Tag Archives: SEC

RE/MAX President Amy Lessinger announces resignation

By | | Uncategorized
Comments Off on RE/MAX President Amy Lessinger announces resignation

Lessinger’s departure comes less than a year after she assumed the role of president. It also comes after RE/MAX has struggled with financial results in recent quarters. Continue reading →

EXp World Holdings sells Virbela, the firm that made its virtual world

By | | Uncategorized
Comments Off on EXp World Holdings sells Virbela, the firm that made its virtual world

The sale, to Virbela’s cofounders Alex Howland and Erik Hill, closed at the end of November. It comes at a time when virtual worlds and the metaverse have waned as a topic of excitement. Continue reading →

Compass COO Greg Hart to leave company at year end

By | | Uncategorized
Comments Off on Compass COO Greg Hart to leave company at year end

Hart joined Compass in 2020. After his departure, the fast-growing brokerage will eliminate the role of chief operating officer. Continue reading →

‘Cash Flow King’ took millions in Ponzi scheme, according to SEC

By | | Uncategorized
Comments Off on ‘Cash Flow King’ took millions in Ponzi scheme, according to SEC

“Nearly everything about his scheme was a lie,’” the SEC says in new charges against the investor, who raised money to buy homes in northern Ohio. Continue reading →

Anywhere lays off more workers, announces end of RealSure iBuyer

By | | Uncategorized
Comments Off on Anywhere lays off more workers, announces end of RealSure iBuyer

The company has slashed its workforce by 11 percent since last June, according to U.S. Securities and Exchange Commission filings. The moves come following months of housing market declines. Continue reading →

NYSE threatens to boot Offerpad over plummeting share price

By | | Uncategorized
Comments Off on NYSE threatens to boot Offerpad over plummeting share price

Offerpad’s stock slipped below $1 per share in late October, positioning the iBuyer to be delisted from the New York Stock Exchange, which would make it more difficult to buy and sell shares while scaring off investors. Continue reading →

Douglas Elliman to go public in spinoff from Vector Group

By | | Uncategorized
Comments Off on Douglas Elliman to go public in spinoff from Vector Group

If approved by the FTC and Vector Group’s board, Douglas Elliman’s shares would trade under the ticker “DOUG” on the New York Stock Exchange. Continue reading →

Citing pandemic, Redfin sells $110M stake to venture capital firm

By | | Uncategorized
Comments Off on Citing pandemic, Redfin sells $110M stake to venture capital firm

Durable Capital Partners is run by former T Rowe Price investment manager Henry Ellenbogen. “In chaotic times, he understands our long-term commitments,” Redfin CEO Glenn Kelman said. Continue reading →