Chinese billionaire buys $75M mansion after browsing Zillow

A Chinese billionaire made an all-cash offer on a luxury Bel Air estate owned by The Arya Group builder Ardie Tavangarian and his wife Tania after finding it on Zillow. Continue reading

Audience Town believes it can end ‘pay and spray’ advertising

Ed Carey, founder and CEO of Audience Town, a new real estate advertising company, believes lead generation in its common forms is antiquated and becoming diluted. Here’s why he thinks that programmatic advertising is the future of online outreach for … Continue reading

MoxiWorks brings on former Zillow, NAR execs to help brokers weather ‘tech storm’

Brokerage-owned real estate technology firm MoxiWorks brought on industry veterans Kirsten Wanshura and Heather Glass to act as trusted technology advisors for brokerages. Continue reading

BlackRock raises its stake in plummeting Realogy

Investment management firm BlackRock now owns a stake in the real estate holding company valued at approximately 16 percent. Continue reading

Matterport to acquire AI-driven imaging company Arraiy

Arraiy, which uses machine learning to blend virtual and real environments, will see its engineering team and technology integrated with Matterport. Continue reading

Realogy stock plummets as JP Morgan calls industry ‘Wild West’

The country’s largest real estate holding company saw its stock value decline to $5.87 per share at market close Wednesday. Continue reading