Redfin sees Q2 revenue rise, while losses remain nearly flat

The company saw revenue climb 7 percent to $295.2 million between April and June, but it also lost $27.9 million — just a hair above its Q2 2023 loss. Continue reading

Travelers spent $21.2B booking through Airbnb last quarter

The leading short-term rental platform told investors that its share of revenue grew by 11 percent to $2.75 billion in the second quarter of this year. Travelers made 125.1 million total bookings in three months. Continue reading

Investment firm loses former Trump hotel to foreclosure auction

Miami-based investment firm CGI Merchant Group purchased the luxury hotel in 2022 for $375 million with a $285 million loan from BDT & MSD Partners. By 2023, the firm had defaulted on its debt. Continue reading

Perchwell’s $25M Series B revs up idling VC market

Brokerage and MLS software platform Perchwell has closed on a Series B round of funding led by Lux Capital. Continue reading

Florida Realtor association keys in on partnership with SentriLock

Orlando Regional Realtor Association, one of the nation’s top 10 largest multiple listing services, has made its decision on an official lockbox partner by selecting SentriLock, one of two primary industry providers. Continue reading

NAR settlement still an enigma for some ahead of big Aug. 17 deadline

Last week, the brightest minds in real estate converged at Inman Connect to set agents, brokers and MLS members straight on the finer points of the new rules taking effect in less than two weeks. Continue reading

8 key ways our team is preparing for Aug. 17

Here’s how team leader Carl Medford is being proactive and prepared as his team gears up for the changes that will follow the implementation of the National Association of Realtors’ settlement agreement. Continue reading

Lesson Learned: Continually seek opportunities for improvement

Find out how Orlando-based Premier Sotheby’s International Realty agent and Miss Florida USA, Peyton Lewis, focuses on self-awareness, growth and goals to meet challenges head on. Continue reading