Engel & Völkers opens up shop in Raleigh, North Carolina

The brokerage’s license partner of Engel & Völkers Charlotte, Yuriy Vaynshteyn, will help lead the new office, alongside Nikita Zhitov and Vincenzo Verdino, founders of CityPlat Commercial Real Estate, a Raleigh-area firm. Continue reading

What to expect as Compass, Opendoor, Offerpad and Keller Williams release earnings today

How will Opendoor and Offerpad respond to Zillow bowing out of iBuying? How is Compass faring as a fledgling public company? And is Keller Williams nearing an IPO? Continue reading

Robert Reffkin wants Compass to be the Amazon of real estate

The Compass CEO shared insight into his company’s approach to technology and why brokers need to make decisions with the next decade in mind. Continue reading

MoMa penthouse with $36M asking price sells to anonymous buyer

The penthouse unit of 53 West 53, also known as the glass skyscraper above New York’s Museum of Modern Art, has a new owner. Continue reading

Redfin CEO, Zillow pour cold water on TikToker’s iBuyer theory

A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory “fairly conspiratorial,” and iBuyers themselves said they still have a tiny share of the market. Continue reading

Creating value in your business? It’s all about integrity

If you cut corners, fudge numbers, or break the rules, expect to be busted. It will kill the deal or deflate your valuation. Don’t put your biz up for sale if there’s rot in the basement. Continue reading

Prefab homebuilder Plant Prefab rakes in $30M in financing

The company also announced it has opened a second factory in Ontario, California, and is working on a third factory, which will be its first automated facility, capable of building homes 20 to 50 percent faster than traditional methods. Continue reading

Clubhouse ditches invite-only system, opens platform to all

The audio-only social app was once the buzziest thing in tech and real estate. Is going wide enough to save it? Continue reading

Space tourism means closing gifts could soon be out of this world

Richard Branson’s successful trip to outer space means that space tourism is becoming a reality for the public. How long before it becomes a common perk offered to luxury buyers? Continue reading

Elon Musk puts final home on market 1 year after vowing to unload all ‘earthly possessions’

The SpaceX founder took to Twitter to announce plans to put his “special place” just south of San Francisco on the market. It’s unclear if Musk has hired an agent. Continue reading