after the U.S. and Canada.  Continue reading

Compass sued over a single decimal point

According to the complaint, The Mark Company orally agreed to pay RRA 16.25 percent of gross sales commissions from the sales of condominium units at an ultra-luxury development in San Francisco, 181 Fremont St. The companies signed a letter agreement … Continue reading

‘Full service’ for 1%? Clever Real Estate gets $3.5M in funding

Clever’s pitch to homesellers, which account for the vast majority of  referrals it makes, is full service from a top-performing agent for a 1 percent listing fee or a minimum of $3,000 — whichever is greater. That’s a third of the typical listing fee… Continue reading

Salesforce nixes gun stores: Should real estate care?

Salesforce is a large business technology company, and its CRM is very popular among real estate agents. The company has decided to stop selling its e-commerce software to retail gun stores. How will real estate respond? Continue reading

How the real estate industry is celebrating Pride 2019

June in America is LGBTQ Pride Month, with parades and celebrations across the country commemorating the anniversary of the Stonewall Riots – a series of gay rights demonstrations in 1969 that were met with police force and gave birth to the LGBTQ move… Continue reading

RE/MAX team of 17 agents jumps to eXp Realty

Veronica Figueroa, a former Inman Innovator award winner and member of the Real Trends Thousand is taking her 21-person Orlando-based team to eXp Realty from RE/MAX, she confirmed to Inman this week. Continue reading