Tag Archives: homelight

Ribbon back in expansion mode with push into Illinois and Michigan

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Less than two months after layoffs, the power buyer says it’s still on track to meet a goal of being operational in 25 states by the end of the year. Continue reading →

Mortgage company Homepoint laying off ‘hundreds’ of workers

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The Michigan-based and third-largest wholesale mortgage lender aims to cut costs by more than $100 million a year in response to an “extremely challenging” lending environment. Continue reading →

WATCH: Power Buyers at ICLV say cash offers will never go out of vogue

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Knock and HomeLight CEOS are witnessing a sea change as the market shifts, but they said that doesn’t necessarily mean buyer and seller appetites for cash offers will change anytime soon. Continue reading →

The 25 fastest-growing real estate companies on the Inc. 5000 list

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Mortgage, proptech, investment and property management companies ranked high among Inc.’s annual list of the fastest growing U.S. companies, including names like Orchard and Ribbon. Continue reading →

Power Buyers ready to power through market shift

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While funding may be scarce for real estate startups, Power Buyers Knock and HomeLight CEOs Sean Black and Drew Uher said at Inman Connect, that they aren’t having trouble securing capital. Continue reading →

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

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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 →

HomeLight founder and CEO Drew Uher: Power Buying is here to stay

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HomeLight announced on June 29 that it planned to cut an unspecified number of jobs. Uher is confident in Power Buying and shares his views ahead of Inman Connect Las Vegas. Continue reading →

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

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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 →

Flat-fee HomeLister to use Series A funding for national expansion

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Already in 17 markets, the alternative sales platform secured $10 million in a Series A round led by M13 and Homebrew. It’s the second flat-fee or discount service to earn financing this month, joining HomeLight. Continue reading →

HomeLight joins growing list of companies announcing layoffs

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The company announced job cuts Wednesday, saying it needed to focus on growing in a “sustainable way.” Numerous other companies have also cut jobs as the housing market shifts. Continue reading →