Better CEO to colleagues: Biden death would be a boon for business

New whistleblower lawsuit claims Vishal Garg made misstatements ‘all aimed at duping investors and shareholders’ amid quest to bring Better public. Continue reading

Redfin takes in nearly $600M in Q1 revenue as market share grows

Revenue, market share, web users and homes sold by RedfinNow all rose. But the company reported a $90.8 million net loss in a Q1 earnings call on Thursday. Continue reading

Rental investing platform Mynd sees opportunity outside Sun Belt

Single-family rental investor platform expands to Indianapolis, Jacksonville and Nashville, bringing total footprint to 25 markets. Continue reading

Better shed nearly 60% of employees and posted $304M loss in 2021. But IPO still in cards, SEC filings show

Documents filed Monday with the U.S. Securities and Exchange Commission shed new light on just how bad the past 18 months have been for Better. Continue reading

RentPath rental listings go live on Redfin’s real estate portal

For the first time, Redfin users will now be able to search the Seattle-based brokerage’s online listing portal for homes and apartments for rent, it was announced Wednesday. Continue reading

Digital yachts and $2.4M virtual plots: Power brokers to sell the metaverse

Oren and Tal Alexander, two of Douglas Elliman’s top luxury agents, are extending their reach into the metaverse of virtual real estate. Continue reading

Plot of land trades hands for record-breaking $2.4M. Oh, and it’s virtual

The 6,000-square-foot tract of digital real estate will someday be home to a fashion outpost and event venue — in virtual reality, at least. Continue reading

No, BlackRock isn’t buying up all of Zillow’s homes

Zillow’s ill-fated iBuying venture drew detractors online before the program collapsed. But as the company races to unload 18,000 home, were they right about where it’s headed? Continue reading

Move CEO David Doctorow pushes back on anti-portal rhetoric

The top executive at realtor.com’s parent company said agents remain essential customers for listing portals, even as companies offer services to buyers and sellers. Continue reading