Tag Archives: Industry News

RE/MAX revenue jumps in Q1 thanks to rising home prices

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The company turned a profit during the first quarter of the year, though its agent count only ticked upward modestly, according to earnings released Thursday. Continue reading →

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

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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 →

United Real Estate Group merger pushes agent count to nearly 20K

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The Dallas-based company’s merger with Platinum Realty will add Platinum’s more than 2,100 agents to the more than 16,000 already working at United, though Platinum will retain its own brand and compensation structure. Continue reading →

ClimateCheck now available on NAR’s Realtors Property Resource

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The climate change risk data company has partnered with the National Association of Realtors to provide property risk ratings to members through an integration with the Realtors Property Resource platform. Continue reading →

Rent rose to record highs in 2021. It’s rising even faster this year

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The monthly cost of renting a one-bedroom home has reached record highs in 13 of the past 14 months, according to Zumper. Continue reading →

Venture fund for nation’s biggest MLS will eye agent-friendly startups

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With its venture capital firm — the first-ever created by a multiple listing service — CRMLS will focus only on early-stage companies improving the broker and agent experience. Continue reading →

HomePace to launch homebuyer solution with backing from Lennar

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With $7 million in Series A funding led by LENx, shared equity startup HomePace will launch homebuyer solution that allows buyers to double their down payments. Continue reading →

Berkshire Hathaway HomeServices NYC gets 2 new execs

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Steven James, who will serve as CEO, and Brad Loe, who has been tapped as executive vice president, director of sales, will focus on New York City. Continue reading →

How much has the industry changed for LGBTQ agents? Not much

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Despite the boom in brokerage-created diversity, equity and inclusion initiatives to solve these issues, the LGBTQ+ Real Estate Alliance said the day-to-day experiences of their members have barely changed. Continue reading →