California Regional MLS launches venture fund, invests in Perchwell

CRMLS CEO Art Carter says the fund will serve agents’ and brokers’ need for “high-quality technology that enables them to do their jobs without worrying about how their data gets used.” Continue reading

‘I blundered’: Better CEO apologizes to workers after layoffs go viral

Better CEO Vishal Garg has apologized to the mortgage company’s staff, saying he failed to show adequate respect for the 900 former employees who were let go last week. Continue reading

Hometap raises $60M to bankroll growth of its home equity business

The growing business allows homeowners to access their home equity as their property values rise — without taking on more debt. Continue reading

IBuyers net record-high sales in Q3 amid skyrocketing purchase volume

Phoenix homeowners unloaded a mind-blowing $1.47 billion worth of housing stock to an iBuyer in the third quarter, the first instance a single market has exceeded $1 billion in iBuyer sales. Continue reading

Porch launching ‘pay-at-close’ program for home inspections

Since going public in a December 2020 merger with a special purpose acquisition company, Porch has continued to grow through acquisitions. Continue reading

Rental lead engagement features drive value, potential of Zuma: Tech Review

Zuma also works in unison with many of the apartment industry’s lead generation platforms, such as Apartment List, Zillow and Apartments.com. Continue reading

Real estate went into ‘hyperdrive’ in 2021: T3 Sixty report

The latest Swanepoel Trends Report finds that recent years have seen a wave of acquisitions and that COVID-19 accelerated migration away from pricy metro areas. Continue reading

Better CEO under fire after Zoom call layoffs go viral on TikTok

The online mortgage company is facing scrutiny from former employees and on social media, where a video of CEO Vishal Garg firing employees over Zoom drew thousands of reactions. Continue reading

2022 will be pivotal for Offerpad as it competes for the iBuyer crown

With the implosion of Zillow Offers in October, all eyes will be on Opendoor and Offerpad as they duke it out for iBuyer marketshare in 2022. Here are the biggest challenges Offerpad faces next year. Continue reading

Transaction management app Mevi eases clients’ document overload: Tech Review

What helps Mevi stand out is the ease of use its document tech offers buyers and sellers. The app has documents coded for Louisiana, Oklahoma, Minnesota, Wisconsin, Utah and Texas, in addition to its home state of Colorado. Continue reading