The Utah-based disruptor “moved our real estate agents from W2 to 1099” while other “non-Homie” agents were laid off last week due to “role redundancy,” a Homie spokesperson confirmed to Inman. Continue reading
Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down. Continue reading
The acquisition will expand the company’s footprint to 14 states. The deal also comes amid a challenging time for the real estate technology sector. Continue reading
The Texas-based firm does property management and provides a variety of tech platforms. The layoffs come amid widespread job losses in the real estate sector. Continue reading
The company is among the most prominent of the upstart flat-fee brokerages that rose in recent years, but will lose cofounder and CEO Johnny Hanna as the market experiences “turmoil.” Continue reading
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
The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than others. Continue reading
The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than others. Continue reading
With a few exceptions, the layoffs have so far largely been confined to companies providing mortgages and mortgage-related services like title and closing. Continue reading
The trade group highlighted its own members — including Zillow, Compass, Redfin, Homie, Opendoor and Offerpad — among those whom it’s competing with for consumer mindshare. Continue reading