Tag Archives: Industry News

Redfin expands in the Midwest, launches in Des Moines and Lincoln

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In the two new markets, Redfin agents – who are employees, not independent contractors – will sell homes for a 1.5 percent listing fee versus the industry standard 3 percent. However, 1.5 percent is still higher than the 1 percent listing fee Redfin of… Continue reading →

HBO’s John Oliver puts spotlight on mobile home industry

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On Sunday, HBO’s Last Week Tonight with John Oliver delved into the mobile home industry, otherwise known as the manufactured home or trailer industry. Continue reading →

‘Survival of the fittest’: Real estate pros predict far fewer agents

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There are more than a million agents in the U.S. right now, but if some of the industry’s leaders are right that number is poised to get much smaller. Continue reading →

Keller Williams wants to be Redfin

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Keller Williams has famously declared itself a “technology company” and is investing heavily in software, but it turns out the firm has an even more specific goal in mind: It wants to be Redfin. Continue reading →

Compass doesn’t care if it builds or buys its technology: Reffkin

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A month and a half after Compass surprised the real estate industry by snatching up CRM maker Contractually, Robert Reffkin said he doesn’t care if his company builds or buys its technology. Continue reading →

Attention, agents: Opendoor launches new referrals program

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Opendoor introduced on Tuesday a new program to refer clients outside of the company’s buy parameters to partner real estate agents.  Continue reading →

Red Oak Realty reveals new website, platform redesign

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Red Oak Realty has launched a new website and redeveloped tech platform to streamline its business, epitomizing the way indie brokerages are increasingly beefing up their software capabilities. Continue reading →

Two developers in college admissions scandal plead guilty

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Robert Flaxman, the CEO and co-founder of Crown Realty and Development and Bruce Isackson, president of the California-based WP Investments, are both pleading guilty for their roles in the massive, highly publicized college fraud scheme, the U.S. Attor… Continue reading →