REColorado owners oust board amid plans to sell MLS

Owners of the 16th largest MLS in the country plan to sell to a newly formed private company called MAZL that is run by a person identified only as J. Burks. Continue reading

Buyers need an income that starts with a 3 to live in this pricey city

Homebuyers need to earn an income of more than $150,000 to afford homes in 14 out of the 50 biggest metro areas as of April, according to Realtor.com. But in San Jose, buyers must earn at least $361,000. Continue reading

Dave Umphress’ Flourish Real Estate Network leaves KW for Real

The $1 billion in career sales network, which Umphress first launched in 2012, operates in most major Colorado markets and Austin, but has goals of ultimately expanding nationwide. When Umphress first created the group, it was part of a Colorado Keller… Continue reading

Compass adds new AI marketing tool to its tech platform

The new tool comes during a year of heightened interest in artificial intelligence. It’ll help agents write listing descriptions, craft social media posts and more. Continue reading

Zillow and Opendoor expand partnership to 11 new markets

The former rivals are now jointly providing cash offers to consumers in a total of 16 markets, most of them spread out across the Sunbelt. Continue reading

Zillow expands ‘post-pay’ Premier Agent model to 2 new markets

The expansion is part of Zillow’s “enhanced markets” program, which is now in six cities and part of the company’s efforts to eventually build a real estate “super app.” Continue reading

Compass scores 2 new Colorado agents — including a ‘boomerang’

Adana Leonard and Tommy Kanarellis — who’s returning to Compass after a stint at Douglas Elliman — focus on luxury listings and join the brokerage amid fierce competition for top agents. Continue reading

Meet the boomerang agents returning to their old brokerages

As the battle for agent count stalls amid a slow market, firms such as Compass are seeing former agents, lured away by promises of better tech and more opportunities, come back into the fold. Continue reading

Denver Metro to provide teams app, Shaker, as member benefit

Shaker is a mobile-first solution on both iOS and Android operating systems used in managing listings and transactions and automating tasks and deadlines, among key business processes. Continue reading