Tag Archives: News Brief

Valuation technology provider Clear Capital lays off 250 employees

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Clear Capital CEO Duane Andrews issued a statement on Wednesday saying the software company “must now face a market that will represent the greatest challenge yet.” Continue reading →

Looking to renovate construction space, Freemodel secures $19.5M

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QED led a $19.5 million Series A for Freemodel to expand its approach to prepaid, fully managed market preparation renovations, according to an announcement sent exclusively to Inman. Continue reading →

Pool of agents working in LA shrunk amid slowdown last year: Analysis

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The number of active real estate agents in LA decreased by 27 percent year over year, falling from 4,800 agents in the fourth quarter of 2021 to 3,500 agents during the same period in 2022. Continue reading →

Zillow deploys AI to improve online home search experience

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Powered by an advanced natural language technology, homebuyers can enter longer, detail-rich requests, as they would on Google, to unearth more accurate inventory matches. Continue reading →

Bright, CRMLS, REcolorado unify to launch consumer search site

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Nestfully will offer seamless desktop, mobile and native iOS and Android app experiences and provide the latest listing and just-sold information, according to company. Continue reading →

Inside Real Estate reduces staff following BoomTown acquisition

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Inside Real Estate CEO Joe Skousen confirmed the layoffs in an email to Inman, saying the cuts are the result of overlapping positions following the acquisition, which was first announced on Friday. Continue reading →

Inside Real Estate acquires industry competitor BoomTown

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In what could be described as the most significant proptech acquisition since Zillow purchased ShowingTime, the resulting company will boast 700 employees and a massive range of customers. Continue reading →

RE/MAX rolls out MAX/Tech platform powered by kvCORE

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MAX/Tech powered by kvCORE is a new, nationwide marketing and business technology solution for RE/MAX offices, teams and agents, the company announced Thursday. Continue reading →

IBuying-minded HomeBldr upgrades investment analysis tools

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The reporting tool determines a number of return-on-investment scenarios, taking into account market conditions, available financing and any need for renovations and improvements. Continue reading →