Relocation tech startup Updater eyes big 2022 with $60M round

The funding will be dedicated to sustaining Updater’s current growth trend, which has seen the company climb to approximately 250 employees over the past 12 months. Continue reading

RE/MAX delivers record Q3 revenue amid RE/MAX Integra acquisition

The record quarter was largely driven by the company’s purchase in July of RE/MAX Integra, a $235 million deal that marked the largest franchise acquisition in the brokerage’s history. Continue reading

‘Love letter’ ban to see day in court thanks to First Amendment group

A first-in-the-nation Oregon law restricting love letters between buyers and sellers, set to begin in January, is being challenged in court by the conservative-leaning Pacific Legal Foundation. Continue reading

Fast-growing Houston indie Abby Realty is the latest to join eXp

Houston’s Abby Realty, a brokerage with over 472 agents and one of Texas’ fastest growing independents, is making the move to eXp Realty, another sign that the brokerage’s remote business model continues to resonate with industry leaders. Continue reading

Rental lead converter Zuma emerges from beta, raises $6.7M

Zuma’s software flattens traditional lead qualification and follow-up processes using on-demand engagement methods to qualify prospects as leads, arrange appointments and determine best practices for ongoing lead nurture. Continue reading

Pacaso’s latest market is California’s rugged, stunning Monterey Bay

Second home ownership platform Pacaso announced the acquisition of a home in the Monterey Bay market, a coastal, sought-after respite that boasts some of the nation’s most scenic communities, such as Pebble Beach and Carmel-by-the-Sea. Continue reading

@properties to acquire Christie’s International Real Estate

The long-term brand license agreement is expected to close on Dec. 1 and will position Christie’s for “accelerated growth under the leadership of an industry expert,” Inman can exclusively report. Continue reading

Place is the latest real estate company to reach unicorn status

Ben Kinney and Chris Suarez’s company Place, launched last year, offers business infrastructure support to targeted, high-producing agents, ranging from accounting to marketing, transaction and CRM technology products. Continue reading

Avi Dorfman’s 8-year battle with Compass is finally over

Eight years after filing suit against Compass, Avi Dorfman has what he wants — a founder title and compensation for his role in helping the company pivot in 2012. Continue reading

In the end, Elon Musk hired agents to sell his final ‘earthly possession’

After putting San Francisco home on market without the help of an agent, the SpaceX CEO relented, tapping Mary and Brent Gullixson of Compass to sell last property in his portfolio. Continue reading