Flyhomes announces 3rd round of layoffs since 2022

Seattle-based brokerage and mortgage lender Flyhomes announced another round of layoffs on Friday. The company had layoffs in July and November 2022, with one round impacting 20 percent of its workforce. Continue reading

Flyhomes rebounds with launch of nationwide lender partner channel

“Buy before you sell” product is the first offering in a phased rollout, with plans to offer a full suite of products, including cash offer services. Continue reading

Real estate funding startup Setpoint rakes in $43M in Series A round

The funds came from a variety of investors, including Andreessen Horowitz, Fifth Wall, 645 Ventures and others. The funding is notable for coming amid a cooling housing market. Continue reading

Flyhomes: What it is and how agents can use its power buyer platform

What is Sailbridge? Learn about the power buyer from Flyhomes, how its fees work and how a client can use it to make a cash offer. Continue reading

Mortgage is the new money pit for portals: Mike DelPrete

Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies. Continue reading

New twists on home lending create opportunities for agents

As technology changes the way people think about homeownership, real estate agents will still be part of the picture say execs of EasyKnock, Flyhomes and Zillow at Inman Connect Las Vegas. Continue reading

Ribbon slashes one-third of workforce to adjust to ‘new reality’

After expanding into eight new states and more than doubling its market footprint this year, the Power Buyer is laying off 136 employees in search of an “achievable path to profitability.” Continue reading

Flyhomes lays off 20% of workforce, cites rising interest rates

The layoffs come after a rapid expansion into new markets including Texas, Colorado and Idaho following a $150 million Series C funding round. Continue reading

Proptech investor Paul Hurst sees a ton of opportunity in market shift

The problems that proptechs are trying to solve — inefficiencies in real estate transactions — remain, said Parker89 Managing Director Paul Hurst, while speaking at Connect Now. Continue reading