Tag Archives: Industry News

SEC charges real estate developer with fraud in Ponzi-scheme

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The U.S. Securities and Exchange Commission filed an emergency action Thursday against New York State real estate developer Robert Morgan. Continue reading →

Realtor.com lays off Arizona sales team, consolidates in California

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The team in Scottsdale had been working on realtor.com’s lead generation and marketing products, which are geared toward real estate agents. Now, all those sales efforts at realtor.com will be consolidated into an office in Westlake Village, California… Continue reading →

Company that eliminates security deposits ‘locks’ in new partner

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LeaseLock replaces security deposits with monthly fees and believes its new insurance partnership shows that the industry is embracing its business model. Continue reading →

Compass poaches entire 22-person Coldwell Banker team

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Los Angeles-based WSA Real Estate operates in the tony western half of Los Angeles. Team members are now decamping for Compass, which is not acquiring the entity itself. Continue reading →

Trulia founder Pete Flint’s venture firm NFX raises $275M

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NFX splits its investments equally between business-to-business companies and business-to-consumer companies, but said that out of 3,000 firms seeking money this year it will ultimately only fund 0.5 percent. Continue reading →

Airbnb launches partnership with DNA testing company 23andMe

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The partnership comes amid what Airbnb says is a rise in “heritage travel,” or trips people take to connect with their ancestors’ homelands. Continue reading →

Best friends 4ever? Redfin strikes deal with Zillow to list in 4 cities

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Long-time rivals Zillow and Redfin have finally made peace — over one issue at least — and struck a deal that allows the former to directly host the latter’s listings in four U.S. cities. Continue reading →

NAR files motion to dismiss ‘bombshell’ buyer-side lawsuit

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In a statement, NAR said it wants the suit thrown out because it “misrepresents” the organization’s rules that govern multiple listing services. Continue reading →